Bastion raises $14.6 million with Coinbase leading investment

Bastion raised $14.6 million in fresh funding led by Coinbase Ventures, pushing its white-label stablecoin model further into the mainstream as payments and crypto firms seek simpler token launches and faster settlement. The company builds issuance, compliance, and wallet rails…

Coinbase $1.5 billion gain and two hidden earnings items

In the second quarter of 2025, coinbase reported mixed results: total revenue was $1.5 billion, slightly below expectations, and transaction revenue fell to $764.3 million as trading volume decreased. Adjusted net income was $33.2 million, showing that recurring operations were…

Supreme Court sustains IRS summons for Coinbase data

The US Supreme Court recently declined to review an IRS summons compelling Coinbase Global Inc. to disclose transaction records for over 14,000 cryptocurrency users. This refusal came without comment, leaving intact a lower court decision that upheld the summons under…

Coinbase Stock Rises 45% on Senate Stablecoin Approval

Coinbase Global Inc. shares closed at the highest level ever last Thursday when the stock climbed 5.5% to $375.07, surpassing the prior peak of $357.39 from November 2021. After tumbling to a record low in late 2022 amid the collapse…

Coinbase climbs 38% on US stablecoin bill and MiCA approval

Shares of Coinbase hit their highest level in a year this week, reflecting growing regulatory clarity both in the United States and abroad. Since June 18, the stock of the leading U.S. crypto exchange has climbed 38%, driven by the…

Coinbase Offers E-Commerce Stablecoin Payments to Merchants?

Coinbase Global is unveiling a suite of payment tools designed to position stablecoins as a mainstream method for online transactions. The new Coinbase Payments platform arrives shortly after the US Senate approved landmark stablecoin legislation on June 17, 2025, and…

JPMorgan Debuts 1st Deposit Token with Coinbase for Firms?

JPMorgan Chase, the largest bank in the U.S., is intensifying its foray into digital assets by piloting a new deposit token named JPMD. This initiative marks a decisive shift in how a traditional commercial bank leverages blockchain mechanics to facilitate…

Coinbase draws criticism sponsoring US military parade

The first large-scale military parade in Washington, D.C., in decades unfolded on Saturday to mark the 250th anniversary of the United States. Among the marching units and military hardware, corporate banners lined the review stands to recognize sponsors. Coinbase, the…

Shopify partners with Coinbase and Stripe 2025 USDC launch

In a bold expansion of its payment ecosystem, Shopify is set to introduce stablecoin transactions for all merchants on its platform later this year. This initiative marks the largest foray into cryptocurrency by the e-commerce leader, leveraging USDC—an asset-backed digital…

Coinbase alumni raise $30 million for Turnkey crypto wallets

Turnkey is a crypto infrastructure company focused on simplifying the process of creating and managing digital wallets. Founded in 2022 by two former Coinbase employees, the company offers APIs that developers can use to build wallet features into their applications.…