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UK HMRC mandates crypto exchanges must share user data starting 2026
Digital asset service providers in the UK must submit customer data to His Majesty’s Revenue and Customs (HMRC) beginning Jan. 1, 2026. According to a May 14 update on the […]
Coinbase confirms Biden-era SEC probe over ‘verified users’ is still ongoing
The US Securities and Exchange Commission (SEC) is investigating Coinbase to determine whether it misrepresented the number of users on its platform. Coinbase confirmed the news on May 15 after […]
FTX creditors poised to receive $5B by May 30 in latest distribution round
FTX Recovery Trust will begin distributing over $5 billion to creditors on May 30 as part of the company’s Chapter 11 Plan of Reorganization, according to a May 15 statement […]
How an insider-led breach sparked a costly scam at Coinbase
Alliance DAO contributor Qiao Wang has detailed a sophisticated social engineering scam targeting Coinbase users amid the firm’s insider-led data breach incident. In a May 15 post on social media, […]
Coinbase resists $20 million Bitcoin ransom demand after insider-led data breach
Coinbase revealed that it suffered a data breach that affected less than 1% of its active monthly users, according to the May 15 statement. Following the hack, the exchange CEO […]
Coinbase CEO wants to hire DOGE staff to help improve the global financial system
Coinbase CEO Brian Armstrong extended a public invitation to employees of the US Department of Government Efficiency (DOGE), encouraging them to apply for roles at the crypto exchange after they […]
Coinbase to launch wrapped XRP, ADA, DOGE, and LTC on Base network
Coinbase is expanding its footprint in the wrapped token space by preparing to release wrapped versions of XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC) on its Ethereum Layer 2 […]
Coinbase makes history with S&P 500 induction, reinforcing crypto’s arrival in mainstream finance
Coinbase has become the first and only crypto company to be added to the S&P 500, marking a historic milestone for both the digital asset sector and traditional financial markets. […]
FTX EU victims can now withdraw trapped Euros via Backpack but crypto withdrawals remain blocked
Backpack has officially opened the withdrawal window for former FTX EU customers, marking a major step in returning lost funds to the defunct exchange users across Europe. The claims process […]
Democrat Senators urge Treasury, DOJ to probe Trump’s crypto ties to Binance
Democratic senators have requested that the US Treasury and Justice Department investigate President Donald Trump’s crypto ties to Binance, Bloomberg News reported on May 9. According to the report, the […]