Coinbase Global also operates a marketplace with a pool of liquidity for transacting in crypto assets for institutions. Tools for businesses include direct access to the cryptocurrency market and the ability to list crypto assets on the exchange. Assets can be listed and sold to raise capital for projects or as a means of transferring wealth.
Hundreds of users experiencing issues
“The payload was focused on exploiting the public CI/CD flow of one of their open source projects – agentkit, probably with the purpose of leveraging it for further compromises,” Palo Alto Networks Unit 42 said in a report. “However, the attacker was not able to use Coinbase secrets or publish packages.” The supply chain attack involving the GitHub Action “tj-actions/changed-files” started as a highly-targeted attack against one of Coinbase’s open-source projects, before evolving into something more widespread in scope. The Consumer Financial Protection Bureau ended four Biden-era enforcement lawsuits on February 27. The cases were brought against Capitol One; Vanderbilt Mortgage & Finance, which is owned by Berkshire Hathaway; Rocket Homes Real Estate, a unit of Rocket Cos.; and the loan servicer Pennsylvania Higher Education Assistance Agency.
Coinbase down for you?
Track the status of your essential platforms in real-time, all in one place. The above graph displays service status activity for Coinbase.com over the last 10 automatic checks. The blue bar displays the response time, which is better when smaller.
On February 21, the cryptocurrency exchange Coinbase said the Securities and Exchange Commission was ending a nearly two-year lawsuit against the company. The decision likely foreshadows an era of lighter crypto regulation during a second Trump term. There are clear winners already, with Coinbase, OpenSea, Robinhood, and Kraken seeing federal officials swiftly closing shop on probes and enforcement lawsuits. And after only its first month, a pattern is emerging, with a number of major Biden administration cases dropped and others left firmly standing. Coinbase says the Securities and Exchange Commission has dismissed its case against the cryptocurrency platform, pending commission approval. The daily chart shows that the COIN share price has crashed in the past few months, falling from a high of $350 to $190.
Recent Reports
Monitor Coinbase’s service health in real-time with our status dashboard. View current system performance, active user reports, and regional impact data to stay updated on Coinbase’s service stability across all regions. The cryptocurrency exchange Kraken said in a blog post on March 3 that the SEC had “agreed in principle” to drop a 2023 lawsuit that alleged the company was operating as an unregistered securities exchange, broker, dealer, and clearing agency. The SEC dismissed the lawsuit with prejudice, meaning the agency can’t reopen the suit, the post says.
Outage impacting users across the UK
Coinbase Global, Inc offers a range of tools for traders and investors. The company offers a primary financial account in the crypto-economy for businesses and consumers alike. The primary account, often referred to as a wallet, allows owners to buy, sell, trade, send, and receive cryptocurrencies supported by the platform. Coinbase Global supports well over 200 different cryptocurrencies and the number is growing so the potential application is very broad. New users may also earn free cryptocurrencies by participating in the company’s education program. The program informs users of new cryptocurrencies and rewards them for their time.
Just this week, Kraken acquired NinjaTrader in a $1.5 billion deal. Please log in to your account or sign up in order to add this asset to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Armstrong is a co-founder, Chairman of the Board, CEO, and president of Coinbase and the driving force behind the business. One of his many innovations is making Coinbase Global, Inc a “remote-first” business which means there is no official corporate headquarters.
Coinbase Global (COIN) Stock Price, News & Analysis
Otherwise you might just make it all too easy for cybercriminals to steal your cryptocurrency. Nonetheless, there is a good chance that the email’s deviousness will mean that it has managed to waltz past a good many users’ spam filters. Get the latest news, expert insights, exclusive resources, and strategies from industry leaders – all for xcritical scammers free. “However, when targeting Coinbase, the attacker specifically fetched the GITHUB_TOKEN and ensured that the payload would only execute if the repository belonged to Coinbase.”
- Therefore, the Coinbase stock price will likely have a strong bearish breakdown in the coming days.
- Since Trump took office for a second time, the agency has shut down its Washington headquarters, fired hundreds of employees, and told those who are still employed to stop working.
- Coinbase Global, Inc offers a range of tools for traders and investors.
- “However, the attacker was not able to use Coinbase secrets or publish packages.”
- That said, the manner in which this token may have been acquired remains unknown at this stage.
- The following are the most recent problems reported by Coinbase users through our website.
Coinbase Global scored higher than 93% of companies evaluated by MarketBeat, and ranked 126th out of 934 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis xcritical website and valuation. Drag this Website Status bookmarklet to your browser bookmarks bar to check a websites status from anywhere. If Coinbase is down or you are currently experiencing problems with Coinbase, please let others know by selecting an issue below and leaving a comment. We have tried pinging Coinbase website using our server and the website returned the above results.
71 percent of users are reporting problems with the app, 23 percent are having issues with the website and six percent are having trouble transferring funds out. The attacker can then plunder the account for NFTs and cryptocurrency, transferring them into a wallet that they solely control. It’s currently not known what the end goal of the campaign was, it’s “strongly” suspected that the intent was financial gain, likely attempting to conduct cryptocurrency theft, given the hyper-specific targeting of Coinbase, Gil pointed out.
On February 24, the financial services platform Robinhood said in a blog post that the SEC would drop its investigation into the company’s crypto unit, after sending a Wells Notice in May of 2024. The SEC told Robinhood in a letter that the investigation was over and it didn’t plan to pursue a lawsuit, the post said. “For the last several years, the Commission’s views on crypto have been largely expressed through enforcement actions without engaging the general public,” said SEC acting chairman Mark T. Uyeda. “It’s time for the Commission to rectify its approach and develop crypto policy in a more transparent manner. The Crypto Task Force is designed to do just that.”
However, this growth will depend on the performance of the crypto market. Most of it comes from stablecoins, while the rest comes from blockchain rewards, interest and finance fees, custodial fees, and other services. Another top Coinbase news came from Bloomberg, which reported that the company was considering making a bid for Deribit, a top crypto derivatives company. This would be a big move as it would transition it into the biggest derivatives player in the crypto industry. Estimates are that the deal will value Deribit at about $5 billion.
It is about to form a death cross pattern as the 50-day and 200-day Exponential Moving Averages (EMA) have formed a bearish crossover pattern. The most important detail in its report was that it has almost balanced its transaction revenue with that of its subscriptions. Its transaction revenue rose to $572 million, while the subscription and services segment made $641 million. The most recent financial results showed that Coinbase’s business did well in the fourth quarter as crypto prices surged.
OpenDNS or Google Public DNS are both excellent and free public DNS services. The following are the most recent problems reported by Coinbase users through our website. Recipients are urged to download the Coinbase Wallet app, and import the sequence of words into it – creating a new wallet for their funds. Join our expert-led webinar “AI Uncovered” to discover actionable strategies for securing your business against AI-driven cyber threats.
According to the status page, some users may still experience failures when sending crypto or withdrawing fiat, marking the service as degraded. The exchange noted the outage in a post on X, saying it was investigating the issue and working on a solution. A spokesperson for Coinbase said that company didn’t have anything to add.
If no bar is displayed for a specific time it means that the service was down and the site was offline. Beware of “support numbers” or “recovery” accounts that might be posted below. The graph below depicts the number of Coinbase reports received over the last 24 hours by time of day. When the number of reports exceeds the baseline, represented by the red line, an outage is determined. And, of course, because of this – the email does not have to link to a bogus phishing page or malicious URL.
As of March 19, 2025, the cryptocurrency exchange has remediated the attack. The attacker is believed to have https://xcritical.online/ obtained a GitHub token with write permissions to the agentkit repository – in turn facilitated by the execution of the tj-actions/changed-files GitHub Actions – so as to make the unauthorized changes. It’s currently suspected that the attacker managed to somehow gain access to a token with write access to the reviewdog organization in order to make the rogue alterations. That said, the manner in which this token may have been acquired remains unknown at this stage.