coinbase

According to official news, Coinbase's perpetual contract products are officially open for trading to eligible non-U.S. users.The listed assets include stocks from the "Big Seven Tech" companies, including Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta Platforms, and Tesla, as well as perpetual contracts for the SPY and QQQ ETFs (in regions where trading is allowed).The products support continuous trading 24/7, offering up to 10x leverage on individual stocks and up to 20x leverage on ETF perpetual contracts, settled in USDC, and support unified margin management across all perpetual contracts and spot positions.

According to Cointelegraph, a subdomain page of Coinbase Commerce prompted users to enter their wallet recovery phrases, raising concerns among security researchers. SlowMist Yu Sin stated that it is incomprehensible why Coinbase would set up such a page, directly asking users to input their recovery phrases in plain text for asset recovery, believing this action poses serious security risks.On-chain analyst ZachXBT pointed out that this page was previously referenced in a help document for Coinbase's Commerce product, which suggested users recover funds by importing their recovery phrases into compatible wallets like Coinbase Wallet or MetaMask, and included a link to the withdrawal tool on that subdomain. Currently, the help document is shown as deleted. ZachXBT also noted that if this page were exploited by malicious actors, it could facilitate social engineering attacks on Coinbase users targeting their recovery phrases.

According to Onchain Lens monitoring, BlackRock deposited 930 BTC (worth $65.48 million) and 12,687 ETH (worth $27.75 million) into Coinbase, and may continue to increase the deposits.

According to Arkham data, at 14:26, 435.91 BTC (worth approximately 20.71 million USD) was transferred from Coinbase to LMAX Digital.

After Slow Mist founder Yu Xian disclosed that the Coinbase Commerce asset recovery page directly requires users to enter plaintext mnemonic phrases, Slow Mist's Chief Information Security Officer 23pds added that the sitemap of that page also has flaws, allowing malicious attackers to easily use tools like ResourcesSaver to download the frontend code and deploy similar websites.If combined with similar domain names like Coinbase for phishing attacks, users can easily fall victim.

The Federal Court for the Northern District of California recently dismissed Coinbase user Roger Metz's attempt to block the IRS subpoena.Metz claimed that the IRS's subpoena requiring Coinbase to hand over financial records related to its 2022 tax audit violated his privacy rights and procedural rules, and stated that he had discovered errors and paid additional taxes before the subpoena was issued. The court ruled that Metz's failure to notify the U.S. Attorney General within 90 days constituted "insufficient service," dismissing the case but allowing him to resubmit the application in the future.

According to The Information, Coinbase is promoting the use of AI agents to make payments with cryptocurrency and is working to reach a stablecoin partnership with Cloudflare.Given Cloudflare's key role in managing network traffic, if an agreement is reached, the relevant stablecoin will play a central role in the AI agent-driven traffic.

According to OnchainLens monitoring, in the past 9 hours, BlackRock withdrew 2,267 BTC ($161.82 million) and 5,041 ETH ($11.02 million) from Coinbase. Over the past 3 consecutive days, they have withdrawn 8,435 BTC, worth $618.05 million.

According to official information, Coinbase has included Impossible Cloud Network (ICNT) in its listing roadmap.

According to Arkham data, at 07:11, 246.17 BTC (worth approximately $8.6853 million) was transferred from Coinbase to Wintermute. Subsequently, Wintermute transferred 99.91 BTC to Binance.

According to Arkham data, between 02:58 and 02:59, Coinbase Prime Custody transferred a total of 6421.71 ETH to two different anonymous addresses, with a total value of approximately 140 million USD:At 02:58, 3210.78 ETH (worth about 70.1 million USD) was transferred from Coinbase Prime Custody to an anonymous address (starting with 0x5F93a...)At 02:59, 3210.93 ETH (worth about 69.97 million USD) was transferred from Coinbase Prime Custody to an anonymous address (starting with 0x686f...)

According to Arkham data, at 02:47, 39.67 million ENA (worth approximately 4.32 million USD) was transferred from Coinbase Prime Custody to an anonymous address (starting with 0xfDD3...).

According to Arkham monitoring, Grayscale transferred a total of 6,157 ETH to a Coinbase Prime address, worth approximately 13.74 million dollars.

According to a report by Cointelegraph, a joint institutional survey released by Coinbase and EY-Parthenon shows that 74% of the surveyed institutional investors expect cryptocurrency prices to rise in the future, and 73% plan to increase their digital asset allocation by 2026. The survey was conducted in January this year and covered 351 institutional investors.In terms of investment methods, two-thirds of respondents indicated that exchange-traded products (ETPs) and other regulated instruments have become their preferred channels for gaining exposure to crypto assets. More than three-quarters of respondents listed the clarity of market structure regulation as the core issue that needs to be clarified the most at present.Regarding responses to market volatility, 49% of respondents stated that recent market fluctuations have prompted them to place greater emphasis on risk management, liquidity, and position control, rather than reducing their holdings.In terms of stablecoins and tokenized assets, 85% of respondents indicated that they have used or plan to use stablecoins for payments and financial management, and 83% believe that the passage of the GENIUS Act will enhance financial institutions' willingness to participate in stablecoins. Additionally, 63% of respondents expressed interest in tokenized assets, and 61% expect tokenization to have a significant impact on market structure.

According to Arkham data, at 21:49, 7359.99 ETH (worth approximately 16.48 million USD) was transferred from Coinbase Prime to an anonymous address (starting with 0xaF30...).

According to official news, Coinbase will launch spot trading for Katana (KAT) today. If liquidity conditions are met and the trading-supported regions comply with trading requirements, the KAT-USD trading pair will begin trading at or after 6 AM Pacific Time.

5 new addresses withdrew a total of 29,598 ETH from Coinbase 8 hours ago, worth approximately $68.94 million, with an average withdrawal price of $2,329.