Coinbase
JPMorgan Chase and Coinbase are joining forces to let Chase customers link bank accounts with Coinbase wallets, buy crypto with credit cards, and convert credit card points to digital assets starting next year. This marks a significant step in blending traditional banking with cryptocurrencies.
PNC Bank teams up with Coinbase to allow customers to buy, hold, and sell cryptocurrencies directly within the bank's platform, marking a major step in mainstream financial adoption of digital assets. This partnership also comes amid favorable regulatory changes promoting crypto innovation.
On July 17, 2025, Congress plans to vote on major cryptocurrency bills, including the GENIUS Act for stablecoins and the CLARITY Act for token markets. Market optimism grows as Ethereum and other tokens rally. Meanwhile, the high-profile trial of Tornado Cash co-developer Roman Storm raises debates over privacy and regulation. Industry developments include Coin Metrics' acquisition by Talos and Coinbase's new Base app.
In July 2025, major crypto updates include Coinbase's acquisition of Liquifi to aid token launches, Circle's stock performance amidst flat USDC market cap, 49 countries piloting CBDCs, diverse crypto investor demographics, and growing momentum in crypto ETFs. These trends signal evolving regulation and adoption.
Coinbase revealed it was targeted by a significant cyberattack in May 2025, compromising some user account data but not login credentials. Potential losses may reach up to $400 million. Meanwhile, platforms like Bitlet.app continue providing secure and convenient ways to buy and pay for cryptocurrencies.
Barclays has banned crypto transactions on its credit cards, US regulatory shifts are impacting Do Kwon's legal situation, and Coinbase stock nears all-time highs. Discover how these developments shape the crypto landscape and how platforms like Bitlet.app can offer flexible crypto purchasing options.
Coinbase appoints David Plouffe to its global advisory council, aiming to enhance political influence as U.S. crypto regulations rapidly evolve. With ongoing legislative efforts on stablecoins and market reforms, Plouffe's expertise supports Coinbase's navigation in the changing landscape.
The U.S. Department of Justice has begun an investigation into the cyberattack on Coinbase, estimating potential losses up to $400 million. Although some customer data was compromised, login credentials remain secure.
Coinbase has become the first regulated platform to launch 24/7 Bitcoin and Ethereum futures trading in the U.S., which is likely to enhance market liquidity and draw institutional investors. Ethereum's recent upgrade has boosted its price significantly, while the U.S. Senate's decision on the GENIUS Act leaves stablecoins under regulatory uncertainty. The Ethereum Foundation's grant aims to support network scalability and developer engagement.
Coinbase, the largest U.S.-based cryptocurrency exchange, is in the spotlight after hackers stole customer personal data and demanded a $20 million ransom. CEO Brian Armstrong confirmed that some external agents were bribed to release customer information. Coinbase has chosen not to pay and is offering a bounty for information leading to the hackers' arrest. Following the breach, the exchange has committed to enhancing fraud prevention measures, yet shares have already taken a hit.