Coinbase Brings Wall Street Closer To UK Crypto Users Coinbase (@coinbase) has begun rolling out 24/5 trading for nearly 4,000 U.S. stocks to eligible UK users. The launch lets customers trade stocks alongside crypto and fiat from one app. Users can fund trades instantly with GBP or USDC and buy fractional shares from £1. According to Coinbase, survey data shows UK retail investors lag behind their U.S. counterparts in stock investing. The company argues broader access through its app could help close that gap, with shares custodied by Apex Clearing. The move builds on the company's recent savings accounts and crypto backed borrowing products already available to UK users.

Coinbase CEO says data centers are "Good for America" @Coinbase CEO @brian_armstrong shared the simple belief that "Data centers are good for America", despite controversy and anger surrounding plans for the construction of such sites. Planned development of such centers has caused anger amongst local populations for reasons such as strain on local electricity grids and water supplies, rising utility bills for residents, and lack of project transparency.

Coinbase Chief Policy Officer on CLARITY Act progress: "We've got ethics nailed down, we've got nominations nailed down, we've got a bipartisan bill on the substance, we should be good to go."

Coinkite has issued a security advisory for Coldcard Mk3 users. If you generated a seed on a Mk3 running firmware 4.0.1 (March 2021) or later, your funds may be at risk. The issue appears to be related to the device's random number generator during seed creation. Mk4, Q, and Mk5 are not affected. If you used a BIP-39 passphrase on top of your Mk3 seed, Coinkite says the risk is minimal. If you didn't, you should migrate your funds to a new seed generated on an unaffected device. Don't rush. Send a test transaction first, verify the new wallet, then move the rest. More details from Coinkite's investigation are coming. Full advisory:

COINKITE WARNS COLDCARD MK3 USERS OF POTENTIAL FUND RISK Coinkite is urging anyone who generated a seed on a COLDCARD Mk3 running firmware version 4.0.1 (released March 2021) or later to treat their funds as potentially at risk. The company says the vulnerability affects all Mk3 firmware through version 5.0.3, the final release for the device. Based on its initial analysis, Coinkite says Mk4, Q, and Mk5 devices are not affected. Users who protected their Mk3 wallet with a BIP-39 passphrase face minimal risk, according to the company. Coinkite recommends migrating funds to a newly generated seed on an unaffected device, or, if necessary, using a strong BIP-39 passphrase or a dice-only seed as an interim measure. The company says its investigation is ongoing and a full technical review will follow.

Coinbase posts record market share and a $359.5M loss in the same quarter @coinbase's crypto trading volume market share hit an all-time high of 10.3% in Q2, its third straight quarterly record, with subscription and services revenue reaching $555M, prediction markets doubling past $100M annualized, and average USDC held in Coinbase products at a record $20B. The GAAP picture is rougher: a $359.5M net loss marks the third consecutive losing quarter, and adjusted EBITDA of $207.8M is less than half of a year ago. Markets read the loss first: $COIN slid over 5% in early after-hours trading to around $154, giving back the day's gains ahead of the 5 PM ET earnings call.

Coinbase will add support for Grvt (GRVT). You can now generate a deposit address for GRVT on coinbase․com, the Coinbase app, and Coinbase Exchange in regions where trading is supported. Deposits of GRVT will not be available until the asset issuer unlocks transfers.