Full-Time
Posted on 7/30/2026
Digital currency wallet and trading platform
₹4.4M/yr
Remote in India
Remote
Remote within India, with quarterly in-person working sessions.
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Coinbase operates a digital currency wallet and platform that lets people buy, sell, store, and transfer cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Its products include a user-friendly app and web interface for consumers and a platform for merchants, with services like custodial storage, trading, and on/off ramps to traditional currencies. The system works by securely holding users’ digital assets in custodial wallets, processing transactions, and providing trading and settlement features, as well as merchant tools for accepting crypto payments. Coinbase differentiates itself through a broad consumer and merchant footprint, strong emphasis on security and trust, regulated access, and a simple, accessible design that smooths the process of using digital currencies. Its goal is to help build an open financial system by making digital currencies easy to access, trustworthy, and usable for a wide audience.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2012
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Crypto exchanges Coinbase and Bitget make their esports debut at EWC 2026 as industry lines blur. Crypto's entry into esports sponsorships at EWC 2026 highlights the growing intersection of digital finance and competitive gaming industries. The post Crypto exchanges Coinbase and Bitget make their esports debut at EWC... Market signal Archive context. Fresh in the current trading session. A tracked entity is involved. Crypto's entry into esports sponsorships at EWC 2026 highlights the growing intersection of digital finance and competitive gaming industries. Why this matters Coinbase is showing up inside the NFT Market theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline. Original source Related market context. Research Jul 12, 2026 · 6h ago Crypto sponsorship in esports signals growing mainstream acceptance and regulatory adaptation, potentially boosting industry legit... Crypto Briefing Open The absence of crypto sponsors in esports highlights shifting industry dynamics and regulatory impacts, potentially reshaping futu... Crypto Briefing Open The integration of blockchain sponsorships in esports could drive innovation and new revenue streams, reshaping the industry's fin... Crypto Briefing Open Security Jul 12, 2026 · 14h ago The Singapore Police Force and major cryptocurrency exchanges identified more than 145 potential scam victims before funds were lo... Bitcoin News Open Research Jul 12, 2026 · 5h ago The surge in prediction markets highlights the growing intersection of esports and crypto, potentially reshaping fan engagement an... Crypto Briefing Open Security Jul 12, 2026 · 9h ago The collaboration highlights the growing effectiveness of crypto exchanges in scam prevention, but also signals a shift of fraud t... Crypto Briefing Open
Coinbase just put prediction markets inside the biggest esports event of the year and nobody asked if the games are fair. Coinbase is now a headline sponsor of the 2026 Mid-Season Invitational, the biggest League of Legends tournament of the year. The exchange has rolled out built-in prediction markets that let users trade on match outcomes directly through its platform. Polymarket, Kalshi, and Limitless.exchange are all running parallel markets. Crypto is no longer lurking on the edges of competitive gaming. It is embedded in it. And yet, not a single game outcome at MSI 2026 is provably fair. Tl;dr. * Coinbase has integrated prediction markets directly into MSI 2026, letting users bet on League of Legends match outcomes on-chain * Multiple platforms including Polymarket and Kalshi are running parallel esports prediction markets for the tournament * Despite crypto being deeply embedded in esports, no game outcome at MSI 2026 is verifiable or provably fair * The industry is using blockchain for the gambling layer while ignoring it for the fairness layer * On-chain gaming with Chainlink VRF already solves this by making every outcome verifiable before a single bet is placed Crypto found its way into esports. It brought gambling, not fairness. The numbers are staggering. The T1 vs Bilibili Gaming match peaked at 2 million concurrent viewers. Team Secret Whales pulled off one of the biggest upsets in MSI history by eliminating TOP Esports. Prediction market volumes surged with every bracket upset. Coinbase users could trade on outcomes in real time, converting esports fandom into financial positions with a few taps. This is a milestone for crypto adoption in mainstream entertainment. There is no question about that. But look at what crypto is actually doing here: it is facilitating bets on games it cannot verify. The League of Legends servers are run by Riot Games. The matchmaking, the damage calculations, the random elements like dragon spawns and critical strikes, all of it runs on Riot's proprietary server-side code. Nobody outside Riot can verify that the game logic is executing fairly. The prediction markets sit on top of this black box and say, "Trust us, the outcomes are real." Crypto was supposed to eliminate trust. Instead, it is building new gambling layers on top of the same old trust-based architecture. The irony is almost painful. Think about what blockchain actually does well. It makes outcomes transparent and verifiable. Chainlink VRF produces randomness that anyone can check on-chain. Smart contracts execute logic that nobody can tamper with. The entire point of building on-chain is that you do not have to trust anyone. Now think about what is happening at MSI 2026. Crypto platforms are taking bets on outcomes that are determined entirely off-chain, by a centralised company, using proprietary code that nobody can audit. The blockchain is being used as a settlement layer for wagers, not as a verification layer for fairness. It is like building a transparent vault and then filling it with IOUs from someone you have never met. Years of speculation about NFT ticketing, token-gated content, and on-chain tournament brackets never materialised at MSI 2026. The crypto engagement is happening entirely on third-party platforms, not within the game's own ecosystem. The technology that could actually make gaming fairer is being used exclusively to make betting easier. Prediction markets are not the same as provable fairness. There is a fundamental confusion in how crypto engages with gaming, and it needs to be called out. Prediction markets let you bet on outcomes. Provable fairness lets you verify outcomes. These are not the same thing, and treating them as interchangeable is actively harmful to the space. When Coinbase runs a prediction market on an MSI match, it is offering a financial product. The market itself might be transparent. The order book might be on-chain. But the underlying event, the game itself, is a closed system. If Riot's servers glitch, if there is a bug in the damage calculation, if something goes wrong in ways that are invisible to spectators, the prediction market just settles on whatever the official result says. Compare that to a game built on-chain with Chainlink VRF. Every random outcome is generated by a decentralised oracle network and posted to the blockchain. Every player can verify that the randomness was genuine and untampered. The game does not ask you to trust the operator. The operator cannot cheat even if they wanted to. That is not a theoretical distinction. That is the difference between a casino that shows you the dice and a casino that rolls them behind a curtain. The 4.7 billion dollar blind spot. Crypto esports betting hit 4.7 billion dollars in volume this year, with 73% year-on-year growth. Eighteen million Twitch micro-wagers happened in Q1 alone. The money is flowing. The infrastructure is scaling. And zero percent of it involves provable fairness for the underlying game outcomes. This is not just an oversight. It is a structural failure. The crypto industry has decided that the most important application of blockchain in gaming is to facilitate more efficient gambling on games that are still fundamentally opaque. The technology that could verify outcomes is being used exclusively to settle bets on unverified outcomes. Meanwhile, on-chain gaming platforms like Satoshie are building the other way around. Instead of adding a crypto betting layer on top of unfair games, the game itself runs on-chain. Chainlink VRF generates the randomness. Smart contracts enforce the rules. Every outcome is verifiable before anyone places a single wager. The fairness comes first. The betting, if it happens at all, sits on top of a foundation that is already transparent. What comes next. The MSI 2026 integration is proof that crypto has arrived in mainstream gaming. That part is real. But it arrived carrying gambling products, not fairness infrastructure. It arrived as a financial layer, not a verification layer. And until that changes, the industry is building on the wrong foundation. The technology to make game outcomes provably fair already exists. Chainlink VRF is deployed and working. On-chain gaming platforms are settling outcomes transparently right now. The question is not whether it can be done. The question is whether the industry cares enough to demand it. Because right now, crypto is sponsoring esports tournaments, running prediction markets on match outcomes, and processing billions in bets. And not one of those bets is on a game that can prove its own fairness. That is not adoption. That is a missed opportunity wearing a Coinbase jersey. * next postthe CLARITY act just missed its july 4 deadline and on-chain gaming was never waiting for permission.
Base L2 faces 48-hour consensus issue, halting deposits and withdrawals. Coinbase's Ethereum Layer 2 chain, Base, has been grappling with a consensus problem that halted deposits and withdrawals for nearly two days. The issue was first identified on June 25th at 17:21 UTC when Base announced that an invalid block had been sequenced due to a consensus failure. The team quickly isolated and debugged the problem, stating that a broader recovery was underway. However, as of June 26th at 10:36 UTC, the chain's mainnet block production was still marked as "unhealthy." While withdrawals were only partially degraded, deposits faced a "major outage," according to Base's status page. This marked the second day of disruption for the chain, which has grown significantly since its launch in H2 2023. Jesse Pollak, co-founder of Base, reassured users that all funds remained safe and that a full post-mortem was being prepared. He emphasized that halting the chain to fix the issue was not ideal, saying, "All funds are/were safe. But a halt is not okay, and we'll use this to continue to level up Base as a platform for global, 24/7 finance. Thank you for your patience." Pollak added that this incident would serve as a challenge to improve the platform's resilience. The disruption comes at a critical time for Base, which has been betting big on tokenization. Pollak has indicated that Base will support DeFi-like borrowing and lending for tokenized assets once they go live on the chain. This strategy is part of a broader industry trend, but a chain outage like this does not inspire confidence in such ambitious goals. Base's financials show a cumulative revenue of over $184 million and a total locked value (TVL) of $4 billion, according to DeFiLlama. Half of that TVL is tied up in the DeFi lending platform Morpho Blue. Whether the recent outage will dent investor confidence and trigger outflows remains uncertain. For now, the team is focused on resolving the issue and ensuring long-term stability. Total Views: 159 Degate is a passionate writer and crypto enthusiast, dedicated to bringing you the latest news and insights from the world of blockchain and digital currencies. With a keen eye on market trends and emerging technologies, Degate simplifies complex concepts, making crypto accessible for everyone. June 28, 2026
Coinbase: The Base network victim of a technical freeze in full deployment of its "Beryl" update. Posted onJune 26, 2026 Summarize this article with: Coinbase's Base network experienced a temporary technical outage as it prepared for a major new development. On Thursday, a faulty block disrupted the operation of the mainnet and halted the production of new blocks for about two hours. The incident occurred at the same time as the deployment of Beryl, an update planned by the technical team. Coinbase quickly identified the root cause of the problem and gradually restored network sequencing. In brief. * Coinbase's Base network suffered a technical outage of approximately 115 minutes after an invalid block disrupted the production of new blocks. * The issue was caused by a consensus incident related to block #47,806,542, which temporarily blocked the network sequencer. * The outage did not result in any loss of funds, as the blockage occurred before the blocks on Ethereum layer 1 were finalized. * The Beryl update was maintained despite the incident, with Coinbase confirming that it was not responsible for the malfunction. * Beryl introduces several technical improvements, including the B20 standard, faster withdrawals and developments related to Reth V2 for the Base network. Coinbase faces technical blockage on the Base network. The crypto exchange Coinbase reported an anomaly in the production of blocks on its Base network on June 25, 2026 from 4:03 p.m. UTC. Engineers noticed unusual behavior on the mainnet before initiating technical analysis. After several checks, the team identified a consensus issue caused by an invalid block. THE block number 47 806 542 prevented the sequencer from continuing normally creating new blocks. Incident timeline: * 16:03 UTC: block production becomes abnormal and technical investigation begins; * 16:52 UTC: Engineers identify block #47,806,542 as the source of the problem; * 17:21 UTC: The consensus problem is isolated and the first signs of recovery appear; * 17:51 UTC: Sequencing resumes and internal nodes begin synchronization; * 17:58 UTC: Block construction is working properly and the network is going into monitoring. In the OP Stack environment, Coinbase explains that this event corresponds to an "unsafe head stall". This phenomenon indicates that the sequencer temporarily stops the progress of blocks not yet published on layer 1 of Ethereum. This situation therefore concerns a phase preceding the finalization of the blocks. Users did not experience any loss of funds during this outage. The malfunction caused delays to several Base network operations. Deposits, withdrawals and some transactions encountered delays during the shutdown period. Coinbase later confirmed that internal nodes began to return to normal operation after the issue was identified. Beryl: the update is maintained despite the incident. The Beryl Update was to be activated the same day at 18:00 UTC, a few minutes after sequencing had fully resumed. Coinbase clarified that the network shutdown had no direct link to this update. The two events simply happened in a close period, which attracted the attention of observers. Beryl notably introduces B20, a token standard integrated directly into the node software. This development makes it possible to issue certain assets without using only smart contracts. It particularly targets projects related to stablecoins and real-world assets. With Beryl, Coinbase also makes improvements to withdrawal times and adds developments from Reth V2. Node operators must use base/node v1.1.1 or later to ensure compatibility. The majority of existing users and contracts do not require any particular intervention. This update represents an important technical milestone for the Base network. However, Coinbase has yet to finalize the full analysis of the incident in order to precisely understand the conditions that caused the invalid block. The team plans to publish a retrospective after its investigation is complete. Coinbase continues network monitoring after takeover. After approximately 115 minutes of interruption, Coinbase has restored sequencing operation and maintains enhanced monitoring of the Base network. However, node operators must restart their infrastructures in order to fully complete the synchronization. This step ensures a complete return to normal. The incident serves as a reminder that layer 2 networks can encounter technical difficulties related to their internal infrastructure. Coinbase states that this type of blockage may also appear on other similar networks or on the Optimism mainnet. These situations can arise from issues with nodes, load, or technical interactions with Ethereum. The technical teams are therefore continuing their analysis work to identify the root cause of the defective block. Coinbase recommends users to follow the information available through network monitoring tools. Future developments will depend on the conclusions of this investigation. The resumption of sequencing now allows the Base network to continue normal operations. Network stability and performance monitoring will remain the main points observed after this incident, as Beryl continues its deployment according to the planned schedule. This incident comes as Coinbase continues to expand its operations, with the ambition of making it a benchmark infrastructure for stablecoins, real-world assets and decentralized applications. 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Coinbase expands Luxembourg presence with new offices. Published on Thursday, 25 Jun 2026 08:46 by SM Rate this item: On Thursday 24 June 2026, Coinbase Luxembourg SA inaugurated its new offices at 58 Boulevard Grande-Duchesse Charlotte, located at the very start of Route d'Arlon and beside the Stäreplaz tram stop. They have moved from Luxembourg-Gare due to company growth, with a total of 27 staff now employed from the Luxembourg offices. On a sweltering evening, Jean-Baptiste Graftieaux, Coinbase's CEO, opened proceedings and addressed the 60+ group of invited guests. He thanked the Luxembourg Minister for Finance for his support, and Luxembourg for Finance, the Ministry for Finance, the CSSF (financial regulator) and ABBL (the banking union). He stated that this evening was not only about opening the office, but investing in headcount (staffing) and licences allowing cross-border operations; he added that the Luxembourg government wants to modernise and innovate, embracing crypto. Luxembourg's Minister for Finance, Gilles Roth, congratulated the teams involved on achieving the milestone and strengthening the offer of financial services offered from Luxembourg. He talked about the continued development of European operations and now a new headquarters in the Stäreplaz, a district which is under redevelopment; he also addressed the future of digital finance, based on trust which supports a move from innovation to mainstream. He talked up Luxembourg, explaining that it offers a serious platform for long-term growth. He recalled that the financial centre here was built over decades and has been strengthened along the way. Over 50 years ago, American banks chose Luxembourg as their base; now crypto and other digital finance companies are setting up here. He also mentioned the blockchain law established in 2019 and which has been enhanced three times since. He then admitted that recruiting talent is not easy in Luxembourg and referenced the new financial incentives to attract young professionals. Daniel Seifert, Coinbase VP, then addressed those attending briefly, thanking them for attending and talking a bit about where the company is now. The event continued with a cocktail reception and networking. Coinbase is a crypto-asset service provider and an electronic money institution (EMI). It operates a crypto trading app. Caption: Finance Minister, Gilles Roth, with Coinbase leadership Credit: Chronicle.lu