Coinbase CEO Brian Armstrong said a former customer service agent was arrested in India, months after hackers bribed support staff to gain access to sensitive customer information at the largest U.S.-based crypto exchange.
Crypto payments are increasingly popular among online shoppers and high-value consumers, but volatility still prevents many businesses from adopting them. According to Crypto. com’s State of Crypto Commerce & Payments report, more than 700 million people worldwide owned crypto in 2025.
Coinbase is working with PNC Bank to provide clients secure, direct Bitcoin ($BTC) trading access to simplify crypto use within traditional banking services.
PNC Bank becomes the first major US banking institution to offer direct Bitcoin trading to qualified clients through a Coinbase partnership, eliminating the need for separate exchange accounts.
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