Morning edition · October 23, 2026
Coinbase Ireland hit with €3.25 million fine by central bank
The Central Bank of Ireland penalized Coinbase Ireland for safeguarding errors between 2020 and 2025, and Base active addresses jumped 50%.
- 1
Central Bank of Ireland Fines Coinbase €3.25M Over Safeguarding Deficiencies
The Central Bank of Ireland fined Coinbase Ireland Limited €3.25 million for safeguarding and outsourcing breaches between November 2020 and August 2025 [7]. The Irish regulator cited commingled funds and calculation errors, though the exchange confirmed opera
- 2
Base Active Addresses Jump 50% as Transactions and Fees Fall
Base active addresses jumped by 50% on Oct. 22 while total transactions and fees dropped, according to a recent report [1]. The 20% decline in dollar-denominated fees occurred amid an ongoing GMGN trading competition [1].
- 3
Bank of Russia Registers 17 Crypto Exchanges as State Banks Prepare Rollout
The Bank of Russia registered 17 crypto exchange providers and eight digital depositories under its digital currency framework [6]. VTB and Sberbank are targeting retail cryptocurrency rollouts with an annual trading cap of 300,000 roubles for non-qualified in
- 4
Bitcoin Hashrate Climbs 45% to 1,050 EH/s as Public Miners Expand Fleet
Bitcoin hashrate climbed roughly 45% from July lows to approximately 1,050 EH/s on Wednesday, according to CryptoQuant data [9]. The rebound comes as public miners like NIP Group acquire more capacity, even as shares of several publicly traded miners dropped a
Numbers
$BTC is at $81,605 (-0.5%), ETH is trading at $2,395 (-0.4%), total crypto market cap stands at $2.70T (-0.8%), and ETH gas is at 0 gwei.
Watch
The formal application by the Central Bank of Ireland to the High Court for confirmation of the Coinbase settlement sanction. · Subsequent transaction and fee metrics on Base once the GMGN trading competition concludes. · VTB's retail rollout via VTB My Investments in November 2026, followed by Sberbank's consumer product launch.
Full text
The Central Bank of Ireland penalized Coinbase Ireland for safeguarding errors between 2020 and 2025, and Base active addresses jumped 50%.
Central Bank of Ireland Fines Coinbase €3.25M Over Safeguarding Deficiencies: The Central Bank of Ireland fined Coinbase Ireland Limited €3.25 million for safeguarding and outsourcing breaches between November 2020 and August 2025 [7]. The Irish regulator cited commingled funds and calculation errors, though the exchange confirmed operations continue without interruption [7].
Base Active Addresses Jump 50% as Transactions and Fees Fall: Base active addresses jumped by 50% on Oct. 22 while total transactions and fees dropped, according to a recent report [1]. The 20% decline in dollar-denominated fees occurred amid an ongoing GMGN trading competition [1].
Bank of Russia Registers 17 Crypto Exchanges as State Banks Prepare Rollout: The Bank of Russia registered 17 crypto exchange providers and eight digital depositories under its digital currency framework [6]. VTB and Sberbank are targeting retail cryptocurrency rollouts with an annual trading cap of 300,000 roubles for non-qualified investors [6].
Bitcoin Hashrate Climbs 45% to 1,050 EH/s as Public Miners Expand Fleet: Bitcoin hashrate climbed roughly 45% from July lows to approximately 1,050 EH/s on Wednesday, according to CryptoQuant data [9]. The rebound comes as public miners like NIP Group acquire more capacity, even as shares of several publicly traded miners dropped about 12% amid inflation headwinds [9].
Numbers: $BTC is at $81,605 (-0.5%), ETH is trading at $2,395 (-0.4%), total crypto market cap stands at $2.70T (-0.8%), and ETH gas is at 0 gwei.
Watch:
- The formal application by the Central Bank of Ireland to the High Court for confirmation of the Coinbase settlement sanction.
- Subsequent transaction and fee metrics on Base once the GMGN trading competition concludes.
- VTB's retail rollout via VTB My Investments in November 2026, followed by Sberbank's consumer product launch.
Basis Desk Newsroom · AI-generated, source-verified. Built only from stories already verified and published on Basis Desk; market figures as of publication. Not financial advice.