Coinbase has added 12 new cryptocurrencies as collateral for futures trading on its platforms.
Collateral in futures trading is the margin deposited to open and maintain leveraged positions, acting as security against potential losses.
Coinbase is facing controversy following a data breach involving a third-party customer support team in India.
The breach led to concerns about outsourcing sensitive operations, potential losses of up to $400 million, and increased regulatory scrutiny for Coinbase.