July 13, 2020 U.S. Secret Service awards contract to Coinbase for analytics software.

The U.S. Secret Service has awarded a contract to the blockchain services company, Coinbase. The agency awarded the contract, worth $183,750 in May with it due to run until May 2024. Brian Armstrong, CEO of Coinbase, has since commented that the software product, ‘Coinbase Analytics’, is helping the company to ‘build relationships with law enforcement’ and highlighted that the majority of public blockchains are transparent in the first place.