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Why Did Venezuela Block Citizens’ Access to Coinbase Crypto Exchange?
Venezuela has blocked access to Coinbase crypto exchange and MercaDolar fiat remittance platform, but why?
Coinbase Going Public Might Not Benefit Cryptocurrency Market After All
Coinbase has allegedly started moving towards a stock market listing that could reportedly occur as early as this year—but would that necessarily enhance exposure for mainstream investors to the crypto market?
Galaxy Digital Calls Coinbase Listing a ‘Netscape Moment for Crypto’ as Digital Assets Rise to New ATHs
Coinbase’s listing on Nasdaq has created quite a stir in the cryptocurrency industry and has served to push many cryptocurrencies to new all-time highs (ATHs).
OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud
Karl Sebastian Greenwood, co-founder of the OneCoin cryptocurrency scheme, has been sentenced to 20 years in prison for deceiving millions of investors worldwide, leading to losses exceeding $4 billion. The scheme, based in Sofia, Bulgaria, was marketed as a revolutionary cryptocurrency, but was later revealed to be a sham. Greenwood and co-founder Ruja Ignatova used the scheme to finance extravagant lifestyles.
Coinbase Will Not Bar Russian Users Unless New Laws Requires: CEO Brian Armstrong
Coinbase CEO says the exchange will not ban Russian users, citing the fact that many citizens are not supportive of the decision of their president to go to war against Ukraine.
Long-Term Bitcoin Holders Unfazed by Recent SEC Accusations Against Binance and Coinbase
Data provided by Glassnode reveals that the percentage of Bitcoin supply sent to trading platforms by long-term holders accounts for a mere 0.004% of the total. This figure underscores the significant inactivity of long-term Bitcoin holders amid intensifying market pressures, demonstrating an apparent indifference to the regulatory accusations faced by leading cryptocurrency exchanges, Binance and Coinbase.
Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum
Coinbase and Circle Centre Consortium have expanded USDC from Ethereum to Algorand’s blockchain as part of its multi-chain USDC framework.
5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”
About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.
ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support
In a surprising turn of events, renowned on-chain analyst ZachXBT has exceeded his initial fundraising target, amassing a staggering $1,055,233 in donations, according to Nansen data. This remarkable achievement has been made possible through contributions from various entities and influential figures within the crypto industry.
Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition
Coinbase is set to expand in the EU derivatives market by acquiring a MiFID II licensed entity in Cyprus, targeting regulated derivatives offerings like futures and options in 2024.
Coinbase Launches WaaS to Simplify Adoption of Web3 Wallets
Coinbase has introduced Wallet-as-a-Service (WaaS) to provide enterprises with a customizable on-chain wallet API for easier customer onboarding, loyalty programs, and in-game purchases. The WaaS infrastructure features multi-party computation (MPC) cryptography to improve private key security, user-friendly backup functionality, and control over product experiences while reducing implementation cost and complexity. The solution is being used by companies like Floor, Moonray, thirdweb, and tokenproof.
Coinbase Launches Crypto Transactions via WhatsApp, Telegram, and Other Messaging Platforms
Coinbase introduces a new feature in its Wallet app, allowing users to send crypto via WhatsApp, Telegram, and other platforms with no fees and instant settlement.
Coinbase NFT launches new creator hub
Coinbase NFT has launched a new "Creator Hub" that provides a slew of tools for NFT creators to launch and market a collection.
Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"
Twitter has never in its history experienced as big of a security breach and crypto hack scam as the one that happened earlier this week.
Coinbase CEO Calls Out US SEC For Using Intimidation Tactics
Coinbase CEO has faulted the SEC for resorting to intimidation rather than provide needed regulatory clarity.
Coinbase Quarterly Trading Volumes Jump 67% to $547B
U.S. cryptocurrency exchange Coinbase Global Inc said that it saw a surge in quarterly trading volumes with a jump of over 67% to $547 billion in the quarter ended December 31.
Coinbase Acquires FairX, Creating Room for Crypto Derivatives Market
Coinbase is launching a cryptocurrency derivatives service for its clients by announcing the acquisition of derivatives exchange FairX.
Coinbase Goes Down, Causing XRP Token Price to Flash Crash on the Crypto Exchange
Coinbase cryptocurrency exchange experienced technical difficulties that knocked down XRP token’s price on the platform by 30%.
Coinbase warns of losing crypto industry leadership
The U.S. SEC has issued a Wells notice to Coinbase. As a result, Coinbase warns that the U.S. government’s regulatory approach to crypto has created an uncertain and unstable environment. Meanwhile, other countries, such as France, the U.K., and the European Union, are building friendlier crypto regulation ecosystems and becoming crypto hubs, causing the U.S. to lose its status as the leading hub of the crypto sector.
Coinbase: Cryptocurrency Aids Americans in Maintaining Financial Stability
Exploring how cryptocurrency helps Americans secure their financial future.
Cryptocurrencies Fueling Trade-Based Money Laundering: Insights from Michael Firing of CITE
Michael Firing, Assistant Director at CITE, discusses how cryptocurrencies are being used in trade-based money laundering activities.
Fireblocks Integrates Coinbase International Exchange for Enhanced Trading
Fireblocks expands support to Coinbase International Exchange, offering new trading features for institutional and retail clients.
OneFootball and Animoca Brands Launch 'OneFootball Club' to Reward Global Fan Loyalty on Base
OneFootball partners with Animoca Brands to launch 'OneFootball Club' on Base, rewarding fan engagement with unique benefits.
Oracle Autonomous Database Now Available on Oracle Database@Azure
Oracle Autonomous Database is now generally available on Oracle Database@Azure, enhancing application innovation and development velocity.
Oracle Introduces In-Database LLMs and Automated Vector Store with HeatWave GenAI
Oracle's HeatWave GenAI now offers in-database LLMs and an automated vector store, enabling generative AI applications without AI expertise or additional costs.
Circle's Euro-Backed Stablecoin EURC to Launch on Base
Circle is set to introduce EURC, its euro-backed stablecoin, on the Base network, enhancing the ecosystem with faster and cheaper commerce solutions.
Digital Art Mile Shines at Art Basel 2024
Art Basel 2024 saw the Digital Art Mile highlight the evolving presence and acceptance of digital art, supported by Tezos and featuring various notable exhibitions.
Understanding Layer 3s (L3s): The Next Evolution in Blockchain Scaling
Layer 3s (L3s) represent a new frontier in blockchain technology, offering cost-effective, customizable solutions for developers to build on existing Layer 2 (L2) infrastructure.
BitMEX to Update Basket Indices Weights and Multipliers
BitMEX will update the weight and index multiplier of basket indices on July 26, 2024. The affected indices include .BMEMEMEXT.
Arkham Integrates with Coinbase Wallet for Enhanced Tracking
Arkham now supports Coinbase Wallet integration, enabling users to track their crypto holdings and transactions directly on the platform, according to Arkham Intelligence.
Gala Games Announces Sushi Boat Bash Competition for $GALA Rewards
Gala Games launches the Sushi Boat Bash competition in Common Ground World, offering players a chance to win $GALA. The event starts on August 13th.
Circle's Euro-Backed Stablecoin EURC Launches on Base
Circle's EURC stablecoin is now live on the Base mainnet, enabling developers and users to mint and redeem EURC. Supported by major partners like Coinbase and Uniswap.
Arkham Integrates Coinbase's Layer 2 Chain Base
Arkham Intelligence has added support for Base, the Layer 2 chain developed by Coinbase, enhancing onchain activity monitoring.
Manta Network Opens Applications for Season 2 of Ambassador Program
Manta Network announces the launch of Season 2 of its Ambassador Program, inviting content creators to promote the ecosystem and earn rewards.
Binance P2P Introduces Merchant Ambassador Program for Saudi Arabia
Binance P2P launches its Merchant Ambassador Program in Saudi Arabia, promoting diversity and inclusion within the trading community.
Yehuda Lindell's Transition from Academia to Cryptography Deployment at Coinbase
Explore Yehuda Lindell's journey from academic research to deploying advanced cryptography solutions at Coinbase, highlighting the challenges and mindset shifts involved.
Numbast Bridges CUDA C++ and Python Ecosystems
Numbast introduces an automated pipeline to convert CUDA C++ APIs into Numba bindings, enhancing Python developers' access to CUDA's performance.
Solana (SOL)'s Digital Artists Transform Art Basel Miami Beach
Solana (SOL)'s 'Artists in Residence' returns to Art Basel Miami Beach, showcasing digital artistry. Supported by The Render Network, the event highlights the convergence of technology and nature.
Warp 1.5.0 Introduces Tile-Based Programming for Enhanced GPU Efficiency
Warp 1.5.0 launches tile-based programming in Python, leveraging cuBLASDx and cuFFTDx for efficient GPU operations, significantly improving performance in scientific computing and simulation.
Revolutionizing Ethereum: Addressing Fragmentation with Intent-Based Solutions
Explore how intent-based applications can overcome fragmentation challenges in Ethereum, focusing on composability and a unified ecosystem through standards like ERC-7683 and low-latency networks.
Enhancing AI Workflow Security with WebAssembly Sandboxing
Explore how WebAssembly provides a secure environment for executing AI-generated code, mitigating risks and enhancing application security.
Ethereum's Future: The Rise of the 'Based' Movement
The 'based' movement is reshaping Ethereum, addressing fragmentation with innovations like based-sequencing. Discover its impact on the Ethereum ecosystem and the future of blockchain technology.
THORChain Launches Cross-Chain Swaps with Base Integration
THORChain has introduced support for Base chain, enabling cross-chain swaps with other supported networks. This integration expands THORChain's capabilities in the decentralized finance ecosystem.
Sui Basecamp 2025: Blockchain Event Set for Dubai
Sui Basecamp 2025 will be held in Dubai from May 1-2. Key industry figures and innovative projects will be showcased. Early bird tickets are available now.
Effective Strategies for GitHub Engineers to Master New Codebases
GitHub engineers share insights on mastering new codebases, offering practical strategies for both seasoned professionals and newcomers to enhance their onboarding process.
Riot Platforms Secures $100 Million Credit Line with Coinbase to Boost Bitcoin Mining
Riot Platforms partners with Coinbase for a $100 million credit facility to accelerate strategic initiatives in Bitcoin mining. The facility offers non-dilutive funding and is backed by Bitcoin holdings.
Riot Platforms Expands Credit Facility with Coinbase to $200 Million
Riot Platforms announces an expansion of its credit facility with Coinbase to $200 million, aiming to support strategic initiatives and corporate growth.
Robinhood and Coinbase Expand Crypto Offerings Amid Regulatory Challenges
Robinhood unveils a new blockchain and tokenized stock initiative, while Coinbase introduces perpetual futures, as regulatory hurdles loom.
Ethereum's Base L2 Dominates Revenue with Priority Fees and DEX Activity
Base, an Ethereum layer-2 solution by Coinbase, leads in revenue generation due to its unique fee model and decentralized exchange activity, surpassing other top rollups.
Digital Asset Giant CoinShares Buys Bastion Amid ETF Boom
European digital asset firm CoinShares has acquired London-based Bastion Asset Management, positioning itself in the active cryptocurrency ETF market, which is gaining traction among institutional investors.
Coinbase Seeks Federal Trust Charter, Denies Banking Plans
America's largest crypto exchange joins Circle, Ripple, and Paxos in race for federal oversight as stablecoin regulations reshape industry
Coinbase and Chainalysis Tackle Fentanyl Trafficking with Crypto Intelligence
Coinbase, in collaboration with Chainalysis, initiates a strategic operation to disrupt fentanyl trafficking through cryptocurrency, showcasing proactive risk management and law enforcement collaboration.
Alibaba Founder Jack Ma Criticizes Current Financial Regulations
Alibaba founder Jack Ma highlights the importance of fintech innovations over regulations.
Coinbase NFT Marketplace is Open to All
Coinbase NFT marketplace is still in beta version and its focus is on creating a social platform for community members of buyers and sellers who can test it and build a larger community.
Coinbase Invests $500M in Cash and Cash Equivalents and to Allocate 10% of Quarterly Net Income in Crypto
Cryptocurrency exchange Coinbase said it has committed $500 million in cash and cash equivalents and 10% of its quarterly net income which is worth $160 million will be invested in a portfolio of crypto assets.
DeFi Investing Platform Zerion Raises $8.2M in Series A Funding Led by Mosaic Ventures
San Francisco -based Decentralized finance (DeFi) investing app -Zerion announced to complete a Series A funding with a total value of $8.2 million Wednesday.
Coinbase Custody Leads in Digital Asset Safety Amid ETF Adoption Surge
As crypto ETFs gain SEC approval, Coinbase Custody emerges as the trusted custodian for digital assets, leveraging advanced security and regulatory compliance.
What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority
Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.
Despite Clear Divide Amongst Lawmakers, Crypto CEOs Request Clear Regulations
Top executives representing the biggest companies in the American digital currency ecosystem appeared before Congress to testify on the state of the crypto industry.
Coinbase Launches Crypto Card Connecting with Apple Pay & Google Pay
A select group of Coinbase customers can now utilize the firms crypto debit cards to make purchases while earning rebates.
Coinbase and Trustly Collaborate to Streamline Crypto Transactions for Canadians
Coinbase partners with Trustly for Open Banking in Canada, enabling direct bank-to-crypto wallet transactions. This follows Coinbase's recent Canadian market expansion and US crypto derivatives approval.
Shiba Inu ShibArmy Rallies Community Amidst 30% SHIB Price Drop and Shibaswap Delay
Shib Army acknowledges the current crypto market frustration and the bearish month of September, emphasizing the importance of crediting the Shibarium project and the #SHIBARMY community for their support and unity, encouraging positivity and resilience.
Coinbase Appoints Marc Andreessen in Management Reshuffle Ahead of Potential IPO
Coinbase has made a board reshuffle that sees the additions of Silicon Valley mogul Gokul Rajaram and ventures capitalist Marc Andreessen. The reshuffle comes amid rumor of a potential Coinbase IPO.
Coinbase ($COIN) Begins Trading on Nasdaq, Marking a Historic Moment for Crypto
Coinbase officially started trading its stock on the Nasdaq US Stock Exchange on Wednesday, April 14.
Coinbase Executives Visit UAE to Explore Potential for Crypto Operations
Coinbase executives, including CEO Brian Armstrong, visited the UAE to explore the potential of the region as a strategic hub for its international operations. The visit coincides with a partnership between Marathon Digital Holdings and Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.
Ethereum Co-founder Vitalik Buterin Engages in Spirited Debate on Wallet Security
In a recent Ask Me Anything (AMA) session on Twitter, Ethereum co-founder Vitalik Buterin fielded various questions from the cryptocurrency community. The session largely revolved around the pros and cons of MPC-based (EOA) wallets versus Smart Contract wallets, providing intriguing insight into Buterin's perspective.
Coinbase Report: New York Emerges as a Hub for Crypto Innovation and Adoption
Coinbase's report highlights New York's growing role in crypto, with 19% of residents owning crypto and a surge in blockchain initiatives. The state is seen as a hub for crypto innovation.
Voyager reportedly sells assets on Coinbase exchange
Lookonchain showed Voyager using 23 tokens worth over $100 million.
SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase
The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to the Chapter 11 restructuring plan of crypto lending platform Celsius Network. The objection, dated September 22, 2023, specifically targets the company's proposed arrangement with Coinbase for distribution services. The SEC is also currently engaged in a lawsuit against Coinbase, adding another layer of complexity to the situation.
1INCH Sets New All-Time High as Token Launches on Coinbase Pro
With the decentralized finance boom, many projects have emerged in the DeFi market. 1INCH stands out among them.
CryptoWallet.com Among Minority of Successful Companies to Renew Coveted Estonian License
Estonia-based crypto startup CryptoWallet.com has become one of the first crypto companies to receive a stamp of approval from Estonia’s Financial Intelligence Unit (FIU). CryptoWallet.com renewed its crypto license despite strict regulatory measures introduced last year to maintain compliance and transparency within the crypto space.
Celestia's Core Values: Bridging Off-chain Governance with User-centric Network
Mustafa Al-Bassam delineates five core values for Celestia's social layer aimed at enhancing trust-minimization and user-centric network functionalities. These values include the primacy of off-chain governance, user elevation, credible neutrality towards execution environments, economic sustainability, and minimizing overhead and state bloat. The discourse provides a profound insight into Celestia's commitment to fostering a user-driven, trust-minimized blockchain network.
California's Crypto Voters: A Pivot in the 2024 Elections
Coinbase's data indicates that California's 8.2 million crypto owners could significantly influence the 2024 elections, with a strong preference for candidates who support innovative and crypto-friendly policies.
Coinbase CLO Responds to SEC's Opposition
Coinbase's Chief Legal Officer, Paul Grewal, responded to the SEC's opposition to the company's motion to dismiss the case against it. Grewal criticized the SEC for making unsupported legal claims and emphasized that the assets listed on Coinbase are not securities. He also called for regulation that listens to the crypto community and mentioned that Coinbase will file its reply on October 24, 2023.
a16z Continues to Deposit Maker (MKR) to Coinbase
a16z deposits more MKR to Coinbase, now holding $6M in MKR. An unidentified whale also moved $4.85M MKR to Binance.
Coinbase Introduces PayID and Premium Services for Aussie Retail Customers
Coinbase offers three new services for Aussie clients. One of these features would allow customers to use PayID as a way to top up their accounts with Australian Dollar transfers.
Shiba Inu Upcoming Developments Revealed: Shibaswap 2.0, Shibahub, Bone, TREAT, Metaverse
SHIB Inu team member Lucie announced upcoming developments on Twitter, including bone contract renouncing, Shibaswap 2.0, $TREAT, Shibahub, and Metaverse. She emphasized the team's focus on technology and its evolution, avoiding price pumping and emphasizing community cohesion and positivity.
Cryptex Finance to Launch NFT Index Token JPEGz in Q4
Cryptex Finance is set to launch a new JPEGz token powered by Chainlink and Coinbase Cloud.
Ark Invest continues to buy Coinbase shares
Ark Invest has invested roughly $30 million on Coinbase stock in 2023 while selling Grayscale Bitcoin Trust.
Will Bitcoin Ever Get Widespread Adoption in the iGaming Industry?
Bitcoin is now over a decade old, although it has only been known and talked about among the general public for the last few years. During the Bitcoin boom of late 2017, we saw endless reports of the ever-growing value of the token and much speculation of how it would continue to rise to tremendously as time goes on.
Over $37Bn worth of Crypto Sent to NFT-related Smart Contracts in First 4 Months: Chainalysis
The volume of Non-Fungible Tokens (NFTs) transactions turned to stabilise in 2022 after explosive growth in 2021, according to the latest report from Chainalysis.
Coinbase to Taper Down its Hiring Plans amidst Unfavorable Market
Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc, is tapering down its plans to hire more staff this year as current market realities do not permit it.
Silvergate Bank Unaffected by Crypto Market Fall: Growth QTD Report
Silvergate Bank, a division of Silvergate Capital Corp, which provides financial services to entities in the digital currency ecosystem, has come off as one of the most impressive crypto-linked stocks in the Quarter-to-Date (QTD) period.
Is Ripple XRP Gaining Ground on Bitcoin in 2020?
Ripple’s XRP has been trending lately, and its one-year price gains this year have topped that of Bitcoin.
15,000 Bitcoins Transferred to Exchange Wallets Caught in Action: What Does This Mean for the Market?
According to the tweet shared by Whale Alert, in the last 24 hours, there have been transactions of 15,000 Bitcoins worth $99,702,423 from unknown wallets to different exchange wallets like Binance, OKEx, Coinbase, and Phoenix.
Coinbase Discontinues Plans to Launch Cryptocurrency Lending Product Following SEC’s Warning
Ongoing regulatory pressure has pushed Coinbase to scrap plans for a cryptocurrency lending product.
Coinbase CEO Warns Exiting President Trump May Drop Crypto Wallet Regulation Bomb
Coinbase CEO Brian Armstrong shared rumors that the Trump Administration may rush crypto wallet regulations on traders with privacy-invading data-collection requirements.
Coinbase and Binance.US Will Support Flare Network's Spark Token Airdrop, Ripple's XRP Price Could Dip
Crypto exchanges Coinbase and Binance US have lent support for the Flare Network's Spark Token airdrop sending XRP price slightly higher.
Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets
Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.
Coinbase Reportedly to Acquire Mercado Bitcoin Owner 2TM
America’s largest trading platform, Coinbase Global Inc, is reportedly on track to acquire 2TM- the Brazilian startup that owns the Mercado Bitcoin cryptocurrency exchange.
Chamber of Digital Commerce argues the SEC is overstepping its authority
The Chamber of Digital Commerce submitted an amicus brief asking the SEC to drop its case against former Coinbase employee Ishan Wahi for insider trading, alleging that the agency is trying to classify secondary market transactions as securities.
Coinbase Faces $5M Penalty from New Jersey Securities Bureau and SEC Charges, Stock Tumbles 20%
The New Jersey Bureau of Securities has issued a Summary Cease and Desist Order against leading cryptocurrency exchange Coinbase, Inc. for allegedly offering unregistered securities tied to its cryptocurrency staking services. The Bureau has further levied a hefty penalty of $5 million against Coinbase.
Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients
Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.
Coinbase has "Hidden Value" in Venture Investments, Says Oppenheimer Analyst
Oppenheimer analyst Owen Lau believes the company’s shares are grossly undervalued and gave COIN a $377 price target.
Top Crypto Firms That Laid Off Staff Recently
The crypto industry has witnessed a massive downturn, losing about $2 trillion in value since hitting a peak in November.
French Giant Bank BNP Paribas to Launch Crypto Custody Business
BNP Paribas has partnered with Metaco to enter the cryptocurrency custody business. The bank will focus on providing institutional-grade custody for digital assets.
ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.
Coinbase Gains FCM Approval for Regulated Crypto Derivatives Access
Coinbase Financial Markets secures FCM approval, paving the way for regulated crypto derivatives in the US, enhancing trading options but with oversight.
US Crypto Lender Celsius to Stop Paying Interests to Unaccredited Investors
In line with regulatory demands, American crypto lender, Celsius has shared details of a restructuring to its Earn product which will now be limited to only Accredited investors.
Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility
As Bitcoin breaks $21,000, it may be easy for new investors to want to join the crypto bandwagon before evaluating risks associated with this asset class.
Precedent Trial of SBF Engrosses Coinbase Executives as FTX Faces Judicial Scrutiny
The criminal trial against Sam Bankman-Fried (SBF) of FTX, slated to commence on October 4, 2023, under Judge Kaplan, has garnered attention from Coinbase executives, Brian Armstrong and Paul Grewal. Through Twitter, Grewal shared his extensive federal court experience and expectations for the jury selection process, sparking a broader discussion on legal procedures in high-profile crypto cases. The trial, amidst FTX's ongoing legal challenges, highlights the crypto industry's intricate regulatory landscape.
NBA Partners with Sorare for NFT-Based Basketball Fantasy Game
To enhance the fan experience and render more interaction, the National Basketball Association (NBA) has partnered with the web3 fantasy game platform Sorare.
Coinbase CEO Proposes Web3 Version of LinkedIn
Coinbase CEO Brian Armstrong has received over 150 applications for its inaugural Coinbase Ventures Summit in October. He introduced the Web3 version of LinkedIn, a decentralized platform, and suggested companies issue NFTs for employment verification. The summit aims to foster crypto innovation.
Coinbase Going Public via Direct Listing on Nasdaq to be Expected as SEC Publishes Registration Statement
Coinbase cryptocurrency exchange is officially going to be listed on NASDAQ as a publicly-traded company.
SlowMist Reports Surge in Diverse Crypto Security Incidents for the Week of September 17-23, 2023
SlowMist, a cybersecurity firm specializing in blockchain, released its weekly security report for the week of September 17-23, 2023. The report highlights a total of seven security incidents with an estimated loss of around $380,600. The week saw a significant rise in phishing attacks and rug pull tactics, as well as the emergence of diverse attack methods like DNS hijacking and contract vulnerabilities.
Coinbase's Intention to Sell Blockchain Analytics Software to US Government Watchdogs Created Backlash from Crypto Community
Leading American cryptocurrency exchange, Coinbase plans to sell its blockchain analytics software called "Coinbase Analytics" to the US Drug Enforcement Administration (DEA) and the Internal Revenue Service (IRS). This decision is not sinking in well with the crypto community because the software will offer identity attribution for domestic and international cryptocurrency addresses to the US government agencies.
US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown
The IRS may soon start clamping down on crypto users particularly those affiliated with Coinbase exchange who do not properly report their crypto holdings.
Coinbase Officially Enters Canadian Market with Interac Integration and One Trial
Coinbase enters Canada, integrating Interac for seamless transfers and introducing a 30-day trial of Coinbase One with zero trading fees for Canadians.
Coinbase Amplifies Anti-Terrorism Financing Measures Through Blockchain Analytics
Coinbase, on October 17, 2023, outlined its robust measures to curb terrorism financing and other illicit activities through a rigorous compliance framework and blockchain analytics. The discourse emphasizes the importance of regulatory clarity in the U.S to minimize offshore risks associated with digital assets. With a dedicated team and technological tools, Coinbase demonstrates a proactive approach in maintaining the integrity of the crypto ecosystem.
Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter
Brian Armstrong, Coinbase CEO, believes that blockchain will help the crypto space to reach 5 billion users.
Bitget U30 Hackathon Recognizes Budding AI and Blockchain Innovators
Bitget’s Under 30 Virtual Hackathon, a part of its Blockchain4Youth initiative, concluded on October 16, 2023, showcasing exemplary AI and blockchain innovations. With over 1,000 participating teams, winners were recognized across various categories, each receiving $10,000. The hackathon highlighted promising young talents, aligning with Bitget's aim of promoting blockchain and cryptocurrency adoption among the youth.
Coinbase Considers Support for 18 New Cryptos Including VeChain, Prompting Higher Prices
Coinbase is considering adding a new range of digital assets, including VeChain, Aragon, Bancor, Siacoin, Origin Protocol, and Ren to its potential listings.
Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs
Brian Armstrong the Coinbase CEO, has joined the list of cryptocurrency executives who prefer to leverage their own blogs and platforms to distribute information to the media, as opposed to direct contact with any journalists.
Coinbase to Integrate Bitcoin's Lightning Network: A Deep Dive
Coinbase plans to integrate the Lightning Network (LN) as a secondary payment layer to enhance Bitcoin's transaction efficiency and cost-effectiveness. LN addresses scalability issues by enabling off-chain transactions, reducing fees and processing times, and promoting Bitcoin's mainstream acceptance.
Coinbase Plans to Transition into the AWS of Digital Currencies
Coinbase’s Chief Product Officer Surojit Chatterjee announced the company’s plans to transition into the Amazon Web Services (AWS) of the digital currency ecosystem.
Coinbase Adds Support for Ledger Hardware Wallets
Coinbase Global Inc, the biggest exchange in the United States has confirmed that its Wallet browser extension now has support for the Ledger Hardware Wallets.
Twitter Massive Hack Attack Traced Back to Crypto Wallet Using BitPay and Coinbase
In the massive Bitcoin scheme that happened earlier this week, reputed coin exchanges such as Binance, Gemini, and Coinbase were targeted by crypto scammers, and officials have been hard at work investigating the digital trail that may lead back to the crypto scammers.
Coinbase and Brian Armstrong Named as Defendants in a Securities Lawsuit
Coinbase Global Inc, Coinbase Inc, and Brian Armstrong have been named defendants in a class-action lawsuit. Three leading exchanges are accused of without sharing the required risks involved in trading as many as 79 different tokens.
Coinbase CFO Alesia Haas to Speak at Barclays Global Financial Services Conference
Alesia Haas, chief financial officer of Coinbase Global, will participate in a fireside discussion at the Barclays Global Financial Services Conference on September 12, 2023. The event will cover Coinbase's financial performance, strategic goals, and insights on the cryptocurrency industry, highlighting its significant influence in the cryptoeconomy.
Coinbase Backs Lawsuit against US Treasury over Tornado Cash Sanctions
A group of crypto users are challenging the US Treasury Department's sanctions of Tornado Cash in court. Coinbase is backing the legal action.
Coinbase Sued For Failing to Grant Wallet Access During Volatility
The lawsuit against Coinbase was filed by George Kattula on behalf of the aggrieved users of the exchange who claimed the firm did not grant them access to their crypto wallets during periods of price volatility.
Coinbase to Suspend Coinbase Pro Platform By Year-End, Developing New Advance Trading Interface
American cryptocurrency trading platform, Coinbase Global Inc has unveiled plans to close down its Coinbase Pro platform by the end of the year. A new trading platform is expected to launch to substitute.
Coinbase's NFT Platform to Allow Purchase With Credit & Debit Cards
Following its new partnership with Mastercard, Coinbase Global Inc will start allowing users to buy NFTs with credit cards and debit cards.
Sorare Inks Partnership With MLB to Float Fantasy Baseball Game with NFT
Sorare has partnered with Major League Baseball to create a fantasy baseball game featuring Non-Fungible Tokens (NFT).
Can Coinbase Run with the Crypto Bulls? Network Congestion Delays Bitcoin Withdrawals
Coinbase has again experienced technical difficulties during heavy crypto trading, this time announcing delays in BTC withdrawals. Can the exchange keep up with the bull run?
Binance to Bolster Crypto Utility With New Cashback Feature
Binance Exchange, the world’s largest digital currency trading platform by volume has unveiled its new crypto cashback program for all Binance Card holders
Coinbase Becomes the First Crypto Firm to Be Awarded Visa Principal Membership
Coinbase has just announced to have been approved as Visa principal member. The partnership will make it easier for consumers to spend their cryptocurrencies around the world leveraging Visa's global network.
Dogecoin Surges by 12.63% as Token Launches on Coinbase Pro
Coinbase, the top US cryptocurrency exchange, announced today that Dogecoin would be `available for trading on Coinbase Pro accounts.
Bitget Seeks 3x Workforce Expansion Amid Ongoing Layoffs
The emerging derivatives exchange platform, Bitget has announced plans to power its ongoing ecosystem growth by adding about 500 more new employees.
Messari Founder Ryan Selkis Launches Advocacy Group in Response to Recent SEC Actions
Following the U.S. Securities and Exchange Commission's (SEC) charges against popular cryptocurrency exchanges Binance and Coinbase, Messari founder Ryan Selkis has launched a new advocacy group named @DFA2024.
Coinbase in Talks to Buy Turkish Crypto Exchange BtcTurk
Coinbase is reportedly in talks to acquire Turkey’s BtcTurk cryptocurrency exchange. The deal could be worth up to around $3.2 billion.
Facebook Taps Coinbase to Offer Custody Services for Novi Digital Wallet Rollout
Facebook is launching Novi digital wallet. The social giant has hired Coinbase to serve as a custody partner.
Coinbase Suspends Trading for Status (SNT) with Immediate Withdrawal Access
Coinbase has announced the suspension of trading for Status (SNT) while ensuring users have unfettered access to their funds for withdrawal.
Coinbase Suspends Trading on 41 Non-USD Pairs
Coinbase Exchange suspended 41 non-USD trading pairs on September 13, 2023, to improve market health and consolidate liquidity. Users on Coinbase Exchange, Advanced Trade, and Coinbase Prime can continue trades using USDC balances and USDC unification. The suspension has minimal impact on trading volume.
Coinbase: Moving America Forward or Moving out of US?
In an effort to promote the importance of cryptocurrency and its potential to revolutionize the global financial system, Coinbase, the leading crypto exchange, launched a national campaign, "Crypto: Moving America Forward."
NBA Superstar's Thirty Five Ventures Signs Deal With Coinbase
Thirty Five Ventures, co-founded by NBA superstar Kevin Durant and sports manager Rich Kleiman, announced a new multi-year business partnership with cryptocurrency platform Coinbase Global.
Outage Hits Coinbase Exchange, US Bank Accounts Clients Affected
Coinbase platform faced outages on Sunday due to glitch issues causing inconvenience to its customers. Restoration efforts are still underway for more than five hours.
Bitcoin Is Better Than Gold: Crypto Exchange Coinbase
On May 1, 2020, the world's leading cryptocurrency exchange Coinbase published an article on its blog claiming that Bitcoin is superior to gold. The crypt exchange had earlier published a similar article where they supported Bitcoin over Gold due to its ease to audit, anonymity, low transaction fee, and ease to be fragmented into smaller fractions.
Coinbase Stock Volatility Similar to Bitcoin, Ark Invest Purchases $246M Worth of $COIN
As Coinbase opened trading on the Nasdaq, the volatility has seen in the share price trend mimics that of Bitcoin and the broader cryptospace
Coinbase CEO Brian Armstrong To Sell 2% Stake to Fund Science and Tech Development
Science and technology play a crucial role in responding to the most important issues facing the world today. This is why Coinbase CEO is funding the initiative.
PayPal Joins Coinbase TRUST Network to Comply with Travel Rule
Coinbase has welcomed PayPal for joining TRUST, a global coalition that offers top-tier privacy and security safeguards to clients across jurisdictions while complying with the Travel Rule.
Binance's Market Dominance Challenged as OKX and Upbit Gain Ground
The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.
Coinbase Facing SEC Probe over Crypto Listing: Sources
Coinbase is reportedly facing a probe from the US SEC into whether it improperly let Americans trade digital assets that should have been registered as securities.
Coinbase Allows Employees to Get Four Charge Weeks Holidays for Restoring Energy
Major U.S. cryptocurrency exchange Coinbase said it will give its employees four charging weeks (roughly one per quarter) in 2022 to allow employees to store power.
Optimism (OP) Prepares for Canyon Hardfork Across Superchain Testnets on November 14
OP Labs Team announces Canyon hardfork for Superchain testnets, November 14, incorporating Shanghai and Capella updates, bug fixes, and EIP-1559 changes. Node operators must upgrade systems.
The Biggest Cryptocurrency Exchanges In 2021
It can be extremely scary to invest in cryptocurrencies especially for a new time investor due to the constant news they hear about scams.
Coinbase Up 69%, MicroStrategy Up 74% From Lows
Since its Jan 6 lows, Coinbase's share price has climbed 69%. MicroStrategy and Block Inc. also gained. Bitfarms and Marathon Digital Holdings shares rose 140% and 120%. After selling at a 45% discount on Dec 28, it is presently at 36%. Some analysts attribute this to January 12's good U.S. inflation data.
Coinbase Commerce Accepts Dogecoin as Payment Method
Coinbase’s e-commerce platform officially announced that it accepts Dogecoin as a payment method Wednesday. Yet, it excludes in the scope of The S&P Cryptocurrency Broad Digital Market (BDM) Index.
John Deaton Files Amicus Brief in Support of Coinbase's Appeal Against SEC
John Deaton, a Republican lawyer and Senate candidate, has submitted an amicus brief supporting Coinbase's appeal against the SEC, arguing that labeling token transactions as securities is impractical.
Coinbase Partners with Chainlink Labs to Launch NFT Floor Price Service
Blockchain infrastructure protocol Coinbase Cloud and decentralized oracle network Chainlink Labs work together by launching an NFT floor price feed service.
Coinbase Requires Regional Users to Provide Recipient Details for Crypto Transfers
Coinbase will require regional users to provide recipients' names and addresses whenever they transfer funds to other firms or exchanges, effective in April.
Coinbase Will Likely Delist XRP Token as SEC Files Lawsuit Against Ripple
Coinbase has filed for an IPO and awaits the US SEC's review, the SEC is suing Ripple alleging XRP is security - Will Coinbase delist XRP before the battle even begins?
Coinbase to Host Crypto Community Event in India to Support Entrepreneurs
As contained in a Blog post shared by Coinbase Global Inc, it will be hosting a crypto community event in Bangalore to discuss the future of crypto and web3 in the country.
WeWork Will Begin Accepting Crypto Payments amid Partnership with Coinbase
WeWork figures among the companies that have welcomed cryptocurrency payments with open arms. Partnering up with Coinbase and BitPay, WeWork will begin offering cryptocurrency payments as an option.
Coinbase Lists DeFi Tokens AAVE, BNT, and SNX as Warning of US Crypto Wallet Regulation Looms
2020 has been all about the DeFi boom. Many crypto exchanges have welcomed the DeFi craze with open arms, notably Coinbase, with the addition of new coins.
Vitalik Buterin Proposes Zero-Knowledge Ethereum Virtual Machines on Ethereum Layer 1
Vitalik Buterin suggests implementing zero-knowledge Ethereum Virtual Machines (zk-EVMs) on the Ethereum base layer to accelerate the verification process on the blockchain without compromising decentralization and security. The technology enables smart contract execution on the blockchain with ZK proofs. It would be the third type of Ethereum client, along with the consensus and execution clients. By integrating zk-EVMs at the Ethereum layer 1, Ethereum would remain decentralized and new clients could be developed, further decentralizing Ethereum at the base layer.
Crypto.com Lands in Italy by Acquiring Operating License
Singapore-based cryptocurrency exchange Crypto.com has landed registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy.
Coinbase Finally Sets Up Crypto Trading Services in India
The establishment of a local foothold follows Coinbase’s acquisition of the Indian-based AI-powered support platform Agara.
Coinbase Reveals Firm Received Around 2000 Subpoenas From Authorities Over Customer's Data
Cryptocurrency exchange Coinbase has revealed in its newly released transparency report that it got served a sum total of 1,914 government requests.
Coinbase Establishes Open Source Cryptography: Kryptology
American cryptocurrency exchange Coinbase announced the launch of Kryptology, an encryption library that focuses on building complex encryption technologies.
Significant Shiba Inu Token $SHIB Moved from Coinbase to Dormant Account
A dormant account received 841B $SHIB ($8.8M) from Coinbase after 2 years of inactivity. This move coincided with a notable surge in $SHIB's price, sparking intrigue in the crypto community.
Blockchain-based Games Rallied Up 2,000% in One Year, DappRadar’s Latest Report Shows
Despite setbacks, blockchain games are dominating in the DApp industry. Sutdy from DappRadar shows blockchain-based games has risen by 2,000% since Q1 of 2021.
Coinbase Acquires Crypto Wallet Firm BRD
US-based crypto exchange Coinbase announced the acquisition of crypto wallet startup BRD, aiming to create more secure and reliable access to the encrypted decentralized world for users.
Breaking: Coinbase, a16z, and Ledger Back New Texas Alliance Advocating for Clear Digital Asset Regulations
The Crypto Freedom Alliance of Texas, backed by industry leaders like a16z crypto, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm, is launching a campaign to establish transparent and consistent digital asset regulations in Texas. The alliance aims to provide insights and guidance to regulators and industry stakeholders, fostering innovation and protecting consumers. The alliance is expected to grow and play a more influential role in the Texas legislative process.
Paradigm Bags Record-breaking $2.5b for Largest Crypto Venture Fund
Crypto investment firm Paradigm One smashed a previous record of $2.2 billion with $2.5 billion for the largest cryptocurrency venture fund ever.
Coinbase Exchange Leaps as Fortune 500 Company
Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc has been, added to this year’s list of Fortune 500 companies, making it break the record as the first fully crypto native firm that made the list.
Coinbase CEO: Americans are Investing Their COVID Stimulus Checks in Bitcoin
Brian Armstrong, the CEO of US-based crypto exchange Coinbase, has revealed data showing how $1,200 deposits similar to the stimulus checks being offered to Americans by the government has skyrocketed this week. Coinbase is the leading crypto exchange in the American soil.
Coinbase CEO Criticizes Singapore's Aim to Become a Web3 Hub at Expense of Crypto Trading
Armstrong seems to say that Singapore can’t become a Web3 hub while doing away with cryptocurrency.
Coinbase Counters Senator Warren's Allegations
Coinbase denies Sen. Warren's allegations of using ex-government officials to resist digital asset regulations, highlighting its commitment to responsible crypto regulation.
TRON Credited with Powering Record USDT Growth
With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.
Revenue for United States-based Coinbase Exchange Beats Expectations for 4th quarter
Coinbase exceeded Wall Street profit projections in Q4 2022 despite a drop in exchange transaction volumes.
E-commerce Shopify's Founder to Join Board of Coinbase
Tobias “Tobi” Lütke, founder and CEO of e-commerce company Shopify Inc., will join the board of directors of Coinbase, the largest cryptocurrency exchange in the United States.
ARK Invest Buys Record Amount of Coinbase Stock, Despite Market Volatility
Despite recent market volatility, Cathie Wood’s investment manager ARK Invest has made a record purchase of Coinbase stock, along with significant investments in Robinhood. The move confirms ARK’s bullish sentiment towards the cryptocurrency industry and Bitcoin.
Coinbase One Unveils New Features Including Zero Trading Fees and Increased Staking Rewards
Coinbase, a leading cryptocurrency exchange, has announced significant updates to its premium membership service, Coinbase One.
Coinbase Supports Apple Pay to Purchase Cryptos and to Integrate with Google Pay
Coinbase now provides customers with more payment methods for transactions by allowing users to use Apple Pay to purchase cryptocurrency assets on its trading platform.
About 6,000 Users Falls Trap as Victims under Phishing Attack: Coinbase
The Nasdaq-listed trading platform, Coinbase, says about 6,000 of its users were suffering as victims of a phishing attack that saw user's balances cleared.
Cathie Wood-led ARK Invest Purchases Another $54M Shares in Square
The Ark investment has placed a strong bet on the US version of the online payment provider Square, which bought another total of about 226,000 shares of the Square (SQ) at a cost of about $54 million.
Coinbase’s Direct Listing Reference Price Set at $250 per Share by Nasdaq
The Nasdaq Stock Market has set a reference price of $250 per share for the direct listing of Coinbase Global Inc., the largest US crypto exchange that will go public on April 14.
Exclusive: Why are Independent Third Party Crypto Custodians so Important?
Alexandre Kech, CEO of Onchain Custodian shares with us the importance of independent third party custodian solutions. He identified three grey areas for assets under custody by the exchange and how Onchain Custodian identifies the custodial needs for crypto players and traditional financial giants!
Deutsche Boerse to Delist Coinbase Shares Citing "Missing Reference Data"
Coinbase shares will be delisted on Deutsche Boerse'trading platforms after "missing reference data" was uncovered.
Coinbase Confirms No Risk Exposure to Bankrupt Crypto Firms
Nasdaq-listed cryptocurrency exchange Coinbase said in an announcement Wednesday that it had no risk-free exposure to bankrupt crypto firms including Celsius, Three Arrows Capital, and Voyager Digital.
Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card
Coinbase Card and Google Pay have partnered to increase the liquidity of cryptos and provide a new form of convenient payment options to clients. Coinbase customers now can use their cards via easy mainstream mobile payments.
Coinbase Completes Tender Offer for 3.625% Senior Notes Due 2031
Coinbase Global, Inc. has concluded its cash tender offer for its 3.625% Senior Notes due 2031, aiming to purchase up to $180.0 million. The offer expired on September 18, 2023. Coinbase plans to finalize payments by September 20, 2023. The total tendered amount is $262,543,000, with holders receiving $675.00 per $1,000 principal amount. Citigroup Global Markets Inc. acted as the Dealer Manager.
Trust Wallet connects Binance Pay and Coinbase Pay
Trust Wallet launched its browser extension, now available in Chrome and Opera browsers. The extension lets users store, send and receive crypto across all EVM chains and Solana networks. Binance CEO Changpeng Zhao publicly endorsed Trust Wallet, stating "self-custody is a fundamental human right".
Coinbase Blocked 25,000 Wallet Addresses of Russian Individuals or Entities Linked to Illegal Activities
Cryptocurrency exchange Coinbase Global Inc. said it has blocked 25,000 wallet addresses of Russian individuals or entities linked to illegal activities.
SEC Chair on FTX Collapse: Investors Need Better Protection
SEC Chair Gary Gensler says investors need more protection in the wake of FTX collapse
Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone
Coinbase's role in the newly approved Bitcoin spot ETFs by the SEC marks a crucial advancement in cryptocurrency's integration into mainstream finance, bringing regulatory clarity and institutional investment opportunities.
Coinbase Exchange's NFT Marketplace Goes Live in Beta
Nasdaq-listed cryptocurrency trading platform, Coinbase Global Inc, has announced the launch of the Beta version of its NFT marketplace, months after it unveiled plans to launch the service.
Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System
Chief Legal Officer Paul Grewal unveils Coinbase's ERC-20 Scam Token Detection System, combining smart contract auditing with machine learning to tackle crypto scams. Disclosed on October 6, 2023, this initiative enhances security and trust in token listings on the platform.
Base Layer-2 Protocol Shatters DEX Trading Volume Record with $1.21B Surge
Base, a prominent layer-2 Ethereum scaling solution, set a new trading volume milestone of $1.21 billion on decentralized exchanges, spearheaded by activity on Uniswap.
Base Unveils Its Decentralized Superchain Vision Powered by OP Stack
Base, an Ethereum Layer 2 solution, aims to decentralize and align with the Superchain vision by transitioning from Stage 0 to Stage 2 L2, bolstering OP Stack's scalability, reliability, and decentralization. It plans to allocate sequencing revenue to the Optimism Collective.
The Issuance of a $1.5B Junk Bond by Coinbase Indicates Investors are Eager to Join Crypto
Coinbase's sale of a junk bond with a total value of $1.5 billion shows that cryptocurrencies have gradually become mainstream.
Coinbase Sued for XRP Token Sales, List of Complaints against the Cryptocurrency Exchange Grows
In a surprising twist of events, US-based crypto exchange Coinbase is also being sued for the sale of XRP tokens.
Bitcoin Venture Capital Firm Ribbit Capital Files $350 Million Blank Check IPO with SEC
Ribbit Capital, an early Bitcoin VC firm, has filed for a $350 million initial public offering with the SEC leveraging its “blank check” structure.
Coinbase Reportedly Planning to Go Public This Year—Paving the Way for the Next Phase of Crypto Adoption
According to sources, Coinbase has started planning for a stock market listing this year, which would make it the first major US cryptocurrency exchange to go public.
Coinbase CEO Defends Decision to License Analytics Platform to US Secret Service
CEO of Coinbase Brian Armstrong sold his blockchain analytics software to US Secret Service, and addressed any worries investors might have concerning privacy issues.
Coca-Cola Leverages Enterprise Ethereum Blockchain to Optimize Supply Chain
Coke One North America (CONA), partner of Coca Cola’s largest US-based bottling company has announced it will use the enterprise Ethereum blockchain platform the Baseline Protocol—to enhance transparency and minimize friction in its supply chain transactions.
Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
Ten lawyers from five law firms filed a move to dismiss an SEC insider trading lawsuit against two brothers, calling the regulator "wrong" and lacking government authorisation.
Coinbase CEO Brian Armstrong hints at Lightning integration
Coinbase CEO Brian Armstrong has hinted that the cryptocurrency exchange may integrate Lightning, a layer 2 scaling solution for Bitcoin. Armstrong did not provide any further details on the potential integration, which would make Coinbase one of the largest trading platforms to adopt the technology.
Coinbase Uses Multi-Party Computation to Enhance Crypto Wallet Security and User Experience
Coinbase is making strides towards simplifying the onboarding process for web3, bolstering both security and recovery for crypto wallets. The company is deploying a cryptographic technique called Multi-Party Computation (MPC) to eliminate key management hurdles that have long been a barrier to mainstream web3 adoption.
Coinbase Poaches Facebook’s Former Head of Product to be New CMO
Coinbase has hired Facebook’s former head of brand and product marketing, Kate Rouch, as its new chief marketing officer.
Bybit Becomes the Latest Exchange to Retrench its Staff
Bybit has joined the latest round of layoff action in a bid to reposition its businesses amid the ongoing crypto market slump. The spokesperson of the exchange said affected colleagues will be accorded a severance package.
Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash
Is Bitcoin still a safe haven? The Crypto Community takes the debate to Twitter after the biggest stock market crash since 2009.
NanoLabs sues Coinbase over Nano trademark infringement
NanoLabs, the company behind digital currency Nano, has filed a legal complaint against Coinbase in the California Northern District Court for alleged trademark infringement. The complaint states that Coinbase's Nano Bitcoin futures contract and Nano Ether futures contract products infringe on NanoLabs' trademark rights, causing economic damage and harm to its brand identity. NanoLabs is seeking at least $5 million in damages, an injunction against Coinbase, and forfeiture of all profits made using Nano trademarks.
Coinbase Study Reveals Global Law Enforcement Inquiries Skyrocket
Law enforcement has increased information demands to Coinbase. Crypto exchange queries are up 66%. US and three European nations submitted 80% of requests. Spain was one of six nations with more than doubled inquiries.
PNC Bank Plans to Cooperate with Coinbase to Launch Crypto Products
According to Coinbase's letter to shareholders on Tuesday, PNC Bank, the fifth-largest bank in the United States, is planning to cooperate with Coinbase to launch cryptographic service products.
Democrats may lose youth votes over anti-crypto sentiments, warns Winklevoss
Gemini co-founder Cameron Winklevoss has warned that the Democratic Party risks losing crucial support from younger voters due to what he perceives as an aggressive stance on cryptocurrencies by notable figures within the party.
Former Coinbase Executive Joins Magic Eden as Head of Product
Former Coinbase executive, Linus Chung, joins Magic Eden as Head of Product. Chung will lead product development, enhance user experience, and drive growth.
Coinbase Secures Registered VASP from Dutch Central Bank
Nasdaq-listed digital currency trading giant Coinbase Global Inc has announced its official registration as a Virtual Asset Service Provider (VASP) with the Dutch Central Bank (De Nederlandsche Bank — DNB).
Coinbase Adds Direct Paycheck Deposit Feature into Crypto Accounts
Coinbase is launching a new feature on its platform that aims to bring one step closer to being de-factor bank accounts for its crypto users.
Coinbase reassures customers on staking services amid SEC crackdown
Despite the SEC's crackdown on staking services provided by centralized providers, Coinbase has informed its customers that its staking services will continue and may even increase. Coinbase has updated its staking terms and conditions, stating that users earn rewards from decentralized protocols, not from the exchange itself. The SEC has expressed concerns over users losing control of their tokens when using staking programs. Coinbase has argued that its staking services are fundamentally different from competing exchanges like Kraken.
NFT Co-Founder Faces Lawsuit Over Crypto Wallet Dispute
Rebase co-founder Edmond Truong is being sued by Krzysztof Gagacki, who claims to be a co-founder of the nonfungible token (NFT) project. Gagacki alleges that Truong misappropriated $2 million into a separate wallet owned and controlled by him without his consent, ousting Gagacki from the firm and causing damage to his reputation.
Nigerian Police Arrest Politician Wilfred Bonse for Involvement in Patricia Technologies Financial Fraud
Nigeria Police Force arrests politician Wilfred Bonse for over 200 million Naira financial fraud at Patricia Technologies, three for romance scam, and USDT recovery in cryptocurrency fraud.
Bored Ape Yacht Club Enters the Movie Scene, Pairing with Coinbase
Seen as the face of the non-fungible token (NFT) market, the Bored Ape Yacht Club (BAYC) has entered the silver screen based on a series of animated short films called “The Degen Trilogy.”
Coinbase Extends Services to Institutional Users
Coinbase Global Inc said the exchange it is offering prime brokerage services for institutional customers, Bloomberg reported Tuesday.
Thailand’s Bank of Ayudhya Unveils Blockchain-Based Platform for Cross-Border Funds Transfers
Smart contracts and blockchain play more of a key role in the economic and social growth of modern society. For example, Thailand’s Bank of Ayudhya demonstrates how the use of blockchain technology leverages cross-border funds transfers.
Twitter CEO Jack Dorsey Says Coinbase CEO's Apolitical Stance "Leaves People Behind"
Following the move by Coinbase to offer severance packages to staff who disagree with the ‘apolitical’ stance of the firm, Twitter’s CEO Jack Dorsey has slammed the move.
Coinbase NFT Partner Ox Labs Pulls $70m in Series B Funding Round
0x Labs, the blockchain startup that is in partnership with Nasdaq-listed Coinbase Exchange, has raised $70 million in a Series B funding round with Greylocks Partners at an undisclosed valuation.
ARK Invest Sells Portion of Coinbase Shares
Investment firm ARK Invest has sold a portion of its Coinbase shares in 2023, accounting for 23% of its March acquisitions and 9% of all shares bought this year. The remaining 1.6 million shares are valued at over $132 million. Coinbase stock has risen to multi-month highs alongside Bitcoin, which hit nine-month highs above $28,000 on March 22.
BlackRock to Boost Crypto Access Points through Partnership with Coinbase
BlackRock, the globe’s largest asset manager, has teamed up with crypto exchange Coinbase to provide institutional investors with new crypto access points.
Coinbase Wallet Rolls Out Support for NFTs
Nasdaq-listed digital currency trading platform Coinbase Global Inc has expanded the support for its self-custody wallet to include NFTs.
Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak
CEO Brian Armstrong has announced that approximately 18% of all of Coinbase Global Inc’s workforce will be laid off as the cryptocurrency trading platform strategizes to navigate the now evident crypto winter.
Coinbase Finally Files IPO with SEC—Is Brian Armstrong a Capitalist or Cypherpunk?
The Coinbase Initial Public Offering (IPO) has finally been filed and now awaits the review and approval of the Securities and Exchange Commission (SEC).
Coinbase's Legal Chief Fires on SEC's Crypto Regulation Approach
On July 8, Paul Grewal, the chief legal officer of Coinbase, tweeted a number of times about his displeasure with the Securities and Exchange Commission's (SEC) approach to cryptocurrency regulation.
Coinbase Lands in Japan, Pairing with Mitsubishi UFJ Financial Group to Expand Crypto Trading
US cryptocurrency exchange Coinbase announced partnered with Japan's largest bank Mitsubishi UFJ Financial Group (MUFG), to expand cryptocurrency trading in Japan.
Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts
US cryptocurrency exchange Coinbase has been awarded a new patent from the US Patent and Trademark Office for an automated system to flag and remove non-compliant user accounts.
Ex-Coinbase Ventures Lead to Join Core Team at Synapse
Following successful stints at crypto firms Coinbase and Dharma, Max Bronstein has joined DeFi-focused company Synapse.
Crypto, Tax, and the IRS: The Good, The Bad, and The Downright Ugly
The IRS wants a piece of your crypto, and the agency is sending letters to thousands of taxpayers who may have failed to declare profits from crypto deals. Question is, is the IRS entitled to what it's asking for?
Binance Exchange Stacks Bitcoin as Prices Fall Below $20,000
Binance cryptocurrency exchange, unlike any other may be taking advantage of the current market crash to top its Bitcoin (BTC) bag
Coinbase Adds Near Protocol to Roadmap with NEAR Token Skyrockets
NEAR Protocol's native token, NEAR, surged after cryptocurrency exchange Coinbase added it to Coinbase's listing roadmap.
Kraken Exchange Opens Waiting List for its NFT Platform
American digital currency trading platform Kraken has announced the waitlist for its NFT marketplace or platform.
NYC Mayor to Receive 1st Paycheck in Crypto Converted via Coinbase
New York City's new mayor Eric Adams said that his first paycheck will be converted into Bitcoin and Ethereum via Coinbase Global.
Coinbase Crashed Amid Bitcoin Price Surge
On April 30, 2020, Coinbase, one of the biggest crypto exchanges in the world, crashed during the Bitcoin price outbreak where it skyrocketed from $7,700 to $9,200 within a matter of 24 hours.
EY, Microsoft and ConsenSys Create a Platform For Enterprises on Ethereum Mainnet
Global accounting firm EY have launched their open-source Baseline protocol which aims to address privacy issues to encourage enterprise adoption of public Ethereum.
$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets
Over 50,000 Bitcoin, valued at $1 billion, were transferred from multiple wallets linked to US law enforcement seizures. Approximately 9,861 BTC was sent to Coinbase, while the rest were internal transfers. The BTC was seized from the Silk Road marketplace, one of the first darknet markets to accept Bitcoin payments.
ARK Invest Buys Coinbase Shares Despite Wells Notice
Investment management firm ARK Invest, led by Cathie Wood, has resumed buying shares of Coinbase, purchasing 268,928 shares worth $17.88 million through its ARKK Innovation and ARKW Next Generation Internet exchange-traded funds on March 23. This came just a day after Coinbase's stock price fell by 21% due to news of the company receiving a Wells notice from the Securities and Exchange Commission (SEC).
Radiant Capital Suffers $4.5M Flash Loan Attack
Radiant Capital was hit by a $4.5M flash loan attack due to a known codebase rounding issue, leading to a temporary pause in their Arbitrum market operations.
Coinbase to Revoke Job Offers Extended to Newly Employed Staff
Coinbase Global Inc, the largest trading platform in the United States is going all tough on its no-hiring plans which was announced by Emilie Choi, the firm’s President and COO about 2 weeks ago
Coinbase-backed Crypto Financial Startup Amber Group Raises $1B Investment Round
Coinbase-backed cryptocurrency financial services company Amber Group raise worth up $1 billion in funds, aiming at provides investors with many different cryptocurrency products for investment.
Celsius Unloads Over $125M in Ethereum, Stirs Crypto Market Speculation
Celsius Network's transfer of over $125M in Ethereum to exchanges amid bankruptcy stirs speculation in the crypto market.
Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service
Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.
Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients
With its operations based in Dublin, Ireland, Coinbase Custody launched its institutional-grade crypto asset storage service to clients in Europe. The cryptocurrency exchange launched Coinbase Custody in 2017 for institutional clients such as hedge funds and family offices. Its assets under management have over $7 billion in cryptocurrency assets, with its acquisition of Xapo’s institutional custody business in August 2019.
Ethereum ERC-4337 Account Abstraction Grant Round Recipients Announced
The Ethereum Foundation has awarded grants to 18 teams in its ERC-4337 Account Abstraction grant round, supporting projects focused on ERC-4337. Notable recipients include ZeroDev Kernel, Skandha Bundler, and MynaWallet, which integrates with the Japanese Government-Issued ID Card. These grants promote modularization, diverse blockchain applications, and enhance the Ethereum network's capabilities.
Coinbase Launches 1st Crypto Derivatives Product, Focusing on Retail Brokers
Coinbase Derivatives Exchange (formerly FairX) is launching its first crypto derivatives product Nano Bitcoin futures (BIT) on June 27.
Uniswap Monthly Volume Surpasses Coinbase Under the Influence of the DeFi Craze
Under the influence of the decentralized finance (DeFi) craze, decentralized exchange Uniswap has processed $15.3 billion in monthly volume in September.
Coinbase Plans Expansion into Europe amid Market Downturn
Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc has announced its plans to expand its operations in the European Union and the United Kingdom despite the ongoing market downturn.
Aurora-Based Liquidity Protocol Bastion Raises $9m in Series A
Bastion has announced a $9 million Series A funding which was led by the hedge fund manager, Three Arrow Capital.
Fireblocks Integrates Astar Network, Boosting Secure DeFi Access for Institutions
Fireblocks has now incorporated Astar Network. With the new integration, over 650 banks and financial institutions can now tap into Astar's thriving DeFi ecosystem, as well as trade, swap, and lend digital assets on Astar via Fireblocks.
US Supreme Court Steps In On Coinbase Customer Contract Dispute
The US Supreme Court is set to decide on a contract dispute between Coinbase and its customers, potentially impacting user agreement drafting and enforcement in the digital currency trading sector.
Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions
Coinbase is suing the U.S. Treasury for listing Tornado Cash on the SDN List, arguing it violates digital privacy and regulatory authority in the cryptocurrency sector.
Coinbase Ordered by BaFin to Ensure Proper Business Reorganization
German market regulator has instructed Coinbase to ensure its proper business reorganization
Coinbase to Expand European Operations by Acquiring Italian License
Nasdaq-listed cryptocurrency exchange Coinbase Global Inc has announced it has tapped a new license from the Italian market regulator, the Organismo Agenti e Mediatori (OAM).
Coinbase Bolsters Advisory Board with Security Experts
Coinbase has enlisted four national security experts to its Global Advisory Council, including former U.S. Secretary of Defense Mark Esper, former U.S. Representative Stephanie Murphy, Counterterrorism Advisor Frances Townsend, and strategist David Urban.
Coinbase Q3 Financial Data Lower Than Expected, Stock Falls
Coinbase's Q3 financial data revealed that the total net income and the earnings per share owned by shareholders were lower than what analysts had expected.
Coinbase Reports $1.8 Billion Total Revenue for Q1 2021 and Outperforms Its 2020 Figures
Coinbase released its Q1 report showing an estimated revenue of $1.8 billion and 6.1 million monthly transacting users.
Jul 10 Trading Analysis: When bitcoin sneezes, the crypto world catches a cold
With escalating covid19 cases in some US states (esp Florida, Texas, California and etc - it's very hard to ignore that when the cases keep rising), Oil now back to below $40, lack of any macro news tonight and some technical exhaustion signs on equity indices, I think US stocks will trade weak tonight; and I think there is a likelihood that S&P will likely close near the BIG 3k level.
German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading
Bitcoin the world’s largest cryptocurrency is making another notable milestone in crypto history as it will be the first crypto asset listed as an exchange traded product (ETP). The company announced the exchange-traded product, popularly known as the Bitcoin exchange-traded crypto (BTCE) - is Bitcoin-backed security that would be listed and traded on Deutsche Borse’s Xetra market-based in Germany. ETP is a financial instrument whose value is based on the underlying security (such as currencies, bonds, and stocks) and is traded on stock exchanges.
Burger King Brazil Accepts Dogecoin as a Payment Method for Purchasing a Dog Snack "Dogpper"
The Brazilian branches of Burger King, an American premium fast food service company, officially announced yesterday that it will accept Dogecoin as a payment method for the purchase of a dog snack called "Dogpper".
Kraken Fights IRS Over Customer Information
Kraken is contesting the United States Internal Revenue Service's demand for critical exchange user information, citing it as an "unjustified treasure hunt." Kraken has requested federal court intervention, pointing out that the IRS has gone "far beyond" its intrusive summons. The fight against IRS is Kraken's response to the agency's February summons, which demanded additional user information to identify Kraken accounts that did at least $20,000 of cryptocurrency trading in any single year between 2016 and 2020.
Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.
Coinbase to Release Q4 Results, Crypto Winter Expected to Cause amid Ukraine- Russia War
Coinbase, the largest cryptocurrency exchange in the United States, announced that it will release its fourth-quarter earnings report on February 24, 2022, EST. Wall Street analysts expect a brief winter in the cryptocurrency market due to the Crisis in Russia and Ukraine.
DEX Platform Velodrome Accuses Coder Gabagool of Stealing $350K
Decentralized Exchange (DEX) Velodrome has come out to make an accusation against one of its in-house developers, Gabagool, for stealing the sum of $350,000 from the platform.
Coinbase Advanced Collaborates with Coinrule to Introduce AI-Driven Automated Trading
Coinbase Advanced partners with Coinrule, offering AI-automated trading tools to over 1M retail traders. Coinrule's recent AI-driven Marketplace enhances trading strategies, catering to all experience levels.
Tiger King's Carole Baskins Calls Bitcoin "the Future" in BTC Birthday Video
Bitcoin whitepaper turns twelve tomorrow, nine celebrities including the Tiger King documentary’s infamous antagonist Carole Baskins have wished BTC many happy returns.
Aussie Baseball Team Perth Heat to Start Paying Players and Staff in Bitcoin
Australian baseball team Perth Heat is incorporating Bitcoin into its business practices and is making preparations to offer salaries in the cryptocurrency.
BTI Report Reveals Kraken and Coinbase as the Cleanest Crypto Exchanges
The September issue of the Blockchain Transparency Institute’s market surveillance report, verifying that the cryptocurrency exchange volumes of Kraken and Coinbase are the cleanest in the industry.
Huge Worries As Some Coinbase Customers Express Dissatisfaction Over $10 Maximum Daily Limit
According to ongoing reports and speculation from some quarters in the cryptocurrency world, as regard allegations being brought against Coinbase, the United States San Francesco based cryptocurrency giant exchange and wallet service of restricting some clients to a maximum withdrawal of $10 per day.
Coinbase's Legal Challenge Against SEC's Decision
Coinbase challenges the SEC in court over its decision to deny a rulemaking petition, marking a critical juncture in U.S. cryptocurrency regulation.
Chainalysis Employs Coinbase Commerce to Facilitate Crypto Payments, Broadening Support for DeFi Sector
Chainalysis has announced the integration of Coinbase Commerce into its payment systems. This new feature enables users to settle invoices with a diverse selection of digital assets, including a variety of DeFi tokens.
Actinver, BNP Paribas, Citibank, And JPMorgan Go Live on CLS Blockchain Platform
Four banks (JPMorgan, Citibank, BNP Paribas, and Actinver) go live on CLS blockchain bilateral payments netting platform.
Coinbase Sees a Significant Uptick in Institutional Demand in Cryptocurrencies in H1 2020
Coinbase recently said that there was a significant uptick in institutional demand in cryptocurrencies in H1 2020. The world’s first and largest digital asset, Bitcoin continued to grow in HQ, and the cryptocurrency appreciated 27.3 percent in the first half of the year.
Coinbase Secures Major Payment Institution License from Singapore's Monetary Authority
Coinbase has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant milestone in its expansion into the Asian market. The license will enable Coinbase to offer digital payment token services to both individual and institutional clients in Singapore. This move aligns with the company's strategy to tap into Singapore's growing crypto and Web3 ecosystem.
Crypto Going Public in 2021—Three Crypto Giants Set to Take On Wall Street
As Bitcoin and cryptocurrency continue to rise as an investible asset class, three giants of crypto have announced plans to go public in 2021 and take Wall Street by storm.
Jelurida and Aumenta Solutions Develop Blockchain-based Maintenance System for Ports
Blockchain solutions provider Jelurida has partnered with AR firm Aumenta Solutions to create a blockchain-based maintenance system for ports, aimed at increasing the traceability of maintenance operations. The system combines blockchain certification and AR, allowing workers to access real-time digital information. Jelurida and Aumenta Solutions are targeting the global port infrastructure market with the technology.
Coinbase Cloud Adds Solana Archive Node
Blockchain infrastructure protocol Coinbase Cloud launches Solana Archive Node to help developers build better products and services on Solana.
Bybit Enters Brazil After Govt Approval for Crypto
Dubai-based cryptocurrency trading platform, Bybit has announced its full-scale expansion into Latin America through Brazil.
What Can We Learn From Coinbase CEO Brian Armstrong's Coronavirus Outbreak Contingency Plan for Employees?
US health officials from the Centers for Disease Control and Prevention stated that the coronavirus “is not recognized to be spreading in US communities.”
Coinbase executive discovers ChatGPT jailbreak
Coinbase executive Conor Grogan claims to have found a “jailbreak” for AI tool ChatGPT, allowing it to calculate the probability of strange crypto price scenarios. ChatGPT gave a 15% chance that Bitcoin will fall to irrelevancy by 2035, and a 20% chance of the same for Ether.
Machine Learning Network Fetch.ai Shares Vision of Interoperable Blockchains
Fetch.ai has a vision: to bring machine learning services to every ledger and blockchain.
Gemini Joins the Bandwagon, Lays Off 10% of Workforce
Gemini, the cryptocurrency exchange founded by twin brothers Tyler and Cameron Winklevoss has shed off as many as 10% of its entire workers
Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps
Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.
Coinbase Pro Will List Uniswap Token UNI Instead of Sushi Token
Major United States crypto exchange Coinbase will list the Uniswap token UNI which was launched earlier today but snubs Sushi token.
Coinbase Rises ahead of Second-quarter Earnings Report
Shares of cryptocurrency exchange Coinbase have been rising recently this week, although they are still down nearly 70% from the beginning of 2022.
Coinbase Applies to the National Futures Association for Trading Crypto Futures
Digital currency exchange Coinbase is working hard to become a qualified cryptocurrency derivatives commission merchant.
Native USDC Integration on Base Blockchain
Circle plans to launch native USDC on Base blockchain, replacing bridged USDbC liquidity. The token will be fully reserved and redeemable for US dollars, enhancing scalability, transaction speeds, and reduced gas fees.
Breaking: Swift, Chainlink, and Major Banks Achieve Multi-Blockchain Token Transfer
Swift, a global financial messaging service, has conducted experiments to facilitate the transfer of tokenized assets across multiple blockchains. The collaboration with major banks, including ANZ, BNP Paribas, and BNY Mellon, aims to solve interoperability challenges that hinder the growth of tokenized asset markets. Swift's existing infrastructure could serve as a single point of entry for financial institutions, reducing operational challenges and costs.
Senator Lummis: Voting on Infrastructure Bill Amendments Will Be a Win for the Digital Asset Community
With all forms of Amendment on the Infrastructure Bill under threat, Sen Lummis has explained why the crypto industry will win should an amendment be voted on.
Coinbase Still Holds 1.4m Bitcoin for Institutional Investors, Representing a Rise of 296% from Q4 2020
Despite the ups and downs experienced in the Bitcoin market since the fourth quarter of 2020, crypto exchange Coinbase continues to hold 1.4M BTC for institutional customers.
Coinbase vs SEC: Legal Battle Heats Up
The US Court of Appeals has ordered the SEC to respond to Coinbase’s writ of mandamus within 10 days. The largest US cryptocurrency exchange filed a lawsuit in April requesting regulatory clarity, but has faced increased enforcement and warnings from the SEC, leading to a downgraded rating by Citigroup.
U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions
The U.S. is reportedly urging major crypto exchanges to make sure no Russian individuals or institutions escape from the sanctions by using cryptocurrencies.
Australia's Crypto Processing Firm Banxa to Lay off One-Third of its Staff
Australian cryptocurrency payments processing firm Banxa Holdings has disclosed its plans to retrench almost a third of its staff, making the headlines as one of the platforms to explore this route in its cost-cutting mission.
Blockchain Association Singapore and Statutory Board JTC Signs MOU Deal
Blockchain Association Singapore and statutory board JTC have signed a Memorandum of Understanding to co-develop and nurture a virtual blockchain ecosystem.
Coinbase IPO May Push BTC Price to $70,000, Just like Tesla Pushed BTC to $60,000
Bloomberg strategist Mike McGlone says Coinbase IPO can stir a Bitcoin bull run to $70,000, similar to how Tesla prompted BTC to reach $60,000.
Coinbase Falls Short in the S&P Global Ratings as Crypto Winter Stiffens
Financial analytics firm S&P Global Ratings has disclosed that Coinbase has been ranked lower for the reduction in its overall earnings in Q2 this year
Coinbase Layer 2 Network
Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."
Cathie Wood’s ARK Invest Purchased Coinbase Stock on Its First Day of Trading
Ark Investment management LLC, led by widely popular portfolio manager Cathie Wood, purchased $246 million worth of Coinbase stock on April 14, the first day when the US crypto exchange was listed on Nasdaq stock market.
Ledger and Coinbase Partnership Elevates Crypto Wallet Security
Coinbase and Ledger have collaborated to enhance crypto security and user experience by integrating Coinbase Pay into Ledger Live. This partnership allows users to buy and transfer crypto with unparalleled ease and security, directly from desktop or mobile devices.
Coinbase Secures an E-Money License From the Central Bank of Ireland
The US-based cryptocurrency exchange, Coinbase, has just been granted an e-money license in Ireland by the Central Bank of Ireland as it continues its expansion into Europe.
UK's Bank Regulator to Propose Rules for Digital Asset Issuance
The Prudential Regulatory Authority (PRA) in the United Kingdom is set to propose rules for issuing and holding digital assets, according to Vicky Saporta, executive director of the Prudential Policy Directorate at the Bank of England. The rules will be developed in compliance with the Basel III rules and the Financial Services and Markets (FSM) bill currently being considered by Parliament.
Ex-Coinbase Staff Sued in Insider Trading Case
32-year-old Ishan Wahi, the former Product Manager at Coinbase Global Inc, has been charged in a district court in Washington for orchestrating an insider trading fraud.
Coinbase Ventures Invests in Decentralized Ethereum Staking Pool Rocket Pool
Coinbase Ventures has invested in Rocket Pool, acquiring RPL tokens to support the decentralized Ethereum staking pool. The move aligns with efforts to scale Ethereum's infrastructure.
Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology
The Financial Action Task Force (FATF) Travel Rule has been in the center of attention lately, which concerns crypto transactions above a certain amount must be accompanied by identifying information.The rule is an update to the existing FATF Recommendation 16, regarding cross-border and domestic wire transfers, and is intended to address the anti-money laundering (AML) and counter-terrorist financing (CFT) challenges as crypto adoption increases. The FATF Travel Rule could mean implications for virtual asset service providers (VASPs), including cryptocurrency exchanges, wallet providers, and custodians.
Coinbase Takes a Step Further into the Japanese Crypto Market
Coinbase has been licensed in Japan since 2019, and has registered as second-class members of the Japan Virtual Currency Exchange Association (JVCEA), a self-regulatory organization for the crypto industry in Japan.
Coinbase Sued over $350M in Damages Due to Patent Infringement
The digital currency exchange platform Coinbase Global Inc. has been sued by Veritaseum Capital LLC over patent infringement in Delaware federal court
Coinbase Announces Cash Tender Offer for $150 Million of 3.625% Senior Notes Due 2031
Coinbase has commenced a cash tender offer for up to $150M of its 3.625% Senior Notes due 2031, expiring on September 1, 2023.
Coinbase Will Go Public Via Direct Listing Not IPO
Coinbase has revealed that it plans to go public through a direct listing instead of a traditional Initial Public Offering (IPO).
Cardano Breaks Correlation with Bitcoin Price with Recent Partnership with Coinbase and Shelley Mainnet Launch
Cardano recently partnered with Coinbase Custody to allow ADA holders to stake and store their funds in a secure cold wallet. The launch is expected in Q4 of 2020, once the staking rewards on Cardano’s Shelley mainnet becomes available.
SEC Lawsuits Target Multiple Tokens: DCG Founder Points Out Absence of PoW Cryptos
In an unfolding legal battle against two major cryptocurrency exchanges, Coinbase and Binance, the United States Securities and Exchange Commission (SEC) has declared various tokens as securities.
Brian Amstrong Sees Bitcoin as a Flight to Safety Asset in 5 -10 Yrs
Coinbase's Brian Armstrong foresees Bitcoin serving as a safe investment asset in about a decade
Seychelles Crypto Exchange OKX to Expand Services to Australia
OKX, the Seychelles-based crypto exchange, plans to expand its services to Australia due to the country's strong uptake of cryptocurrency. The exchange sees Australia as an essential part of its growth strategy and intends to build a strong local office.
Coinbase to Launch 2nd Crypto Derivatives Product-Nano Ether Futures for Retail Brokers
Coinbase Derivatives Exchange (formerly FairX) will launch its second crypto derivatives product, Nano Ether Futures Contracts (ET) on August 29.
Trust Wallet Discloses Security Flaw Resulting in $170k Loss
Crypto wallet Trust Wallet has reported a security vulnerability, resulting in almost $170k in losses for some users. The vulnerability has been fixed after Trust Wallet found out about it through its bug bounty program.
Coinbase Hires Former Snapchat Indian Executive to Lead Emerging Markets Business
Coinbase has been beefing up a team focusing on emerging markets in other areas of the globe.
Voyager Digital Sells Assets via Coinbase Amid Bankruptcy
Voyager Digital, the CeFi platform that filed for Chapter 11 bankruptcy, has reportedly sold assets through Coinbase and received at least $100 million in USDC. The company has sent daily crypto transfers to Coinbase, with holdings of nearly $530 million in crypto, including Ether and Shiba Inu. The US SEC has objected to Binance.US acquiring over $1 billion of Voyager's assets.
SEC Chair Gensler Open to Lawful Revival of FTX
SEC Chair Gary Gensler emphasizes regulatory standards as FTX considers legal and compliant return, following founder Sam Bankman-Fried's conviction, marking a pivotal moment in crypto regulation.
Bitcoin Market Shaken as Dormant Whale Moves $67M Worth of BTC after 14 Years
A dormant Bitcoin whale has transferred 1,000 BTC to Coinbase after 14 years, a move that may have influenced the recent dip in the cryptocurrency market.
Ripple CEO Disagrees with Coinbase CEO's Apolitical Work Policy, Considers Relocating Overseas
Coinbase CEO Brian Armstrong has banned political discussions in the crypto work environment, a move that Ripple CEO Brad Garlinghouse disagrees with.
Bitcoin Hits a New All-Time High Above $64,000, How High Will BTC Surge?
Bitcoin has hit a $64,717 ATH, fueled by Coinbase's IPO and the growing number ETF applications. The next stop for BTC could be $70,000.
Former Student of SEC Chairman Weighs in on Binance and Coinbase Lawsuits
Former MIT Sloan School of Management student and teaching assistant for Gary Gensler, known only as 'Kenny' on Twitter, has offered insights into the recently filed lawsuits against Binance and Coinbase by the Securities and Exchange Commission (SEC), as well as his personal journey into the world of blockchain and crypto.
Coinbase COO Choi Joins Okta's Board of Directors
Prior to joining Coinbase in 2018, Emilie Choi had spent more than 8 years working for LinkedIn - initially as a VP of business and data, after which she took on the role of COO in 2018.
Coinbase Introduces Ethereum Staking for US Institutional Clients
Coinbase rolls out a new staking crypto service to its institutional clients ahead of Ethereum’s planned transition to a proof-of-stake mechanism, providing more financial options to their portfolios.
Hut 8 Secures Enhanced $65M Credit Line with Coinbase
Hut 8 has amended its $65 million credit facility with Coinbase, demonstrating a significant shift in digital asset financing by using Bitcoin as collateral.
Coinbase Says Goodbye to Over 60 Employees
Crypto exchange Coinbase Global Inc has announced a fresh job cut of over 60 from its recruiting and institutional onboarding teams.
Coinbase Lists KAVA, Advancing Ethereum–Cosmos Interoperability
Today, Coinbase has listed Kava and will launch a massive Learning Rewards Campaign to educate its user base about how Kava is leading the world to Web3.
US SEC Former Director Brett Redfearn Leaves Coinbase after Four Months on Leadership Role
Brett Redfearn, the head of capital markets at Coinbase exchange, has stepped down.
USDC will integrate into Polkadot, NEAR, Base, Cosmos' Noble, and Optimism this September
Circle, the creator of USDC stablecoin, is expanding its reach to six new blockchain ecosystems, including Base, Cosmos via Noble, NEAR, Optimism, and Polkadot, solidifying its market leadership.
NBA to Release 18,000 NFTs in the 2022 Playoffs
The National Basketball Association (NBA), a professional basketball league in the United States, will mint 18,000 dynamic NFT on the Ethereum network for each player taking part in this year’s playoffs.
Top Crypto Exchanges to Watch in 2024
In 2024, the crypto landscape is expected to grow and diversify, with top exchanges like Binance, PrimeXBT, OKX, Coinbase, and Bitget gaining prominence.
Worldcoin (WLD) World App Reaches 10 Million Users
Worldcoin's World App, launched in June 2023, has over 10 million users, promoting universal basic income and sparked interest in alternative wallets within the Worldcoin ecosystem.
Coinbase Enters Singapore after Gaining Licence
Coinbase has entered the Singaporean market as it has gained approval from the central bank to offer its crypto services in the city-state.
Insider Trading and Cryptocurrency
Coinbase director Conor Grogan saw Binance-linked anonymous wallet transactions. The wallets acquired unlisted tokens minutes before their listing announcement on Binance's website and sold them shortly after, sparking suspicions of crypto insider trading.
CoinMarketCap Crypto Report: Top 20 Exchanges Mark a 36% Drop in Spot Trade Volume from Previous Quarter
In the first half of 2023, the cryptocurrency market has seen significant shifts in exchange activities, according to a comprehensive analysis by CoinMarketCap.
Friend.Tech Boosts Security with CoolWallet on Base Chain
Friend.tech, a decentralized social network on Base's Ethereum layer-2 chain, has seen rapid growth but also faces security risks from phishing attacks. To address this, CoolWallet has launched a Web3 Guardian competition to promote its Web3 SmartScan feature, which screens transactions for malicious behavior.
Dogecoin Hits New All-Time High as Bitcoin Stabilizes over $63K
Bitcoin hit a record high of $63,860 and stabilized above the 63K level. As Bitcoin soared, Dogecoin experienced a strong 47% spike on April 14 and hit a record high of $0.1210. What should we expect from DOGE in the short term?
SEC Required Coinbase to Trade Only Bitcoin, Exclude Ethereum and All Other Cryptos, Reports FT
On July 31, a report by the Financial Times reported that the U.S. Securities and Exchange Commission (SEC) had requested Coinbase to cease all cryptocurrency trading, including Ethereum, with Bitcoin being the only exception, before taking legal action against the company.
JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini
JPMorgan Chase, the largest bank in the United States, has set the ball rolling by accepting crypto exchanges Gemini and Coinbase as banking customers. This is a sign that Bitcoin and other cryptocurrencies are being embraced in the American financial landscape and Wall Street. The bank gave Coinbase and Gemini accounts the green light in April, and transactions are just kick-starting. Reportedly, JPMorgan Chase is offering cash-management services to the exchanges, as well as dealing with dollar-based transactions for their US-based clients.
Coinbase Becomes First Custodian to Pass Two Major Security Evaluations
Coinbase Custody has become the first cryptocurrency custodian to obtain bot SOC 1 Type 2 and SOC 2 Type 2 evaluations.
Coinbase Puts Gnosis, Metal & Raydium on its Roadmap
U.S. Nasdaq-listed cryptocurrency trading platform Coinbase has updated its roadmap, adding two Ethereum-based altcoins, Gnosis (GNO) and Metal (MTL), and a project built on the Solana blockchain Raydium (RAY).
Alexis Ohanian bought 50000 ETH
Ohanian founded 776 Venture Capital using his early ETH and Coinbase investments.
VeChain Announces Launch of Blockchain-Based Digital Platform at Cyprus Hospital
In light of COVID-19, VeChain announced the launch of a blockchain-based medical platform at the Mediterranean Hospital of Cyprus.
Coinbase Allows Crypto Investors to Cash Out in Pesos in Mexico
Coinbase, the largest U.S. cryptocurrency exchange, said it launched a pilot program in Mexico on Tuesday, allowing crypto investors to cash out cryptocurrencies in Pesos in Mexico.
Former Coinbase Employee Sentenced
Ishan Wahi, former product manager at Coinbase, has been sentenced to 24 months in prison for insider trading. Wahi used confidential information from Coinbase to profit off new token listings, totaling up to $1.5 million.
Coinbase Announces Launch of Ethereum Layer-2 Network
Coinbase will gradually decentralize the chain but not create a new network coin.
Cosmos-Based Defi Protocol Nolus Raises 2.5M to Build the First Cross-Chain Defi Lease
The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets.
Coinbase CEO Criticizes Anti-Crypto Stance of American Politicians
Coinbase CEO Brian Armstrong warns that anti-crypto politicians may face strategic disadvantages in 2024 elections due to growing crypto adoption and the proposed Digital Asset Anti-Money Laundering Act's impact.
Coinbase vs. SEC: Key Dates and Details for Upcoming Court Hearings
Court dates for Coinbase vs. SEC case confirmed. Coinbase's motion due Aug 4, 2023, with SEC's opposition brief due Oct 10. Coinbase's reply expected by Oct 24.
How LLM Is Reshaping Agent-Based Modeling and Simulation
LLMs are reshaping agent-based modeling, enhancing simulations in social, economic, and cyber domains with advanced AI integration.
The Sandbox Appoints Nicola Sebastiani as Chief Content Officer
The Sandbox announced the appointment of Nicola Sebastiani as its Chief Content Officer to bolster its global content development. With a notable background from Sony PlayStation Studios and Apple, Sebastiani is set to enhance The Sandbox’s creator and content ecosystems. Alongside, executive promotions were announced with Mathieu Nouzareth now as Chief Business Officer and Amit Kumar as Chief Marketing Officer, marking a strategic move towards expanding its global community and fostering user-generated content in its decentralized virtual platform.
Coinbase Traffic Hits Historic Highs Following Super Bowl Ad, Jumping to Top 2 on App Store
Following a minute-long ad worth $14 million meant for the Super Bowl, US-based crypto exchange Coinbase raked in the dividends because traffic reached historic highs.
33.41 Million BLUR Tokens Transferred to Coinbase Prime Following Unlock
Coinbase Prime's integration of BLUR sees significant token transfers with over $22 million moved, mirroring market anticipation and strategic liquidity management.
Coinbase to Suspend XRP Token Trading in January as SEC Sues Ripple
Coinbase cryptocurrency exchange will delist XRP, following the US Securities and Exchange Commission (SEC)’s lawsuit against Ripple.
Coinbase Crypto Exchange to Support CBDCs in the Future as Long as They Meet Listing Standards
Brian Armstrong, Coinbase's CEO, has stated that the crypto exchange was open to the idea of supporting central bank digital currencies (CBDCs) on its network in the future.
U.S. Treasury Secretary Janet Yellen Urges Stricter Crypto Regulations amid Legal Cases Against Coinbase and Binance
In light of the rising legal cases against major cryptocurrency platforms Coinbase and Binance, U.S. Treasury Secretary Janet Yellen called for enhanced regulation to protect cryptocurrency users and investors.
Breaking: 299,998 ETH Transferred to Coinbase
Coinbase has just received two significant Ethereum (ETH) transfers, totaling 299,998 ETH, or approximately $486,482,166 USD.
KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security
One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.
New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?
Fidelity’s cryptocurrency investment arm, Fidelity Digital Assets (FDAS) has filed for a trust license in the state of New York according to several sources.
Crypto Lender Celsius Raises $400M as Investors Shun Regulatory Crackdowns
Kentucky-based digital asset lending platform Celsius Network has announced its latest $400 million fundraisers as led by WestCap and CDPQ.
No Significant Risk Exposure to FTX or FTT, Says Coinbase CEO
Coinbase CEO Brian Armstrong tweeted that Coinbase has no significant exposure to FTX and its platform currency FTT, as well as Alameda's exposure.
Astar Network Launches Second Iteration of Smart Contracts
Astar Network is launching the second iteration of its smart contracts that support both Ethereum Virtual Machine and WebAssembly Virtual Machine on its mainnet on April 6. The Astar team invited community members to a panel discussion led by its executives and Polkadot developers to discuss how WASM can be utilized.
London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds
Since going live on August 5, the London Hard Fork or EIP 1559 upgrade sought to make the Ethereum network deflationary by injecting a scarcity parameter.
Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors
Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.
Minima Launches Innovation Challenge Campaign Compeition
Minima, an ultra-lean blockchain network, launched an innovation challenge to spur more growth in its ecosystem.
Coinbase Executives Stand Up for Crypto Staking Services
Crypto trading Coinbase officials deny its crypto staking services are securities.
Reasons Behind XRP's Surge to Top $1.90
XRP has been on a tear lately, rallying by more than 65% on a seven-day period to hit $1.90.
Coinbase is Safest Crypto Exchange Overall: BrokerChooser
On a scale of 5, Coinbase received 4.1 for the overall safety score. The exchange was also ranked as a tier 1 for other sub-categories.
BlackRock Launches Bitcoin Private Trust after Building Partnership with Coinbase
Days after BlackRock entered into a partnership with Coinbase to offer its institutional clients access to crypto trading services, the firm announced the launch of a spot Bitcoin Private Trust.
Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage
Base, an Ethereum layer-2 network, has announced the launch of Base Bootcamp, an eight-week, cohort-based program aimed at transforming experienced software developers into smart contract developers. The initiative comes as the blockchain industry faces a significant talent gap, with fewer than 30,000 onchain developers compared to nearly 30 million traditional software developers.
Swyftx Lays Off One Out of Five Staff on Account of Crypto Winter
Australian cryptocurrency exchange known as Swyftx with its location in the Brisbane region has announced that it is cutting down on its staff strength by 21% which means that it would be letting go of up to 74 of its staff
Crypto Firms Report Funds Tied Up with Shuttered Signature Bank
Crypto firms including Coinbase, Paxos, and Celsius have reported funds tied up with Signature Bank, which was shut down by New York regulators due to concerns about systemic risk. While some firms expect to recover their funds in full, others have disclosed only that they had exposure to the bank. Other firms in the crypto industry have reassured customers that they had no exposure to Signature Bank.
OKX Signs Formula 1 Driver Daniel Ricciardo as Brand Ambassador
OKX is sponsoring Daniel Ricciardo at a time when races of the Formula One World Championship events are set to take place.
Sean Patrick Maloney's OECD Role Amidst Crypto Advisory Background
Sean Patrick Maloney, after serving in the U.S. House and on Coinbase's Advisory Council, faces scrutiny over potential conflicts in his OECD ambassador role, signaling a pivotal moment for crypto regulation.
Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy
Base's 2024 mission focuses on building a global onchain economy, emphasizing decentralization, developer empowerment, a vibrant app ecosystem, and a robust capital market, all while maintaining close ties with Coinbase and the broader crypto community.
Coinbase International Exchange Launches Non-US Spot Markets
Coinbase launches non-US spot markets for institutional clients, addressing regulatory concerns and expanding globally.
Coinbase Identifies Four Key Innovations for its Layer-2 Network
Coinbase has identified four crucial innovations, including inflation-pegged "flatcoins," to be built on its recently launched layer-2 network Base. The other three areas are an on-chain reputation system, an on-chain limit order book exchange, and safer tools for DeFi.
Coinbase Adds New Feature That Lets US Customers Purchase Cryptocurrency Through PayPal
Coinbase has rolled out a new feature that enables US customers to buy crypto assets through PayPal.
Coinbase Says it Will List Potential Forked Tokens Following Post-Ethereum Merge
Ethereum's merge is drawing nearer. Coinbase has said it will evaluate potential fork tokens that might emerge after the merge.
Gemini's Weekly Update: PayPal Launches PYUSD Stablecoin, Coinbase Unveils Base Layer-2, and Aptos Announces Microsoft Partnership
PayPal launches PYUSD stablecoin; Coinbase unveils Base Layer-2; Aptos partners with Microsoft; July inflation below expectations at 3.2% and 4.7% yearly.
Coinbase Launches New App, Providing Crypto Policy Advocacy Information for Midterm Election
Brian Armstrong, the founder of Coinbase Brian Armstrong, said he plans to add encryption policy content to Coinbase trading app for the upcoming US midterm elections.
Coinbase Censored By Apple
Some features within the Coinbase app have been restricted for IOS users, sparking further discontent about the ‘pay-to-play’ model adopted by Apple.
9 Cryptos Named as Securities by SEC amid Coinbase Insider Trading Charges
The US SEC listed nine cryptocurrencies as securities in response to the first-ever insider trading case involving crypto tokens against a former Coinbase employee.
Coinbase Acquires Cryptographic Security Company Unbound, Strengthening Presence in Israel
Coinbase has made another strategic acquisition to expand its business capabilities. The exchange is joining forces with the Unbound team to offer an even better value proposition to the Unbound customers in Israel.
Ethereum's Layer 2s Break New Ground in Scalability
Ethereum has seen a 22% rise in value as of September 2023, largely attributed to the emergence of Layer 2 solutions like BASE by Coinbase, which enhance scalability and user affordability on the network. Leading Layer 2 blockchains, Optimism and Arbitrum, have surpassed major Layer 1 blockchains in Total Value Locked, indicating a growing trust and utilization in the Ethereum ecosystem. Despite centralization concerns, the progressive strides in Layer 2 solutions are poised to bolster Ethereum's standing as a dominant smart contract blockchain.
California Court Orders Kraken Exchange to Reveal Identities of Users who Have Transacted in Crypto
IRS has secured authorization from a federal court to issue a John Doe warrant to Kraken to reveal the identity of users transacting in crypto.
Coinbase Addresses Zcash Mining Centralization Concerns
Coinbase's Blockchain Security Team has identified a 51% control over the Zcash network's computational power by a single mining pool, ViaBTC. This raises concerns about security vulnerabilities, such as double-spend attacks and censoring transactions. To address this, Coinbase increased the Zcash confirmation requirement to 110 blocks, transitioned its trading markets to a limit-only state, and engaged with stakeholders.
Coinbase Welcomes New Chief Legal Officer from Facebook's Legal Team: Introducing Paul Grewal
Coinbase proudly announced in a July 8 blog post that a new addition will be made to the crypto exchange’s legal team. Paul Grewal, a former US magistrate judge in California and Deputy General Counsel for Facebook, will be joining the ranks of the digital currency exchange.
Coinbase’s Upcoming IPO May Lead to Better Crypto Regulation in the United States
Coinbase’s upcoming listing may be what it takes to trigger better cryptocurrency regulation in the United States.
Coinbase Revenue Triples in Q1 2021 amid Lower Than Expected Earnings per Share
Coinbase released its first quarterly financial report of 2021 yesterday. This is the company's first earnings report since its direct-listing on Nasdaq on April 14.
Coinbase Wallet Takes a Step Further by Letting Users Earn Interest with New DeFi Integration
Coinbase’s mobile app Coinbase Wallet has previously enabled the access of decentralized applications, Dapps, the crypto giant has taken one step further in the decentralized world. Coinbase has recently announced that the integration of decentralized finance (DeFi) applications will be made available directly via the Coinbase Wallet on both iOS and Android.
FinCEN's Proposed Crypto Rule Does Not “Follow Proper Procedure”- Coinbase CEO
Coinbase CEO Brian Armstrong criticized the FinCEN's proposed regulatory procedure for cryptocurrencies, calling it ill-advised.
What Coinbase CEO’s Crypto Regulation Rumors Mean for Bitcoin if Pushed by US Treasury?
Brian Armstrong, CEO of Coinbase, warned that the Trump Administration may be targeting Bitcoin on its way out of office through regulation, but what impact could it have?
Coinbase Exchange Launches its NFT Marketplace
Digital asset trading platform Coinbase has announced the launch of the NFT marketplace targeted to empowering digital artists and the broader metaverse.
Coinbase's 'Nano' Bitcoin Futures Product Surges amid Declining Trading Volume
Coinbase's new derivatives unit is capturing the interest of new retail traders who are eyeing the crypto exchange's "nano" bitcoin product amid the company's collapsing trading volumes.
Coinbase Exchange Users Can Borrow Up to $1M Loan with Bitcoin as Collateral
American digital currency exchange Coinbase Global has launched a loan service that will allow its users to take up to 40% of the total value of their Bitcoin holdings as a loan.
Coinbase Reveals New Price Oracle Competing with Chainlink as a Major Rival in the DeFi Ecosystem
San Francisco-based crypto exchange Coinbase is taking the decentralized finance (DeFi) industry to the next level by releasing its Coinbase Price Oracle, a reliable source of signed price data for crypto pairs. Blockchain oracles provide paths between off-chain and on-chain events and are third-party information sources that supply data to blockchains. Blockchain oracles offer useful data for DeFi applications and other blockchain services.
Hut 8 Secures US$50 Million from Coinbase Credit to Enhance Financial Flexibility and Support Growth Initiatives
Hut 8 Mining Corp., a prominent North American mining pioneer and high-performance computing infrastructure provider, has recently made a significant announcement. The company has secured a credit facility of US$50 million through a partnership with Coinbase Credit
Coinbase Petitions SEC on Staking
Coinbase has submitted a "Petition for Rulemaking" to the SEC, arguing that staking should not be classified as securities. The petition argues that staking is not a monolithic concept, and core staking services do not meet the criteria of the Howey test. Coinbase cites historical precedents and urges regulators to consider the economic consequences of their actions.
Coinbase To Invest in Singapore’s Zipmex following Acquisition Talks
Coinbase discussed acquisition deals with Zipmex. After negotiations, the two firms have agreed on strategic investments.
OneCoin's Former Legal Head Pleads Guilty to Fraud and Money Laundering
Irina Dilkinska, former OneCoin legal head, has admitted to wire fraud and money laundering charges in the cryptocurrency pyramid scheme, facing a potential ten-year prison term, while co-founder Ruja Ignatova remains fugitive.
Google Pairs with Coinbase to Spur Web3 Innovations, Offer Crypto Payments for Cloud Services
Google has teamed up with crypto exchange Coinbase to allow some of its clients to pay for cloud services using cryptocurrencies.
Binance Looks to Hire 2,000 New Staff
Binance exchange is arguably living up to its ranking as the biggest digital currency trading platform in the world as it has unveiled its plans to hire as many as 2000 new workers despite the current financial market meltdown
Coincover Sets Eyes on Crypto-based Insurance Service
Coincover, a Cardiff based start-up in the United Kingdom, has gone a notch higher by introducing a crypto-based insurance service. The primary objective of this move is deterring asset loss and theft in the cryptocurrency space.
BETA, BOND, WTC, and XEM Added to Binance's Monitoring Tag List
Binance has expanded its Monitoring Tag list to include Beta Finance (BETA), BarnBridge (BOND), Waltonchain (WTC), and NEM (XEM) as of October 4, 2023. The Monitoring Tag serves as a risk indicator for tokens with elevated volatility and risk.
Coinbase CEO Criticizes Chase UK’s Crypto Transaction Ban
Coinbase CEO, Brian Armstrong, condemns Chase UK's restrictive stance on cryptocurrency transactions, urging UK crypto holders to close their Chase accounts. This move by Chase UK could potentially impede Coinbase's expansion plans in the UK and Europe.
Crypto Industry Increases Lobbying Efforts During Crypto Winter
A new study by the Money Mongers reveals that the crypto industry spent $25.57 million on lobbying in the United States in 2022, a 922% increase from 2017. Coinbase, the U.S.-based crypto exchange, led the spending with $3.3 million, followed by the Blockchain Association with $1.9 million and Robinhood with $1.84 million. Despite the increase in lobbying efforts, the overall expenditure of crypto companies on lobbying in America is modest compared to other industries.
Japanese Firms to Launch New Web3 Game CAPTAIN TSUBASA RIVALS
The new Japanese football-featured Web3 game will allow users to connect globally with the popular manga character.
Coinbase CEO's Top 10 Crypto Opportunities Questioned by BlockTower Founder
Ari Paul, BlockTower Capital's Chief Investment Officer, has criticized Coinbase CEO Brian Armstrong's cryptocurrency vision, highlighting ten key opportunities such as decentralized cryptocurrency, blockchain-based reputation systems, decentralized advertising, and a marketplace for labor, while also criticizing on-chain reputation systems and underfunding of peer-to-peer exchanges.
Apple's App Store Policies Probed: U.S. Lawmakers Investigate Impact on Blockchain and NFTs
U.S. Representatives probe Apple's App Store policies, raising concerns over potential impact on blockchain and NFTs, and questioning the balance between security and innovation.
Bill Miller Touts Bitcoin and Coinbase Stocks as Good Investments while Issuing a Warning to Altcoins
Renowned Wall Street investor Bill Miller is once again advising investors to capitalize not only on Bitcoin but also Coinbase stocks and issues warn on altcoins.
Coinbase Leaves Japan After Trade Collapse
Coinbase announced its Japan exit on Jan. 18. Customers have a month to remove money and crypto from the site. After February 17, Coinbase Japan users' crypto holdings will be automatically converted to yen (JPY). From Jan. 20, fiat currency deposits are unavailable.
Coinbase and Binance Amongst the 70 Crypto Firms Awaiting Licensing, Said by MAS
American cryptocurrency trading platform, Coinbase and Binance exchange, two of the world’s largest digital currency brokerages are notably amongst the few platforms awaiting license approval from the Monetary Authority of Singapore (MAS).
Coinbase Incubated Base Network Sets Sights on Mainnet Launch: A Boon for Ethereum Layer 2 Ecosystem
Base, an Ethereum Layer 2 (L2) network backed by Coinbase, is preparing for a mainnet launch, bringing its secure, low-cost solution for decentralized app (dApp) development to the forefront of the blockchain world.
Coinbase Is Under SEC Scrutiny for Staking Programs
Coinbase mentioned in its quarterly earnings report that it is under the regulator’s investigation concerning its staking packages.
AllianceBlock and Crunchbase Partner to Enhance Decentralized Business Data
AllianceBlock has partnered with Crunchbase to offer its business data to Data Tunnel users. The partnership will enable blockchain businesses and developers to create applications like default probability models, customer acquisition profiles, and untapped market maps using Crunchbase's investment, funding, and industry trends data. The AllianceBlock Data Tunnel is a public marketplace for standardized data that allows for the sharing and combination of information without intermediaries.
Coinbase warns of delays for ETH unstaking after Ethereum Merge
Coinbase users may face delays in unstaking their ETH after Ethereum's Shapella upgrade, due to on-chain processing. Coinbase advises users to be patient and offers a liquid staking option, "cbETH."
Coinbase Seeks to Raise $1.5B Senior Notes to Power its Product Development
Coinbase seeks to sell out $1.5 billion worth of Senior Notes to power its product development drive.
Algorand’s Listing on Coinbase Sparked 30% Price Surge and New All-Time High Market Capitalization
US cryptocurrency exchange Coinbase has listed Algorand on its platform. According to the Coinbase announcement, Algorand (ALGO) has been made available on Coinbase.com and its Apple and Android apps.
Did Coinbase CEO Steal a Blockchain Startup's Work? This Lawsuit Alleges so
Brian Armstrong is currently being accused of stealing the works of blockchain startup MouseBelt Labs, both of whom invested in Knowledgr, an academic research platform designed to reward participants in cryptocurrencies.
Over Half of Fortune 100 Companies Embrace Crypto, Blockchain, and Web3, Reveals Coinbase Report
According to a recent report released by Coinbase, more than half of the Fortune 100 companies in the US have been actively pursuing crypto, blockchain, or web3 initiatives since the beginning of 2020.
Former Coinbase CLO Brian Brooks Joins Hashdex's Board of Directors
Brian Brooks, former Coinbase CLO and current Valor Capital Group partner, joins Hashdex's Board of Directors, aiming to accelerate the firm's global growth in the crypto asset management space.
CryptoQuant CEO: Bitcoin Could Face Correction As Institutional Investment Stalls
CEO of CryptoQuant Ki Young Ju has warned about a potential correction as on-chain data indicates institutional investment into BTC appears to have stalled.
Crypto.com Removes Data from CoinMarketCap after Prices go Haywire
Cryptocurrency data provider CoinMarketCap.com had a data failure on Tuesday night, causing many cryptocurrencies to show astronomical gains.
1Bn Crypto Users Forecasted in the Next Decade, Says Coinbase CEO
Brian Armstrong, CEO of Coinbase Global Inc, predicted there would be up to 1 billion users of cryptocurrencies within the next decade.
Coinbase Legal Chief Urges Swift US Crypto Legislation Amid Israel-Hamas Tensions
Coinbase's Chief Legal Officer, Paul Grewal, emphasized the importance of preventing cryptocurrency misuse and advocated for sensible crypto legislation in the US amidst geopolitical unrest involving Israel and Hamas. Grewal highlighted Coinbase's proactive measures like KYC checks and law enforcement partnerships to curb illicit activities on its platform. The discourse also spurred reactions from the crypto community regarding asset seizures and the role of other crypto exchanges like Binance.
OKX Global Ad Campaign Targets Outdated Financial Systems
OKX's global ad campaign calls for a rewrite of the centralized financial system, seemingly taking a dig at Coinbase's "update the system" campaign. OKX argues that the decentralized nature of Web3 means consumers don't need centralized players. The campaign was produced in collaboration with BBDO New York, OKX's advertising agency.
Cathie Wood's Ark Invest Offloads Coinbase & Robinhood Shares
A trading filing showed Wall Street veteran Cathie Wood's Ark Invest has sold more than 1.4 million shares of Coinbase and $500,000 worth of Robinhood shares recently amid the crypto market downturn.
Exploring the Basel Committee's Draft on Crypto Asset Exposure
The Basel Committee has unveiled a draft document detailing the disclosure requirements for banks' cryptoasset exposures. Standardized templates under a new chapter, DIS55, are introduced to ensure consistency in disclosures. The Committee seeks public and market participants' feedback on the draft until January 31, 2024, with an eye towards implementing the requirements on January 1, 2025.
Coinbase to Close Its San Francisco Headquarters in 2022
Coinbase will be moving out of its San Francisco headquarters by 2022.
Coinbase Refuses to Mix Politics With Business, Offers Unsatisfied Staff Severance Packages
Coinbase CEO Brian Armstrong has announced a generous severance package to staff who find it difficult to focus on the company’s missions.
Coinbase Looks to List Dogecoin in 2 Months
Amid Coinbase’s rise that has seen its revenue soar to new highs, the company stated that it will list new assets, including Dogecoin.
Coinbase to Release New Fee Schedule
The new fee schedule will adjust tiers, and change the taker and maker fee structure for transaction tiers above $100,000-$1 million.
Coinbase Calls for Judicial Intervention on SEC's Inaction
Coinbase's Chief Legal Officer, Paul Grewal, has filed a formal response with the U.S. Court of Appeals for the Third Circuit, urging a mandamus order to compel the SEC to act on Coinbase’s rulemaking petition within 30 days, highlighting the SEC's prolonged inaction and the pressing need for regulatory clarity surrounding digital assets.
BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November
BSNbase has partnered with the South Korean MetaverseSociety to launch the BSN portal operator in November, supporting Korean developers to quickly and efficiently build and operate blocks through its localized BSN platform Chain application.
Coinbase Legal Chief Requests Revisions to SEC Rulemaking
Coinbase's legal chief has urged the U.S. Securities and Exchange Commission (SEC) to revise its proposed rulemaking on registered investment advisers' responsibilities to store client assets with qualified custodians. Coinbase has criticized the SEC's proposed custody rule, claiming that it unfairly targets crypto assets and fails to safeguard them properly.
Former Coinbase Product Manager Sentenced to Prison for Insider Trading Scheme
Ishan Wahi, a former product manager at Coinbase, has been sentenced to two years in prison for his role in an insider trading scheme that involved using confidential information obtained during his time at Coinbase. Wahi, along with his brother and an associate, allegedly used the information to profit off new token listings, totaling up to $1.5 million.
Kazakhstan Blocks Coinbase, Citing Digital Asset Law
Kazakhstan's Ministry of Culture and Information has blocked Coinbase due to legal conflicts with digital asset regulations, revisiting previous restrictions on other financial platforms.
Coinbase Records Impressive Growth in Q2 Revenue, Earning 2.23B and Exceeding Analysts’ Expectations
Despite a volatile second-quarter period, Coinbase saw revenue increase in its cryptocurrency business, earning $2.23 billion in revenue.
OKX NFT Adds Base, Linea Support, Beyond Ethereum, Optimism, Polygon
OKX expands NFT Marketplace compatibility to 17 blockchains, including Base and Linea, enhancing interoperability and composability, and utilizing over 11 blockchain networks as a centralized hub for NFT transactions.
Coinbase to Support Ethereum 2.0 Trading and Staking Rewards in 2021, ETH Recovers From Bull Run
Coinbase digital currency exchange voiced its support for Ethereum 2.0, the blockchain upgrade that launched at 12 pm UTC yesterday.
Coinbase Suspends Trading for $MULTI, $VGX, $OOKI, DDX, JUP, BOND
Coinbase has suspended trading for six cryptocurrencies, BarnBridge, DerivaDAO, Jupiter, Multichain, Ooki, and Voyager, due to recent reviews. Users can still withdraw funds, but the delisting is expected to trigger a downtrend, highlighting regulatory compliance challenges.
Coinbase CEO Compares SEC to Soccer Refs in Criticism of Lack of Clarity Around Crypto Regulation
Coinbase CEO, Brian Armstrong, compared the SEC to “soccer refs” in a game of pickleball, criticizing the regulator for their lack of clarity around crypto regulation. The comments came after Coinbase revealed they had been issued a Wells notice, which typically precedes an enforcement action. The crypto community has widely condemned the recent notice, with many agreeing that the SEC has reversed its earlier position regarding Coinbase.
Coinbase User Sues IRS for Illegal Seizure of Crypto Records
James Harper, a Bitcoin researcher, is suing the IRS, its commissioner, and nearly a dozen of its agents for violating his Fourth and Fifth Amendment rights—his right to privacy and right to due process—with their infamous Letter 6137 in July last year.
Singapore Blockchain Week 2020 to assess the new reality for businesses and technology in light of COVID-19
Singapore, 12 May 2020 – Blockchain Association Singapore (BAS) and NexChange Group, a venture innovation and media platform, today announced they will be hosting Singapore Blockchain Week 2020 from 21 July to 23 July 2020.
Singapore Blockchain Week 2020 Sets the Stage with Global Blockchain Experts and Regulators
Singapore Blockchain Week 2020, hosted by Blockchain Association of Singapore (BAS) and co-organised by NexChange Group, will be held from 21 July to 23 July 2020. The anchor event - Singapore Blockchain Week Virtual Summit will take place on 21 July, followed by a series of meetups, workshops and investor events to be organised from 22 July to 23 July 2020.