Coinbase News
SEC Sues Coinbase for Operating Unregistered Exchange After Binance
In a significant development in the crypto industry, the U.S. Securities and Exchange Commission (SEC) has charged Coinbase, a leading US-based crypto exchange, with operating as an unregistered national securities...
MakerDAO Transfers $500 Million to Coinbase Custody
Crypto lending protocol MakerDAO transferred $500 million to global cryptocurrency exchange Coinbase’s custodial subsidiary, Coinbase Custody. Through this move, MakerDAO ensures an annual rewards rate of 2.6%, which translates to...
Coinbase CLO Urges Clear Crypto Rules as US Falls Behind on Capitol Hill
Coinbase chief legal officer Paul Grewal has recently announced that he will be testifying on Capitol Hill before the House Committee on Agriculture. In a long Twitter thread, he stated...
Coinbase Ventures Expands Portfolio With Four Crypto Projects, Raises Over $20M
Coinbase Ventures, the investment arm of American crypto giant Coinbase, added four new crypto projects to its investment portfolio last month. The venture capital firm participated in funding rounds that...
Coinbase Points Out Misguided Rules by the SEC on RIA’s Requirement
Coinbase has recently filed a qualified custodian (QC) proposal comment letter to the US Securities and Exchange Commission. The comment is in response to the commission’s February 15 proposal, which...
Ex Coinbase Product Manager Settles Insider Trading Charges with SEC
Former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, have settled charges brought against them by the U.S. Securities and Exchange Commission (SEC) for engaging in insider trading....
Coinbase Executives Dump $2.6 Million Worth of Stock in One Day
American crypto giant Coinbase’s top-ranking officials allegedly dumped company stock worth more than $2.6 million in one day. The stock dump comes just days after the crypto exchange’s CEO and...
Coinbase CLO Paul Grewal Questions SEC’s Updated Disclaimer Language
Coinbase’s chief legal officer (CLO), Paul Grewal, recently drew attention to the United States Securities and Exchange Commission’s (SEC) modified disclaimer language in response to a discovery dispute with Ripple...
Paul Grewal Sides With Plaintiffs In US Treasury vs. Tornado Crash Issue
In a recent series of tweets, Coinbase’s Chief Legal Officer Paul Grewal spoke about the legal challenge to sanctions imposed by the US Treasury against Tornado Cash. According to him,...
Coinbase Slams SEC for Regulating via Enforcement, Not Rulemaking
Coinbase responded to the Security and Exchange Commission’s (SEC) May 15 arguments against the writ of Mandamus petition. In the filing, Coinbase reiterated that the writ of mandamus is a...
Crypto a Technology for Updating the Financial System: Coinbase CEO
In a series of videos titled “Why Crypto with Brian Armstrong,” Coinbase co-founder and CEO Brian Armstrong passionately advocates for the integration of cryptocurrencies into the global financial system. Armstrong...
Coinbase Taps Former US Lawmakers For Global Advisory Council
Coinbase has tapped former US lawmakers for its newly unveiled Global Advisory Council. The crypto exchange launched the new council for guidance and expertise in tackling crypto regulation. The council...
Ex-Lawyer Called Out for his Coinbase Comment, Deaton Shows Support
Ex-lawyer says Coinbase email about PEPE was “dumb” but asks people to stop #CancelCoinbase. In the tweet thread, he also spoke about being called out for his comment on Coinbase....
Coinbase’s Bold Move: Pepe Coin Declared Hate Symbol, Netizens React
Coinbase recently released a newsletter in which they labeled Pepe Coin as a hate symbol. This sparked controversy as the community started heavily criticizing on Coinbase for its statement. #deletecoinbase...
Bill Morgan Calls Out Coinbase’s “Inconsistent” XRP Trading Halt
Bill Morgan says Coinbase’s position on the secondary sales of XRP is inconsistent. John E. Deaton questioned Coinbase’s treatment of XRP compared with other digital assets. According to Coinbase’s CLO,...
Ex-Coinbase Product Manager Sentenced To 2 Years For Insider Trading
Ishan Wahi, former Coinbase product manager, was sentenced to 2 years for insider trading. Wahi’s disclosure of confidential information led to over $1 million in illicit gains. Nate Chastain, former...
Coinbase Stock Rises 8% After Company Beats Q1 Revenue Estimates
American crypto giant Coinbase delivered a rather optimistic financial update earlier today during its earnings call for the first quarter of 2023. The crypto exchange beat its revenue estimates by...
‘Relist XRP on Coinbase’ Trends Again as Legal Officers Hangout
Crypto users suspect Coinbase may relist XRP after seeing Ripple Chief Legal Officer (CLO), Stuart Alderoty, hanging out with Coinbase CLO Paul Grewal. In a tweet, Grewal thanked Alderoty for...
Coinbase Has Been Indicted of Illegal Data Harvesting by US Court
The US-based crypto exchange, Coinbase, has been indicted of violating the US biometric privacy law for illegally collecting face templates and fingerprints of its customers in a Monday suit before...
Coinbase Backs XRP Delisting With Statements by SEC Officials
According to the lawyer and digital assets enthusiast Bill Morgan, the Coinbase cryptocurrency exchange relies on the views of some senior staff of the Securities and Exchange Commission (SEC) to...
Crypto Bias Blocks People from Seeing Coinbase as Goldman 2.0: Bitwise CEO
In a recent tweet, Hunter Horsley, CEO of Bitwise Asset Management, shared his frustration with the poor attention given to the US-based crypto, Coinbase, claiming that people are “sleeping” on...
Coinbase to SEC: We’re Ready to Defend Ourself Vigorously in Court
Executives of the Coinbase crypto exchange, including the CEO Brian Armstrong and the company’s chief legal officer Paul Grewal have submitted a “Wells response” to the US Securities and Exchange...
Coinbase Unveils Listing Roadmap in a Bid to Promote Transparency
In an effort to enhance transparency and reduce insider trading, Coinbase, a leading cryptocurrency exchange, has introduced a comprehensive roadmap outlining its plans for new asset listings. This move is...
Coinbase Wins Praise for Legal Advocacy in XRP and Tornado Cash Case
Attorney and cryptocurrency advocate John Deaton recently praised Coinbase for supporting privacy-preserving protocols like Tornado Cash and Whai Amicus Brief and taking on the Securities and Exchange Commission (SEC) in...
Coinbase Intends to Integrate Bitcoin Lightning Network; Says CEO
Latest revelations suggested that the leading crypto platform Coinbase intends to “integrate” Bitcoin Lightning Network, to make Bitcoin transactions cheaper and faster. On April 9, Coinbase CEO Brian Armstrong posted...
