Coinbase News
Ark Invest Continues to Add Shares of Coinbase and Robinhood
Ark Invest, the American-based asset management company owned by Cathie Wood, added more stocks from the leading crypto exchanges Coinbase and Robinhood to its portfolio of funds, yesterday. Reportedly, around...
Coinbase CEO Faces Backlash From Community Amid ‘Crypto435’ Promotion
Brian Armstrong, the CEO of Coinbase, with zeal, promoted “Crypto435” by sharing Coinbase’s tweet. Crypto435, developed by Quorum Analytics, is a grassroots campaign that allows users to share their voices...
5M USDC Burned At Treasury; 10.3M USDC Transferred To Coinbase
Blockchain and transaction tracker and analytics platform Whale Alert reported on March 2 that 50,000,000 USDC worth $50,043,042 USD was burned at USDC Treasury. Simultaneously, the Twitter handle of the...
Coinbase CEO Reiterates Crypto’s Need for ‘Clear Rule Book’
In an interview with the television network Bloomberg, Brian Armstrong, the CEO of the crypto platform Coinbase, commented that crypto needs a “clear rule book.” Significantly, Armstrong stated that the...
Voyager Transfers $86 Million To Coinbase Over Two Weeks
Voyager Digital has made several multi-million dollar transactions over the past couple of weeks. The bankrupt crypto lender has transferred more than $86 million worth of crypto assets to United...
Coinbase Unveils “Base” to Aid Ethereum dApp Building
On February 23, the launching of Base, an Ethereum layer-2 network, was announced by cryptocurrency exchange Coinbase. According to the business, this network will provide a secure, affordable environment that...
Solana Is Back as a Genuine L1 Contender: Coinbase
In a research report published on Wednesday, the US-based crypto exchange, Coinbase, argued that the fundamental value proposition of the Solana blockchain persists from a technical perspective, regardless of the...
Coinbase CEO’s Blue Dot Video Raises Curiosity in Crypto Community
Co-Founder and CEO of Coinbase Brian Armstrong posted a brief video of a blue dot on a black background which faded into today’s date. This got the crypto community thinking...
Coinbase’s Quarterly Net Revenue Surpasses Analyst Predictions
According to Coinbase’s quarterly report, the firm’s net revenue in 2022 was $605 million, up 5% from $590 million in the previous quarter and substantially exceeding analyst estimates of $588...
Brian Armstrong Warns U.S. About Losing Its Status As A Financial Hub
Coinbase CEO, Brian Armstrong calls upon Congress’ quick action to pass clear legislation regarding cryptocurrency. In his latest tweet, he warns that America is facing a potential risk of losing...
Brian Armstrong Stresses Coinbase’s Staking as Not Securities
Brian Armstrong, the American Business Executive, Co-Founder, and CEO of the leading crypto firm Coinbase, reiterated that “Coinbase’s staking services are not securities”, refuting SEC’s claim that staking services constitute...
‘US Exchanges Lose To Foreign Exchanges’: ARK Invest CEO Cathie Wood
ARK Invest Founder, CEO, and CIO, Cathie Wood replied to a Twitter thread discussing staking-as-a-service in the US with “US exchanges lose to foreign exchanges.” The conversation started when Castle...
Armstrong Responds to Grewal’s Comment: SEC Settles Kraken Case
Brian Armstrong, the co-founder, and CEO of Coinbase Global Inc, the American-based publicly traded cryptocurrency exchange tweeted in response to the comment of the company’s Chief Legal Officer, Paul Grewal,...
$4.7 Billion USDC Burned From Coinbase, Possible SEC Effect?
Blockchain security and data analytics company PeckShield recently identified a $4.7 billion USDC burn from Coinbase alone. This was a follow-up to a $175 million USDC burn. PeckShield believes it...
Lido Token Increased By 11% After Coinbase CEO Shares SEC Rumor
The liquid staking platform Lido’s governance token has spiked after Coinbase CEO Brian Armstrong cultivated a rumor that the US Securities and Exchange Commission (SEC) might ban staking for retail...
SEC Could Scrap Staking; Hoskinson Calls ETH Staking Problematic
Earlier today, the co-founder and CEO of Coinbase Brian Armstrong divulged to his followers he has been hearing rumors that the SEC intends to get rid of crypto staking in...
BlockSec Asks Binance Coinbase and MEXC to Help Phishing Victims
The on-chain auditing platform BlockSec has called on Binance, Coinbase, and MEXC Global to investigate a phishing report from one of its users. According to the report, BlockSec traced ETH...
Coinbase Wins Consumer Lawsuit Over Unregistered Securities
Coinbase Inc, a publicly traded cryptocurrency company in the United States, has won the dismissal of a consumer lawsuit filed in October 2021. In detail, consumers accused the cryptocurrency exchange...
Coinbase Halts Creator Drops From its NFT Marketplace
The cryptocurrency exchange Coinbase tweeted on Wednesday that it is pausing creator drops from its NFT marketplace. In a statement, the company assured consumers that the change was not a...
Coinbase Wallet Unveils New Features For Safer Web3 Experience
American crypto exchange Coinbase has unveiled a series of features for its wallet to make web3 exploration safer for its users. The new features focus on increased transparency, enhanced protection,...
Coinbase Exec Says SBF Was Behind 2022’s stETH De-peg
Conor Grogan, Director at Coinbase, has alleged that Sam Bankman-Fried and his quantitative trading firm Alameda Research were directly involved in a series of trades that led to the de-pegging...
Brian Armstrong: Crypto’s Role in Disrupting Monopolies
The CEO of Coinbase, Brian Armstrong, took to Twitter to prove the potential of crypto. Explaining the use cases of the crypto sector, Armstrong mentioned that NFTs are like unique...
Coinbase Has Not Registered with DNB: Fine for Non-Compliance
Coinbase has been penalized by the Dutch Central Bank, De Nederlandsche Bank (DNB) with a charge of $3.6 million for running crypto services in the Netherlands without registering with the...
“Shanghai Fork, A New Era Of Staking For Coinbase,” Says JP Morgan
According to analysts at JP Morgan, Coinbase — the crypto exchange — will be looking forward to a favorable future post the newest update. Ethereum’s network is all set to...
Genesis’ Largest Transactions Before Bankruptcy Filing Revealed
Crypto, NFT, and DeFi insights platform, Nansen shared Genesis’ largest transactions in the last 30 days as the crypt lender files for bankruptcy. The original tweet first highlighted the “Funds...
