Coinbase News
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...
Coinbase Is Getting Sued; Return Everyone’s SGB and FLR Back
Hodl Law, a cryptocurrency law firm, has filed a lawsuit against Coinbase for its alleged failure to distribute Songbird (SGB) and Flare tokens (FLR) to its customers as promised. The...
Data Reveals: Indians Top Investors in Crypto Field in 2022
According to the latest data from RootData, despite the crypto winter, some of the top angel investors poured their money into the cryptocurrency field in 2022. The data was shared...
Coinbase Slashes 20% of Staff in the Third Round of Layoff
The largest US crypto exchange, Coinbase announced its third round of layoff as it slashes 20% of its workforce this time. In his latest blog, Coinbase CEO Brian Armstrong announced...
‘COIN’ Is Available Free for Amazon Prime Subscribers: Coinbase CEO
Unveiling Coinbase’s story to the world, Brian Armstrong, co-founder and CEO of Coinbase, announced that the documentary “COIN” will be available free to Amazon Prime subscribers. The documentary “COIN” will...
Coinbase CEO Has a Clear Regulation Plan for the Crypto Industry
Early today, Coinbase CEO Brian Armstrong suggested regulation ideas for the crypto industry in his latest blog. He outlined his plans to bring in the regulation of centralized actions and...
Coinbase Loses Trial to Force Arbitration in Dogecoin Lawsuit
According to a ruling by the U.S. appeals court on Friday, Coinbase Global Inc (COIN.O) cannot require former users to use private arbitration instead of the courts to settle disputes...
Ark Invest Gathers Huge Shares of Tesla Inc and Coinbase Global
Cathie Wood, the Chief Investment Officer (CIO) and the CEO of Ark Invest, an American Investment Management firm, accumulated many shares of Tesla Inc., the American multinational automotive company, and...
Coinbase Promotes Self-custody App as Its Binance Rivalry Faces FUD
Recently, the crypto community has been awash with FUD and panic messages, especially against Binance, the largest crypto exchange by market cap. Coinbase, a close competitor, has promptly seized the...
