Coinbase News
Coinbase Alleges SEC and FDIC Stonewalling on Ethereum Stance in FOIA Lawsuit
Coinbase has sued the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), accusing the agencies of stonewalling public records requests and stifling the crypto industry...
German Government Shifts $24 Million in Bitcoin as Crypto Market Fluctuates
A German government-linked Bitcoin wallet has transferred 400 bitcoins, worth $24 million, to major cryptocurrency exchanges Coinbase and Kraken, according to PeckShieldAlert. Further details provided by PeckShieldAlert disclosed that the...
From Mar-a-Lago to the Hill: Crypto’s High-Stakes Bid for Power in 2024
As the 2024 U.S. election cycle unfolds, the cryptocurrency industry’s political influence is rapidly expanding, poised to shape legislative agendas and potentially sway electoral outcomes. With the sector investing heavily...
Risk and Reward: Coinbase’s New Pre-Launch Markets for Crypto Futures
Cryptocurrency exchange Coinbase is venturing into a novel trading arena with the launch of pre-launch markets, enabling users to speculate on the future value of tokens before they are officially...
Friend.tech’s Move to Friendchain: A Bold Leap or Risky Gamble?
Friend.tech, a social media platform, is building its own blockchain called Friendchain. Friendchain will use the platform’s native token, FRIEND. The move is controversial, with experts questioning its necessity and...
SEC Salt Lake Office Shut Down: Coinbase Lawyer Slams “Attrition” Claim
The U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake Regional Office (SLRO), citing “significant attrition.” This decision follows a court ruling against the SEC...
SEC’s Regulatory Policies Destroy the Crypto Industry: Coinbase
Coinbase slams the SEC, claiming that its regulatory policies destroy the crypto industry. The platform asserts that the SEC hasn’t taken the initiative to frame convenient regulatory policies. The exchange...
Coinbase and SEC Reach Fresh Agreement on Document Handling: Details
Coinbase and SEC submitted a joint Stipulation and Proposed Protective Order to the court. The agreement includes provisions for resolving disputes and handling inadvertent sharing of protected information. Coinbase has...
Coinbase Relists XRP in NY, Price Soars Despite Lingering SEC Case
In a move likely to buoy XRP’s price, Coinbase, the large cryptocurrency exchange, has resumed XRP trading for users in New York. The decision comes amid significant price volatility for...
Crypto Industry Scores Major Win as U.S. House Passes FIT21 Bill
The U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act, also known as FIT21, marking a significant victory for the crypto industry in the...
Donald Trump Accepts Crypto Donations Via Coinbase Commerce Product
Donald Trump, the Republican candidate for the 2024 US Presidential Election, has promised to build a “crypto army” and announced the acceptance of cryptocurrency donations. During his presidential campaign event...
Ripple Joins “Tech Against Scams” Coalition
In a significant development, the global payments platform Ripple has joined forces with tech giants like Coinbase, Meta, Kraken, and Gemini to combat the rise of online scams. Ripple CEO...
House Democrats Challenge Bill on Digital Asset Regulation
Two senior House Democrats, Representatives Maxine Waters and David Scott, have voiced opposition to the Financial Innovation and Technology for the 21st Century Act (FIT21). In emails to fellow Democrats,...
Whale Alert: WIF Price Jumps on Solana After Investor Move
On-chain analytics platform Lookonchain identified significant trading activity surrounding WIF, a recently launched memecoin on the Solana blockchain. In a post, Lookonchain revealed that an unknown large investor has been...
Coinbase Sees Upside for Ether Despite Recent Bitcoin Outflow
In a recent report, Coinbase acknowledged that Ether (ETH) has underperformed compared to Bitcoin (BTC) in the cryptocurrency market so far this year. Despite this, the report emphasizes a positive...
Coinbase Reports Widespread Outage, Confirms Ongoing Investigation
Coinbase, the largest cryptocurrency exchange in the U.S., is experiencing a widespread system outage. A post from Coinbase Support on X in the early hours of Tuesday stated that the...
SHIB Recovers From Early Shock Following 100 Billion Whale Transaction
SHIB, the native cryptocurrency of the Shiba Inu ecosystem, experienced a price slump in the early hours of Monday, May 13, amid investor interest. Onchain data showed that a whale...
SEC Says Ripple Victory Ruling for XRP Holds No Weight for Other Cases
The U.S. SEC has thrown shade on the decision of Judge Analisa Torres in the Ripple lawsuit, saying “no court has followed the ruling.” This critique was part of the...
The SEC Files To Stop Coinbase’s Attempt to Ask a Howey Test Question
The U.S. Securities and Exchange Commission (SEC) has moved to stop Coinbase’s appeal to the court in the ongoing litigation. The crypto exchange reportedly applied for permission to ask the...
BlockFi Announces Coinbase As Distribution Partner Ahead of Platform Shutdown
BlockFi, the now-bankrupt digital asset lender, has announced adopting Coinbase as a distribution partner. In a recent blog post, the former crypto platform noted that working with Coinbase will ensure...
Base Sees Increasing Adoption: Does It Hint at a Base Season?
Base, a relatively new Ethereum Layer 2 network launched by Coinbase, has seen increasing adoption driven by the rise of SocialFi (Social Finance) applications and the growth of Base memecoins....
Can Legal Battles Secure the Future of Crypto in the US?
The future of crypto in the United States is shrouded in uncertainty due to the ongoing regulatory difficulties American crypto companies face. As a result, leading crypto businesses are moving...
Coinbase Charged With Operating “Fundamentally Illegal” Crypto Empire
Coinbase is sued in a class action, claiming its token sales violate securities laws. The lawsuit questions Coinbase’s decade-long legality of its business model. The outcome of Coinbase’s ongoing SEC...
Coinbase Posts $1.18B in Net Income for First Quarter of 2024
Coinbase, the largest digital asset trading platform in the United States by trading volume, reported net income of $1.18 billion, or $4.40 per share, compared to a year-ago loss of...
Coinbase Announces Support for Neon EVM (NEON) on Solana Network
In a major development for the Solana ecosystem, Coinbase, the leading cryptocurrency exchange has announced plans to add support for Neon EVM (NEON) on its platform. The news revealed through...
