Coinbase News
Coinbase CEO: Bitcoin a ‘Check and Balance’ Against US Debt Crisis
Coinbase CEO Brian Armstrong believes Bitcoin can serve as a critical counterbalance to excessive government spending, potentially safeguarding Western economies from a looming debt crisis. His remarks were made in...
Arbitrum on the Move: $25M ARB Transfer to Coinbase Precedes Token Unlock
Arbitrum, a layer-two scaling solution for Ethereum, is experiencing substantial inflows. Recent data reveals that a multi-signature wallet associated with the Arbitrum network deposited $25 million worth of ARB tokens,...
Arkham Intelligence Reveals U.S. Government’s Bitcoin Transfer to Coinbase
Blockchain analytics firm Arkham Intelligence revealed that the U.S. government has transferred $4 million in seized Bitcoin to Coinbase. The funds originated from a 2020 drug case involving Ryan Farace,...
Bankrupt Crypto Lender BlockFi Initiates First Round of Customer Reimbursements
Bankrupt cryptocurrency lender BlockFi is set to begin returning funds to its customers this month, utilizing Coinbase as the distribution platform. This long-awaited development comes after BlockFi’s operations were suspended...
Centralized Exchanges vs. Self-Custody: Which is Safer for Your Crypto?
Ripple’s Chief Technology Officer, David Schwartz, has expressed skepticism about the safety of storing cryptocurrency on centralized exchanges. In a recent online discussion, Schwartz highlighted the potential risks for users’...
Coinbase Adds BLAST, ZRO, CORECHAIN for German Customers
Coinbase, a leading cryptocurrency exchange, is broadening its services for German residents with the addition of three new tokens: BLAST, ZRO, and CORECHAIN. An X post by Coinbase Assets revealed...
XRP, Coinbase, and The SEC: Key Legal Developments Shaping the Crypto Market
XRP, the cryptocurrency embroiled in a high-stakes legal battle with the U.S. Securities and Exchange Commission, tumbled below the $0.42 mark for the first time since March 2023, amid a...
Former Obama Solicitor Accuses Regulators of Crypto ‘Debanking’ Strategy
The landscape of cryptocurrency regulation in the United States is undergoing significant shifts, particularly with the involvement of high-profile legal figures such as Donald Verrilli and Paul Clement. Verrilli, a...
Bitcoin Price Plunge: German Government’s BTC Sell-Off Adds to Market Woes
The German government has reportedly moved a significant amount of Bitcoin from its holdings, raising questions about its investment strategy and potentially adding to recent downward pressure on the cryptocurrency’s...
Shiba Inu Futures: Everything You Need to Know
The possibility of regulated Shiba Inu futures contracts is fueling speculation about a potential spot ETF for the memecoin, a development that could significantly impact the token’s future and mainstream...
Coinbase Takes a Page from Binance’s Playbook: Will It Work Against the SEC?
Buoyed by a recent court ruling in favor of Binance, Coinbase has appealed in a letter to Judge Katherine Polk Failla, urging her to reconsider its request for an interlocutory...
Shiba Inu Futures Coming to Coinbase: What It Means for SHIB Investors and Traders
Coinbase is expanding its cryptocurrency derivatives offerings with the introduction of Shiba Inu (SHIB) futures contracts on July 15, a move that could significantly impact the popular meme coin’s market....
Inside the Fetch.ai AI Token Merger: A Two-Phase Process with Coinbase Caveat
In a recent X post, Fetch.ai CEO Humayun Sheikh confirmed the upcoming AI token merger of FET, Ocean Protocol (OCEAN), and SingularityNet (AGIX). Despite Coinbase’s refusal to support the merger,...
From PlayStation to Crypto: Sony Acquires Amber Japan, Expanding into Digital Assets
Sony Group has entered the cryptocurrency trading platform sector with the acquisition of Amber Japan, a move that highlights the conglomerate’s commitment to diversifying its already extensive portfolio. As noted...
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...
