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Wednesday, May 31, 2023

Coinbase News

Market

Coinbase’s Quarterly Net Revenue Surpasses Analyst Predictions

Rony Roy -
Coinbase's quarterly net revenue exceeded analyst estimates, reaching $605 million, up 5% from the last quarter. Despite the positive revenue performance, Coinbase's quarterly transaction volume...
News

Brian Armstrong Warns U.S. About Losing Its Status As A Financial Hub

Jeena Mary George -
Coinbase CEO, Brian Armstrong warns the U.S. of losing its status as a financial hub. Armstrong asks Congress to act soon and pass clear crypto...
News

Brian Armstrong Stresses Coinbase’s Staking as Not Securities

Nynu V Jamal -
Brian Armstrong tweeted that Coinbase’s staking processes aren’t securities. The CEO of Coinbase quotes the blog post created by Paul Grewal. In the blog post, Grewal...
Market

‘US Exchanges Lose To Foreign Exchanges’: ARK Invest CEO Cathie Wood

Ross -
ARK Invest founder Cathie Wood claimed that the current regulations in US don’t allow them to win against foreign ones. Nic Carter posted that third-paty...
Market

Armstrong Responds to Grewal’s Comment: SEC Settles Kraken Case

Nynu V Jamal -
Brian Armstrong responded to Paul Grewal’s comment on the former’s post. Armstrong previously posted about the rumors on SEC’s settlement with Kraken. Following the tweet, SEC...
News

$4.7 Billion USDC Burned From Coinbase, Possible SEC Effect?

Vignesh Karunanidhi -
PeckShield identifies $4.7 billion USDC burned from Coinbase. The movement is likely to be linked with the US crackdown on staking. Coinbase stock plummeted by 14.13%...
Market News

Lido Token Increased By 11% After Coinbase CEO Shares SEC Rumor

Ross -
Coinbase CEO boosts rumor that US SEC might ban staking for retail customers. Liquid staking platform Lido’s governance token LDO surged 11% after the news. Currently,...
News

SEC Could Scrap Staking; Hoskinson Calls ETH Staking Problematic

Shylin Sam -
Coinbase CEO Brian Armstrong reveals that there are rumors that the SEC intends to get rid of crypto staking in the U.S. for retail...
Market

BlockSec Asks Binance Coinbase and MEXC to Help Phishing Victims

Ikemefula Aruogu -
A phishing victim seeks help from MetaSleuth over stolen ETH. MataSleuth tracks stolen ETH to addresses on Binance, Coinbase and MEXC Global. BlockSec calls on the...
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