Coinbase News
Coinbase Glitch Wipes Out $100 Billion in Bitcoin Wealth in Under 60 Minutes
Bitcoin traders lost approximately $100 billion in minutes following a recent glitch on the prominent U.S.-based exchange Coinbase. In the last 24 hours, Bitcoin surpassed the $64k threshold, sparking a...
Breaking: Coinbase CEO Denies Receiving Government Directive to Block Nigerians from its Crypto Exchange
Prominent U.S. base exchange Coinbase has refuted claims of receiving any directives from the Nigerian government to restrict its citizens’ access to the platform. This denial came through a recent...
Coinbase Urges SEC to Approve Grayscale Ethereum ETF: Report
In a novel development in the exchange-traded funds (ETFs) market, Coinbase has urged the Securities and Exchange Commission (SEC) to approve Grayscale’s Ethereum ETF. Coinbase’s Chief Legal Officer Paul Grewal,...
Grayscale’s 4,018.2 BTC Transfer to Coinbase Prime Creates Frenzy
Grayscale’s movement of Bitcoin has been creating ripples in the community over the past few days. As per the blockchain intelligence platform Arkham’s report, Grayscale transferred over 4000 Bitcoins to...
Coinbase Manages 90% Of All Bitcoin ETF Assets: Brian Armstrong
According to Coinbase CEO Brian Armstrong, as the custodian of 8 of the 11 newly launched ETFs, Coinbase manages 90% of approximately $37 billion in Bitcoin ETF assets. He noted...
Coinbase Transaction Revenue Reaches $529M in Q4 2023
U.S.-based crypto exchange Coinbase has reported transaction revenue of $529 million for the fourth quarter of 2023, reflecting an 83% increase from the previous quarter. In a letter to shareholders,...
Coinbase Faces Legal Heat Over Songbird Crypto Controversy
Coinbase has come under scrutiny over allegations related to handling certain customer assets. Fred Rispoli, an attorney at HODL Law firm, criticized the exchange for allegedly converting customer assets, specifically...
Coinbase Victory in Ongoing Litigation Would Be Devastating for the SEC: Lawyer
According to renowned crypto lawyer John Deaton, Coinbase could claim a massive regulatory advantage, depending on the outcome of its ongoing case versus the U.S. Securities and Exchange Commission (SEC)....
Analyst Predicts 70% Chance of Victory for Coinbase Against the SEC
Bloomberg senior litigation analyst Elliot Stein has predicted that cryptocurrency exchange Coinbase has a high chance of securing a victory in its lawsuit against the US Securities and Exchange Commission...
SEC v. Coinbase: Federal Judge Says “Tokens Are Not Securities”
The legal brawl between the SEC and crypto exchanges took a new turn in a recent hearing where United States Judge Katherine Polk Failla cross-examined the regulator. The judge remains...
Terra Decision Won’t Apply to Coinbase and Binance Case: Experts
Crypto lawyer Bill Morgan acknowledged the thoughts of the co-CEO of Coin Routes, Dave Weisberger, with regard to Terra in a Twitter post. Both Morgan and Weisberger believe the significant...
Ark Invest Coinbase Shares Offload Continues; Sells Shares Worth $25M
Cathie Wood’s Ark Invest Coinbase stock-selling spree has spilled over into the new year after the firm reportedly reduced its portfolio on Wednesday. The investment management firm reportedly sold another...
Whales Make Big Bitcoin (BTC) and Ethereum (ETH) Moves
Whales moved ETH and BTC worth millions of dollars in and out of exchanges. ETH’s structure suggested a bullish divergence but a decline could also be imminent. BTC may drop...
Coinbase CEO Speaks Against US Senators’ Anti-Crypto Stance
Coinbase CEO Brian Armstrong criticized United States Senators Roger Marshall and Elizabeth Warren’s anti-crypto stance, reflecting on their controversial anti-crypto bill. Highlighting the growing adoption and potential benefits of digital...
Coinbase to Appeal the SEC’s Petition Denial Over Clear Crypto Rules
Coinbase CEO Brian Armstrong has expressed his company’s willingness to challenge the Securities and Exchange Commission’s (SEC) decision not to create clear rules for the crypto industry. In a post...
Coinbase Hype Still Fresh: Can BONK Hold Onto Its Gains with Binance Debut?
Coinbase, one of the leading cryptocurrency exchanges, recently announced the listing of a new token, BONK. Following the listing, the price of BONK witnessed a 60% surge, hitting an all-time...
Analyst Backs Coinbase CEO on Bitcoin’s Western Role
In a recent exchange on X, Christopher Calicott, founder of TVP, expressed a powerful sentiment about Bitcoin. Calicott stated that Bitcoin encapsulates the promise of property rights that has underpinned...
Coinbase CEO Dismisses Rumors About the Launch of Base’s Token
Coinbase CEO Brian Armstrong dismisses the rumors regarding the platform’s launch of a native digital token for Base. Previously, Coinbase CLO Paul Grewal hinted at a potential launch of the...
CFTC Probes Bybit, Seeks Coinbase’s Support for Account Details
The Commodity Futures Trading Commission (CFTC) has recently launched an investigation against the crypto exchange Bybit. The matter came to light following a subpoena the regulators sent to Coinbase seeking...
Crypto Analyst Considers the CFTC and Coinbase Move Illegal
Crypto trader Martin Folb, commonly known as MartyParty, shared that the Commodity Futures Trading Commission (CFTC) seeks information on subscriber behavior to “prove something” about the Bybit crypto exchange. He...
Coinbase CEO Encourages OpenAI Talent Exodus Amid Removal of CEO
Brian Armstrong, CEO of Coinbase exchange, has reacted to the board of directors’ decision at OpenAI, the company behind ChatGPT, regarding relieving Sam Altman from his CEO responsibilities. In a...
South Korea Pension Fund Faces Backlash for $19.9M Investment in Coinbase
A prominent figure in the crypto community has called out South Korea’s National Pension Scheme, criticizing the agency for its investment adventure with the leading U.S.-based crypto exchange Coinbase. In...
Coinbase Announces Support For SOL & AVAX Perpetual Futures
On November 13, Coinbase International Exchange announced that it will be launching support for Solana and Avalanche perpetual futures contracts on the exchange and Coinbase Advanced. Moreover, if liquidity conditions...
Coinbase Joins Apple, Google, Zoom in Russia’s Sanctioned List
According to Russian media, a Moscow magistrate court has imposed fines on the US-based crypto exchange Coinbase. Specifically, the court levied one million rubles or $10,848 on Coinbase for the...
Coinbase Expands Global Advisory Council, Adds 4 Security Experts
Coinbase has recently announced the expansion of its Global Advisory Council, adding four national security experts to the team. In an announcement dated November 7, Coinbase asserted that the experts,...
