Coinbase News
Coinbase Addresses the Exaggerated Surges in AI Cryptocurrencies
Coinbase asserts that the recent surges in AI cryptocurrencies are exaggerated. Research analyst David Han stated that AI platforms can disrupt the industry. Han points…
Federal Judge Rules in SEC’s Favor in Coinbase Insider Trading Lawsuit
Coinbase's Chief Legal Officer expresses skepticism over the Friday judgment on X. Paul criticizes the court's reliance solely on SEC filings, undermining credibility. Judge Tana…
Coinbase Glitch Wipes Out $100 Billion in Bitcoin Wealth in Under 60 Minutes
Coinbase glitch led to panic, with BTC traders losing approximately $100 billion. BTC’s value plummeted from $64,300 to $59,461 following the outage. Coinbase stated that…
Breaking: Coinbase CEO Denies Receiving Government Directive to Block Nigerians from its Crypto Exchange
Coinbase has refuted claims of receiving directives to block Nigerians from its platform. Numerous reports claim the Nigerian government has ordered the blockage of crypto…
Coinbase Urges SEC to Approve Grayscale Ethereum ETF: Report
Coinbase urges the SEC to approve Grayscale’s Ethereum ETF application. The platform provides Grayscale’s legal, technical, and economic rationale to win approval. Paul Grewal asserts…
Grayscale’s 4,018.2 BTC Transfer to Coinbase Prime Creates Frenzy
Grayscale transferred 4,018.2 BTC worth $209 million to Coinbase Prime Deposit on February 16. The asset manager moved 821.1 BTC to a new address, which…
Coinbase Manages 90% Of All Bitcoin ETF Assets: Brian Armstrong
According to Brian Armstrong, Coinbase manages 90% of approximately $37 billion in Bitcoin ETF assets. Armstrong noted that Coinbase has seen net inflows into its…
Coinbase Transaction Revenue Reaches $529M in Q4 2023
Coinbase reported $529 million in transaction revenue for Q4 2023, an 83% increase from the previous quarter. The surge was reportedly primarily driven by higher…
Coinbase Faces Legal Heat Over Songbird Crypto Controversy
Coinbase was scrutinized for allegedly converting Songbird tokens, igniting legal battles and debates on crypto asset rights. Ripple's CLO exposes contradictions in SEC's crypto regulation,…
Coinbase Victory in Ongoing Litigation Would Be Devastating for the SEC: Lawyer
According to John Deaton, Coinbase could claim a massive regulatory advantage over the SEC in ongoing litigation. Deaton explained that the SEC backtracked on its…
