Coinbase News
Ripple’s Legal Chief Reflects on Coinbase’s Loss to SEC, Citing XRP Lawsuit
Ripple’s Stuart Alderoty criticizes court decision in Coinbase vs. SEC lawsuit. He argued that the SEC persuaded the judge with arguments that lacked merit. Alderoty believes the upcoming challenge for...
Social Media Startup by Ex-Coinbase Execs Nears $1B Valuation
Merkle is finalizing a funding round that would value the firm around $1 billion. Merkle was co-founded by Dan Romero and Varun Srinivasan, two former executives at Coinbase. In July...
What’s Next for Coinbase After Judge Denies Dismissal of SEC’s Lawsuit
United States District Judge Katherine Polk Failla has denied Coinbase’s motion to dismiss the case brought forth by the US Securities and Exchange Commission (SEC) in June 2023 against the...
Coinbase Diversifies Ethereum Validators: Strengthens Blockchain Resilience
In a strategic move aimed at safeguarding the stability of the Ethereum blockchain, crypto exchange Coinbase has successfully transitioned half of its Ethereum validators to new software. This decision protects...
Whales Move $1,555,911,187 to Coinbase as Bitcoin Reclaims $70k: Dump Incoming?
The crypto community has witnessed a startling movement of crypto funds by prominent entities to liquid centralized trading platforms within the last 24 hours. Influential investor tracker Whale Alert has...
Coinbase’s Gamble on Futures Contracts for Altcoins Raises SEC Eyebrows
A member of the crypto community pointed out that Coinbase has formally submitted a proposal to the Commodity Futures Trading Commission (CFTC) regarding the introduction of futures contracts for Dogecoin,...
Coinbase Solves Solana’s Delayed Sends; SOL Surges Above $200
U.S.-based crypto exchange Coinbase users faced technical issues causing delays in their Solana transactions. However, according to the recent update from Coinbase, the issue has been resolved. As per the...
Senators Send a Letter to SEC Chair: Coinbase Executive Weighs In
Coinbase Chief Legal Officer, Paul Grewal, took a shot at two United States senators who sent a letter to Securities and Exchange Commission (SEC) Chair, Gary Gensler, asking the agency...
Coinbase’s Brief Questions SEC’s Reluctance in Framing New Rules
Grewal highlighted the inconsistencies in the SEC’s arguments that contradict themselves. The lawyer directed his readers to go through the brief notes in the post that show “how broken the...
Coinbase Addresses the Exaggerated Surges in AI Cryptocurrencies
In a recent report, Coinbase asserted that the prevailing hype and surge in cryptocurrencies related to Artificial Intelligence (AI) is exaggerated. David Han, a research analyst at Coinbase, pointed out...
Federal Judge Rules in SEC’s Favor in Coinbase Insider Trading Lawsuit
Judge Tana Lin in the Western District Court of Washington, issued a ruling on Friday stating that secondary token sales in question are securities, despite being traded on Coinbase, a...
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...
