Coinbase

Coinbase Files Appeal Against SEC Lawsuit Decision
Crypto

Coinbase Files Appeal Against SEC Lawsuit Decision

Coinbase has filed a motion to appeal a judge’s ruling from last month that allowed the SEC’s lawsuit against the company to move forward. Coinbase’s chief legal officer, Paul Grewal, announced the appeal in an X post today. The appeal, if granted, would enable the Second Circuit Court to review the US Securities and Exchange […]

Apr. 13, 2024
HashKey Group Obtains Bermuda License, Launches Global Platform
Crypto

HashKey Group Obtains Bermuda License, Launches Global Platform

Hong Kong crypto exchange HashKey is willing to fight global crypto exchanges like Coinbase to secure a new Bermuda license for offering crypto futures for 20 different crypto coins. This development comes as HashKey faces strict regulatory measures in Hong Kong for offering crypto derivative products to customers. In a recent interview with a local […]

Apr. 8, 2024
Ethereum Restaking Raises Concerns over ‘Hidden Risks’: Coinbase Report
Ethereum

Ethereum Restaking Raises Concerns over ‘Hidden Risks’: Coinbase Report

Ethereum restaking could form the ‘bedrock’ for a wide range of new decentralized applications on the blockchain. However, it could also introduce several new hidden risks, says Coinbase. In a research report released on April 2, analysts David Han and David Duong from Coinbase outlined various risks associated with restaking and issuing liquid restaking tokens […]

Apr. 3, 2024
Coinbase Takes Action to Protect Ethereum Network
Ethereum

Coinbase Takes Action to Protect Ethereum Network

In a strategic business decision, Coinbase’s crypto exchange is now running half of its Ethereum validators on the new software. This is intended to prevent the Ethereum blockchain from being jeopardized by fatal flaws. It also symbolizes a large step forward in the journey to provide more options for execution clients on the Ethereum platform. […]

Mar. 28, 2024
Binance’s $10 Billion VC Arm Goes Independent: Report
Crypto

Binance’s $10 Billion VC Arm Goes Independent: Report

In a major shakeup, Binance spun off its massive $10 billion venture capital arm earlier this year. This investment division, known as Binance Labs, is no longer part of the wider Binance Group. However, it has been authorized to continue using the prestigious exchange brand name. Let’s take a closer look at the details. According […]

Mar. 16, 2024
Coinbase Foresees Bitcoin Upswing: FTX Sell-Off Amid Fed’s Easing Signals
Crypto

Coinbase Foresees Bitcoin Upswing: FTX Sell-Off Amid Fed’s Easing Signals

Coinbase analysts said downward pressure on Bitcoin has significantly diminished as the FTX bankruptcy estate finished selling off its large Grayscale Bitcoin Trust (GBTC) holdings. This development could support Bitcoin and other digital tokens in the second quarter 2024. The prospect of Fed monetary easing beginning in May and an end-to-balance sheet reduction in June […]

Feb. 3, 2024
Coinbase and CEO Gear Up ‘War Chest’ to Support Pro-Crypto Politicians
Crypto

Coinbase and CEO Gear Up ‘War Chest’ to Support Pro-Crypto Politicians

Coinbase Global Inc. chief executive officer’s resurging affluence is buoying his rising influence as Armstrong put some of his fortune to work to help fund what he calls a “war chest” to support crypto-friendly politicians as the industry remains pressured by a US government crackdown that began last year. A $1 million donation to Fairshake […]

Feb. 1, 2024
Coinbase’s Wild Ride: Lawsuits, Bitcoin Dips, and Analyst Frowns
Crypto

Coinbase’s Wild Ride: Lawsuits, Bitcoin Dips, and Analyst Frowns

Coinbase’s share price has had ups and downs lately because of a court case with the SEC. The SEC says Coinbase broke investment rules about listing new things to buy. Analyst Owen Lau from Oppenheimer Bank thinks the unclear court case may keep causing Coinbase’s share price to change significantly. In an interview with Yahoo […]

Jan. 27, 2024
Binance Lawsuit Faces Hurdle as SEC Finds Favorable DC Judge
BNB

Binance Lawsuit Faces Hurdle as SEC Finds Favorable DC Judge

Binance faced the SEC in Washington, DC, for a four-hour hearing on Monday. The exchange sought to dismiss charges made against it, its US sector, and former CEO Changpeng Zhao last summer. The US Securities and Exchange Commission again seeks a federal judge to support its claim to regulate the cryptocurrency industry. Judge’s Controversy & […]

Jan. 23, 2024