Coinbase

Coinbase, one of the leading cryptocurrency exchanges, and its CEO, Brian Armstrong, face a new legal challenge. A new class-action lawsuit alleges that investors were misled into purchasing securities and that the company’s business model violates state laws. The lawsuit, filed in the United States District Court for the Northern District of California San Francisco […]

Coinbase, the leading cryptocurrency exchange, posted stellar earnings for the first quarter of 2024, exceeding analysts’ expectations. The company’s success stems from the remarkable rally of Bitcoin during this period. Coinbase reported revenue of $1.64 billion, surpassing analysts’ projections of $1.34 billion. Furthermore, the company achieved a net income of $1.18 billion, a remarkable turnaround […]

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]