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 […]
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 & […]
Coinbase Global, a major player in the crypto exchange arena, is defiantly challenging the Securities and Exchange Commission (SEC) in a legal clash with potential ramifications for the entire crypto industry. The exchange’s Chief Legal Officer, Paul Grewal, announced the submission of their motion to dismiss the SEC’s lawsuit. This move puts the spotlight on […]
Cryptocurrency exchange Coinbase has teamed up with Africa’s Yellow Card, enabling users in 20 new African countries to easily transition between fiat and crypto, emphasizing USD Coin (USDC) accessibility. The partnership integrates Yellow Card’s payment infrastructure, facilitating on/off-ramps for Coinbase customers. Coinbase, in a statement on Jan. 11, expressed optimism about collaboration, emphasizing the potential […]
Crypto exchange Coinbase revealed plans to offer crypto-linked derivatives in the European Union (EU) market. Coinbase said it has entered into an agreement to acquire the Cyprus-based entity, which holds a Markets in Financial Instruments Directive 2014 (MiFID II) license. The acquisition is subject to regulatory approval, and Coinbase expects the deal to close later […]
Shiba Inu (SHIB) token transfer is a significant move in the cryptocurrency landscape. Another major development in the world of cryptocurrency is also making news worldwide, as posted by Whale Alert regarding a massive transfer of 4.24 trillion SHIB tokens amounting to $44.64 million from an unknown wallet to another hidden wallet. The details drawn […]
Coinbase Custody is gearing up for the eagerly anticipated spot Bitcoin ETFs, making strategic adjustments to its operations, as reported by Bloomberg on Dec 29. A Coinbase representative underscored the extensive preparations for ETF approval. They highlighted their systems’ rigorous design and testing to accommodate increased trading volume, enhanced liquidity, and general surges in demand. […]
Binance founder Changpeng “CZ” Zhao has seen his wealth balloon just as much as he pleaded guilty to recent U.S. criminal charges and abandoned the CEO position at the cryptocurrency exchange. According to the Bloomberg Billionaires Index, Zhao’s wealth ballooned by over $23 billion in 2023, positioning him as one of the top gainers among […]
The Coinbase-incubated Ethereum layer-2 network Base is showing steady growth, although the rate has slowed since its initial surge. According to the recent data from L2Beat, Base’s total value locked (TVL) is nearly $735 million, exhibiting a 4% rise in the past week. Since its official launch in August 2023, Base Network’s TVL —a metric […]