Coinbase revealed that the company received a Wells Notice from the U.S. securities and exchange commission (SEC) indicating the regulator’s plan to carry out an enforcement action against the firm after investigations showed that Coinbase may have violated securities law. SEC goes after...
Coinbase CEO, Brian Armstrong, has been dumping Coinbase shares (COIN) over the past few weeks. Coinbase CEO dumps over 59k shares According to a crypto enthusiast and Twitter user Bitfinex’ed @Bitfinexed, the Coinbase head has recently been dumping tens of thousands of shares. ...
Coinbase presented a petition to the SEC that underlines why staking cannot be classified as securities in every circumstance. The cryptocurrency exchange Coinbase seems to have decided to engage proactively in crypto staking, which has recently drawn the authorities’ attention. This indicates that...
Coinbase cryptocurrency exchange has told its customers that Signature Bank’s Signet payments solution will be suspended until further notice. Following the recent shutdown of Signature Bank, Brian Armstrong’s Coinbase crypto exchange has made it clear to its customers that Signet, the former’s real-time...
According to research from Coinbase and CES Insights, the U.S. government has taken swift steps to avert a system-wide bank run among mid-tier banks after the failure of Silicon Valley Bank (SVB) and Silvergate. Once First Republic Bank secured $30 billion in backing...
Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the USD Coin (USDC) stablecoin, in an effort to bring the stablecoin back to its $1 peg. The latest development comes after USDC lost its peg...
Leading U.S. cryptocurrency exchange Coinbase announced plans to expand its services worldwide. On March 17, 2023, Bitcoin Magazine shared a groundbreaking tweet: “Coinbase is going global! The leading U.S. #cryptocurrency exchange plans to expand its services worldwide.” The announcement has stirred excitement within...
Coinbase has announced to suspend trade for Binance USD (BUSD) due to concerns raised by regulators about Binance’s operations. Coinbase, the leading U.S. cryptocurrency exchange, has announced to suspend trade for Binance USD (BUSD), a stablecoin issued by Binance, the number one global...
Leading securities lawyer Tom Grady is reportedly preparing to file a lawsuit on behalf of retail investors against top U.S. crypto exchanges Coinbase, Robinhood, and others. According to reports, Grady alleges that these exchanges have violated state and federal securities laws by transacting...
Coinbase founder Brian Armstrong recently hosted a “build back better” dinner with some of the industry’s most notable names in New York. However, Crypto Twitter noted that only men were there on International Women’s Day. The guest list was impressive. Among the attendees...