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Coinbase receives SEC Wells notice over possible violation of securities laws

0xMain
March 23, 2023

Coinbase, Hacking, laws, notice, receives, SEC, securities, violation, Wells

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 dumped over 59k COIN shares over past few weeks

0xMain
March 22, 2023

59k, CEO, COIN, Coinbase, dumped, Hacking, shares, weeks

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. ...

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Coinbase presents staking petition to SEC

0xMain
March 21, 2023

Coinbase, Hacking, petition, presents, SEC, staking

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...

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Coinbase suspends support for Signature Bank’s Signet payment service

0xMain
March 21, 2023

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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...

Coinbase research says SVB’s failure could continue to impact markets

0xMain
March 21, 2023

Coinbase, continue, failure, Hacking, impact, markets, Research, SVBs

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...

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Coinbase offered Circle $3b credit line to repeg USDC

0xMain
March 21, 2023

Circle, Coinbase, Credit, Hacking, line, offered, repeg, USDC

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...

Coinbase goes global in effort to expand client base

0xMain
March 17, 2023

base, client, Coinbase, effort, expand, Global, Hacking

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...

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Coinbase suspends BUSD trading amid regulatory concerns

0xMain
March 13, 2023

BUSD, Coinbase, concerns, Hacking, regulatory, suspends, trading

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...

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Lawyer may sue Coinbase, Robinhood for securities law violations

0xMain
March 10, 2023

Coinbase, Hacking, law, lawyer, Robinhood, securities, sue, violations

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...

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Coinbase CEO hosts all-male founders dinner on International Women’s Day

0xMain
March 9, 2023

allmale, CEO, Coinbase, Day, dinner, founders, Hacking, hosts, international, Womens

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...