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CryptoCurrency
Coinbase Under Fire: Class Action Suit on SEC Disclosures Advances in Court
2024-09-09T22:34:38.665+02:00
The lawsuit alleges that Coinbase misled investors about its regulatory risks, particularly regarding the SEC.
Shareholders claim the crypto exchange downplayed the likelihood of facing an SEC lawsuit, which materialized in June 2023.
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CryptoCurrency
Coinbase Expands BVB Sponsorship Scope: Takes It Beyond Germany
2024-08-27T08:00:00.000+02:00
The crypto exchange has added Europe and Singapore as the two new jurisdictions in the deal.
The new terms also enhance the brand's presence in the field.
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CryptoCurrency
Coinbase Resumes Crypto Services in Hawaii after Seven-Year Pause
2024-08-14T08:26:08.666+02:00
Changes in money-transmitter license rules allow Coinbase to resume crypto trading and staking.
The firm faces SEC allegations of operating as an unregistered exchange.
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CryptoCurrency
Coinbase and Greengage Team Up to Boost SME Financing with Blockchain Technology
2024-07-04T10:00:00.000+02:00
This partnership aims to meet the crucial need for SMEs to access institutional-grade credit markets.
Greengage offers e-money account services and B2B lending platforms for SMEs.
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CryptoCurrency
Coinbase Initiates Legal Actions against SEC and FDIC over FOIA Compliance
2024-06-27T14:34:00.519+02:00
Lawsuits claim SEC and FDIC excluded crypto industry from banking sector.
The firm seeks SEC clarity on Ethereum 2.0 and past investigations via FOIA.
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CryptoCurrency
Coinbase Tops Crypto Phishing Targets in Latest Survey
2024-06-24T15:15:56.861+02:00
Over the past four years, 416 reported phishing attacks utilized the crypto exchange's brand.
Traditional finance and tech giants, such as Meta, are also frequent targets of impersonation scams
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CryptoCurrency
HTX Surpasses Coinbase with $2.4 Billion Spot Trading Volume Surge
2024-05-28T12:27:12.847+02:00
The firm now ranks among the leading exchanges, trailing Binance, Bybit, OKX, and Gate.io.
Coinbase's exchange volume decline aligns with ongoing US legal challenges.
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CryptoCurrency
Coinbase Comes Back Online after 3 Hours of Outage; Users Face Withdrawal Issues
2024-05-14T12:07:34.400+02:00
Although services are “fully recovered,” the exchange has labelled the current situation as “degraded transactions.”
Many users are complaining about the inability to withdraw and transfer funds.
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CryptoCurrency
Breaking: Coinbase Suffers “System-Wide Outage”
2024-05-14T07:55:37.528+02:00
The website of the crypto exchange is showing a "503" error.
The outage has also affected the mobile app and self-custody wallet.
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CryptoCurrency
Coinbase Faces Another Class Action Lawsuit: Investors Allege Illegal Offerings
2024-05-06T07:22:46.087+02:00
Six primary plaintiffs claim that the exchange lists several unregistered securities.
The lawsuit further claims that Coinbase admitted to being a “securities broker” in its user agreement.
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CryptoCurrency
Coinbase Rides Bitcoin ETF Wave as Profits Soar past $1B in Q1
2024-05-03T01:36:39.255+02:00
Adjusted EBITDA rose from $324 million in the previous quarter to $1.014 billion.
Notable contributions from international operations significantly fueled Coinbase's overall growth.
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Executives
Coinbase's Former Executive Nana Murugesan Named President of Ethereum Scaling Firm
2024-04-18T17:09:20.832+02:00
Previously, Murugesan held senior roles at Snap and Samsung Electronics.
He will lead Matter Labs' operations, including marketing, communication, finance, and legal.
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CryptoCurrency
Coinbase Adopts Apple Pay for Crypto Purchases amid Market Slowdown
2024-04-10T15:58:36.636+02:00
When using Apple Pay for transactions, card numbers are not stored on the device or Apple servers.
A unique device account number is encrypted and stored in a specialized chip for data protection.
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CryptoCurrency
Coinbase Receives Official Registration as Canadian Restricted Dealer
2024-04-04T16:48:24.346+02:00
The registration process has been in progress since March 2023.
A survey found that 29% of Canadians are inclined to buy crypto with stricter regulations.
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CryptoCurrency
Coinbase Faces Regulatory Heat as Judge Allows SEC's Lawsuit to Proceed
2024-03-27T20:14:08.808+02:00
The SEC accuses the crypto exchange of offering unregistered securities.
Coinbase opposed the SEC's classification of some digital assets as securities.
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CryptoCurrency
‘A Staple of the Crypto World’: Coinbase’s Plan to List DOGE Futures Pumps the Memecoin
2024-03-21T09:00:00.725+02:00
The price of Dogecoin skyrockets over 20 percent following the exchange’s announcement.
The exchange invokes the “self-certification” route to list the future contracts of the token.
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CryptoCurrency
Coinbase Draws Support from Allies in Push for Regulatory Clarity from the SEC
2024-03-19T19:57:24.730+02:00
The crypto exchange emphasized the importance of predictable regulations to enhance compliance in the industry.
The outcome of the legal dispute between Coinbase and the SEC is expected to significantly impact the crypto industry.
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CryptoCurrency
Coinbase Eyes to Offer $1 Billion Convertible Notes, Shares Dip Afterhours
2024-03-13T08:50:00.000+02:00
The convertible notes will be sold to institutional investors in a private offering.
The proceeds will be used to repay debt and other general corporate purposes.
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CryptoCurrency
Coinbase Challenges SEC in Court, Seeks Crypto-Specific Rules Again
2024-03-12T06:49:09.493+02:00
The crypto exchange accused the agency of breaking the law in denying crypto-specific rulemaking.
Earlier, the SEC said that the existing market rules apply to crypto.
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CryptoCurrency
US District Court Closes Case on Alleged Crypto Asset Trading Scheme
2024-03-11T17:57:16.576+02:00
The SEC alleged privileged information was shared by a former Coinbase manager.
Sameer Ramani has been ordered to pay $817,602 in disgorgement and a $1,635,204 civil penalty.
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CryptoCurrency
Bitcoin’s Rally beyond $60,000 Leaves Coinbase Users with Zero Balance
2024-02-29T08:59:44.738+02:00
The exchange has confirmed that the technical glitch has been fixed.
The exchange witnessed a massive amount of traffic on Wednesday.
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CryptoCurrency
Coinbase Turns Solid Profits in Q4: Shares Jump 14% Afterhours
2024-02-16T08:23:37.688+02:00
The exchange reported a quarterly profit of $273.4 million.
It generated a transaction revenue of $529 million, a surge of 84 percent.
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Executives
Coinbase Gains Political Advantage with Former UK Minister's Appointment
2024-01-31T14:39:22.005+02:00
George Osborne joins Coinbase's advisory council amid its global expansion.
Osborne's role focuses on guiding the exchange through regulatory affairs.
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CryptoCurrency
Coinbase and SEC Lock Horns in Landmark Federal Court Hearing
2024-01-17T14:53:19.678+02:00
The crypto community is watching the case for clarity on the SEC's digital asset jurisdiction.
In June, the SEC sued Coinbase, alleging the exchange traded 13 unregistered securities.
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CryptoCurrency
Coinbase and Robinhood Face Market Volatility Post-SEC Approval of Bitcoin ETFs
2024-01-11T20:16:00.466+02:00
There is a concern about the impact of the spot Bitcoin ETFs on the major trading platforms.
The recent approval of spot Bitcoin ETFs marked a significant milestone in the crypto industry.
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