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Stand With Crypto Publishes Manifesto to Make UK a Leader in Digital Assets
15.6.2024
Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader in fintech, digital assets, and tokenization. “We believe the next government should take meaningful steps to position the UK as a global hub of digital assets, tokenization...
Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days
14.6.2024
According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC, valued at $726 million, has exited the San Francisco crypto exchange. Further analysis reveals that since May 13, approximately $7.05...
Coinbase CEO Engages US Senators to Push Clear Crypto Regulations
13.6.2024
Coinbase CEO Brian Armstrong said on Wednesday that he engaged with over a dozen senators from both Democratic and Republican parties in Washington, D.C., over the past 48 hours. The discussions focused on establishing clear regulations for the cryptocurrency industry and enhancing consumer...
Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’
12.6.2024
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear...
Coinbase Launches ‘Smart Wallets’ in Bid to Simplify Crypto Onboarding
5.6.2024
Coinbase has introduced “smart wallets,” aimed at easing the entry into blockchain activities by eliminating complex processes and high fees associated with traditional crypto wallets. This new offering seeks to onboard over one billion users through simplified, gasless transactions...
Coinbase Raises Fairshake Super PAC Fund by $25M to Push Crypto Legislation
4.6.2024
Coinbase CEO Brian Armstrong has outlined the optimal strategy to achieve regulatory clarity for the crypto sector in the U.S. The executive emphasized the necessity of electing pro-crypto candidates, highlighting Stand With Crypto’s 900,000 advocates and their impact on key legislative...
Coinbase’s Legal Chief: SEC Is Bent on Choking the Digital Asset Industry
3.6.2024
Coinbase’s chief legal officer, Paul Grewal, announced that the crypto exchange has filed a closing brief in the Third Circuit challenging the SEC’s denial of their rulemaking petition. The brief argues that the SEC’s order, which disagrees with claims that SEC rules...
$2.7 Billion Reduction — Coinbase Records 40,406 BTC Outflow in 60-Day Period
1.6.2024
In recent weeks, Binance and Robinhood observed a modest influx of approximately 1,302 BTC or $88 million in bitcoin, with Robinhood acquiring the majority of these assets. Conversely, Coinbase experienced a noticeable decrease in its bitcoin reserves, witnessing an outflow of 40,406 BTC valued...
Security-Focused Crypto ISAC Debuts With Founding Members Including Coinbase, Kraken, Circle
30.5.2024
The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken...
Indian Citizen Faces 20 Years in US Prison for Stealing Crypto in $37M Coinbase Spoofing Scam
26.5.2024
An Indian national has pleaded guilty in the U.S. to wire fraud conspiracy for stealing over $37 million by spoofing crypto exchange Coinbase’s website. He and his co-conspirators created a fake Coinbase Pro site to steal login credentials and two-factor authentication codes, transferring...
Coinbase Continues to Fight for Crypto Clarity, Challenging SEC Overreach in Court
24.5.2024
Cryptocurrency exchange Coinbase has filed a reply memorandum supporting its motion to certify an interlocutory appeal in its lawsuit against the U.S. Securities and Exchange Commission (SEC), which alleges that certain digital asset transactions conducted by Coinbase constitute the sale...
Federal Reserve Poll Reveals Only 7% Used Cryptocurrency in 2023; Contradicts Coinbase Data
24.5.2024
The “Economic Well-Being of U.S. Households in 2023” survey, prepared by the Federal Reserve and executed by Ipsos, has revealed that only 7% of the people polled held or used cryptocurrency in the U.S. The survey, which included 11,400 respondents, contrasts with the over 52 million...
Major Crypto Exchanges Launch ‘Tech Against Scams’ coalition to Combat Crypto Fraud
23.5.2024
Meta, Coinbase, Ripple, Kraken, Gemini, Match Group and the Global Anti-Scam Organization have partnered to launch a ‘Tech Against Scams’ alliance.
The post Major Crypto Exchanges Launch ‘Tech Against Scams’ coalition to Combat Crypto Fraud appeared first on Cryptonews
Coinbase, Ripple, Meta Join Forces to Fight Crypto Scams, Including Pig Butchering
23.5.2024
Leading crypto and tech companies, including Coinbase, Ripple, Meta, Kraken, and Gemini, have formed a coalition to combat online fraud, including crypto scams like the pig butchering scheme. “We are dedicated to disrupting emerging online scams through collaboration, information sharing,...
Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation Vote
21.5.2024
Former Congressman Kendrick Meek is hopping on board Coinbase’s global advisory council just before the House vote on the Financial Innovation and Technology for the 21st Century Act (FIT21).
The post Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation...
If SEC approves Ether ETF, many ‘will be caught severely offside'
18.5.2024
Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”
Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217
17.5.2024
Bank of America (BAC) has upgraded its rating on Coinbase (COIN) shares from underperforming to neutral.
The post Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217 appeared first on Cryptonews
Coinbase to Target Australia's Self-Managed Pension Funds: Bloomberg
16.5.2024
Coinbase is developing a service which will specifically target Australia' self-managed pensions sector, the exchange's Asia-Pacific Managing Director John O’Loghlen told Bloomberg
Moonpay Donates $1 Million to Stand With Crypto
15.5.2024
Moonpay, one of the largest cryptocurrency onramp and offramp providers, has donated $1 million to Stand With Crypto, a nonprofit that seeks to rally American voters around the cryptocurrency cause. Moonpay CEO Ivan Soto-Wright stated that the donation made would contribute to creating...
Coinbase Faces Widespread Outage, Leaving Users Unable to Access Crypto Exchange
14.5.2024
Coinbase, one of the leading cryptocurrency exchanges in the United States, is grappling with a "system-wide outage" that has rendered its services inaccessible to users on both desktop and mobile platforms.
The post Coinbase Faces Widespread Outage, Leaving Users Unable to Access Crypto Exchange...