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Coinbase’s Ethereum Layer-2 Network, Base, Nears Mainnet Launch
30.6.2023
Coinbase’s layer 2 blockchain, Base, is preparing its mainnet launch after completing a series of security audits.
Base aims to attract as much as one million new crypto users in the next few years, Coinbase said in a press release.
Built on the OP stack in partnership with Optimism, Base’s...
SEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative' Opening Response
30.6.2023
The Securities and Exchange Commission (SEC) will present its response to Coinbase's first legal defense, filed Thursday, on July 13, the court has ordered
Coinbase layer-2 network Base closes in on mainnet launch
30.6.2023
While a date for mainnet wasn’t announced, the Base team said it’s now fulfilled 4 out of 5 of their criteria for launch
Cryptos On Coinbase Fall Outside SEC Jurisdiction, Says Exchange In Response To Lawsuit
29.6.2023
Coinbase, the largest U.S.-based digital asset exchange, has fired back at the U.S. Securities and Exchange Commission (SEC) in a court filing, stating that the regulator lacks the jurisdiction to institute an enforcement action against the exchange.
Both the SEC and Coinbase are bracing...
Coinbase's Base Prepares for Mainnet Launch With Slew of Security Audits
29.6.2023
The layer 2 blockchain pioneered by Nasdaq-listed crypto exchange Coinbase has detailed the security testing taken ahead of its public launch later this year
Canadian ETF Issuer 3iQ to Work With Coinbase to Offer ETH Staking in Its Funds
29.6.2023
Toronto-based digital asset manager 3iQ will start offering ether (ETH) staking in its Ether Fund and Ether ETF, making it the first ETF issuer in North America to allow for this investment strategy, the company announced Wednesday. The feature will be available on or about Aug. 28
The SEC is targeting Coinbase, Binance as proxies in its war on crypto
29.6.2023
SEC Chair Gary Gensler’s lawsuits against Coinbase and Binance are a turning point for crypto — and an opportunity to fight back
Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process
29.6.2023
The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim
First Mover Americas: Coinbase Responds to the SEC’s Lawsuit
29.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Landmark Report: Canadian Lawmakers Advocate for Comprehensive Blockchain Strategy
29.6.2023
Canadian lawmakers' recent report has recognized blockchain, crypto, and mining as innovative industries with "significant, long-term" potential, in need of better regulation.
In September last year, the Canadian House of Commons Parliamentary Standing Committee on Industry and Technology (INDU)...
Coinbase applauds Canadian Committee’s recommendations
29.6.2023
In a recent publication by the Canadian House of Commons Parliamentary Standing Committee on Industry and Technology (INDU), an extensive report has emerged, thoroughly exploring the applications and potential of blockchain technology in Canada. With a comprehensive set of 16 recommendations,...
SEC Has No Jurisdiction Over Cryptos on Coinbase's Platform, Exchange Claims in Response to Regulator's Lawsuit
29.6.2023
U.S. crypto exchange Coinbase claimed that digital assets listed on its platform fall outside the U.S. Securities and Exchange Commission's (SEC) purview in its first legal response to the regulator's lawsuit. The SEC sued Coinbase at the beginning of June, alleging that a dozen of...
Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'
27.6.2023
Coinbase has offered to lend $50 million to Hut 8, one of the world’s largest publicly traded Bitcoin (BTC) mining firms, the latter firm said in a press release....
Read More: Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'
Despite Abandoning Prime Trust Deal, BitGo Eyes Other Acquisitions
27.6.2023
After abandoning the Prime Trust deal, BitGo CEO Mike Belshe has said that there are several other acquisitions in the pipeline.
In an interview with CoinDesk TV, BitGO CEO said that they have got more acquisition pending which the company has not been able to announce yet.
Belshe predicted...
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
26.6.2023
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC
Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury
26.6.2023
The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said
Coinbase Gains Victory in Supreme Court Over Arbitration Lawsuit – Here's What You Need to Know
24.6.2023
The US Supreme Court has ruled in favor of Coinbase, backing its request to halt customer lawsuits while it pursues appeals aimed at moving the disputes out of courts and into private arbitration.
On Friday, five of the nine Justices voted in support of Coinbase's request, overturning a lower...
Winklevoss Twins Rail Against US SEC’s Anti-Crypto Stance: ‘It Does Not Feel Like America, It Feels Like Venezuela’
24.6.2023
The Winklevoss twins, founders of Gemini, a U.S.-based cryptocurrency exchange, have criticized the U.S. Securities and Exchange Commission (SEC) for its perceived anti-crypto stance and recent enforcement actions. In a recent interview, the Winklevoss twins commented that the regulatory...
Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts
23.6.2023
The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021, as the SEC sued Coinbase for offering unregistered securities this month
US Supreme Court halts Coinbase cases in its first crypto ruling
23.6.2023
The United States Supreme Court ruled in favor of Coinbase in its first ever opinion on a cryptocurrency case on June 23