Coinbase

US District Judge advises Coinbase to reconsider subpoena for SEC Chair Gensler

July 12, 2024 1 min read

The US District Judge Katherine Polk Failla has recommended that Coinbase exchange either abandon or modify its attempts to obtain US Securities and Exchange Commission (SEC) Chair Gary Gensler’s personal communications through a subpoena. The hearing was conducted in response to the SEC’s petition to prevent Coinbase’s subpoena, which granted access to Gensler’s correspondence pertaining to cryptocurrencies. Judge Failla expressed astonishment at Coinbase’s request and recommended that the exchange submit

Coinbase secures a $32 million contract with the DOJ to manage seized crypto

July 2, 2024 1 min read

The US Department of Justice’s asset forfeiture section, known as the US Marshal Service, has selected Coinbase as its custodian for digital assets with high market capitalization. Coinbase Prime will provide custody and enhanced trading services for its “Class 1” digital assets to assist federal law enforcement. The government requires dependable storage and liquidation methods to effectively handle and dispose of significant volumes of widely-used cryptocurrencies, referred to as Class

The US Marshals Service partners with Coinbase Prime in a $32.5 million deal

July 2, 2024 1 min read

The US Marshals Service (USMS) has partnered with Coinbase Prime to manage and trade large-cap digital assets worth $32.5 million. The deal follows a thorough evaluation process by the USMS, a division of the US Department of Justice responsible for asset forfeiture. Coinbase Prime is chosen for its strong track record and security features, as it is a leading platform for institutions to trade and store digital assets securely. As

Coinbase and Stripe partner to integrate USDC on Base

June 30, 2024 1 min read

Coinbase and Stripe have formed a partnership to incorporate USD Coin (USDC) on the Base blockchain, hence improving Stripe’s cryptocurrency services. The alliance seeks to enhance the efficiency and affordability of money transfers across more than 150 countries, while also offering a convenient method for converting traditional currency to crypto. Stripe plans to incorporate USDC on Base into its crypto payout system, enhancing the speed and cost-effectiveness of international transfers.

Coinbase plans to list Shiba Inu for futures contracts

June 30, 2024 1 min read

Coinbase, the leading crypto exchange in the United States, has revealed its intention to include the Shiba Inu crypto for trading futures contracts. The exchange has submitted a formal document to the Commodity Futures Trading Commission (CFTC) in order to initiate trading in the near future. Despite the current volatility, this move underscores the increasing influence of Shiba Inu in the crypto market. Coinbase is poised to become the inaugural

Top Crypto Presale in 2024: Could MoonBag Soar to $1 After Burns And Coinbase Listing Rumours

June 12, 2024 4 mins read

Imagine being nestled comfortably with your family, counting the endless benefits of a well-timed investment. But what if you miss out on a goldmine that could change your life forever, such as the Top Crypto Presale in 2024? Popcat (POPCAT) and Bitbot (BITBOT) seem shrouded with complex woes. However, the winds of fortune seem to change with the surprising and heart-hacking entrance of MoonBag Presale.  The presale is roaring in

CoinBase Rumours Ignites Rush, Could MBAG Reach The $1 Mark After Burns

June 11, 2024 4 mins read

Just picture: you’re lounging with your loved ones, soaking in the sun-drenched success that your cryptocurrency investment has brought. But what if that bliss were disturbed by underperformance, like the bearish trends shadowing the once-promising Book of Meme (BOME) or the sustainability doubts circling Bitbot (BITBOT)?  Now, imagine a plot twist: the MoonBag Presale; it’s an investor’s dream come true, offering lucrative staking rewards, the talk of hitting a dollar

Coinbase new smart wallet seeks to attract 1 billion users on-chain by solving user problems

June 6, 2024 1 min read

Coinbase crypto exchange has launched its intelligent wallet for users, with the goal of enhancing on-chain transactions by removing the need for recovery phrases and addressing other related problems. The primary objective of the smart wallet is to amass a user base of 1 billion individuals on the blockchain by resolving issues such as network costs and recovery phrases. It provides a decentralized on-chain experience without the need for gas

Coinbase battles the US SEC in a landmark legal case

May 26, 2024 1 min read

Coinbase’s legal battle with the SEC has taken another turn. Coinbase replied to the SEC’s petition against their interlocutory appeal, a crucial milestone in this high-stakes regulatory issue. Coinbase asked the US court on April 12 whether an investment contract may exist without post-sale responsibilities. The exchange deems this a “controlling question of law” in their SEC dispute. The SEC argued that the Howey Test in securities regulation has long

Coinbase has filed an interlocutory appeal against the SEC, accusing the Commission of bypassing the Howey test

May 26, 2024 2 mins read

Coinbase filed an interlocutory appeal against the SEC for skipping the Howey test for securities. Recent legislation, notably FIT21, shows the US SEC’s overreach, the exchange says. Coinbase’s Chief Legal Officer, Paul Grewal, called for clear laws and blasted the SEC’s inconsistencies. Coinbase is using congressional politics to influence its SEC appeal. Coinbase said the SEC “side-stepped” the Howey test in a May 24 court filing. The crypto sector and

Coinbase exchange consumers are frustrated with its frequent disruptions

May 15, 2024 1 min read

Coinbase exchange consumers are frustrated with its frequent disruptions. Borovik’s statement mirrors a prevalent sentiment: Coinbase’s customers anticipate greater dependability. In March, when Bitcoin was at record highs, some users’ account balances were presented as zero, prompting panic. The event was soon fixed and restricted to display faults, but it damaged user confidence. The February downtime, induced by a traffic increase when Bitcoin reached $60,000, led many users to experience

Coinbase faces lawsuit claiming it misrepresented crypto as non-securities

May 6, 2024 1 min read

Six customers have sued Coinbase Global, CEO Brian Armstrong, and two companies in a class-action complaint. The plaintiffs are requesting that state securities laws regulate Solana (SOL), Polygon (MATIC), and other cryptocurrencies as “investment contracts.” Despite Coinbase’s denials, the complaint claims that its user agreement refers to it as a “Securities Broker.” The plaintiffs contend that by making false promises, Coinbase “knowingly and intentionally” violates securities laws. They demand statutory