Tag: Coinbase
Alumni of Coinbase contribute $21 million to NPC Labs, a startup that builds infrastructure for web3 gaming
Pre-seed and seed fundraising rounds for NPC Labs, a web3 gaming infrastructure firm co-founded by three former Coinbase employees, have raised a total of $21 million. Thanks to the leadership…
A user loses $1.7 million to scammers posing as Coinbase in a series of attacks
In the last week, at least three Coinbase users and one cryptocurrency user have reported being targeted by scammers posing as Coinbase employees. One victim has claimed to have been…
Coinbase will hold digital assets while the US Marshals Service is in charge of them
The United States Marshals Service (USMS) will use Coinbase Prime to retain some digital assets in custody as part of its asset forfeiture duties. Coinbase said in a notification dated…
Pre-launch Trading on Coinbase Gives You Early Access To Unlisted Assets
Pre-launch trading on Coinbase allows wagers on digital assets that are not listed. It allows for leverage positions up to two times and is accessible to certain institutional and qualified…
Users can now officially access Coinbase Smart Wallets
The introduction of smart wallets on Wednesday marked the latest breakthrough from prominent cryptocurrency exchange Coinbase. Users Are Introduced to Coinbase Smart Wallets With the goal of streamlining onboarding procedures…
Coinbase gives the cryptocurrency super PAC Fairshake $25 million
To support pro-crypto candidates in this year’s elections, Coinbase contributed $25 million to the federal super political action committee Fairshake, which advocates for cryptocurrency. According to the cryptocurrency exchange, we…
Whales flood Ethereum with funds ahead of ETF approvals: Institutional Coinbase moves $110 million
In a series of quick transactions, Coinbase Institutional, the premier brokerage division of the biggest cryptocurrency exchange in the United States, moved around 30,000 Ethereum (ETH) to multiple new wallets,…
BlockFi will close its online platform and switch to Coinbase as a distributor
On May 9, the insolvent cryptocurrency lender BlockFi announced that it will close down its website by the end of the month and would mostly rely on Coinbase as a…
Coinbase reports $1.6 billion in Q1 earnings as transaction revenue jumps
Following today’s closing bell, Coinbase announced that it achieved a record-breaking first quarter, generating $1.6 billion in revenue—a 72% increase over the previous quarter. The business also revealed a sharp…
Coinbase Intends To Provide Canadian Dollar-Posed Stablecoin Cryptocurrency Trading
Like Tether (USDT) and USD Coin (USDC), two other well-known stablecoins, QCAD maintains its peg with complete backing from reserves equivalent to or more than the total amount of tokens…
Coinbase Appeals Ruling in Ongoing SEC Lawsuit
Coinbase, a prominent cryptocurrency exchange, has filed a motion to appeal a judge’s decision last month that allowed a lawsuit involving the U.S. Securities and Exchange Commission (SEC) and the…
Coinbase’s Base Surpasses $2 Billion TVL: Exploring Airdrops and Meme Coins
Coinbase’s Layer 2 solution, Base, has achieved a remarkable milestone, surpassing $2 billion in Total Value Locked (TVL), representing a significant surge of 43.61% within a week. This achievement underlines…
Ark Invest Unloads $52 Million in Coinbase Shares Amid Record Highs
Ark Invest, led by Cathie Wood, executed a substantial sell-off of nearly 200,000 shares of Coinbase on Thursday, totaling a value of $52.3 million. This move comes as Coinbase’s share…
Base Network’s Daily Trading Volume Surges by 51% to $356 Million
The Base network, operating on the Ethereum Layer 2 platform, witnessed a remarkable surge in its daily trading volume, reaching a staggering $356 million on Tuesday. This represents a significant…
Bulls prevail even as Ark Invest offloads Coinbase shares and Blackrock seeks more Bitcoin ETFs
Cryptocurrency liquidations have surpassed half a billion dollars. Blackrock seeks to purchase more BTC ETFs while Ark Invest offloads Coinbase shares. The market displays bullish sentiment with Bitcoin rising to…
Coinbase Completes Delisting of Bitcoin SV: Strategic Move Amid Controversies
Coinbase has officially removed Bitcoin SV (BSV) from its list of supported digital assets, confirming speculations that surfaced in November 2023. The cryptocurrency exchange, in an announcement on X, revealed…
Coinbase Bolsters Advisory Board with Former UK Chancellor Amid Regulatory Hurdles
In a strategic maneuver aimed at bolstering its resilience amid ongoing legal battles, Coinbase, a leading cryptocurrency exchange, has enlisted the expertise of George Osborne, the former UK Chancellor, to…
Coinbase Unveils Cutting-Edge Non-Custodial Crypto Wallets
In a stride towards fortifying its services, leading cryptocurrency exchange Coinbase has announced the launch of a groundbreaking Wallet-as-a-Service (WaaS) solution. The new embedded wallet service, introduced on January 23,…
Coinbase Set to Strengthen EU Presence through Strategic Derivatives Acquisition
In a strategic move to expand its footprint in the European Union (EU), cryptocurrency giant Coinbase has unveiled plans to venture into the derivatives market. The company recently confirmed its…
Coinbase’s Chief Legal Officer Criticizes US Decision on Bankman-Fried Charges
In a surprising turn of events, US prosecutors have opted not to pursue remaining charges against Sam Bankman-Fried, a prominent figure in the cryptocurrency space. The dropped charges, particularly related…