Tagged: coinbase

December 7, 2022 @ 3:47 pm By JD Alois  |  

Coinbase (NASDAQ:COIN), the only publicly traded crypto exchange, is not having a very good year. In fact, Coinbase CEO Brian Armstrong recently commented in an interview that revenue in fiscal year 2022 is expected to be half of what the exchange delivered in 2021. The… Read More

December 1, 2022 @ 4:35 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has taken to Twitter to criticize Apple (NASDAQ:APPL) because it has blocked its most recent App update as Coinbase moved to evade app store fees. Coinbase said that Apple does not understand how NFTs and blockchain work, and thus Apple is in the wrong…. Read More

November 29, 2022 @ 4:55 pm By JD Alois  |  

  Senator Ron Wyden, the Chairman of the Senate Committee on Finance, has sent letters to several crypto exchanges which operate in the US pressing them on consumer protection concerns in the wake of the bankruptcy of FTX. Senator Wyden contacted the following crypto exchanges; … Read More

November 21, 2022 @ 4:46 pm By JD Alois  |  

Grayscale, part of the Digital Currency Group (DCG), published a blog post in recent days telling users that “all digital assets are safe and secure.” Grayscale is the issuer of multiple digital asset-based funds like the Grayscale Bitcoin Trust (OTCQX:GBTC), which is traded on OTC… Read More

November 19, 2022 @ 12:24 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is rolling out Easy Bank Transfers, which are described as “a seamless and secure way for UK users to add money to their Coinbase account.” As part of Coinbase‘s mission to increase economic freedom in the world, they are “committed to finding ways… Read More

October 24, 2022 @ 7:04 pm By JD Alois  |  

Marqeta (NASDAQ: MQ), best known for its “modern-card” management and issuance platform, is now moving into banking. According to a company release, Marqeta has revealed seven banking products, including: Accounts – Demand Deposit Accounts ACH with Plaid Direct Deposit with an Early Pay option Cash… Read More

October 20, 2022 @ 11:23 am By JD Alois  |  

In a move to support the adoption of USDC, the Circle issued dollar-based stablecoin, Coinbase (NASDAQ:COIN) has waived commission fees when buying or selling USDC via any fiat currency on Coinbase, “from AUD to ZAR.” USDC is the second largest stablecoin by market cap after… Read More

October 14, 2022 @ 9:37 am By JD Alois  |  

  This past week, Coinbase (NASDAQ:COIN) revealed it had received regulatory approval to provide services in Singapore, the leading Fintech hub in Asia,  At the same time, it was announced that Coinbase founder and CEO Brian Armstrong is expected to participate at the annual Singapore… Read More

September 25, 2022 @ 11:57 pm By Omar Faridi  |  

The team at digital asset firm Coinbase (NASDAQ:COIN) reveals that they’ve registered with the Dutch Central Bank (De Nederlandsche Bank — DNB) as a crypto service provider. This registration will “allow Coinbase to offer our full suite of retail, institutional, and ecosystem products to customers… Read More

September 14, 2022 @ 10:48 am By JD Alois  |  

On Monday, the US Department of Justice announced it had received a guilty plea from the “first-ever cryptocurrency insider trading case.” Originally covered this past July, the Securities and Exchange Commission (SEC) simultaneously filed insider trading charges along with the U.S. Attorney’s Office for the… Read More

September 9, 2022 @ 9:48 am By JD Alois  |  

Last month, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) applied sanctions to Tornado Cash, a crypto mixing platform. The second sanctions hitting a mixer, the enforcement action is still the first of its kind as the code running Tornado.cash was open… Read More

September 2, 2022 @ 8:24 am By Omar Faridi  |  

Coinbase Cloud’s Solana Archival Nodes are able to “examine historical address balances, run complex queries, and simulate the blockchain state at any given point in the chain’s history.” Coinbase Cloud previously “launched secure, dedicated Solana infrastructure nodes via Query & Transact, allowing builders to access… Read More

August 28, 2022 @ 11:49 pm By Omar Faridi  |  

Boris Ilyevsky, Head of Coinbase Derivatives Exchange (at Coinbase (NASDAQ:COIN)) notes that the platform will be launching a Nano Ether futures contract (ET) on August 29, 2022 as they continue “to build an accessible futures market for the retail trader.” Sized at 1/10th of an… Read More

August 10, 2022 @ 9:54 am By JD Alois  |  

GraniteShares has announced the listing of multiple single share ETFs on the Nasdaq, including one for Coinbase (NASDAQ:COIN). GraniteShares first launched leveraged ETFs on single stocks in the UK in 2019. While ETFs started as a less expensive path for a diversified portfolio of assets,… Read More

August 9, 2022 @ 5:32 pm By JD Alois  |  

Coinbase (NASDAQ:COIN), the first and only publicly traded crypto exchange in the US, has announced its Q2  2022 financial results, which delivered a decline in both the top and bottom line. Shares in after-hours trading declined by over 4% in an overall down market day…. Read More

August 8, 2022 @ 7:59 pm By Omar Faridi  |  

  Last week, it was widely reported that Coinbase (NASDAQ:COIN) was selected by BlackRock “to provide Aladdin clients access to crypto trading and custody via Coinbase Prime.” Coinbase and BlackRock will “create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin.”… Read More

August 3, 2022 @ 10:07 pm By Omar Faridi  |  

Aaron Schnarch, Vp of Product, Custody at Coinbase (NASDAQ:COIN), explains that Coinbase Prime provides institutions “with an end-to-end staking experience.” Clients can “create a wallet, decide how much to stake, and initiate staking from the ETH asset page on their Coinbase Prime account.” Securing client funds… Read More

August 3, 2022 @ 5:29 pm By JD Alois  |  

The first case of prosecuted insider trading in crypto took an interesting twist this week as the former Coinbase (Nasdaq:COIN) manager accused of abusing his position at the company to trade in advance of news has pleaded guilty to the charges of insider trading. According… Read More

August 2, 2022 @ 9:07 am By Omar Faridi  |  

Binance.US supports “responsible” regulation of digital assets by state and federal officials and is “committed to transparency and consumer education,” explains the world’s largest crypto exchange. The statement arrived as the entire industry reviewed claims by the SEC that Coinbase (NASDAQ:COIN) had listed digital asset… Read More

July 27, 2022 @ 7:41 pm By JD Alois  |  

In the past week, CI has reported on the enforcement action initiated by the Securities and Exchange Commission (SEC), involving a former Coinbase (NASDAQ:COIN) manager and two partners regarding allegations of insider trading. According to the SEC’s complaint, non-public information was accessed prior to release,… Read More