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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 and multi-chain support. Coinbase Introduces ‘Smart Wallets’ On June 5, 2024, Coinbase introduced its “smart wallets” … Read more
Coinbase has joined Andreessen Horowitz and Ripple in donating $25 million to the crypto-focused super PAC ahead of the United States elections. Go to Source
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 votes. Armstrong also mentioned Coinbase’s recent $25 million contribution to the Fairshake Super PAC, … Read more
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 are unworkable for digital asset firms, lacks reasoned decision-making. Grewal asserts that the … Read more
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 at $2.7 billion in the past two months. Coinbase, Binance, and … Read more
Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset industry. The case underscores the ongoing tensions between regulators and the digital asset sector over compliance and operational standards. Coinbase … Read more
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, Offchain Labs, Red Balloon Security, Ribbit Capital, Solana Foundation, and Trail of Bits. Its mission is to foster collaboration … Read more
Coinbase is lagging behind HTX and Bitrue exchange, with around $2 billion in spot trading volumes. Go to Source
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 victims’ cryptocurrency to their own wallets. Guilty Plea in $37M Coinbase Crypto … Read more
As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission (SEC), recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset regulation. This past week, legislators passed comprehensive digital asset legislation aimed at curbing the SEC’s expansive jurisdiction claims. As Coinbase … Read more