Crypto-centered public companies record profit beating Q2 estimates
The rise in crypto prices, as well as non-trading revenues, became key to profitability for many of these companies. Go to Source
Coinbase
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Coinbase CEO says leaving US ‘not even in the realm of possibility right now’: Report
Brian Armstrong has previously suggested Coinbase might abandon the U.S. for a more crypto-friendly country, but also said the exchange was “100% committed” to the local market. Go to Source Powered by WPeMatico
‘The SEC has violated due process’ — Coinbase CLO on motion to dismiss lawsuit
Lawyers for Coinbase cited precedent from the SEC v. Ripple case, in which a judge ruled that the XRP token largely did not qualify as a security by the commission’s standards. Go to Source Powered by WPeMatico
Shiba Inu lead developer queries Coinbase’s ‘Onchain Summer’ campaign
Kusama responded to Coinbase’s CEO, Brian Armstrong’s update with the statement, “If it isn’t a shadowcat, it’s a copycat.” Go to Source Powered by WPeMatico
Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus
The company beat estimates while non-trading revenue beat trading revenue. Go to Source Powered by WPeMatico
Base launches mainnet bridge UI for end-users, sets Aug. 9 for official launch
Coinbase’s Base network began onboarding end-users through a bridge UI, and the team announced Aug. 9 as the platform’s official launch date. Go to Source Powered by WPeMatico
Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey
Armstrong confirmed that Coinbase was looking into adding support for Bitcoin Lightning while reassuring his support for Bitcoin payments. Go to Source Powered by WPeMatico
US defense bill may be ‘problematic’ for USDC and stablecoins: Analysts
A proposed U.S. national defense bill could subject stablecoins issuers to KYC and AML requirements they would be unable to comply with, said Berenberg analyst Mark Palmer. Go to Source Powered by WPeMatico
Base’s largest DEX LeetSwap halts trading amid exploit concerns
Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000. Go to Source Powered by WPeMatico
Coinbase CEO says SEC told it to delist everything but Bitcoin: Report
Brian Armstrong claimed SEC staff said all cryptocurrencies but Bitcoin are securities and requested the exchange delist all other cryptocurrencies. Go to Source Powered by WPeMatico