Tag: Coinbase
Coinbase and MicroStrategy Surge as Bitcoin Price Hits $59k – CoinJournal
Coinbase and MicroStrategy stocks have experienced a significant increase, rising by 6% and 7% respectively, as the price of Bitcoin surged above $59,000. This positive movement in the market on August 8th saw Coinbase...
SEC Pushes Back Against Coinbase’s Discovery Requests
The US Securities and Exchange Commission (SEC) has recently filed a motion opposing Coinbase's request for additional discovery in their legal dispute. The SEC argues that Coinbase's demands for documents are excessive and irrelevant...
SEC Seeks to Deny Coinbase’s Subpoena Request in NY Court
The U.S. Securities and Exchange Commission has raised concerns about Coinbase's extensive subpoena requests targeting agency Chair Gary Gensler's records. The SEC accused Coinbase of overreaching in its attempts to gather information related to...
Coinbase Reports Strong Q2 Revenue of $1.45 Billion Despite Transaction Decline
Coinbase recently announced their strong second-quarter revenue of $1.45 billion, surpassing market expectations despite a decline in transaction revenue. This is a significant improvement compared to the same period last year when their total...
Building a Blockchain-Based Professional Network: Coinbase and Google Veterans Secure $5M
Icebreaker, a new professional networking platform co-founded by former employees of Coinbase and Google, has successfully raised $5 million in a seed round to develop a blockchain-based alternative to LinkedIn. The funding was led...
Coinbase Launches Tokenized Money-Market Fund Following BlackRock’s BUIDL Success
Coinbase Asset Management is venturing into the world of tokenized money-market funds, as reported by four sources familiar with the initiative. This move comes amidst a growing trend in the crypto space towards tokenization...
Track Your Personal On-Chain Wallets with Coinbase’s New Web App
Coinbase has announced the launch of a new app that will allow users to easily track all of their on-chain wallets in one place. This move is part of the company's ongoing efforts to...
Genesis Trading Transfers 12.6k BTC to Coinbase for Asset Liquidations
Genesis Trading recently made a significant move by transferring 12,600 Bitcoin (BTC) to Coinbase, totaling about $719.9 million. This transfer comes after a legal settlement with the State of New York, requiring Genesis to...
Bitcoin Price Volatility: US Transfers $240M in Bitcoin to Coinbase Address – CoinJournal
The US government recently transferred 3,940 Bitcoin, valued at $240 million, from a wallet linked to a Silk Road vendor to a Coinbase Prime wallet address. This move has raised concerns among traders about...
Coinbase Declines to Facilitate Ocean-Fetch AI Merger
Coinbase recently made a statement declaring that it will not be facilitating the merger between Ocean Protocol (OCEAN) and Fetch.ai (FET) related to the Artificial Superintelligence Alliance (ASI) token merger. Instead, Coinbase plans to...