Balaji Srinivasan, the former Coinbase Chief Technology Officer (CTO), has revealed a frightening scenario where crypto keys are hacked by government-sanctioned backdoor attacks. He pointed out a future possibility that bankrupt governments do not have enough Bitcoin to fund their…
Will Coinbase Integrate with the Popular Bitcoin Lightning Network?
Brian Armstrong, Coinbase CEO, tweeted that the Bitcoin Lightning Network is great and is something that can be integrated with the biggest exchange in the United States. Armstrong’s comment is an answer directed to another Twitter user who is asking…
Coinbase pauses USDC to USD for the weekend – Puts investors in worry
Coinbase temporarily pausing USDC:USD conversions over the weekend possibly due to its Circle’s Silicon Valley bank exposure USDC was one of the most trusted stablecoin and with Circle’s undisclosed exposure puts investors at risk. With no prior warning, Coinbase decided…
New Survey Shows 20% of Americans Own Cryptocurrency, With Bitcoin Leading the Way
Coinbase, one of the largest cryptocurrency exchanges in the world, recently conducted a national survey of 2,000 American adults to gauge the adoption and perception of cryptocurrencies in the United States. The results of the survey suggest that cryptocurrency ownership…
Currency Financial System doesn’t work for everyone – Coinbase CEO
Brian Armstrong, the co-founder and CEO of Coinbase, recently published an op-ed on CNBC titled “Offshoring Crypto Hurts the Financial System and America’s Geopolitical Standing”. In the op-ed, Armstrong raises the question of whether policymakers should enact real legislation in…
Voyager received more than 100M$ USDC from Coinbase in the past 3 days – Lookonchain
Voyager is selling its crypto assets thought Coinbase USDC as suggested by onchain data from Lookonchain. On July 5th, 2022, Voyager Digital Holdings, Inc. and two related debtors voluntarily submitted petitions for Chapter 11 bankruptcy protection under the U.S. Bankruptcy…
ARK Funds invest over $13 million in COIN stock, led by Cathie Wood
As per Cathie’s ARK’s daily investors update revealed that on Wednesday the 22nd, they acquired 213,519 shares of COIN (Coinbase) stock across their funds, with a total value of over $13 million based on the closing price of 61.18. The…
Coinbase Sets Ambitious Goal of One Billion Users, Shifts Focus to Regulation
Coinbase, one of the world’s largest cryptocurrency exchanges, has set its sights on achieving one billion users in the coming years. In order to do so, the company’s CEO, Brian Armstrong, has announced that his focus for 2023 will be…
Ark Invest Pumps up their Coinbase Stocks by $16 million, Degens Love It
Institutional investors are gradually warming up to cryptocurrencies, and Cathie Wood‘s Ark Invest’s recent acquisition of Coinbase stocks is the latest example of this trend. According to recent reports, Ark Invest acquired almost $16 million worth of Coinbase stocks in…
Former Coinbase Executive Admits to Insider Trading Scheme
A former product manager of Coinbase Global Inc., Ishan Wahi, pleaded guilty in what is being considered the first-ever insider trading case related to cryptocurrency. The 32-year-old appeared in a federal court in Manhattan and pleaded guilty to two counts…