Coinbase Aims to Make Your Phone Your Bank: CEO Brian Armstrong’s Vision for Crypto Future

Coinbase CEO Brian Armstrong revealed at the recent State of Crypto Summit that it plans to turn your phone into a bank. Speaking in an interview with CNBC, Armstrong shared insights on the demand for crypto and Coinbase’s plans to…

Coinbase Sees Shifts in Digital Assets Amid Market Growth

Coinbase Global Inc. has witnessed significant shifts in the digital asset landscape over the past few years. As the largest US cryptocurrency exchange, its journey from the volatility of the 2021 bull run to the more mature and stable market…

Coinbase Sued for Securities Violations and Illegal Business Practices

Coinbase faces a class-action lawsuit alleging securities violations and an illegal business model. The lawsuit claims that Coinbase knowingly violated state securities laws through its digital asset sales. Tokens targeted in the lawsuit include Solana, Polygon, Near Protocol, Decentraland, Algorand,…

Coinbase Faces New Class Action Lawsuit Alleging Violations of State Security Laws

In a recent development, Coinbase, a US-based cryptocurrency exchange, finds itself embroiled in a new class-action lawsuit filed in the Northern District of California. The plaintiffs contend that Coinbase has knowingly and intentionally violated state security laws by offering and…

Coinbase Surges in Q1 with Higher Revenue and Profit Amid Crypto Rise

Coinbase Global Inc. reported a remarkable surge in revenue and net income for the first quarter, significantly outperforming analysts’ expectations. This performance marks a strong turnaround from previous losses, driven by increased interest in cryptocurrencies and higher trading volumes. Looking…

Coinbase recieves $2.1B worth of Seized Bitcoin from the US Government

Key Highlights: The US government recently initiated a significant transfer, moving 30,174 Bitcoin valued at $2.1 billion, seized from Silk Road, to Coinbase. This transfer, observed on Tuesday morning, marks a crucial step in the handling of digital assets seized…

Brian Armstrong Highlights Need for Infrastructure Improvements at Coinbase Following Disruptions

In a recent statement, the CEO of Coinbase, a leading cryptocurrency exchange, highlighted the critical need for upgrading the exchange’s infrastructure following a series of disruptive outages. This revelation comes as a wake-up call to the industry, shedding light on…

Bitcoin ETF Surge Raises Concerns for Coinbase Future, warns Chris Grisanti of MAI Capital – Is it Time to Stay Away?

The recent surge in Bitcoin ETFs has brought forth a wave of concerns, particularly for major players like Coinbase. Chris Grisanti, Chief Equity Strategy at MAI Capital Management, shares insights into the challenges and opportunities facing Coinbase despite this shift.…

Coinbase Poised for $103M Q4 Profit, Defying $16M Loss Forecasts

Coinbase Global Inc., Cryptocurrency exchange in the United States, is poised to deliver a surprising twist to Wall Street by achieving profitability for the first time in two years. With Bitcoin’s recent resurgence and strategic cost-cutting measures implemented during the…

Crypto Deposit Woes: How Chase Bank’s Blockade Stifles Bitcoin Investment Opportunities

Recently, a tweet by @ki_young_ju on X (formally Twitter) sheds light on the challenges faced by cryptocurrency investors attempting to invest in Bitcoin. Particularly through platforms like Coinbase.  So, the restrictive measures imposed by Chase Bank have triggered concerns about…