Coinbase Aims to End Six-Day Slide Amid Market Recovery

Coinbase has recently experienced significant fluctuations in its stock price. Following a six-day losing streak, the stock is poised for a rebound as market averages recover from a global sell-off. In this article, we will explore the recent performance of…

Ark Invest Purchases $29 Million Shares of Robinhood and Coinbase After a $1.2 Trillion Liquidation

On Monday, the crypto market recorded massive liquidations reaching more than $1.2 trillion within a day. In this article, we will explore how Ark Invest purchased crypto stocks despite the massive liquidations and its significance. $1.2 Trillion Crypto Liquidations Image…

Coinbase Reports Profit with Revenue Doubling in Q2

Coinbase Global Inc., the leading US cryptocurrency exchange, has showcased remarkable financial performance in the second quarter of the year, driven by the ongoing recovery in the cryptocurrency market. This article delves into the financial details, revenue streams, and strategic…

Coinbase faces challenges and opportunities in Q2 results

Coinbase Global Inc. is navigating a challenging landscape as it prepares to release its second-quarter results. Despite expectations for significant revenue growth and a jump in profit, the largest US cryptocurrency exchange faces hurdles due to a drop in market…

Coinbase Unit Fined £3.5 Million for Compliance Failures by FCA

A unit of Coinbase Global Inc., CB Payments Limited, was fined £3.5 million ($4.5 million) by the UK’s Financial Conduct Authority (FCA) for offering cryptoasset trading services to high-risk customers. This marks the first action of its kind from the…

Coinbase Selected by US Marshals Service for Digital Asset Management

After an exhaustive evaluation process, the U.S. Marshals Service (USMS), a pivotal division within the U.S. Department of Justice, has chosen Coinbase Prime as its exclusive partner for managing and trading “Class 1” (large cap) digital assets. This partnership underscores…

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…