Cathie Wood is the celebrity CEO of the investment platform Ark Invest. She is often known for her rather spontaneous decisions regarding the investment market. It seems the investment firm is making some changes to its strategies. Apparently, they are…
Coinbase Confronts SEC Over Regulatory Ambiguity in Crypto Space: A Legal Tussle That Could Shape the Future of Digital Assets
Summary: In an escalating legal dispute with the U.S. Securities and Exchange Commission (SEC), Coinbase, a prominent cryptocurrency exchange, has expressed its frustration over the regulator’s evasive responses. The conflict arose from the SEC’s failure to provide clear answers to…
SEC’s Sues Coinbase Over Alleged Securities Violations, stock drops over 21% Premarket – A day after SEC sues Binance
The U.S. Securities and Exchange Commission (SEC) has initiated a lawsuit against cryptocurrency exchange Coinbase, alleging that the company has been operating as an unregistered broker and exchange. The lawsuit, filed in New York federal court, demands that Coinbase be…
Coinbase’s Strategic Move: Introduction of Bitcoin and Ethereum Futures Contracts for Institutional Investors
In a strategic move to cater to the needs of institutional investors, Coinbase Derivatives Exchange has announced its plans to roll out Bitcoin (BTC) and Ether (ETH) futures contracts. This announcement comes amidst the ongoing regulatory challenges faced by the…
Eye-opening Scenario for Crypto Exposed by Ex-Coinbase CTO
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…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
