Coinbase

SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023

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2023 is shaping up to be a painful year for the U.S. Wertpapier- und Börsenkommission (SEK) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce…

Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens

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Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to…

Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base

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The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (Die Kryptowährungsbörse Coinbase kündigte an, dass die Plattform nun Cardano-Staking-Dienste ermöglichen wird) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively…

Coinbase CEO Urges Congress to Pass Clear Crypto Legislation — Warns America Risks Losing Financial Hub Status

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Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s…

Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market

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As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 Milliarde, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value…

US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase

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A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A…

Matrixport schließt sich der wachsenden Liste von Krypto- und Blockchain-Unternehmen an, die Mitarbeiter entlassen

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The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” und “industry-wide capitulations” as reasons…

Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’

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According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 Milliarde. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX’s turbulent…

Support for Ripple Grows in SEC Lawsuit Over XRP — CEO Says ‘It’s Unprecedented’

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Support for Ripple Labs in its fight against the U.S. Wertpapier- und Börsenkommission (SEK) over xrp has grown, mit 12 amicus briefs filed. “Es’s unprecedented,” Ripple CEO Brad Garlinghouse said, adding that each brief explains in its own unique way…

Crypto Exchange Coinbase Files Amicus Brief to Support Ripple in SEC Lawsuit Over XRP

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Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Wertpapier- und Börsenkommission (SEK) lawsuit over xrp. Coinbase’s support is seen as a significant step in the case given that the crypto exchange was…