Coinbase Triumphs in Court Over Bit Global, Labels Justin Sun a Risk In a significant legal victory, Coinbase successfully defended itself against a lawsuit from Bit Global, a company associated with the controversial crypto figure Justin Sun, concerning the delisting of Wrapped Bitcoin (wBTC). Coinbase delists wBTC due to ties with Justin Sun Court dismisses […]
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Coinbase’s Legal Battle with FDIC Intensifies Over Alleged Deceit and Stonewalling “A picture of deceit, obfuscation, and bad faith is coming into focus at FDIC,” declares Paul Grewal, Coinbase’s Chief Legal Officer, as he fiercely accuses the Federal Deposit Insurance Corporation (FDIC) of not only failing to comply with Freedom of Information Act (FOIA) requests […]
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Coinbase’s Base Plans to Onboard 25 Million Users and $100 Billion in Assets by 2025 Coinbase’s Layer 2 network, Base, has set a bold 2025 roadmap, aiming to onboard 25 million users and manage $100 billion in assets. That’s like inviting the entire population of Australia to join their blockchain party! 2025 targets: 25 million […]
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Base Targets $100 Billion in On-Chain Assets by 2025 Coinbase’s layer-2 blockchain solution, Base, is shooting for the stars with a goal to manage $100 billion in on-chain assets by October 2025. Imagine a world where your digital assets move as swiftly as your thoughts — that’s the future Base is striving to build. $100 […]
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Coinbase Reintroduces Bitcoin-Backed Loans in the U.S., Tapping Into Growing Market Coinbase has relaunched its Bitcoin-backed loan service in the U.S., allowing users to borrow up to $100,000 in USDC using their Bitcoin as collateral. This move signifies a comeback from regulatory challenges in 2023 and positions Coinbase as a leader in the expanding Bitcoin […]
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US Judges Demand SEC Explain Refusal to Craft Clear Crypto Rules Amid Coinbase Lawsuit US Court demands SEC justify refusal to set clear crypto rules SEC labeled “unreasonable and inconsistent” in court ruling Coinbase’s case paused; heading to appeals court Timing of ruling coincides with end of Gary Gensler’s term A three-judge panel from the […]
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Coinbase’s Partial Win Against SEC: A Landmark Ruling Coinbase has secured a significant victory against the U.S. Securities and Exchange Commission (SEC) at the Third Circuit Court of Appeals, a decision that could reshape crypto regulations and challenge Gary Gensler’s leadership. Coinbase wins writ of mandamus against SEC Court criticizes SEC’s denial as “vague” and […]
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Coinbase Lists Peanut the Squirrel (PNUT) Meme Coin on Solana Blockchain – What You Need to Know From viral sensation to a cautionary tale, Peanut the Squirrel (PNUT) is the latest meme coin to hit Coinbase’s trading platform. This move underscores Coinbase’s embrace of the quirky side of crypto, while also spotlighting the volatile nature […]
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U.S. Court Grants Coinbase Rare Appeal in SEC Case Coinbase, the largest cryptocurrency exchange in the United States, has been granted a rare interlocutory appeal by Judge Katherine Polk Failla of the Southern District of New York. This significant move allows Coinbase to challenge the Securities and Exchange Commission’s (SEC) allegations that it operated as […]
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Coinbase Explores Tokenizing COIN Shares on Base Amid Regulatory Hurdles Coinbase, a leading cryptocurrency exchange, is considering a bold step: tokenizing its COIN shares for trading on its Base layer-2 network. This initiative, suggested by an investor on X known as CoinbaseDuck, aims to tackle the slow transaction times of traditional stock trading systems, which […]
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