Coinbase’s $420 Billion Leap: Outshining Traditional Banks and Envisioning the Future Coinbase, a leading centralized cryptocurrency exchange, has reached a monumental milestone by managing over $420 billion in digital assets for its users, surpassing the assets under management (AUM) of the 21st largest bank in the U.S. Coinbase’s AUM exceeds $420 billion, outpacing the 21st […]
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Judge Rejects Coinbase’s Defense, Allowing Investor Lawsuit to Proceed in New York A U.S. federal judge has thrown a wrench into Coinbase’s plans, rejecting the cryptocurrency exchange’s defense that it is not a “statutory seller” under federal law. This ruling allows an investor lawsuit to move forward in New York, alleging that Coinbase sold 79 […]
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Coinbase Fights for Prime Trust Customers in Bankruptcy Showdown Coinbase has boldly stepped into the ring to protect Prime Trust customers’ assets amid the custodian’s bankruptcy filing, showcasing the critical need for legal safeguards in the volatile world of crypto. Coinbase files to protect customer assets in Prime Trust bankruptcy Prime Trust faces $82 million […]
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FDIC’s “Operation Choke Point 2.0” Exposed: A Turning Point for Cryptocurrency Banking? Imagine waking up to find your bank account frozen, not because of any wrongdoing on your part, but because you dared to engage with cryptocurrencies. This nightmare scenario became a reality for many crypto clients, thanks to what’s been called “Operation Choke Point […]
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Coinbase Urges US Regulators to Clear Path for Banks in Crypto Market Coinbase, a leading US-based cryptocurrency exchange, is pushing for clearer regulations in the US to enable banks to offer cryptocurrency custody and trading services, while celebrating recent progress in the UK. Coinbase urges US regulators for regulatory clarity Approval from UK’s FCA makes […]
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Coinbase’s Paul Grewal to Confront ‘Operation Chokepoint 2.0’ in High-Stakes Congressional Hearing Paul Grewal, Coinbase’s Chief Legal Officer, is set to take the stage in a pivotal hearing on “Operation Chokepoint 2.0,” a term coined to describe alleged regulatory efforts to restrict cryptocurrency firms’ access to banking services. Alongside Fred Thiel of MARA Holdings, Grewal […]
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Coinbase Acquires Spindl to Revolutionize Onchain Advertising and Expand Base Ecosystem Coinbase has strategically acquired Spindl, an onchain advertising and infrastructure platform, to enhance the visibility of projects on its Ethereum layer-2 network, Base. This acquisition aims to bolster onchain advertising and expand the Base ecosystem, signaling Coinbase’s ambition to delve into tokenized assets. Coinbase […]
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Coinbase to Launch Solana Futures in 2025: A Bold Move in a Bullish Market Coinbase is set to shake up the crypto derivatives market by announcing its plan to list Solana (SOL) futures on its Coinbase Derivatives platform, with trading set to begin on February 18, 2025. This strategic move not only highlights the growing […]
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Coinbase Bolsters Advisory Council with Trump’s Campaign Manager, Eyes Global Expansion Coinbase has made a strategic move by adding Chris LaCivita, President Trump’s co-campaign manager, to its global advisory council. Alongside LaCivita, the council now includes former U.S. Senator Kyrsten Sinema, ex-Fed President Bill Dudley, and financial expert Luis Alberto Moreno. This comes after Coinbase […]
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We Need to Talk About Coinbase: The Giant’s Struggles With a total value of $75 billion, Coinbase stands tall as a leader in the North American crypto exchange landscape. Yet, its journey is marred by recurring operational challenges that raise questions about its infrastructure and commitment to the ethos of blockchain technology. Total value: $75 […]
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