In the past week, at least three Coinbase users have fallen victim to scammers impersonating Coinbase representatives, with one person reportedly losing over $1 million. On July 7, Tegan Kline, co-founder of Edge & Node, shared an incident involving a “good friend.” According to Kline, the scam began with a ...
Cryptocurrency exchange Coinbase has filed a lawsuit against two U.S. federal agencies, the Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC), for allegedly failing to comply with its Freedom of Information Act (FOIA) requests. The complaint, which was filed today, June 27, 2024, at the U.S. District ...
Michael Novogratz's digital bank Galaxy Digital is on track to become the leading validator in the Solana network, overtaking Coinbase as the largest validator. This development, first highlighted by Helius CEO Mert Mumtazin in a recent social media post, represents a significant shift in the blockchain validation landscape. According to ...
Cryptocurrency trading platform HTX, previously known as Huobi, has surpassed US-based exchange Coinbase in spot trading volumes. Tron founder Justin Sun, an adviser to HTX and a significant asset holder on the platform announced the milestone on X on May 27. "For the first time, @HTX_Global has more spot ...
The price of Friend. tech's token took a significant hit today, dropping over 29%, after the platform's co-founder, known pseudonymously as Racer, hinted at leaving the Ethereum Layer-2 network Base. This sudden decline follows Racer's social media posts, now a deactivated account, expressing dissatisfaction with their relationship with Base, a ...
Following a significant system outage and recovery earlier today, Coinbase users have expressed their ongoing frustration as they continue to encounter difficulties withdrawing their funds on the platform. The outage, which left users unable to access the platform from any device in the early hours of the day, was swiftly ...
Coinbase experienced a significant setback earlier today, May 14, 2024, when it encountered a "system-wide outage" that made its services inaccessible to users on both desktop and mobile platforms. However, as indicated on its status page, the crypto exchange’s website and other platforms, including mobile apps, are now fully operational. ...
BlockFi, a cryptocurrency lending platform which declared bankruptcy after the collapse of FTX in November 2022, is now in the final stages of winding down its operations. The company has announced plans to cease its web platform operations by May. To assist clients in accessing and withdrawing their funds, BlockFi ...
Investment bank and broker-dealer, Keefe, Bruyette & Woods (KBW), has revised its current price projection for Coinbase's stock by over 40%. In its latest research report, the bank raised its year-end price target for the American crypto exchange from $160 to $230 while maintaining its market-performing rating. KBW highlighted Coinbase's ...
Coinbase, Andreessen Horowitz (a16z), Electric Capital, and Ripple have donated tens of millions to the Fairshake Political Action Committee (PAC) with a collective goal of showing support for candidates who are favourable towards the crypto sector ahead of the upcoming U.S. elections. According to reports by Bloomberg, Coinbase CEO Brian ...
