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 ...
Former British Finance Minister George Osborne has taken on the role of a global advisor at Coinbase, according to a new report from CNBC. Osborne, who served as Chancellor of the Exchequer from 2010 to 2016, brings a wealth of experience in economic policy to the cryptocurrency exchange. Coinbase Chief ...
Coinbase and Circle have announced a strategic restructuring of their partnership, ushering in a new chapter in the governance of the US Dollar Coin (USDC). In a joint blog post on August 21, 2023, the two companies unveiled a set of new terms that would reshape the governance and funding ...
On August 21, 2023, Coinrule announced a strategic partnership with Coinbase to integrate its suite of AI-automated trading tools into the crypto exchange's Advanced Trading services. According to Coinrule's announcement, its offerings include a range of features designed to empower traders with automated trading strategies, such as Profitable Bots, Live ...
In a strategic move to bolster its influence in the Canadian cryptocurrency market, Coinbase has introduced a new feature designed to streamline funding and withdrawal processes for local users. Through a strategic partnership with Peoples Trust Company, Coinbase has now integrated Interac e-Transfers® into its platform. Interac is a local ...
Coinbase has filed a motion seeking to dismiss the lawsuit brought against it by the U.S. Securities Exchange Commission (SEC). In a court filing submitted on August 4, 2023, the exchange accused the U.S. SEC of overstepping its jurisdiction. In June 2023, the SEC filed charges against the American crypto exchange ...
Coinbase's CEO, Brian Armstrong, has hinted that the American crypto exchange is actively working towards integrating the Bitcoin Layer 2 solution, the Lightning Network, into its platform. Armstrong revealed this during a series of Twitter exchanges between him and Jack Dorsey, the CEO of Block and former CEO of Twitter. ...
Coinbase is currently facing legal action from the United States Securities and Exchange Commission (SEC) over its failure to register as a broker. However, before the SEC took legal action, the regulatory body instructed Coinbase to remove all cryptocurrencies from its platform, with the exception of Bitcoin. Brian Armstrong, the ...
