Coinbase debuted on the US stock market on April 14, 2021 — the same day US senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country’s top markets regulator. Gensler, who has called the crypto sector a “Wild West” riddled with fraud, is now embroiled in a battle with…
Bitcoin rallied in its value, starting last week, after investors flocked to the digital asset following the recent collapse of three centralised banks in the US. Former CTO of Coinbase, Balaji Srinivas, made a prediction that Bitcoin price will soar to a whopping $1 million (roughly Rs. 8.25 crore) in…
Coinbase has announced the launch of its Wallet-as-a-Service (WaaS) suite of offerings, expecting to add to the adoption of cryptocurrencies amongst the masses. This service will simplify the process of digital wallet onboarding for the next set of crypto investors. The crypto exchange is expecting to usher the next hundred…
Coinbase, one of the world’s largest crypto exchanges, has decided to delist the Binance USD (BUSD) stablecoin starting March 13. The decision comes in the backdrop of the BUSD token facing legal challenges in the US. Paxos, the stablecoin issuer that wholly owned and managed the Binance USD stablecoin is…
Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn’t been dominated by the latest gadget or innovation. Instead, layoffs are in the headlines. In the last year, more than 70,000 people globally have been laid off by Big Tech…
Coinbase on Wednesday announced that it has halted its operations in Japan. Crypto lenders and exchanges, struggling to emerge victorious of the ongoing crypto slump, are faced with drastic decisions to ensure that their businesses remain operational amid the ongoing crypto winter. Citing the ongoing challenges with the crypto market,…
The crypto sector, thriving in several parts of the world, was struck with several hack and scam attacks this year. Even a couple of days before the industrially quaky year of 2022 ends, news and warning around crypto crimes have made it to the headlines. This week, the private API…
Coinbase, the crypto exchange headquartered in the US, is expecting to imprint on the European market. The company has hired Cormac Dinan, the ex-general manager of the CryptoCom exchange to take up the job of Coinbase’s director in Ireland. Dinan is among the total of five new hirings, that Coinbase…
A new cryptocurrency wallet called Mara is ready for launch in the African markets of Kenya and Nigeria. This digital wallet is backed by Coinbase Ventures and Alameda Research, a Hong-Kong based private equity firm founded by Sam Bankman-Fried, the CEO of FTX crypto exchange. Mara is a digital financial…
Coinbase has found itself in legal trouble after blockchain-based software firm Veritaseum Capital filed a lawsuit in the US District Court in Delaware. Alleging that Coinbase has infringed on one of its patents, Veritaseum has asked for $350 million (roughly Rs. 2,850 crore) in damages. The patent in question is…
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