Coinbase (COINBASE) News

Bitcoin exchange Coinbase has applied NFA to register as a futures commission merchant (FCM). In the long term, the step will allow the company to obtain a CFTC license. In the United States, companies wishing to offer derivatives to clients must obtain a CFTC license. To do this, they usually need...

Leading cryptocurrency exchange Coinbase announced that it received a Wells Notice from the Securities and Exchange Commission. The regulatory agency warned the company against launching a product that would allow consumers to earn interest for their crypto holdings. A Wells Notice represents a...

The Glassnode team recorded a sharp drop in the number of bitcoins (BTC) on the Coinbase cryptocurrency exchange. According to researchers, the volume of digital currency on Coinbase is now at its lowest level since December 2017. Moreover, the outflow of coins had continued since May of this year,...

The CEO of the popular crypto trading platform Coinbase, Brian Armstrong informed about the board decision to add $500 M in crypto to the company's balance sheet. Also, the firm plans to invest 10% of the entire profit in crypto with the possibility to expand the amount. We recently received board...

Silicon Valley tech company Intel announced the purchase of 3014 Coinbase exchange stocks for around $800.000. The SEC filing shows that the deal was made before the end of June. Intel's investment in Coinbase indicates that the tech giant is positive about the future of crypto. The crypto exchange...

Leading crypto exchange Coinbase published a shareholder letter on August 10 reporting the results of the second quarter, 2021. The numbers are higher than estimates made by analysts. As Coinbase announced, the interval was strong with progress and diversification. The firm's net profit was $1.6 B...

The popular MakersPlace platform, whose activities are aimed at trading tokenized collectibles, announced the completion of the Series A funding round. According to reports, the project was able to raise about $ 30 million as part of fundraising. The trading platform is quite popular among...

Leading crypto exchange CoinBase stopped BSV trading after the recent attack. On August 3, after the news that the BSV protocol suffered a 51% attack, Coinbase reported about the decision. Hackers managed to reorg more than a dozen blocks and mine 3 chains at the same time. Although the Bitcoin...

The Securities and Exchange Commission (SEC) has not yet approved a single application for the launch of exchange-traded crypto funds Bitcoin ETF. The American regulator periodically postpones the publication of its decision on such applications and states that it needs additional time to assess...

Leading financial services firm Goldman Sachs shared its prediction about the Coinbase earnings in the second quarter of 2021. The bank's analysts included the exchange in the leading 25 tactical trades. This is a management style where the focus is generally on trends rather than long-term...

Leading cryptocurrency trading platform Coinbase has revealed plans to create a crypto app store presenting third-party developed products. On June 30, the company published a blog post, where Coinbase CEO Brian Armstrong shared the plans also talking about the path crypto and DeFi have been...

Bitcoin exchange Coinbase, listed on the Nasdaq, has received permission to provide crypto custody services in Germany. That is stated on the website of the country's Federal Financial Supervision Authority (BaFin). According to the announcement, the German subsidiary of Coinbase Germany GmbH is...

A former employee of the US Securities and Exchange Commission (SEC) Christian Sabella joined the Bitcoin exchange Coinbase. This was announced by the chief lawyer of the company Paul Grewal. According to the agency's website, Sabella has been with the agency since 2011. Before that, he served as...

American crypto exchange Coinbase announced the addition of a Visa debit card to Apple Pay and Google Pay throughout the United States (excluding Hawaii). In March 2020, the company added Google Pay support for Coinbase Card in European markets. A debit card converts Coinbase users'...

On May 17, crypto exchange Coinbase revealed its plan to boost $1.25 B by selling convertible bonds. The latter is a security offering that allows the purchaser to acquire shares or cash of common stock in the issuing company. In the case of Coinbase, the sale represents Convertible Senior Notes...

Brian Armstrong, the Chief Executive Officer of Coinbase, announced the listing of Dogecoin on the platform within six weeks. Armstrong informed the news during a call with investors and analysts arranged to discuss Coinbase Global's run in Q1, 2021. According to him, the listing will take place...

For the first time since 2017, the Coinbase app ranked #1 on the US App Store. Coinbase was named one of the ten most popular free apps on the App Store on the day of the Bitcoin exchange listing on the Nasdaq, April 14. As a reminder, Coinbase received more than 2,000 government requests in six...

Nasdaq-listed bitcoin exchange Coinbase has announced plans to become a predominantly telecommuting firm. The company has ditched its headquarters and is planning to close its former headquarters in San Francisco in 2022. By doing this, Coinbase aims to show workers that none of the locations will...