The stock prices of various publicly traded companies and even that of cryptocurrency exchange Coinbase incurred a heavy decline on Friday morning. A less-than-bullish recommendation from Wells Fargo and critical remarks from renowned short-seller Jim Chanos contributed to the over 8% decline in Coinbase stock. The stock prices of several other publicly traded businesses that […] The post...
Veritaseum alleges Coinbase illegally used the patent for many of its blockchain infrastructure services to facilitate crypto payments, trading, and staking. Bitcoin exchange After being accused of violating a patent linked to its blockchain technology by blockchain-based software company Veritaseum Capital, Coinbase has found itself in legal trouble and is now suing for $350 million […] The post...
Coinbase gets into trouble with another lawsuit of patent infringement, among its other legal issues. A blockchain-based fintech software company in New York, Varitaseum Capital LLC, sued the crypto exchange for infringing its patent transfer technology for several exchange services. Reggie Middleton, the founder of Veritaseum, filed the patent infringement case against Coinbase in Delaware Federal court on Thursday. He alleged that Coinbase...
We’ll keep discussing the Tornado Cash situation because this is a watershed moment for the cryptocurrency industry. Lines are being drawn. The future of privacy for cryptocurrency-related operations is at stake. One could even say that the future of the industry as a whole is at stake. Does the cryptocurrency industry has a future without basic privacy tools like Tornado Cash? In any...
Amid deteriorating trade volumes on the exchange, Coinbase is now sued for patent infringement over crypto transfer technology. In a complaint filed on Thursday, Veritaseum Capital accused Coinbase of patent infringement. Veritaseum is a company that builds blockchain-based, peer-to-peer capital markets as software. It alleged that Coinbase's operations violate Veritaseum’s......
The stock price of crypto exchange Coinbase has dropped significantly on Friday after negative outlook by analysts. The COIN price is currently down 3.63% during the day, which is the lowest level in last two months. While the trade volume on the crypto exchange continues to fall, Coinbase is faced... Read more
Crypto exchange Coinbase replied to a report from The Wall Street Journal about an alleged new trading venture. Since its debut as a publicly traded company in the United States, the company’s stock has moved in tandem with the crypto market recording a 75% loss on its equity. At the time of writing, Coinbase (COIN) trades at $64...
Coinbase has denied allegations from The Wall Street Journal that it engaged in proprietary trading. The exchange said Sept. 22 that the WSJ had confused its client-driven activities with proprietary trading. Proprietary trading allegation The Journal...
Coinbase expands its European foothold with regulatory approval from the Dutch central bank.
Digital asset services provider, Coinbase today announced that it has secured regulatory approval in the Netherlands. The exchange has become the first major crypto trading services provider to register with the Dutch Central Bank.
According to the details shared by Coinbase, the latest...
Bitcoin immediately felt the impact of Wednesday's Federal Reserve interest rate increase and failed to gain upward traction. Other macroeconomic variables also contributed to the decline of the world's leading cryptocurrencies, including Ethereum and other significant cryptocurrencies. Bitcoin lost its grip on the critical $19,000 handle following the U.S. central bank's announcement. As of this writing, BTC is trading at $18,950, down 5.5%...
There were some big names in the crypto industry among the investors, like people from Coinbase, Anchorage, and Dapper Labs. Integral, a company that makes a platform for real-time accounting, said Tuesday that it had closed an $8.5 million funding round led by Electric Capital. The money was the first time the company had been […] The post Integral...
Brian Armstrong, CEO of America's largest exchange Coinbase, is concerned about crypto and blockchain technology moving offshore as the regulatory atmosphere in the U.S. breeds toxicity for the nascent industry. Armstrong raises concerns of the crypto industry moving abroad to thrive Brian Armstrong raised these concerns through his Twitter handle... Read more
In a heated debate, Eric Wall, crypto blogger and investor, and Justin Bons, founder and chief investment officer of Cyber Capital, discuss Bitcoin’s security model, whether there are fundamental flaws in its design, and which is the best consensus mechanism. Show highlights: why Justin stopped believing in Bitcoin and why he calls it “technically one of the worst cryptocurrencies” how Eric’s views on...
Since regulatory bodies around the globe are attempting to supervise the use of cryptocurrencies, officials are rigid in designing suitable policies for the nascent technology. And the ever-changing government rules have become a critical problem for crypto enthusiasts to comply with. In order to tackle this problem, Coinbase plans to include a political section in its app. Brian Armstrong, founder and CEO of...
Broadbridge's NYFIX order-routing network will be used by Coinbase. Ray Tierney, president of Broadridge Trading and Connectivity Solutions, says that the deal will help bring crypto trading to the institutional market. A press release says that the cryptocurrency exchange Coinbase (COIN) is working with the financial technology company Broadridge Financial Solutions (BR) to improve the […] The post...
Broadbridge's NYFIX order-routing network will be used by Coinbase. Ray Tierney, president of Broadridge Trading and Connectivity Solutions, says that the deal will help bring crypto trading to the institutional market. A press release says that the cryptocurrency exchange Coinbase (COIN) is working with the financial technology company Broadridge Financial Solutions (BR) to improve the […] The post...
With the 2022 midterms looming, Coinbase has started offering its users information about their local politicians and their positions on crypto policy. Coinbase Educating on Crypto Policy Coinbase keeps stepping...
The Merge is about to happen any moment now. That is when the Ethereum blockchain switches from the PoW to a PoS consensus mechanism. As a result, staking Ethereum was already popular, and will become more popular. So, various CEXs already offer ETH staking options and Coinbase is one of them. We expect the demand for staking ETH to increase. Did you know...
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