Tag coinbase
Coinbase moves to seek dismissal of SEC Suit
key takeaways: In a bold move to protect its reputation and industry standing, Coinbase, one of the world’s leading cryptocurrency exchanges, has decided to seek the dismissal of the lawsuit filed against it by the U.S. Securities and Exchange Commission…
Millions in Crypto Stuck in Large Bridge Contracts: Arkham Report
Key Takeaways The latest report by Arkham Intelligence has revealed that millions of dollars of worth of crypto belonging to heavyweights in the crypto space are stuck in DeFi bridge contracts A wallet that received 50 Ether (ETH) from Ethereum…
Pro-crypto lawyer John Deaton To Appear as Amicus Curiae for Coinbase customers
Key Takeaways Crypto advocate and lawyer John Deaton has extended support to Coinbase customers amidst the exchange’s legal tussle with the U.S. Securities and Exchange Commission (SEC). Deaton, known for championing cryptocurrencies, has filed a request to serve as amici…
Coinbase Request Appeal Over SEC’s Digital Asset Classification
Key Takeaways Cryptocurrency exchange Coinbase is escalating its legal battle with the U.S. Securities and Exchange Commission (SEC) by filing for an interlocutory appeal in federal court. The appeal aims to challenge a crucial aspect of the case concerning the…
Coinbase Granted Restricted Dealer License in Canada
U.S. Government Transfers $2B Bitcoin from Silk Road to Coinbase: Report
Key Takeaways In a major development, the U.S. government has reportedly executed a substantial transfer of Bitcoin to a wallet associated with Coinbase. This transaction, occurring on a Tuesday morning, involved the movement of approximately 30,175 Bitcoin, which, at the…
Coinbase To Offer $1 Billion Convertible Senior Notes to Repay Debt
Key Takeaways Coinbase Global Inc. unveiled its plan to issue $1 billion in convertible senior notes aimed at repaying existing debt and funding general corporate activities, according to a statement released on Tuesday. The notes, set to mature in 2030,…
Coinbase Secures Green Light for Crypto Futures Trading in the US
Key Takeaways: In an unforeseen development for the cryptocurrency world, Coinbase, a leading digital currency exchange, has received regulatory approval to introduce crypto futures trading within the United States. This decision comes as a result of Coinbase’s successful engagement with…
Coinbase Asks Court to Reject Use of Default Judgment Ruling in SEC Lawsuit
Key Takeaways Coinbase’s legal battle with the U.S. Securities and Exchange Commission (SEC) has taken another turn as the cryptocurrency exchange challenges a previous judgment that classified secondary sales of crypto assets as “securities transactions.” Lawyers representing Coinbase have urged…