The exchange doesn’t feel the Bitcoin offshoot is meeting its obligations Coinbase has announced it will halt trading of Wrapped Bitcoin (WBTC) on December 19, 2024, due to the token no longer meeting its listing standards. This decision affects all trading on Coinbase platforms, including Advanced Trade, Coinbase Exchange, and Coinbase Prime. Users will still
Visa debit card users in the US and EU can now buy crypto more easily Coinbase and Visa have teamed up to make cryptocurrency transactions more accessible, allowing users with eligible Visa debit cards to instantly deposit and withdraw funds on the Coinbase platform. This collaboration is designed for US and EU customers, enabling them
This is the first crypto-related sponsorship to appear after the FTX debacle Coinbase has announced a recent sponsorship of the NBA’s Golden State Warriors, marking a significant move as crypto sponsorships in sports rebound following the collapse of FTX. This new deal fills a notable void left after FTX’s partnership with the Warriors ended in
The firm is demanding answers about why the government is suppressing cryptocurrencies Coinbase has taken steps to push for more transparency regarding the US government’s stance on cryptocurrency. The company filed two Freedom of Information Act (FOIA) requests aimed at uncovering how regulators are managing digital assets, particularly in the banking sector. Paul Grewal, Coinbase’s
Jesse Pollak has been tapped by Coinbase to develop its wallet program Jesse Pollak, the creator of the Ethereum Layer 2 blockchain Base, has officially taken on a leadership role at Coinbase. Pollak will now oversee Coinbase Wallet while continuing to lead the Base team. This move is seen as a step toward improving the
The cryptocurrency exchange is facing an uphill battle against the protected agency History Associates has united with cryptocurrency exchange Coinbase in a lawsuit against the US Federal Deposit Insurance Corporation (FDIC). They hope their combined efforts can force the agency to comply with a Freedom of Information Act (FOIA) request and release certain financial records.
The wallet will reportedly make it easier for crypto users to manage their funds Coinbase recently announced it is launching a smart wallet. The Coinbase Wallet will benefit customers through onboarding, removing gas fees and eliminating the need for recovery phrases. The crypto exchange’s new smart wallet will allow users to open a new wallet
The cryptocurrency exchange hasn’t yet explained why the platform suddenly went down The Coinbase cryptocurrency exchange suffered a major outage on May 14. No reason has been given for the system-wide shutdown that lasted over three hours, and many users are still unable to transfer funds on the exchange. Coinbase said it’s continuing its investigation into the incident. Coinbase announced
BlockFi will completely shut down, but users could be able to make claims through Coinbase BlockFi recently announced a new partnership with Coinbase to allow customers to make withdrawals from their accounts. The bankrupt crypto lender is in the process of shutting down its online platform, which will be completed in May. BlockFi was forced to file for bankruptcy
The cryptocurrency exchange reports it earned as much in Q1 as it did for all of 2023 Coinbase is reporting a significant resurgence in the first quarter of 2024. An upswing in market activity and the highly-anticipated launch of Bitcoin exchange-traded funds (ETFs) largely fueled the crypto exchange’s recent performance. In the first quarter, Coinbase
The cryptocurrency exchange isn’t violating the Securities Exchange Act as the SEC asserted Coinbase has gained a significant win in its ongoing lawsuit after the US Court of Appeals for the Second Circuit ruled in its favor, confirming that Coinbase’s secondary cryptocurrency sales are not in violation of the Securities Exchange Act. The recent ruling
Bitcoin’s next halving is coming soon, and over $1 billion has been moved off the exchange Coinbase’s Bitcoin holdings have been reduced to their lowest level in nine years after users transferred a large portion of their holdings from the exchange. A report from CryptoQuant indicates that 18,000 Bitcoin worth nearly $1 billion were moved
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