July 11th, 2025
Coinbase News - Page 28
Coinbase-backed Base Set August 9 for Mainnet Launch after Successful Test with Dapp Developers
By Steve Muchoki
August 4th, 2023
To celebrate the launch of Base mainnet, Coinbase announced Onchain Summer will kick off on August 9 with over 50 leading brands led by Coca-Cola, Atari, and OpenSea.
Coinbase (COIN) Stock Dips 1% after Beating Analysts’ Expectations But Reporting Narrower Loss in Q2 2023
By Steve Muchoki
August 4th, 2023
Coinbase told shareholders that it is working towards improving its adjusted EBITDA in absolute dollar terms versus full-year 2022 as it navigates the uncertainty of regulatory scrutiny.
Bloomberg Analysts Raise Estimates for Spot Bitcoin ETF Approval in US to 65% by EoY
By Steve Muchoki
August 3rd, 2023
The US SEC is under pressure from several institutional investors – including BlackRock, Fidelity, WisdomTree, and Valkyrie – to approve a spot Bitcoin ETF.
Brad Garlinghouse Slams US SEC for Using XRP Quarterly Reports against Ripple in Lawsuit
By Steve Muchoki
August 2nd, 2023
Ripple announced the recent ruling has pushed it to shift its approach to XRP market transparency, particularly on the escrow holdings.
Coinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments
By Chimamanda U. Martha
August 2nd, 2023
While Coinbase is still planning to leverage the Bitcoin Lightning Network, the company’s rival Binance already completed the integration of the L2 network last month.
GameStop to End Crypto Wallet Support Due to ‘Regulatory Uncertainty’
By Darya Rudz
August 2nd, 2023
GameStop wallet was launched back in May 2022. Being a self-custodial Ethereum wallet, it allowed users to manage cryptocurrencies and non-fungible tokens.
XRP Price Can Hit $100-$500 in 4-7 months, Wells Fargo Treasury Manager Says
By Mercy Tukiya Mutanya
August 1st, 2023
Using Liquidity Strength as a key metric, the expert provided a detailed breakdown of her calculations before coming to her prediction.
Memecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls
By Steve Muchoki
July 31st, 2023
Some memecoin traders were lucky to make huge returns from a small investment while others were rug pulled with a promise of future return.
SEC Asked Coinbase to Delist All Cryptocurrencies Except for Bitcoin
By Chimamanda U. Martha
July 31st, 2023
Gensler has consistently stated that most cryptocurrencies, except Bitcoin, should be treated as securities.
UAE’s Crypto Mining Giant Phoenix Technology Considers Floating IPO in Abu Dhabi
By Tolu Ajiboye
July 28th, 2023
The prospective Phoenix Technology IPO is expected sometime this year in Abu Dhabi. However, there are no further details on size and price.
Eco Launches Cash-Like Crypto Wallet Beam Backed by a16z and Coinbase
By Bhushan Akolkar
July 28th, 2023
The Beam wallet has been designed atop Ethereum Layer-2 blockchains such as Coinbase’s Base and Optimism for facilitating faster crypto transactions at low cost.
US Federal Prosecutor Wants SBF Jailed before October Trial for Witness Intimidation
By Steve Muchoki
July 27th, 2023
New York Federal Prosecutor asked Judge Lewis Kaplan to jail former FTX boss SBF for crossing the line after giving journalists personal writings by Caroline Ellison.
UK Judge Asks Craig Wright to Pay Over Half-Million Dollars in Case against Coinbase, Kraken
By Bhushan Akolkar
July 26th, 2023
The UK Judge said that Craig Wright won’t be able to pay the legal costs while mentioning his previous inconsistent statements about his financial position.
Lawmakers Focusing on US Crypto Legislation Following Ripple Victory and Crypto ETFs, Says Coinbase CEO
By Tolu Ajiboye
July 25th, 2023
Armstrong said lawmakers are again looking to create crypto legislation in the US following Ripple’s court win and the increase in Bitcoin ETF applications.
Bank of America Highlights Uncertainty in Ripple vs SEC Ruling
By Godfrey Benjamin
July 24th, 2023
The recent court ruling in the Ripple Labs and SEC case has prompted Bank of America to reiterate its differentiation between the trading of blockchain-native crypto tokens and tokenized traditional assets.