Tag Archives: coinbase

The largest United States cryptocurrency exchange, Coinbase, has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for failing to comply with information requests in closed crypto cases. According to filings at the United States District Court for the District of Columbia, Coinbase seeks to compel the SEC and FDIC to comply with the Freedom of Information Act (FOIA) to respond to information requests from...

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The Singapore-based cryptocurrency exchange Bybit has overtaken its rival, the U.S.-based Coinbase, to become the second-largest digital asset trading platform after Binance. According to a press release citing a report from crypto analytics platform Kaiko, Bybit’s market share has surged from 8% to 16% since October 2023, while Coinbase’s share increased by 1% over the same period. Due to the steady growth, Bybit surpassed Coinbase in March to become the second-largest...

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Coinbase Ethereum layer-2 network Base has clinched a new record in terms of the number of daily active users on decentralized exchanges (DEX), reaching 270,000 on June 17th. Compared to the previous day, the figure jumped by approximately 9%. Uniswap Dominates Base With 85% User Share According to data compiled by Dune Analytics, with the latest all-time high of active users, Base-powered decentralized exchanges have now surpassed BNB Chain. The Layer 2 network is now behind...

CoinspeakerBrazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information  Despite the lack of a clear regulatory framework, the government still wants to know how Binance, Coinbase, Kraken, OKX, and other exchanges registered outside of its border conduct their businesses within the country. Brazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information 

In a report released earlier this week, Coinbase expressed concerns over the declining crypto talent in the US amidst the ongoing increase in general corporate interest. The largest US exchange highlighted the need for regulatory clarity around the crypto realm to keep the talent within the country. Declining Developer Talent in the US Coinbase notes a significant decline in US-based crypto developers, down by 14 points over the past five years to just 26% today. Top Fortune...

On June 5, Coinbase CEO Brian Armstrong reported that one million people have joined ‘Stand With Crypto’ as advocates for the industry, adding, “That’s a lot of voters!” He continued to state that 600,000 of these advocates joined after a Whitehouse veto threat, “and thousands mobilized around the back-to-back historic, bipartisan wins in the House and Senate.” “Crypto is non-partisan and momentum for pro-crypto policy in America has never been stronger.” As of today, 1...

In a shift within the cryptocurrency exchange landscape, HTX has surpassed Coinbase in spot trading volumes for the first time. This milestone was announced by Justin Sun, the founder of the TRON blockchain and a global advisor for HTX, via a post on the social media platform X on May 27. Sun Declares it’s ‘Just the Beginning’ Sun outlined the significant milestone, affirming that HTX has surpassed Coinbase in spot trading volume for the first time. He expressed confidence in...

CoinspeakerCoinbase Derivatives to Launch Oil and Gold Futures Contracts Coinbase has not limited its expansion to products and services alone as it equally pursues diversification outside the United States where it has faced several legal challenges. Coinbase Derivatives to Launch Oil and Gold Futures Contracts