Coinbase Stands Firm as SEC Case Advances, Wallet Claims Dropped
In a legal showdown with the SEC, Coinbase remains steadfast as the court allows the case to proceed, yet drops claims against the Coinbase Wallet, signaling a nuanced victory for the crypto exchange. In a pivotal legal development, US District Judge Katherine Failla has ruled in favor of the SEC’s right to continue its case against prominent […]
Coinbase Institutional Releases Bitcoin Halving Primer for Investors
Coinbase Institutional has published an investor primer ahead of the fourth Bitcoin halving, slated to take place in the middle of April. Miner payouts will be half from 6.25 to 3.125 bitcoin per block upon reaching the 840,000 block as part of the Bitcoin halving, which happens every four years or when mining every 210,000 […]
Coinbase Cautions of Base Network Congestion, High Fee Menace
Base Network customers are witnessing a high gas hike due to another round of Coinbase congestion that caused related outages previously. The Base Network has experienced a surge in transaction fees as a result of an additional Coinbase congestion saga, as stated in a published Status Update. Coinbase Congestion Causes High Gas Fees The American cryptocurrency […]
Ripple, Coinbase CLO Criticizes SEC for “Misleading” Courts
Ripple CLO Stuart Alderoty and Coinbase CLO Paul Grewal criticize the SEC for misleading courts in other lawsuits similar to the Debt Box case. In the Debt Box case, Ripple and Coinbase chief legal officers join the wider legal and crypto communities in condemning the U.S. Securities and Exchange Commission (SEC) for misleading the court and grossly […]
Coinbase to Offer $1 Billion in Convertible Senior Notes
Coinbase Global Inc., a Nasdaq-listed crypto trading firm, has disclosed its intention to issue Convertible Senior Notes with a face value of $1 billion. American cryptocurrency exchange, Coinbase Global Inc. intends to investigate convertible senior notes as a potential new capital-raising method. The Coinbase Convertible Senior Notes Coinbase alluded to its intention of issuing convertible senior […]