Coinbase Forms Crypto Lobby Group to Influence US Policies
Coinbase has announced the formation of a lobby group to advocate for clear and favorable crypto policies in the US. The Stand with Crypto Alliance group aims to unite the crypto community and influence lawmakers and regulators to modernize the financial system and protect consumers. The alliance was launched in response to what Coinbase has […]
Coinbase App is Broken for User Experience – CEO
Coinbase CEO Brian Armstrong, has revealed how “broken” the Coinbase app is for user experience, and he has said the next two weeks will see rapid updates of the app. Armstrong wrote on X (Twitter) on August 13 that several pain points have manifested during “Onchain Summer” — a multi-week festival of product launches, brand […]
Voyager Transfers Huge Amount of Cryptocurrency to Coinbase
Voyager, a cryptocurrency company, recently sent digital assets to Coinbase to fulfill financial commitments. The transfer included 1500 Ether (ETH) valued at $2.77 million and 250 billion SHIB tokens valued at $2.7 million. This move comes as Voyager continues its operations, shifting tokens from auxiliary addresses to principal ones. Despite facing financial challenges, Voyager successfully […]
Base Layer-2 Network hits 136,000 Daily Active Users
Coinbase’s layer-2 blockchain Base surpassed 100,000 daily active users for the first time just one day after the network’s official launch and now ranks fourth among layer-2 network solutions in terms of daily transactions per second. Over 136,000 daily users, the highest daily number in its brief history, was recorded by Dune Analytics on August […]
Coinbase Asks U.S. Federal Judge to Dismiss SEC’s Lawsuit
Coinbase has asked the court to dismiss the Securities and Exchange Commission (SEC) complaint against them. The cryptocurrency exchange argues that it doesn’t offer investment contracts, and the SEC’s claims go against established legal interpretations. The SEC accused Coinbase of violating securities laws, but the exchange’s lawyers claim the agency disregarded its prior interpretations and […]