Coinbase’s International Move Sparks Community Reactions
Cryptocurrency exchange Coinbase has decided to launch an international platform in response to regulatory challenges in the United States. The move has ignited criticism and optimism from crypto community members. On May 2, the exchange announced the launch of Coinbase International Exchange (CIE), an institutional investor-focused crypto derivatives platform. The exchange will offer trading to […]
Coinbase Sues SEC Over Crypto ETF Application Delay
Coinbase has filed a lawsuit against the SEC for its “unreasonable” delay in responding to its application for a crypto-based exchange-traded fund (ETF). The exchange claims that the SEC is acting in bad faith and creating uncertainty for the crypto industry. Coinbase, the largest cryptocurrency exchange in the US, has taken legal action against the […]
Coinbase, Gemini set to bid on Celsius Network’s Assets
The assets of the insolvent crypto lender Celsius Network will be the subject of a bidding war between two new consortiums on April 25 in New York. The cryptocurrency exchanges Gemini and Coinbase are among the businesses taking part in the bids, according to reports and court documents. According to court records, one of the […]
Coinbase Prepares to Launch Base Mainnet Within 2023
Coinbase admission into Layer 2 seems to be progressing steadily toward a mainnet launch in the near future. In February 2023, a testnet version of the Ethereum Layer 2 network was released. Base was introduced as a platform that makes it simple for developers to create apps and integrate them for user convenience into the […]
Coinbase halts support for Signet Crypto payment platform
Customers of the cryptocurrency exchange Coinbase have been informed that the Signet payments service from Signature Bank will be discontinued until further notice. Brian Armstrong’s Coinbase cryptocurrency exchange has informed its users that Signet, the former’s real-time payment network, will be suspended permanently as a result of the recent closure of Signature Bank. The usage […]