Coinbase announces a $1.5B bond sale
Coinbase announced on September 13 that it plans to raise $1.5 billion through a debt offering. The funds raised will be used to expand the company’s balance sheet, including potential investments and acquisitions of products or technology. Coinbase, a Nasdaq-listed cryptocurrency exchange , plans to use the funds raised to expand the company’s balance sheet, […]
Crypto Lobbyist gets $4 Million from Cartoon Lobster NFT DAO
Coin Center, a crypto lobbying group, will get 1,000 ETH. DAO has decided overwhelmingly to donate the $4 million in cryptocurrency it collected from the sale of 10,000 “Lobby Lobster” NFTs to the Washington crypto lobbying group Coin Center. The sale, which took place on August 5, sold out in less than an hour and […]
US SEC allegedly threatens to sue Coinbase over crypto yield program
In response to Brian Armstrong’s revelation that the SEC had threatened to sue Coinbase, the SEC stated, “They refuse to tell us why they believe Coinbase is a security and instead subpoena a bunch of records from us.” The Securities and Exchange Commission (SEC) of the United States has reportedly threatened to sue Coinbase over […]
Standard Chartered joins Global Digital Finance patron board
Standard Chartered joins companies such as Coinbase, Huobi, SIX Digital Exchange, and 100x Group in their efforts to promote the usage of digital currencies. An alliance of fintech companies and banks has been formed to accelerate the adoption of best practices in the cryptocurrency industry. Standard Chartered is a multinational banking corporation established in the United […]
Coinbase partners with Berlin International Gaming (BIG) E-Sports Organization
Coinbase has teamed up with Berlin International Gaming (BIG), a German e-sports group, to bring the worlds of gaming and cryptocurrency closer together. According to an official press release, the relationship will also include community events and digital activations. Coinbase’s collaboration with BIG comes after the exchange made significant regulatory progress in Germany. The German […]