A judge in New York has approved a joint request from the SEC and Coinbase to settle dates for opening briefs and all subsequent responses. The latest development in the lawsuit of the United States Securities and Exchange Commission (SEC) versus cryptocurrency exchange Coinbase comes as a date is confirmed for the two parties to…
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Worldcoin, the decentralized ID and wallet protocol, has migrated its operations to Optimism, an Ethereum L2 scaling layer. With this move, Worldcoin aims to prepare for its future launch, taking advantage of the scalability features that its deployment on Optimism brings, including migrating user accounts and bringing Uniswap support to the World App. Worldcoin Migrates…
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As many as 8 billion people will become crypto and blockchain users over the next decade, according to Coinbase protocols lead Jesse Pollak. Speaking with Decrypt during the EthCC conference in Paris on Wednesday, Pollak said that although crypto adoption has grown rapidly in recent years, there is still lots more to come…. Read More:…
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Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The aggregate worth of these prominent digital assets, considered securities, currently amounts to $98 billion, making up over 8% of the cryptocurrency…
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Coinbase’s “Earn” program is particularly vulnerable to regulatory action following the recent ruling in the case between Ripple and the US Securities and Exchange Commission (SEC), a report from investment firm Berenberg Capital has warned. In the report, the firm said the risk for Coinbase is that Earn, a program where retail users can stake certain…
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The major US-based crypto exchange Coinbase is still facing pressure from the Securities and Exchange Commission (SEC), despite the recent win in court for Ripple. According to a new report from investment firm Berenberg Capital, Coinbase’s “Earn” program is now particularly vulnerable to regulatory action, given that the staking rewards offered as part of the…
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The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities. Brian Armstrong, the CEO of United States-based cryptocurrency exchange Coinbase, is reportedly planning to meet with members of Congress to discuss digital asset legislation and related issues. According to a July 17 Bloomberg…
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Southern District of New York judge Katherine P. Failla called to attention the U.S. Securities and Exchange Commission’s (SEC) approval of Coinbase’s Initial Public Offering (IPO), hinting that the agency could have been more thorough. Failla expressed skepticism about the SEC’s posture that approving the Coinbase S-1 form to go public meant “nothing,” stating that…
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Investment management firm ARK Invest has started accumulating Meta and Robinhood shares while selling more Coinbase shares. On Friday, the company offloaded 478,356 Coinbase shares valued at $53 million as the crypto exchange’s stock prices reached a 52-week high…. Read More: ARK Invest Bets Big on Meta Platforms and Robinhood, Reduces Coinbase Position Read more »Sign up for e-EUR – the progressive stablecoin
Cathie Wood’s Ark Invest sold 478,356 Coinbase shares valued at $53 million on Friday as the crypto exchange’s stock prices reached a 52-week high. This is the second time Cathie Wood-led investment management firm offloaded Coinbase shares within a week. As reported earlier, Ark Invest sold 135,152 Coinbase shares worth $12 million on July 11…
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