Coinbase has offered to lend $50 million to Hut 8, one of the world’s largest publicly traded Bitcoin (BTC) mining firms, the latter firm said in a press release…. Read More: Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 ‘Halving’ Read more »Sign up for e-EUR – the progressive…
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After abandoning the Prime Trust deal, BitGo CEO Mike Belshe has said that there are several other acquisitions in the pipeline. In an interview with CoinDesk TV, BitGO CEO said that they have got more acquisition pending which the company has not been able to announce yet. Belshe predicted that there’s going to be consolidation…
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The US Supreme Court has ruled in favor of Coinbase, backing its request to halt customer lawsuits while it pursues appeals aimed at moving the disputes out of courts and into private arbitration. On Friday, five of the nine Justices voted in support of Coinbase’s request, overturning a lower court’s ruling involving a user who sued after a…
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The Winklevoss twins, founders of Gemini, a U.S.-based cryptocurrency exchange, have criticized the U.S. Securities and Exchange Commission (SEC) for its perceived anti-crypto stance and recent enforcement actions. In a recent interview, the Winklevoss twins commented that the regulatory environment in the U.S. felt like “third world, like Venezuela,” for builders in the crypto world.…
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The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23. The United States Supreme Court decided in favor of cryptocurrency exchange Coinbase on June 23 in a partisan opinion that will halt court proceedings against the company in two California cases. Plaintiffs in the…
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The market share of the U.S. subsidiary of Binance has declined amid an ongoing crackdown by America’s securities regulator. According to new data, leading U.S. crypto exchange Coinbase, also sued by the Securities and Exchange Commission (SEC), is taking a hit, too. Binance US Market Share Drops to 1.5%, According to Kaiko The litigation with…
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Former Chief Tech Officer at Coinbase, Balaji Srinivasan, took to Twitter to remind his followers about Jared Bernstein’s earlier stance on de-dollarization. The angel investor sees logic in views that the new White House top economist has now abandoned, on the U.S. dollar’s status as a global reserve currency . Not a Bitcoin Maximalist —…
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Cathie Wood recently added to her fund’s position in Coinbase Global stock and reiterated her call for a $1 million Bitcoin price. Is this in line with analysts’ expectations? In an interview with Bloomberg, ARK Invest CEO and chief investment officer Cathie Wood recently discussed why her flagship fund, Ark Innovation (ARKK), is adding to its…
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Ripple CEO Brad Garlinghouse has blasted the enforcement approach of the U.S. Securities and Exchange Commission (SEC) after the release of the Hinman docs, which contain internal discussions that the institution had before the now famous 2018 speech offered by former SEC Division of Corporation Finance Director William Hinman. Garlinghouse stated that while he was…
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Cameron Winklevoss, a co-founder of Gemini, a U.S.-based cryptocurrency exchange, criticized the U.S. Securities and Exchange Commission’s (SEC) posture regarding cryptocurrency regulation. Winklevoss stated that the SEC laws written in 1933 are obsolete today, and their application would mean that the crypto industry will leave the U.S. behind. Cameron Winklevoss Believes SEC Securities Laws Are…
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