COIN

COIN

Finance

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.

(Daniel Bernard/ Unsplash)

Markets

Cathie Wood’s ARK Sells Grayscale Bitcoin Trust Holdings, Coinbase for Second Day

Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022.

Cathie Wood's Ark Invest has purchased more shares of Grayscale Bitcoin Trust. (Danny Nelson/CoinDesk)

Videos

Coinbase's Layer 2 Blockchain 'Base' Officially Goes Live, With Over 100 Dapps Deployed

Coinbase (COIN) announced that its new "Base" blockchain has gone live, heralding the start of a new era of public companies running their own distributed networks. "The Hash" panel discusses their outlook on the layer 2 blockchain and the crypto exchange's decision amid recent U.S. regulatory pressures.

Recent Videos

Videos

Coinbase Moves to Dismiss SEC Lawsuit, Claiming Crypto Is Out of Regulator's Oversight

Coinbase (COIN) has filed for judgement in its ongoing case against the U.S. Securities and Exchange Commission, alleging the regulator is stepping outside its jurisdiction with the lawsuit. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down Coinbase's arguments in its latest filing and how this compares to the SEC's other recent lawsuit against Ripple.

Recent Videos

Markets

Cathie Wood Says ARK Is ‘Taking Profits’ as It Sells $26M COIN

The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.

Cathie Wood, Exponential Africa Show screenshot

Videos

Coinbase Heads to Court Against the SEC

The U.S. Securities and Exchange Commission (SEC) is presenting its response to Coinbase's (COIN) first legal defense on July 13, according to a court order. "The Hash" panel discusses the latest developments in the legal battle, as the crypto exchange's lawyers argue that the Supreme Court's recent judgment on student debt cancellation may help with Coinbase's case.

CoinDesk placeholder image

Markets

Cathie Wood's ARK Sells $12M Coinbase Shares as COIN Nears Yearly High

ARK currently owns 11.03 million shares of Coinbase.

Cathie Wood, chief executive officer and chief investment officer, Ark Invest (Marco Bello/Getty Images)

Videos

Brian Armstrong Sees Coinbase Eventually Becoming a 'Super App' Similar to WeChat

Coinbase (COIN) CEO Brian Armstrong envisions that the exchange's platform will eventually become a global "super app" like the Tecent's WeChat. "The Hash" panel discusses Armstrong's vision for the platform, as well as the concerns around decentralization and privacy if the crypto exchange's interface does turn into a super app.

Recent Videos

Videos

Coinbase Praises Canada’s Crypto Approach Amid U.S. Regulatory Pressure

Crypto exchange giant Coinbase (COIN) says it loves Canada, where the rules have been set out and companies are able to engage with the regulators, compared with the United States' lack of clarity and regulation by enforcement for the industry. "The Hash" panel discusses the outlook for Coinbase and the wider implications for crypto exchanges amid intensifying regulatory pressure in the U.S.

CoinDesk placeholder image

Videos

Coinbase Newsletter Flags Growth of Pepecoin and BRC-20 Tokens, Irks Crypto Twitter

Crypto exchange Coinbase (COIN) flagged the growth of pepecoin (PEPE) and Bitcoin-based meme coins in its latest newsletter on Wednesday but riled up some of those on Crypto Twitter. "The Hash" panel discusses the latest developments in the meme coin economy.

Recent Videos