Coinbase
Is Kamala Harris Accepting Crypto Donations? NYAG Subpoenas VC Giants About Uniswap
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Coinbase spokesperson clarifies the crypto donations accepted by the Future Forward USA PAC, a major source of support for Harris. Plus, Robinhood Crypto faces $3.9 million settlement with the state of California and the NYAG office sent subpoenas to VC firms including a16z and Union Square Ventures about Uniswap.
Kamala Harris Is Not Directly Accepting Crypto Donations, a PAC Is, Coinbase Says
A spokesperson for Coinbase said the Future Forward PAC, which is dedicated to supporting Kamala Harris, is accepting crypto donations, rather than her campaign directly.
Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase
The institutional real-world asset lending market combines Coinbase’s layer-2 network, Base, and Morpho Vaults using three varieties of tokenized Treasury bills.
South Korea's Pension Fund Snaps Up Nearly $34M MicroStrategy Shares
NPS also holds over $45 million worth of Coinbase shares.
Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain
Tweets from the crypto exchange and Jesse Pollak, the creator of Base, suggest cbBTC could run on the layer-2 blockchain.
Do Kwon’s Extradition Postponed Yet Again; Coinbase Argues Against CFTC Rules
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, including the delay of Do Kwon’s extradition from Montenegro at the request of the country’s top prosecutor. Plus, Coinbase argues against the CFTC's proposed rules regarding prediction markets, and JPMorgan says positive catalysts have been priced in.
How Coinbase Shares Reacted to Q2 Earnings
Crypto exchange Coinbase reported a $36 million profit in Q2, substantially down from the $1.2 billion registered in the first quarter of 2024. According to Kaiko data, revenues were lower than estimated despite exceeding market expectations, and retail volume declined faster than institutional volume. The results sent the price of COIN down 16% for the week. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Here's Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues
Order books on U.S. exchanges offer more liquidity than their offshore counterparts, according to CCData.
Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules
Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
Coinbase’s Paul Grewal Says Crypto Should Remain Non-Partisan
Technology should transcend the political divide, Coinbase’s Chief Legal Officer says
