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Videos

Coinbase Beats Q2 Revenue Estimates, but Transaction Revenue Falls

Coinbase released its latest quarterly earnings results. The crypto exchange beat analyst estimates for the second quarter, reporting revenues of $708 million a narrower-than-expected loss of $0.42 a share. Coinbase shares (COIN) have risen roughly 15% in the past month. Oppenheimer Senior Analyst Owen Lau shares his key takeaways.

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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.

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Coinbase's Chief Legal Officer: We 'Expect to Win' Fight Against SEC

Coinbase beat analyst estimates for the second quarter, reporting revenue of $708 million and a narrower-than-expected loss of $0.42 a share. Oppenheimer Senior Analyst Owen Lau takes a closer look at Coinbase's latest earnings report and the crypto exchange's ongoing legal battle with the SEC.

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Markets

Coinbase Bears Doubt Stock Can Rise Even After Exchange Beats Estimates

It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said.

Coinbase CEO Brian Armstrong (CoinDesk)

Markets

First Mover Americas: Upbit Moves Up to No. 2 in Spot Trading Volume

The latest price moves in crypto markets in context for August 4, 2023.

Upbit-logo (CoinDesk Archives)

Policy

Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight

The agency claims that the exchange operated as an unregistered broker, exchange and clearing agency.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Markets

Cat Coin Toshi Purrs on New Base Blockchain

The token named after Coinbase CEO Brian Armstrong's pet is gaining traction on the layer 2 network that's set to go live next week.

(Wance Paleri/Unsplash)

Finance

Coinbase Beats Analyst Estimates for Q2, but Transaction Revenue Falls

The crypto exchange beat on both the top and bottom lines, but transaction revenue and total trading volume fell.

(Robert Nickelsberg/Getty Images)

Videos

New York Man Reportedly Admits to Bitfinex Hack; Coinbase’s Layer 2 ‘Base’ Gets a Launch Date

“CoinDesk Daily” host Zack Seward dives into today’s hottest stories in crypto, including Ilya Lichtenstein reportedly revealing himself as the hacker who executed a multi-million-dollar exploit of crypto exchange Bitfinex in 2016. Plus, Semafor reports Binance may face fraud charges from the Department of Justice. And, Coinbase announces a date for the public launch of its layer 2 blockchain.

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Coinbase's Layer 2 Blockchain 'Base' Opens to the Public on Aug. 9

Coinbase (COIN) announced that its layer-2 blockchain named Base will be open to the public next week. Built with Optimism's OP Stack, Base went live for developers in July for testing and users will be able to bridge their ether (ETH) to the blockchain on Thursday. "The Hash" panel weighs in on the new development at the crypto exchange.

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