Coinbase
Coinbase Shares Rise as Q1 Revenue Grows 23% to $773M From Q4
The crypto exchange reported results after the close on Thursday.
Coinbase to Stop Issuing New Loans Via Coinbase Borrow; Fedi and OpenSats Receive New Funding
Coinbase Borrow’s customers received an email on Wednesday informing them that May 10 will be the last day to take out new loans with the exchange's borrowing program. Plus, in separate announcements, Fedi announced it raised $17 million in Series A funding, while OpenSats tweeted it received $10 million in additional funding.
SEC Ordered to Respond to Coinbase Allegations Within 10 Days
The U.S. Securities and Exchange Commission (SEC) has been ordered by a U.S. court to respond to cryptocurrency exchange Coinbase's (COIN) complaint over how it applies securities laws to digital assets. The Third Circuit Court of Appeals said in a Wednesday filing that the SEC must file its response within 10 days. Coinbase may then file a response seven days thereafter. "The Hash" panel discusses the latest in crypto regulation.
U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days
Coinbase last week argued the SEC is providing insufficient regulatory guidance for U.S. companies operating in the crypto sector
Coinbase to Stop Issuing New Loans Via Coinbase Borrow
May 10 is the final day customers will be allowed to take out new loans through the program.
Coinbase Losses Expected to Narrow; Analysts Seek Details About International Exchange
Coinbase will report its first-quarter earnings results after the market closes on Thursday.
I Owe Brian Armstrong an Apology
With Coinbase under pressure from Gary Gensler's scattershot enforcement, it's time to reassess the most boring cryptocurrency exchange on the planet.
Analyst Predicts Coinbase Would Not Completely Leave the U.S.
Crypto exchange Coinbase is opening a derivatives exchange in Bermuda as it faces regulatory headwinds in the U.S. This comes as Coinbase CEO Brian Armstrong recently suggested that the exchange would consider moving away from the U.S. if the regulatory environment for the industry does not become clearer. Oppenheimer senior analyst Owen Lau weighs in, predicting "they would not completely leave the United States, but international expansion is on the table."
Coinbase Launches Offshore Crypto Derivatives Exchange Amid U.S. Regulatory Scrutiny
Coinbase is opening a derivatives exchange in Bermuda as the crypto exchange faces continued regulatory headwinds in the U.S. Owen Lau, senior analyst at Oppenheimer, discusses his firm's rating and price target for Coinbase's stock. Plus, Lau reacts to Coinbase Chief Legal Officer Paul Grewal telling CoinDesk at Consensus 2023 that the exchange is prepared to take legal action if the SEC doesn't provide the regulatory clarity it is seeking.
Binance, Coinbase Endure $700M in Staked Ether Outflows as Decentralized Liquid Staking Protocols Gain
Investors are ditching the centralized exchange giants to stake their ETH holdings on decentralized alternatives amid regulatory concerns, and as they chase higher rewards, crypto analysts say.
