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Coinbase Argues an Arbitration Dispute in First Crypto-Related Case Heard by Supreme Court

Coinbase (COIN) argued at the U.S. Supreme Court on Tuesday that its disputes over forcing customers into arbitration should freeze the courts while the arguments play out. Hodder Law Firm founder and managing partner Sasha Hodder discusses this moment that breaks legal ground for crypto with the industry’s first high court appearance.

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Crypto Makes Its Supreme Court Debut; Bitfarms Sinks to Fourth-Quarter Loss

Coinbase argued at the U.S. Supreme Court on Tuesday that its disputes over forcing customers into arbitration should freeze the courts while the arguments play out – a moment that breaks legal ground for crypto with the industry’s first high court appearance. Separately, Bitcoin miner Bitfarms (BITF) dropped to a fourth-quarter loss as the price of bitcoin fell, costs rose and mining difficulty increased.

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Coinbase Argues an Arbitration Case in U.S. Supreme Court as Crypto Makes Its Debut

The first cryptocurrency matter to come up at the high court isn’t directly about digital assets but is a dispute over how courts should handle scuffles over arbitration.

The U.S. Supreme Court ruled against crypto exchange Coinbase in an arbitration case. (Jesse Hamilton/CoinDesk)

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Coinbase Halts Support for Signature Bank’s Signet Network: WSJ

The Wall Street Journal reports that crypto exchange Coinbase told clients it's no longer supporting Signet, the real-time payments network of failed Signature Bank. "First Mover" hosts Christine Lee and Lawrence Lewitinn weigh in as bitcoin (BTC) hovers around $28,000.

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Coinbase Expands in Brazil, Allows Crypto Purchases With Brazilian Reals

Previously, the exchange's users in Brazil could purchase crypto only with a credit card.

(Getty Images)

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Crypto Goes to Supreme Court for the First Time With Coinbase Dispute

The U.S. Supreme Court will hear arguments in its first-ever crypto-related case on Tuesday when lawyers for Coinbase will attempt to convince the nine Justices to pause a pair of class-action lawsuits against the crypto exchange. CoinDesk's regulatory reporter Cheyenne Ligon weighs in on its significance to the crypto industry.

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Crypto Exchange GMX Proposes Deployment on Coinbase's Base Blockchain

Some members of the GMX community have already voiced their support for the move.

Derivatives trading platform GMX has a proposal to deploy on Base, a new layer 2 network started by Coinbase. (Unsplash)

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U.S. Supreme Court to Hear First Crypto Case Tuesday

Coinbase is asking the high court to pause a pair of class-action lawsuits as the exchange attempts to force the plaintiffs into arbitration.

U.S. Supreme Court building in Washington, D.C. (Jesse Hamilton/CoinDesk)

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Coinbase No Longer Supporting Signature Bank’s Signet Network: WSJ

The fate of Signet has been unclear since Signature Bank was shut down by New York State regulators last weekend.

(Chesnot/Getty Images)

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Bitcoin Has Risen Nearly 70% Year-to-Date

Bitcoin (BTC) is briefly topping $28,000, after the largest cryptocurrency by market capitalization has risen 14% in the past week. Kyle Clark, Investment Advisor Representative at wealth advisor Gerber Kawasaki, breaks down the bullish sentiment and the “three-point chokehold" crypto is currently going through. Plus, reactions to former Coinbase CTO Balaji Srinivasan's $1 million bitcoin prediction and outlook on the Federal Reserve's upcoming interest rate decision.

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