News
The lawsuit alleges Marc Andreessen sold $118.7 million in Coinbase shares through Andreessen Horowitz, while CEO Brian Armstrong offloaded about $291.8 million.
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Coinbase News
Founded in 2012, Coinbase — named after the Bitcoin (BTC) coinbase transaction that rewards miners for validating blocks — is one of the oldest, largest cryptocurrency exchanges, having supported tens of millions of users since its launch.
Coinbase offers a range of services including custodial wallets with secure buying, selling and storage of cryptocurrencies; advanced trading and exchange services via Coinbase Pro; and USD Coin (USDC), a stablecoin backed by United States dollar reserves that is built on the Ethereum ERC-20 token standard, offering the advantages of cryptocurrencies without the price volatility.
Coinbase has been a popular choice for newcomers seeking to gain exposure to the burgeoning cryptocurrency space.
- News
The fintech bank reported record quarterly revenue of $1 billion as it reintroduced crypto trading, launched a stablecoin and rolled out blockchain-based remittances.
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Brian Armstrong made the media rounds before and after he announced Coinbase was pulling its support for a major US crypto bill, reportedly facing off with Jamie Dimon in Davos.
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SEC Chair Paul Atkins and CFTC Chair Mike Selig spoke on CNBC on Thursday as debate continued over stablecoin yield in the CLARITY Act.
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The Trump administration is moving to break a deadlock over crypto market-structure legislation as lawmakers remain split over stablecoin interest rules.
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Coinbase says its Kalshi-powered prediction markets are now available nationwide, offering event contracts tied to sports, politics and culture.
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Bitcoin retreated from intraday highs after the US Fed left interest rates unchanged, but futures market data suggests traders may attempt to seize the short liquidity in BTC’s $93,500 range.
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Tether increases physical gold holdings to 130 metric tons while Coinbase promotes futures trading as Bitcoin lags and gold tops $5,300 per ounce.
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Coinbase’s musical ad depicting a run-down UK, which was already blacklisted from TV, has reportedly seen a wider ban by the country’s ad watchdog for being “irresponsible.”
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Coinbase is testing Flipcash’s USDF as part of a new feature that would let businesses issue branded, dollar-backed stablecoins.
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Traders continue to defend the lowest support levels in Bitcoin and altcoins, but sellers at the range highs and declining sentiment across the market may complicate a quick recovery.
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The blockchain battle is now centered on distribution, as established firms convert existing customers into network participants and create new competitive landscapes.
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South Korean crypto exchange Coinone has reportedly begun selling major shareholder stakes, with Coinbase rumored to be eyeing a strategic entry.
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The fourth-quarter crypto pullback hit ARK ETFs, with Coinbase emerging as the biggest drag on performance.
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Ethereum developers to launch biweekly sessions on quantum-resistant transactions as Foundation commits $2 million in new funding to harden core cryptography.
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