U.S. Space Force Major Jason Lowery wants the U.S. military to prioritize the investigation of proof-of-work systems like Bitcoin for the country’s defense.
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.
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According to Kaiko Research, Bybit experienced a rise in market share around the clock, whereas Coinbase witnessed significant growth outside of the United States trading hours.
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The requests are increasing in number and coming from more jurisdictions every year.
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Cryptocurrency exchange Bybit restricts use in the United States, although it may be possible to get around it.
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The price high comes after rival exchange Binance pleaded guilty and traders seemingly priced in Coinbase’s custodian agreements for a slate of spot crypto ETFs.
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The Nov. 22 letter claims that “only mandamus will impel the [SEC] to fully, finally acknowledge that Coinbase’s petition for rulemaking was pocket-vetoed long ago.”
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Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct.
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The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools.
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With more than a month left before the end of 2023, the United States crypto industry has already spent $20 million on lobbying efforts.
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The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity a user must provide.
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Coinbase is getting wonky with prominent names in national security from both sides of the U.S. political divide. They will join former lawmakers and other strategists.
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The authorities cited the Law on Digital Assets, enacted in February 2023, that forbids the issuance and trading of digital currencies and crypto exchange operations without a national license, according to reports.
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The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses.
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Despite seeing falling trading volumes, Coinbase said it was “pleased” with how the quarter played out.
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Coinbase Advanced customers in the U.S. can trade nano-sized futures contracts sized at 1/100th of a Bitcoin and 1/10th of an Ether.
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