In Brief Kamala Harris’s campaign begins accepting crypto donations via Coinbase Commerce, says CFO Alesia Haas. Future Forward PAC, not Harris directly, is accepting donations, signaling a shift in Democratic crypto policy. Harris’ outreach to crypto faces skepticism, while Trump holds a 53% chance of winning, per Polymarket odds. Coinbase’s Chief Financial Officer, Alesia Haas,…
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In Brief A class-action lawsuit is filed against Coinbase over unregistered securities. Plaintiffs allege that Coinbase knowingly violated California securities laws. The lawsuit follows regulatory scrutiny and previous legal action from the SEC. A group of investors has filed a class-action lawsuit against Coinbase, the popular US-based cryptocurrency exchange. They allege that the company has…
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Quick Take Coinbase exchange witnessed a massive withdrawal of approximately 16,100 BTC, valued at $1.1 billion, on March 28. According to data from Arkham Intelligence, this substantial outflow occurred in two separate transactions, with the first involving roughly 8,100 BTC worth around $574 million and the second comprising 8,000 BTC valued at approximately $566 million. Wallet…
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BlackRock’s BUIDL wallet has received memecoins donation from the crypto community. Asset management firm BlackRock selected Coinbase as the key infrastructure provider for its tokenized investment fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL). According to BlackRock: “BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors’ wallets as new tokens each…
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In Brief Crypto traders are moving from Solana to Coinbase’s Base meme coins, indicating a shift in market focus. Rekt Fencer, who allegedly made over $1 million from Solana memes, champions the potential of Base tokens. Coinbase to launch a service for over 100 million users to trade Base coins easily, boosting the sector’s appeal.…
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Several crypto lawyers have pushed back against SEC’s reliance on the insider trading case judgment. The US Securities and Exchange Commission (SEC) wants to leverage a decision from an insider trading case to strengthen its lawsuit against several crypto trading platforms, including Coinbase and Binance.US, according to recent court filings. SEC claims ‘insider trading’ case is relevant Last…
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The outage caused unbridled speculation over the cause on social media, with opinions ranging from retail entering the market to the exchange getting hacked. Coinbase is experiencing technical issues that have degraded site performance and caused many users to see a zero balance on their accounts. The exchange’s website and app are both down as…
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Massive Bitcoin movement: Over 18,000 BTC withdrawn from Coinbase, impacting exchange balance significantly. Quick Take Data unveiled during Asia hours from Coinbase revealed a sizable withdrawal of over 18,000 Bitcoin, as confirmed by Arkham Intelligence, Glassnode, and Coinglass. This substantial outflow of nearly $1 billion has significantly influenced Coinbase’s exchange balance. The funds have been…
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To sum things up Coinbase’s Head of Legitimate difficulties SEC’s wide command over crypto, asking Congress to pass crypto regulation. Grewal questions the SEC’s limitless command over crypto and contends that it neglects to demonstrate that crypto are protections. This comes in the midst of Binance’s continuous endeavors to excuse the SEC’s claim, guaranteeing that…
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To sum things up Coinbase has heightened its endeavors to get a reaction from the U.S. Protections and Trade Commission (SEC) in regards to its rulemaking appeal. The crypto trade looks for an unmistakable endorsement or disavowal of its request, contending that the SEC might proceed with defer strategies in any case. Coinbase’s Boss Lawful…
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