Coinbase | ForkLog

ForkLog 7 30.09.2022

Wells Fargo downgrades Coinbase stock to underperform

Wells Fargo analysts downgraded Coinbase stock to underperform. They cited the exchange's struggles to maintain profitability, according to CoinDesk.

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ForkLog 11 26.09.2022

Veritaseum sues Coinbase for $350 million

Veritaseum Capital has accused the cryptocurrency exchange Coinbase of patent infringement and обратилась в суд seeking damages of $350 million.

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ForkLog 8 22.09.2022

WSJ: Coinbase earmarked $100 million to test prop trading

In 2021, the bitcoin exchange Coinbase formed a unit focused on trading and staking. Beyond serving clients' interests, its employees also used platform funds. The Wall Street Journal reports.

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ForkLog 10 15.09.2022

Coinbase users to identify crypto-friendly lawmakers in the US Congress

Coinbase launched an app-integrated tool that will allow users to gauge attitudes toward digital assets among members of the U.S. Congress.

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ForkLog 11 13.09.2022

Brother of former Coinbase employee pleads guilty to insider trading

Nihil Vahi, who, together with his brother Ishaan Vahi, a former Coinbase product manager, was charged with insider trading, pleaded guilty.

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ForkLog 12 09.09.2022

Coinbase backs lawsuit against U.S. Treasury over Tornado Cash sanctions

Six Ethereum users and Tornado Cash filed a lawsuit in the Western District of Texas against the U.S. Department of the Treasury. The case concerns sanctions against the cryptocurrency mixer.

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ForkLog 13 07.09.2022

Coinbase proposes MakerDAO move one-third of USDC to Coinbase Prime

The cryptocurrency exchange Coinbase has put to a community vote a MakerDAO proposal to move one-third of USDC from the stability module (PSM) valued at $1.6 billion to Coinbase Prime at an interest rate of up to 1.5% per year.

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ForkLog 7 26.08.2022

Coinbase to Launch Nano-futures on Ethereum

On August 29, Coinbase will launch nano-futures on the second-largest cryptocurrency by market capitalization.

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ForkLog 7 25.08.2022

Coinbase to launch liquid staking on Ethereum

The cryptocurrency exchange Coinbase announced the launch of the Coinbase Wrapped Staked ETH (cbETH) token. It is a derivative asset issued against ETH staked on the Ethereum platform.

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ForkLog 6 24.08.2022

Brian Armstrong outlines Coinbase’s pivot toward subscriptions

The cryptocurrency exchange Coinbase is cutting costs and shifting its focus toward subscriptions and services in a crypto-winter environment, CEO Brian Armstrong said in an interview with CNBC.

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ForkLog 8 17.08.2022

New class-action lawsuit filed against Coinbase in the United States

A Georgia resident, George Kattula, filed a class-action lawsuit against cryptocurrency exchange Coinbase. He accused the platform of unfair protection of assets, freezing funds and blocking customer accounts.

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ForkLog 8 17.08.2022

Coinbase to suspend some operations during Ethereum’s transition to PoS

The cryptocurrency exchange Coinbase will suspend deposits and withdrawals of Ethereum and ERC-20 tokens during the blockchain migration to the {{AOPEN_1}} Proof-of-Stake{{ACLOSE_1}} (PoS) consensus algorithm.

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