Coinbase | ForkLog

ForkLog 89 15.08.2022

What is the USDC stablecoin?

What is USDC? How does it differ from other stablecoins? What assets back its reserves? We explain in brief.

AI translated

ForkLog 7 15.08.2022

Cathie Wood explains ARK Invest’s sale of Coinbase stock

Regulatory uncertainty prompted ARK Invest to reduce the amount of Coinbase stock acquired by its funds. Cathie Wood, the CEO of the asset-management firm, said so in an interview with Bloomberg.

AI translated

ForkLog 9 12.08.2022

S&P Downgrades Coinbase Rating and Keeps Negative Outlook

The S&P Global Ratings agency downgraded Coinbase's corporate credit rating from “BB+” to “BB”, while maintaining a “negative” outlook. CoinDesk reports this.

AI translated

ForkLog 10 12.08.2022

Coinbase confirms receipt of SEC requests on operations, products and listings

The Coinbase exchange said it had received requests from the U.S. Securities and Exchange Commission (SEC) regarding its operations, client programs, and the company's existing and future products.

AI translated

ForkLog 13 10.08.2022

Coinbase posts loss twice as large as forecasts

Net loss for Coinbase in Q2 2022 was $1.1 billion, or $4.98 per share, double analysts' expectations ($2.47). In after-hours, shares fell 8% after a 10.55% decline in the main session.

AI translated

ForkLog 14 05.08.2022

Two class-action lawsuits filed in the United States against Coinbase

Law firm Bragar Eagel & Squire filed in the United States District Court for the District of New Jersey a class action against the bitcoin exchange Coinbase. Another complaint came from Robbins Geller Rudman & Dowd LLP of San Diego.

AI translated

ForkLog 9 04.08.2022

BlackRock to offer clients access to cryptocurrencies via Coinbase Prime

The cryptocurrency exchange Coinbase and the asset manager BlackRock have agreed to collaborate. The latter's clients will gain direct access to trading digital assets via the Aladdin portfolio-management system.

AI translated

ForkLog 8 02.08.2022

Coinbase opens Ethereum staking to institutional clients

American Coinbase Prime clients have gained the ability to stake Ethereum.

AI translated

ForkLog 14 27.07.2022

ARK Invest’s Cathie Wood Sells Coinbase Shares Worth $75 Million

On July 26, ARK Invest sold a total of 1.41 million Coinbase shares worth about $75 million. The bitcoin exchange shed 21.1% of its market capitalization by the close of the session.

AI translated

ForkLog 13 26.07.2022

Bloomberg: SEC opens investigation into Coinbase activity

The U.S. Securities and Exchange Commission (SEC) has opened an investigation into Coinbase Global over the possible provision of access to trading for digital assets that could be deemed securities for U.S. residents, Bloomberg reported, citing people familiar with the matter.

AI translated

ForkLog 18 22.07.2022

CFTC criticises SEC suit against former Coinbase product manager

The SEC's lawsuit against former Coinbase product manager Ishan Wahi could have serious implications for the crypto industry, as the agency characterised nine tokens as “digital securities”, according to CFTC Commissioner Caroline Pham.

AI translated

ForkLog 9 21.07.2022

Former Coinbase executive arrested on suspicion of insider trading

In the United States, a former Coinbase product manager, Ishan Vahi, was arrested. He was charged with fraud involving insider trading, the Department of Justice said.

AI translated

#Coinbase