Coinbase | ForkLog

ForkLog 21 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.

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ForkLog 15 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.

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ForkLog 12 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.

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ForkLog 13 02.08.2022

Coinbase opens Ethereum staking to institutional clients

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

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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.

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ForkLog 18 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.

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ForkLog 23 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.

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ForkLog 14 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.

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ForkLog 11 19.07.2022

Media: Coinbase ends influencer marketing program in the United States

The cryptocurrency exchange Coinbase temporarily shut down its influencer-marketing program in the United States. Business Insider reported this, citing emails sent by the exchange to participants in the initiative.

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ForkLog 18 18.07.2022

Coinbase receives approval to provide services in Italy

The cryptocurrency exchange Coinbase has received approval from the Italian regulator OAM to provide residents of the country with services related to digital assets.

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ForkLog 8 15.07.2022

Analysts expect Coinbase to drop out of the top-10 Bitcoin exchanges by trading volume

Based on July results, Coinbase may leave the list of the ten largest cryptocurrency platforms by trading volume. Analysts at Mizuho did not rule out such a scenario, Bloomberg reports.

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ForkLog 12 06.07.2022

Coinbase points to parallels in the risk profiles of Bitcoin, oil, and Tesla stock

Digital assets, in terms of price behavior, are closer to oil and gas or to tech and pharmaceutical stocks. Coinbase reached this conclusion.

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