Analysts Expect Coinbase Revenue to Drop 75% for Last Quarter
Coinbase is expected to report a steep decline in its revenue for the last quarter of 2022 as transactions plummeted and crypto prices dropped to record low levels.
ARK Invest's Coinbase Purchase During Week of Feb 13-17 Totaled 133,321 Shares
Feb. 13: ARKK Buy COIN 102,281
Coinbase Invests in Rocket Pool and Introduces an RPL-rETH Mini Pool
Coinbase Ventures strengthens its partnership with Rocket Pool by investing in the protocol and voting on oDAO proposals. Rocket Pool, the Ethereum staking platform, has just announced on its Discord that Coinbase Ventures is investing directly in the DeFi protocol.
Hong Kong’s Crypto Trading Launch Makes Coinbase CEO Question the US Position
“America risks losing it’s status as a financial hub long term, with no clear regs on crypto, and a hostile environment from regulators. Congress should act soon to pass clear legislation. Crypto is open to everyone in the world and others are leading. The EU, the UK, and now HK,” Armstrong said, retweeting a post saying Hong Kong will make it legal to sell, purchase, and trade crypto assets for all its citizens from June 1.
Crypto Industry Spent Record $21M on Lobbying Last Year - Coinbase Leads the List
Crypto companies spent a record $21.55 million in 2022 on Washington lobbying, with major cryptocurrency exchange Coinbase leading the list.
Coinbase CEO Urges Congress to Pass Clear Crypto Legislation
The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase (Nasdaq: COIN), Brian Armstrong, has called on Congress to pass clear crypto legislation. He tweeted Wednesday:
Blockchain.com Not Selling Subsidiaries, Never Spoke to Coinbase: Source
Blockchain.com isn't selling any subsidiaries and hasn't spoken to Coinbase about possible deals, a person familiar with the matter told The Block.
Crypto Morning Briefing: Blockchain.com Shopping Assets to Fill $270M Hole From Three Arrows Capital; Bank of Russia to Pilot CBDC in April
Gemini Will Be Qualified Custodian Under Proposed SEC Rules; Coinbase Exec: US Congress Needs to ‘Step Up’ Its Crypto Regulatory Efforts; US SEC Charges NBA Star Paul Pierce With Crypto Violation
Coinbase Supports SEC’s Proposed Crypto Custody Rules, but Not Everyone Is Happy
State-certified crypto custodians such as Coinbase’s Custody Trust Co. and crypto bank Anchorage Digital may continue to offer custodial services in line with the Agency’s requirements.
Coinbase Exec: US Congress Needs to ‘Step Up’ Its Crypto Regulatory Efforts
Coinbase, the world’s second-largest cryptocurrency exchange by trading volume, would be willing to register its dormant broker dealers with the U.S. Securities and Exchange Commission (SEC) as long as lawmakers provide clear direction for the crypto industry, said Faryar Shirzad, chief policy officer at the centralized exchange.
