Former Coinbase Employees Raise $4.5 Million for web3 Data Startup Coherent: Exclusive
Coherent, a blockchain data startup co-founded by former Coinbase employees, has raised $4.5 million in a seed funding round.
Crypto Evening Briefing: FTX Negotiates for Return of $400 Million From Modulo Capital; EU Now Accepting Applications for its Blockchain Regulatory Sandbox
Coinbase CEO is well on his way to fulfilling a pledge to sell company stock to fund his new ventures. China Telecom and Conflux Network announce a partnership to bring BSIM to market.
Coinbase CEO Busy Selling Stock to Fund His Other Startups
Coinbase CEO Brian Armstrong is well on his way to fulfilling a pledge to sell company stock to fund his new ventures.
Coinbase Will Add Support for Access Protocol (ACS) on Solana Network
Trading will begin on or after 9AM PT on 15 February 2022, if liquidity conditions are met.
Cathie Wood’s Ark Invest Bags Nearly $16M Coinbase Stocks in February
Cathie Wood’s investment management firm Ark Invest continues stacking Coinbase (COIN) stock amid the latest cryptocurrency market decline.
Coinbase, JP Morgan Relationship Intact Amid Regulatory Crackdown
Rising regulatory scrutiny isn't coming between Coinbase and one of its banking partners, JPMorgan Chase.
Blockchain Association Files Amicus Brief in Wahi Case, Says SEC Exceeded Authority
The Blockchain Association filed an amicus brief Feb. 13 in the United States Securities and Exchange Commission (SEC) case against former Coinbase Global product manager Ishan Wahi and his associates. The advocacy group expressed its support for the defendants’ argument for dismissal, where they claimed the SEC had exceeded its authority in the case. The case alleging unregistered securities sales of nine tokens is being heard in the U.S. District Court of Western Washington.
Cathie Wood’s Ark Invest Purchased Another $6.7 Million Coinbase Shares
Cathie Wood's Ark Invest is keen on Coinbase right now, following up last week's purchase with another estimated $6.7 million yesterday.
Blockchain Association Files Amicus Brief in Coinbase Insider Trading Case
The U.S. Securities and Exchange Commission (SEC) is attempting to create a “chilling effect” on the blockchain industry by labeling nine tokens at the center of an insider trading case as securities, but not giving the token creators a chance to defend themselves. Last year, the SEC lodged a complaint against former Coinbase manager Ishan Wahi for tipping off his brother and close friend regarding new listings of tokens on Coinbase. Earlier this month, Wahi pleaded guilty to insider trading charges, changing his plea from not guilty. Wahi is still contesting the securities fraud charges. The tokens in question include AMP, XYO, LCX, POWR, RLY, RGT, DDX, DFX, and KROM. Data from CoinGecko indicates that these tokens trade in relatively thin volume, and don’t rank within the top 150 tokens the service tracks. (Coindesk)
Crypto Morning Briefing: BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert; Bitget Partners With Capitual To Participate in Brazil CBDC Project
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
