Coinbase Drops 8% as CEO Armstrong Calls Out SEC; Silvergate Sinks 5%
Crypto-related stocks sold off at the open, with Coinbase and Silvergate leading the drop.
Coinbase CEO Says SEC Wants To Ban Retail Staking
Coinbase CEO Brian Armstrong said on Feb. 8 that his company has heard rumors that the United States’ main securities regulator intends to ban staking.
Coinbase’s Armstrong Says Staking Restrictions Would Be ‘Terrible Path for the U.S.’
Coinbase CEO Brian Armstrong used a Twitter thread to warn about what he said would be a "terrible path" for the U.S. if it were to restrict crypto staking in the country.
Coinbase Will Add Support for Voxies (VOXEL) on Polygon Network
Coinbase will add support for Voxies (VOXEL) on the Polygon network. Do not send this asset over other networks or your funds may be lost. Inbound transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
Coinbase Clone Script —Build Cryptocurrency Exchange Like Coinbase
Coinbase Clone is a cryptocurrency exchange platform that has been designed to offer a similar user experience as the popular Coinbase exchange.
Former Coinbase Product Manager Pleads Guilty to Insider Trading in Landmark U.S. Case
A former product manager at Coinbase has pleaded guilty to crypto insider trading charges. Ishan Wahi, 32, admitted to sharing confidential information about cryptocurrencies the San Francisco-based exchange would be listing in a scheme that generated approximately $1.1 million in profits.
Former Coinbase Manager Pleads Guilty to Insider Trading
Former Coinbase product manager Ishan Wahi pleaded guilty to charges Tuesday, centered on an insider trading scheme that generated an alleged $1.1 million in profits.
Ex-Coinbase Manager Files To Dismiss SEC Claims
Former Coinbase Product Manager Ishan Wahi has urged the court to dismiss insider trading charges against him — claiming that the U.S. Securities Exchange Commission (SEC) lacks the authority to classify tokens as securities.
Former Coinbase Manager Seeks to Dismiss Watershed Insider Trading Case
Lawyers are asking a judge to dismiss a case against their client, a former Coinbase manager and his brother, arguing that the tokens involved are not securities. In an 81-page brief, lawyers from five law firms said the Securities and Exchange Commission was “wrong” to say that nine digital assets were securities, comparing them to Beanie Babies and baseball cards — after the agency charged Ishan Wahi, 32, for insider trading, along with his brother and a friend. The lawyers argue that all nine tokens are utility tokens necessary for the use of the networks that created them, making the case one that could have broader implications for Coinbase and other exchanges listing those assets in the U.S. (The Block)
Coinbase To List This New Gaming Token Next
Coinbase recently issued a public announcement on the addition of a new token into the listing plan for their cryptocurrency exchange. This particular Coinbase news comes as a direct result of the exchange’s primary mission, which is to serve as a connection to the world of Web3. Even though the specific date of the listing has not been made public just yet, it’s anticipated that it will be within the following few weeks.
