Judge Dismisses Proposed Class Action Suit Alleging Coinbase Sold Unregistered Securities
U.S. District Court Judge Paul Engelmayer has rejected claims in a proposed class action by customers who claimed that Coinbase sold them unregistered securities and also failed to register as a broker-dealer, according to a filing on Wednesday.
Coinbase NFT Pauses New Collection Drops, Denies Shuttering Marketplace
In the wake of a rumored shutdown, Coinbase NFT, the non-fungible token (NFT) platform of crypto exchange Coinbase, said Wednesday that it is pausing “creator Drops” to focus its efforts on other facets of its marketplace.
Coinbase loses Bison Trail co-founders: Sources
The co-founders of Bison Trails left Coinbase today, according to three people familiar with the situation.
Crypto Wallets Combat Scammers with Transaction Previews and Blocklists
United States-based crypto exchange Coinbase has become the latest crypto wallet provider to roll out transaction previews and blocklists amid a rise in crypto thefts. On Jan. 30, the crypto exchange announced it had integrated a new suite of safety features to its wallet app to make it easier for users to spot and take action on potential foul play from scammers. Such integrations include a transaction preview feature which gives the user an estimation of how users “token and NFT balances will change” during a transaction before the confirm button is hit. (Cointelegraph)
Whales Send 60M DOGE to Coinbase As Price Surges
Dogecoin (DOGE) whales have picked up the pace this week, as 60 million DOGE tokens currently valued at $5.2 million were recently moved to a Coinbase wallet. The development occurs at a time when DOGE has staged a relief rally that has seen it surge by 5% today.
Crypto Giants Are In Trouble; String of Crypto Exploits and Hacks | Cointime Weekly Jan.22 – Jan.28
Coinbase slammed with $3.6M fine in Netherlands; Bitstop founders acquire Genesis coin; understanding token standards; Bank of America says “digital currencies appear inevitable”
Coinbase Stock Surged 90% in January
The value of Coinbase’s stock (COIN) rose nearly 90% over the past month.
Coinbase Slammed With $3.6 Million Fine in the Netherlands
Reuters reports that Coinbase, a leading cryptocurrency exchange has been sanctioned in the Netherlands by the Dutch Central Bank (DNB). Coinbase broke regulatory protocols by failing to complete the required registration status before offering services in the country.
Coinbase’s $3.6M Dutch Fine Shows Crypto Will Hit Road Bumps as It Goes Mainstream
As crypto comes within the regulatory fold, there will be disputes over rules, procedures and jurisdiction – and the relatively compliant may end up bearing the brunt of regulators’ wrath.
FTX Creditors Include Apple, Netflix and Coinbase, Court Documents Reveal
Financial advisors for the bankrupt cryptocurrency exchange FTX at last revealed the complete list of the company’s institutional creditors in a court filing late Wednesday. The document shows the names of the companies owed money by FTX, providing an expansive view of entities wrapped up in the exchange’s bankruptcy.
