Tag: $Coinbase

Coinbase on Thursday reported that cyber criminals bribed overseas support agents to steal customer data to use in social engineering attacks.

Coinbase shares fell as first-quarter revenue came in shy of Wall Street’s expectations, despite the growth in stablecoin revenue.

Coinbase announced Friday that the Securities and Exchange Commission has agreed to drop its enforcement case against the company, pending the approval of the regulator’s commissioners.

Coinbase Global  reported second-quarter revenue that was greater than expected Thursday, but it missed earnings estimates.

Coinbase, the largest U.S. venue for buying and selling cryptocurrencies, said that net income totalled $273 million in the fourth quarter.

Coinbase CEO Brian Armstrong told CNBC’s Joumanna Bercetche that the U.S. government’s enforcement action against Binance will allow the crypto industry to “turn the page.”

Cryptocurrency exchange Coinbase on Thursday beat estimates for third-quarter revenue, but saw trading volumes decline for the second quarter in a row, sending shares of the company down in after-hours trading.

Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the Securities and Exchange Commission, the company’s chief legal officer, Paul Grewal, told CNBC.

Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win even as the crypto exchange battles a lawsuit from the Securities and Exchange Commission (SEC).

Bitcoin BTCUSD –0.68% was gaining Friday, but smaller cryptocurrencies stole the show after a federal judge delivered token issuer Ripple a partial win in a case against the Securities and Exchange Commission with broad implications for crypto.

High-growth investor Cathie Wood is increasing her fund’s stake in Coinbase COIN after the crypto exchange was sued by the Securities and Exchange Commission this week.

The Securities and Exchange Commission sued crypto exchange Coinbase in New York federal court on Tuesday morning, alleging that the company was acting as an unregistered broker and exchange and demanding that the company be “permanently restrained and enjoined” from continuing to do so.