Coinbase Archives - Cryptolifedigital

Crypto Lawsuits: Ripple and Coinbase Cases Headed for Supreme Court Showdown?

18Apr

By Raliat IdrisNo Comments

Ripple News

Crypto Lawsuits: Ripple and Coinbase Cases Headed for Supreme Court Showdown?

The legal battles between the SEC and cryptocurrency companies like Ripple and potentially Coinbase could culminate in a landmark showdown at the U.S. Supreme Court, according to a former SEC litigator. The Heart of the Matter The core issue revolves around defining what constitutes security in the context of digital assets. Linda Steward, speaking at Columbia Business School, argued that the SEC's classification of token sales and offerings (like Ripple's XRP) as securities doesn't automatically categorize the tokens themselves as securities. Read Also: XRP Weathers Market Storm, Analyst Maintains Bullish Outlook https://twitter.com/CollinBrownXRP/status/1780563050937942232 Ripple's Ongoing Fight Ripple has been embroiled in a legal battle with the SEC for years, incurring hefty...

Breaking News: Coinbase Embraces BRC-20 Token ORDI and Worldcoin Perpetual Futures

5Apr

By Kayode Oke MichaelNo Comments

Cryptocurrency

Breaking News: Coinbase Embraces BRC-20 Token ORDI and Worldcoin Perpetual Futures

Coinbase's institutional client unit has stated the launch of perpetual futures contracts for Ordinals and Worldcoin on April 11. These perpetual futures contracts enable traders to speculate on an asset's future price without an expiration date. However, the introduction of these contracts is subject to regulatory approval, which varies depending on the product being offered. Read Also: Shiba Inu Magazine Release Aims to Boost Investor Optimism Despite Price Dip The trend of ORD-PERP and WLD PERP Institutional investors on Coinbase's International and Advanced platforms will soon have access to BRC-20 token Ordinals (ORDI) and Worldcoin (WLD) perpetual futures. ORDI and WLD have recorded significant price action and trading volumes in recent months. ORDI has seen a surge of 1,...

Ripple’s David Schwartz Highlights Federal Judges’ Frustration with SEC Amid Coinbase Lawsuit

23Jun

By OLAJIDE SAMUELNo Comments

Ripple News

Ripple’s David Schwartz Highlights Federal Judges’ Frustration with SEC Amid Coinbase Lawsuit

Ripple CTO David Schwartz recently expressed his belief that Federal Judges are beginning to share the frustrations that people have with the U.S. Securities and Exchange Commission (SEC). His remarks came in response to the ongoing lawsuit between cryptocurrency exchange Coinbase and the SEC, which has garnered significant attention within the crypto community. David Schwartz Highlights Court's Tiredness For SEC And Coinbase Battle In April 2022, Coinbase filed a lawsuit against the SEC, urging the regulatory body to propose and adopt rules governing the regulation of securities traded through digital assets, such as cryptocurrencies. The exchange sought to push the SEC to respond to its petition, which had remained unanswered for almost a year. Read Also: Ripple's In-Principle Appro...

Quick Guide On How To Navigate Through Coinbase

10May

By OLAJIDE SAMUELNo Comments

Crypto Guides

Quick Guide On How To Navigate Through Coinbase

Coinbase is one of the most popular cryptocurrency exchanges in the world, providing a secure and user-friendly platform for buying, selling, and storing cryptocurrencies. Whether you are new to the world of crypto or an experienced trader, Coinbase offers a range of tools and features to help you navigate the market with ease. In this guide, we'll take you through the key steps to navigate through the Coinbase exchange. Read Also: London-based Crypto Exchange Swapika Announces That It Will Be Integrating Shibarium Creating an Account on Coinbase To get started with Coinbase, you'll need to create an account on the platform. This is a straightforward process that can be completed in just a few minutes. Simply visit the Coinbase website and click on the "Get Started" button. You'll the...

XRP Community Celebrates As They Receive Major Support Against SEC

25Apr

By CryptolifedigitalNo Comments

Ripple News

XRP Community Celebrates As They Receive Major Support Against SEC

The XRP community is celebrating after receiving major support in its legal battle against the US Securities and Exchange Commission (SEC). The community has been eagerly awaiting a resolution to the ongoing lawsuit, which alleges that XRP is a security and that the company behind it, Ripple Labs, conducted an unregistered securities offering. The latest update came in the form of a tweet from Paul Grewal, the Chief Legal Officer at Coinbase, who shared a document filed by the SEC in which it appears to be backtracking on its previous claims about XRP. The document, which was filed in response to a motion to dismiss the case by Ripple, suggests that the SEC is now admitting that it did not previously have clear guidance on whether XRP is a security. Read Also: TerraCvita To Relaunch ...

Companies Like Coinbase, Valhi Capital, And Crypto Council Request To File Amicus Brief In Favour Of Ripple, Ripple’s Victory Is Imminent.

1Nov

By CryptolifedigitalNo Comments

Ripple News

Companies Like Coinbase, Valhi Capital, And Crypto Council Request To File Amicus Brief In Favour Of Ripple, Ripple’s Victory Is Imminent.

The leading blockchain company, Ripple, waxes stronger daily as new companies like Coinbase, Valhi Capital, and Crypto Council requested to file Amicus Briefs in favour of Ripple in the ongoing lawsuits. The new development was shared by former federal prosecutor cum defence lawyer James K. Filan in the last 24 hours. One of the top exchanges, Coinbase, filed an amicus brief highlighting that as a US-based exchange, the legal action brought against Ripple by the US SEC forced it and other US exchanges to delist XRP, triggering a $15 billion loss in its market value which Coinbase’s customers felt. Read Also: Dogecoin Spikes Following Elon Musk's Acceptance Of Twitter Deal. https://twitter.com/FilanLaw/status/1587207108692418564 Coinbase, Valhi Capital, And Crypto Council...

Over 1 Trillion SHIB Is Transferred To Coinbase From An Unknown Wallet In One Transaction

5Oct

By Cryptolifedigital1 Comment

Shiba Inu

Over 1 Trillion SHIB Is Transferred To Coinbase From An Unknown Wallet In One Transaction

According to the recent data shared by Whale Alert on its official handle, a whopping 1,060,594,914,000 (1.06T) SHIB, worth $12,156,362 ($12.15M), to Coinbase in one transaction. Coinbase Receives A Whopping Amount Of SHIB From Unknown Wallet Whale Alert stated that the massive transaction was done by an anonymous wallet to Coinbase, the US largest cryptocurrency exchange. Read Also: Shiba Inu's Metaverse Receives A Series Of Visuals Of Different Sections, Shiba Inu Shares The First Concept Art For Canyon https://twitter.com/whale_alert/status/1577518380902486016 Shiba Inu Experiences Spike In Price After Overcoming Resistance It is worth noting that the transaction was made following the Shiba Inu retreating from the resistance point at $0.00001157 on the 4-hou...

Coinbase Partners With BlackRock To Allow Aladdin’s Clients To Participate And Transact In The Cryptoeconomy

4Aug

By CryptolifedigitalNo Comments

Crypto Exchanges

Coinbase Partners With BlackRock To Allow Aladdin’s Clients To Participate And Transact In The Cryptoeconomy

Coinbase, one of the world-leading crypto exchanges announced its partnership with BlackRock, the world’s largest asset manager, to provide institutional clients of Aladdin®, BlackRock’s end-to-end investment management platform, with direct access to crypto, starting with bitcoin, through connectivity with Coinbase Prime. https://twitter.com/coinbase/status/1555161624322998273 More also, the partnership will allow institutions to participate and transact in the cryptoeconomy, we are committed to pushing the industry forward and creating new access points as institutional crypto adoption continues to accelerate rapidly. Read Also: Buterin Vitalik, Ethereum CEO Sold A Total Of 25 Trillion SH. T Coins Through His ETH Address, This Could Lead To The Crash Of The Coin ...

CZ Revealed The Brain Behind The Binance’s Exchange Escape During Cloudflare Outage

21Jun

By Cryptolifedigital2 Comments

Blockchain

CZ Revealed The Brain Behind The Binance’s Exchange Escape During Cloudflare Outage

The CEO of Binance, CZ, revealed the way out of the short-term suspension of the web services. The work of exchange on Binance was not affected despite the shutdown, although the Some of its services, like CoinMarketCap, of course, we're also suspended. Read Also: Rev. Dr. Doge Discloses The Acceptance Of Shiba Inu Alongside Some Few cryptos As Donations By The First Miami Presbyterian Church https://twitter.com/Cloudflare/status/1539140097374793728 Earlier today, Cloudflare was hanging up which resulted in the inability of the crypto exchanges like FTX, OKX, Bitfinex, Bitmex, and Coinbase to access sites. Platforms like Xumm Wallet and Discord also went through the trouble. CZ revealed How the Binance exchange was not affected. When the Binance CEO was asked about the br...

Coinbase Global (NASDAQ: COIN) becomes one of the most successful newcomers to Fortune 500 in 2022

24May

By Cryptolifedigital1 Comment

Blockchain

Coinbase Global (NASDAQ: COIN) becomes one of the most successful newcomers to Fortune 500 in 2022

According to the legendary magazine Fortune since 1955, Fortune 500 is a rating of the largest United States corporations by total revenue. In 2022, it was listed as the first-ever company in the Web3 segment. Read Also: 278 Million LUNA Burned Since Do Kwon Posted Burning Address Coinbase Global is listed by Fortune 500 According to the fresh 2022 edition of Fortune 500's ratings, the largest U.S.-based cryptocurrency ecosystem, Coinbase Global, is now ranked #437; this makes it the first blockchain and Web3 business to join this elite club. Together with big pharma heavyweight Moderna, Coinbase is among the most successful newcomers to the fortune 500 in 2022. As stated by the data shared in the last rating, Coinbase totals $7.8 billion in revenue and $3.6 bil...