Brian Armstrong, Coinbase CEO, believes that crypto will power more of the global GDP and create sound financial infrastructure with lower fees. He has launched Base, a Layer 2 platform designed to improve upon Ethereum, aiming to process thousands of transactions per second at a cost less than a cent each. While Visa processes 65,000 transactions per second, Coinbas...
As the U.S. presidential election nears, there's a buzz in the crypto industry about potential regulatory changes. Shan Aggarwal, from Coinbase Ventures, shared his thoughts at Messari’s Mainnet conference in New York City. "We’re really hoping for better regulations," he said, indicating that the current SEC approach has been tough on crypto companies like Coinbase....
Coinbase and MicroStrategy, two prominent players in the cryptocurrency space, recently released their earnings reports, offering a glimpse into the financial health of these companies. At first glance, it appears that Coinbase has beaten revenue expectations, while MicroStrategy reported a loss. But is this picture as straightforward as it seems? Let's start with C...
The U.S. Securities and Exchange Commission has filed settled charges against Plutus Lending LLC, doing business as Abra, for allegedly failing to register its retail crypto asset lending product, Abra Earn. The SEC charged Abra with violating registration requirements under the Securities Act of 1933. Abra Earn allowed individuals to lend their cryptocurrencies to ...
The news that Coinbase's Chief Financial Officer, Alesia Haas, claims that Kamala Harris is using the company's Commerce platform to accept crypto donations has sent shockwaves through the crypto community. But is this claim accurate, and what does it mean for the future of crypto in US politics? Haas made the statement during a conversation with Citigroup's direct...
The world of cryptocurrency is known for its unpredictability, but the latest developments involving Donald Trump's family take the cake. In a shocking turn of events, two Trump family members, Lara and Tiffany, had their Twitter accounts hacked, resulting in them posting links to scam crypto websites. But is this the first instance of the Trumps getting entangled in...
Cryptocurrency exchange Coinbase has just experienced its worst week of the year, with the value of its shares plummeting by 20%. This decline is part of a broader trend in the crypto market, which has seen a significant downturn in recent weeks. What's behind this sudden drop in value? Is it a sign of a deeper problem in the crypto industry, or just a temporary blip...
The CEO of Coinbase Global, Brian Armstrong, recently emphasized the need for clear regulation in the crypto universe. He believes that such legislation would provide a level playing field, subsequently attracting a massive influx of capital into the crypto space. Armstrong's assertion is that the United States will eventually follow the path already taken by other c...