Crypto
Suspension of Rushi Manche at Movement Labs Follows Coinbase Delisting
Movement Labs has suspended co-founder Rushi Manche due to ongoing investigations related to governance and a token dumping incident.
Crypto
Movement Token Falls 14% as Coinbase Halts Trading
Coinbase is set to suspend trading of Movement's MOVE token, following concerns regarding market practices.
Policy
Coinbase Engages in Supreme Court Battle Over Customer Data Privacy
The U.S. cryptocurrency exchange has submitted a brief in a long-standing legal dispute regarding customer transaction records sought by the IRS.
Tech
Base Network of Coinbase Achieves Initial Rollup Status, Enhancing Decentralization
Coinbase's Base network has achieved a significant milestone by being classified as a 'stage 1' rollup, paving the way for better decentralization.
Crypto
Brian Armstrong's Optimistic View of Crypto as Coinbase Unveils New Bitcoin Yield Fund
Coinbase's CEO expresses optimism about the future of the crypto market as the company announces plans for a new Bitcoin yield fund targeted at institutional investors.
Finance
Coinbase Launches Bitcoin Yield Fund Aiming for 4%-8% Returns
The Coinbase Bitcoin Yield Fund begins operations on May 1, targeting non-U.S. institutional investors with returns sourced from basis trading initially, and lending strategies to follow.
Finance
Coinbase Launches No-Cost Conversion for PayPal's PYUSD as Stablecoin Rivalry Grows
Coinbase has initiated free exchanges between PayPal's PYUSD stablecoin and U.S. dollars, aiming to enhance on-chain payment adoption amid intensifying competition in the stablecoin market.
Corporate News
Riot Platforms Obtains $100 Million Bitcoin-Secured Credit from Coinbase
Riot Platforms has secured a substantial credit line of $100 million from Coinbase, utilizing bitcoin as collateral for its expansion projects.
Finance
Coinbase Set to Gain from Rising Institutional Demand for Crypto: Benchmark Insights
Recent analysis suggests that Coinbase is poised to benefit from growing institutional interest in cryptocurrencies, with a targeted stock price of $252.
Finance
Zora's ZORA Token Airdrop Set for April 23 Amid Viral Buzz
Zora will launch its ZORA token on April 23, 2025, after gaining traction from a recent promotional campaign.
News
CoinDesk Weekly Summary: EigenLayer, Kraken, Coinbase, AWS
A recap of key events in the crypto world, highlighted by controversies and changes within major companies.
Finance
Coinbase Faces Allegations of Front-Running With 'Base Is for Everyone' Token Launch
Three wallets profited by purchasing 'Base is for Everyone' tokens prior to Base's official announcement.
Market News
Crypto Market Dips 41%, Yet Coinbase Anticipates Q3 Recovery
Despite a significant downturn in the cryptocurrency market, Coinbase predicts a potential rebound in the upcoming quarter.
Finance
Coinbase Faces Revenue Challenges Amid Tariff Doubts: Insights from Oppenheimer
Oppenheimer analysts predict that retail trading on Coinbase will suffer due to uncertainties surrounding President Trump's tariff policies, impacting revenue forecasts until 2025.
News
Crypto Winter Seems Imminent as Bitcoin and Major Tokens Dip into Bear Market: Insights from Coinbase
According to Coinbase Institutional, the cryptocurrency market is likely entering a phase of prolonged losses and stagnation, as signs indicate the potential for a bear market.
Finance
Why Canada Must Develop a National Blockchain Strategy, According to Coinbase's Lucas Matheson
Lucas Matheson of Coinbase Canada emphasizes the importance of regulatory clarity and blockchain adoption in the lead-up to the upcoming Canadian election.
Investing
ARK Invest Acquires $30 Million in Coinbase Shares Amid Market Dip
ARK Invest has recently purchased 199,401 shares of Coinbase in a span of three days, seizing the opportunity as the stock price declined.
Finance
Coinbase's Role as a Vital Player in the Crypto Space Highlights Its Potential
Cantor initiates coverage on Coinbase with an optimistic outlook and a significant price target.
Investing
Cathie Wood Makes Bold Moves on Crypto Stocks Amid Market Chaos
ARK Investment's Cathie Wood continues to invest heavily in crypto stocks, showcasing her confidence despite market volatility.
Investing
ARK Invest Purchases Over $13 Million in Coinbase Shares Amid Market Slide
During a significant downturn in the market, ARK Invest seized the opportunity to acquire over 83,000 shares of Coinbase across multiple ETFs.
