Coinbase
Coinbase Could Shut Down ETH Staking if Pressured by Regulators, CEO Says
Responding to a hypothetical scenario on Twitter, Coinbase CEO Brian Armstrong said if regulators threatened the crypto exchange to censor Ethereum (ETH) transactions, he would rather shut down its ETH staking service to preserve the integrity of the blockchain network. "The Hash" panel discusses what this means ahead of Ethereum's historic transition to a proof-of-stake (PoS) consensus.
JPMorgan: Coinbase Would Benefit From ETH Merge; EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings
Crypto exchange Coinbase (COIN) is positioned to benefit from the Ethereum Merge as clients get value from staking ether (ETH), JPMorgan analyst Kenneth Worthington said. European Union banks exposed to crypto would face caps and hefty capital requirements under proposed amendments to a financial-services law published Wednesday.
Bitcoin Holds Above $24K Amid Improving Sentiment
Cryptocurrencies are mostly higher Friday as bullish sentiment returns into the weekend, with bitcoin (BTC) trading around $24K. CoinDesk’s Brad Keoun and Christie Harkin discuss this week’s developments potentially driving upward momentum of the crypto markets, including BlackRock’s partnership with Coinbase and the Tornado Cash saga.
BlackRock Launches U.S. Spot Bitcoin Private Trust
BlackRock, the world’s largest asset manager, has launched a spot bitcoin (BTC) private trust for U.S.-based institutional investors. "The Hash" hosts discuss BlackRock's continued bets in crypto and why its direct BTC exposure is a "bullish sign" for the industry. Plus, the latest on BlackRock's partnership with Coinbase as the crypto exchange faces an SEC inquiry over its product offerings.
Coinbase Q2 Earnings Miss Estimates
Coinbase reported a net loss of $1.1 billion in the second quarter of the year and missed analysts’ estimates for revenue. Dexterity Capital Managing Partner Michael Safai discusses the outlook for Coinbase amid the SEC inquiry regarding the exchange’s listing of cryptocurrencies that could be considered be securities.
Coinbase Executives Issued ‘False Statements’ Ahead of Public Listing, New Lawsuit Alleges
A Coinbase shareholder is seeking damages from nine company executives and board members on behalf of the exchange for its allegedly misleading public listing.
Coinbase Q2 Earnings Expected Next Tuesday
The “All About Bitcoin” Week in Review panel discusses what’s to come in the world of bitcoin and crypto regulation next week as Coinbase is expected to release its 2022 second quarter earnings Tuesday and investors await the July CPI report.
Meta Rolls Out NFT Feature Across 100 Countries After Coinbase Integration
Social media giant Meta (META) has started to roll out non-fungible tokens (NFT) across 100 countries after integrating with Coinbase (COIN) Wallet and Dapper. FLOW tokens rallied on the news. “The Hash” team discusses the latest in Meta’s blockchain ambitions.
Coinbase-BlackRock Deal; India’s Blockchain Outlook
Coinbase partners with Blackrock to provide institutional crypto access. Ex-finance secretary says blockchain in India got off on wrong foot. Court allows Voyager to return $270 million to customers. Instagram expands NFT platform to 100 countries. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."