Coinbase
SEC’s Coinbase Insider Trading Case Is ‘Backdoor Rulemaking,’ Trade Association’s CEO Says
The regulator “piggybacked” off the Justice Department's insider trading case and is using it as a way to define some tokens as securities, Perianne Boring, the Chamber of Digital Commerce’s founder, told “First Mover.”

Unrelated BASE Token Surged Amid Coinbase Layer 2 Network Launch
Base Protocol’s BASE tokens jumped, then dumped, in the past 24 hours following an announcement by crypto exchange Coinbase about the launch of its layer 2 blockchain Base. As of Friday, Coinbase has explicitly stated it has no plans to launch a token for its new blockchain. "The Hash" panel discusses what's behind the BASE rally.

Bitcoin Slips Below $24K Amid New Inflation Data; Coinbase’s New Layer 2 Blockchain Has Rocky Rollout
Bitcoin (BTC) failed to recapture the $24,000 support level following the release of the personal consumption expenditure (PCE) index, also referred to as the Fed's favorite inflation gauge. Plus, crypto exchange Coinbase’s new layer 2 blockchain Base had a rough start on Thursday, drawing a stream of complaints from users on social media.

Token BASE subió 250% luego de que Coinbase lanzara la red de capa 2 Base
Al viernes, Coinbase había declarado explícitamente que no tenía planificado lanzar un token para su nueva blockchain.

Chamber of Digital Commerce CEO Reacts to Coinbase Insider Trading Case
The Chamber of Digital Commerce Founder and CEO Perianne Boring joins "First Mover" to discuss why the crypto lobbying group is urging a federal court to dismiss a case against an ex-Coinbase staffer, arguing it unfairly labels several cryptocurrencies as securities. A blog post from the group reads in part that the litigation between the SEC vs. Wahi "is an unprecedented, stealth attempt to expand the agency’s jurisdictional reach." Boring told CDTV's First Mover, "we see this action as seriously concerning and would have significant ramifications for the digital asset industry."

First Mover Americas: Coinbase's New Layer 2 Network Off to Shaky Start
The latest price moves in crypto markets in context for Feb. 24, 2023.

Tokens of Optimism Ecosystem Surge as Coinbase Unveils Its Layer 2 Base
Coinbase said Thursday that it is using Optimism's technology to launch an Ethereum layer 2 scaling product called Base.

Unrelated BASE Token Jumped 250% After Coinbase Starts Layer 2 Network Base
As of Friday, Coinbase has explicitly stated it has no plans to launch a token for its new blockchain.

Coinbase's New Layer 2 Blockchain, Base, Has Rocky Rollout
The much-anticipated protocol struggled to process user transactions, then became the target of some Twitter shade for changing some terms of a contribution pledge on the fly.
