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Then there's Coinbase's announcement that it would be conducting a $1 billion stock buyback. This announcement signals confidence in the company's long-term outlook and success.
Shares of the crypto exchange rallied on the news before giving up gains. Coinbase CEO Brian Armstrong said it marked a "huge day" for the company, adding that the SEC's case was "bogus ...
The crypto exchange's move comes amid a broader industry push to lobby lawmakers for a regulatory framework to support the sector's growth. Most traditional U.S. banks have steered clear of ...
Coinbase must face a lawsuit by customers who accused the largest U.S. cryptocurrency exchange of illegally selling securities without registering as a broker-dealer, a federal judge ruled on Friday.
Coinbase, the largest U.S. crypto exchange, sued the Securities and Exchange Commission last year in an effort to compel the regulator to act on a petition for rulemaking Coinbase filed in 2022.
Coinbase also posted significant revenue from stablecoins and blockchain rewards. The crypto exchange has a revenue-sharing agreement with Circle, the issuer of USDC, the second-largest stablecoin ...
The theft erased earlier positive sentiment from crypto exchange Coinbase's announcement that the Securities and Exchange Commission agreed to drop its enforcement case against the company ...
Coinbase cashed in for the final quarter of 2024.Shares of the crypto exchange fell slightly to $295.18 each in premarket trading on Friday, despite a better-than-expected earnings report the ...