Jesse Pollak Takes Helm of Coinbase Wallet Team
TL;DR Jesse Pollak, creator of the Ethereum Layer 2 blockchain Base, was appointed to lead the Coinbase Wallet team. This strategic move aims to enhance...
Coinbase
Coinbase Surpasses Q2 Expectations with Robust Subscription Growth
TL;DR Coinbase beat revenue expectations in the second quarter, reaching $1.4 billion, with a significant increase in subscription and services revenue. Transactions on Coinbase’s Base...
Friend.tech Reverses Decision: Stays on Base L2 Network
TL;DR Friend.tech Stays on Base L2 Network:Â The decentralized social media platform Friend.tech has reversed its decision to leave the Coinbase-incubated layer-2 network Base. Instead, it...
Coinbase Announces Staggering First-Quarter Revenue of $1.6 Billion
TL;DR Coinbase’s Robust Growth: Coinbase, the leading US cryptocurrency exchange, announced a staggering first-quarter revenue of $1.6 billion, marking a 72% increase from the previous...
Celsius Network’s Significant Ethereum Transfer to Coinbase
TL;DR Celsius Network’s Significant Ethereum Transfer: Celsius Network, a crypto lending platform, transferred $24.5 million worth of Ethereum (ETH) tokens to Coinbase. This transfer, involving...
Brian Armstrong Celebrates Major Victory in Legal Battle with the SEC
TL;DR Coinbase CEO Brian Armstrong celebrates a major victory in the legal battle against the SEC. Court dismisses claims against Coinbase Wallet, while most SEC...
Ark Invest Takes Profits Following the Rise in Coinbase Shares
TL;DR ARK Invest sold a significant portion of its shares in Coinbase due to the increase in their price. This profit-taking strategy is part of...
Coinbase Gets Neutral Rating from Goldman Sachs After Crypto Rally
TL;DR Goldman Sachs upgrades Coinbase from sell to neutral, following a rally in the crypto market and Coinbase’s strong performance in Q4 2023. The bank raises...
Coinbase: Revolutionizing the Role of Pennys with Blockchain
TL;DR Coinbase’s campaign highlights the annual loss of $1.2 million worth of pennies in the US, and the high cost of producing this currency. Coinbase...
Coinbase: Allegations of Unauthorized Token Conversion Spark Legal Controversy
TL;DR Coinbase is facing allegations over the alleged unauthorized conversion of its customers Songbird tokens. Lawyers criticize Coinbase’s actions, pointing out possible legal violations such...