Coinbase

Coinbase Stock Tumbles After Crypto Exchange Gets Sued by SEC Coinbase stock tumbles after the crypto exchange and the crypto exchange gets sued by SEC. The US Securities and Exchange Commission (SEC) aimed the most dominant force in the world of cryptocurrencies on Monday, following months of debates, threats, and warnings. The US Securities and Exchange Commission charged Binance and its founder, Changpeng Zhao, with conducting a “web of deception,” charging him and his exchange with 13 charges. Binance manages…

The Securities and Exchange Commission sued Coinbase on Tuesday, accusing the crypto giant of operating as an unregistered securities exchange, broker, and clearing agency, and of offering and selling securities without registering. The lawsuit came just a day after the SEC sued Binance for fraud. And now it’s easy to see why SEC chair Gary Gensler is known as crypto’s nemesis. Gensler is also one of several Biden appointees who are vocal opponents of big technology companies. Now that we’re more than two years into…

The Securities and Exchange Committee filed a lengthy lawsuit against Coinbase on Tuesday, accusing the largest crypto exchange in the US of operating as an illegal, unregistered broker and exchange for its crypto exchange, Coinbase Prime, and its Coinbase Wallet. The legal action comes less than 24 hours after the SEC filed a separate suit against Binance accusing it of running an illegal crypto scheme and engaging in “an extensive web of deception.” It’s only Tuesday, but it’s already looking like one of the shakiest…

For the second time in 24 hours, the US Securities and Exchange Commission has sued a major cryptocurrency exchange. Yesterday, the regulator filed charges against Binance and its CEO, Changpeng Zhao, with accusations of manipulative trading practices, mishandling customer assets, and failures of corporate control. Today, the SEC followed up with a suit against the Nasdaq-listed exchange Coinbase, alleging that it has violated securities laws.The double salvo sends a clear message that the SEC is gunning for crypto. The…

Another day, another regulatory action against a major cryptocurrency company. The has sued , the biggest crypto asset trading platform in the US. It claims that Coinbase operated as an unregistered national securities exchange, broker and clearing agency. The SEC notes that brokers, exchanges and clearing agencies are usually separated in traditional securities markets, but said Coinbase "intertwines" their services. The agency claimed that by failing to register as a broker, national securities exchange or clearing…

Binance was hit with a new lawsuit from the U.S Securities and Exchange Commission Monday. The federal regulator unleashed 13 charges against the world’s largest crypto exchange and its founder Changpeng Zhao Monday, alleging violations of U.S. securities law, accusing the company of operating an illegal exchange.NPR Is Going Dark on Twitter | Future Tech“Through thirteen charges, we allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated…

The cryptocurrency industry continues to witness exciting developments as leading players strive to expand their offerings and services. In an announcement, Coinbase, one of the world’s largest cryptocurrency exchanges, has revealed the launch date for its Base Protocol within 2023.  Simultaneously, Tradecurve, which is a potential game-changing trading platform currently in its presale, will also branch out by launching a trading academy. Let’s explore the implications and potential impact of these initiatives. Summary…

The derivatives market has witnessed significant growth and demand recently, with traders seeking diverse investment options and risk management tools. In response to this trend, Coinbase, one of the world’s leading cryptocurrency exchanges, has launched Bitcoin and Ether futures on its derivatives exchange. Meanwhile, the rising presale star Tradecurve is revolutionizing the trading landscape by offering crypto and derivatives trading within a single account. Keep on reading as we will dive deeper into both of these…

The largest US digital asset exchange Coinbase Global Inc. said the intersection of artificial intelligence and crypto represents an important opportunity for entrepreneurs, including helping to prevent some of the excesses cited by critics of the technology.“As applications within AI and blockchain mature, the disruptions these technologies represent may lead to areas of collaboration and the emergence of new use cases for crypto to help address specific societal challenges posed by AI,” David Duong, head of research at…

The crypto market is constantly evolving, and this latest news from Coinbase is just one example of the changes that are taking place. While there may be some uncertainty in the short term, many investors remain optimistic about the future of crypto.With innovative platforms like Signuptoken.com entering the market, there is a sense of excitement for what is about to come. As the industry continues to mature and become more mainstream, it’s likely that we’ll see even more innovation and growth. To find out more about…