A Based week: Looking back at the first 7 days of Onchain Summer
In just one week, Base has attracted hundreds of thousands of new users, attention from mainstay brands and artists, and unfortunately, scammers as well.
In just one week, Base has attracted hundreds of thousands of new users, attention from mainstay brands and artists, and unfortunately, scammers as well.
Brian Armstrong said the next two weeks will see a series of rapid updates on the biggest pain points for Coinbase app users.
Paul Grewal said Coinbase will seek to dismiss the SEC’s suit on Aug. 4 which will argue that it never sold securities as the regulator alleged.
The company beat estimates while non-trading revenue beat trading revenue.
Armstrong confirmed that Coinbase was looking into adding support for the Bitcoin Lightning Network and reassured its support for Bitcoin payments.
Brian Armstrong claimed SEC staff said all cryptocurrencies but Bitcoin are securities and requested the exchange delist all other cryptocurrencies.
In a recent interview with Cointelegraph, venture capitalist Kevin O'Leary criticized Coinbase's strategy to address the current regulatory environment.
Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing.
In a social media post, Brian Armstrong said he thinks the SEC’s rules are unclear and that the courts need to make rulings to clarify them.
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and…