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The Latest Breaking News from Coinbase

At Least 8 House Dems Back FIT21 Bill Seeking Crypto Sector Regulatory Framework

Some Democrats, including digital assets skeptics, have voiced support for FIT21, a largely Republican-backed bill that could establish clear regulatory guidelines for the crypto industry.

International Business Times

Donald Trump makes crypto first in bid for donations

The Trump campaign said they want to build a ‘crypto army’ leading up to Election Day

The Independent UK

Meta and Coinbase link up with Match to fight pig-butchering, romance scams

A new coalition called Tech Against Scams brings together an unlikely mix of tech, crypto, and dating companies.

Fortune

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Bitcoin Soars To $66K As Whales Move Over $1 Billion Out Of Coinbase

Bitcoin, after soaring in March then plummeting as it moved toward the halving in April, hit $66,000 on Wednesday, adding a significant $5,000 from its opening price.

International Business Times

Billionaire Mark Cuban Blasts SEC For 'One Size Fits All' Approach To Crypto Sector

Cuban has criticized the SEC for pushing its "one size fits all" regulatory approach for the cryptocurrency industry, saying the regulator didn't pick up any lessons from the collapse of early crypto exchange Mt. Gox.

International Business Times

Coinbase investigating system outage as crypto prices slide

Coinbase Global Inc, the largest US crypto exchange, is experiencing a system outage.

The Times of India

Crypto PACs are pouring money into 2024 elections

They've raised $100 million for 2024 congressional elections, according to a recent report by Public Citizen.

Axios

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SEC Tells Court Coinbase Can't Force It To Write Up New Crypto Rules

The SEC is pushing back on Coinbase's request for the regulator to establish new rules dedicated for the crypto sector, saying its existing regulations were adequate to rein in the emerging industry.

International Business Times

New Class Action Complaint Alleges Coinbase 'Knowingly' Violated Securities Laws

Coinbase is once again in the spotlight for all the wrong reasons as a new class action lawsuit from investors alleged that the crypto exchange "knowingly" operated an unregistered business.

International Business Times

EXCLUSIVE: Top Base Memecoin $BRETT Nears $500M Market Cap, Remains Bullish For 2024

$BRETT remains the largest memecoin on Base even with the decline of some leading tokens, and the team behind it has a bullish growth picture for the rest of the year.

International Business Times

Millions In 'Misplaced' Funds Stuck On Bridge Contracts, One Linked To Vitalik Buterin: Arkham

There are several millions in cryptocurrencies waiting to be claimed by their owners on bridge contracts, Arkham Intelligence revealed – one of the wallet owners is Ethereum co-founder Vitalik Buterin.

International Business Times

Coinbase SEC Case: Pro-Crypto GOP Senatorial Candidate Files To Become Legal Counsel

Deaton has entered the picture in the SEC's case against Coinbase, as he filed an amicus curiae on behalf of thousands of Coinbase users.

International Business Times

MicroStrategy's Saylor Thanks Miners, Urges Community To Keep Stacking Post-Halving

Michael Saylor, like other Bitcoiners, continues to be bullish about the world's most popular digital asset as he encouraged the community to keep stacking their Bitcoins after Saturday's halving.

International Business Times

Bitcoin ETFs' First? Grayscale Unveils 'Mini' BTC Trust With Significantly Lower Fee

Grayscale recently announced a plan for a mini version of its spot Bitcoin ETF, and it could become the industry's spot Bitcoin ETF with the lowest fee.

International Business Times

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International Business Times

Coinbase Under Fire: Lawsuit Over Security Lapses Spearheaded by Herman Jones LLP Shake Trust in Crypto Giant

Coinbase's success is a mountain of discontent and controversy. It is embroiled in a series of legal battles and criticism from customers over alleged security lapses and inadequate customer support.

International Business Times

JPMorgan, Goldman Warn Investors This Bitcoin Halving Will Be Unlike Previous Cycles

Investment banking giants believe this Bitcoin halving cycle will not be the same as previous ones wherein prices were driven up by low supply and high demand.

International Business Times

Bitcoin Tumbles Further, Ether Falls Below $3K As BTC Hodlers Hold On

Bitcoin has only fallen further as the digital currency is only two days away from its much-anticipated halving event, and Ether wasn't spared either, dropping below $3,000 Wednesday.

International Business Times

Michael Saylor In Denial? MicroStrategy Chair Criticized For Maximalist Stance Amid BTC Downturn

MicroStrategy's Saylor is still optimistic of Bitcoin even as its price has been down since the weekend, but will "elevating" one's mindset be enough to erase price-related fears?

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International Business Times

2 Bitcoin Whales 'Buy The Dip' From Coinbase 3 Days Ahead Of Halving

Bitcoin whales are amassing more of the digital asset even as the world's first decentralized cryptocurrency saw a sharp drop from its all-time high of $73,000 in March.

International Business Times

Over $1.2 Billion Worth Of Bitcoin Moved Within 24 Hours Amid BTC Plunge

More than one billion worth of BTC moved across wallets and crypto exchanges in the past 24 hours, data from crypto holder tracker Whale Alert revealed.

International Business Times

Kraken, Coinbase Release New Bitcoin Ads Ahead Of Halving As BTC Slumps

Bitcoin has dropped significantly since the weekend and has yet to bounce back, but Kraken and Coinbase are rallying behind the world's largest cryptocurrency, releasing ads that encourage consumers to trade the struggling digital coin.

International Business Times

'Fighting For DeFi': Crypto Community Decries SEC Wells Notice On Uniswap

The crypto space is outraged with the Wells Notice the SEC delivered to Uniswap this week, with many saying they will support the DeFi firm in its legal battle against the crypto-hostile regulator.

International Business Times

Grayscale Moves Over $400M Worth Of Bitcoin Amid Recent BTC Reserves' Continuous Outflows

Grayscale was seen moving over $400 million worth of BTC Tuesday amid a Bitcoin exodus within its spot BTC ETF that has left the crypto community wondering what the future holds for GBTC.

International Business Times

Robinhood BTC Stash Grows By 14% In The Last 6 Months: Arkham Data

Robinhood has grown its Bitcoin holdings significantly in the last six months, placing it just behind Bitfinex and Binance in single cold wallets with the largest known BTC.