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Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator’s Oversight

"The transactions over Coinbase’s platform and Prime are not, and do not involve, contractual undertakings to deliver future value reflecting the income, profits, or assets of a business. They are commodity sales, with the obligations on both sides discharged entirely the moment the digital token is delivered in exchange for

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Coinbase launches bridge for layer-2 blockchain Base, sets mainet launch date

Coinbase, the largest publicly-traded crypto exchange in the U.S., launched a bridge for its Ethereum layer-2 blockchain “Base,” on Thursday and set Base’s mainet launch for Aug. 9.See related article: BlackRock files for spot Bitcoin ETF, taps Coinbase as custodianFast factsFrom Thursday, users can bridge their Ether to the Base

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Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus

New York-based crypto exchange Coinbase reported revenue in the amount of $708 million in the second quarter of 2023, despite the regulatory issues it's faced in recent months, boosted by a custody deal with Blackrock and institutional focus.The exchange said Q2 net revenue reached $663 million, down 10% versus the

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South Korean Exchange Upbit Surpasses Coinbase, OKX in July Trading Volume to Take No. 2 Spot for First Time

Upbit bucked the general market trend, witnessing a 42.3% increase in trading volume to $29.8 billion, pushing the exchange beto the second-largest platform by trading volume, after Binance. Coinbase was previously the second largest crypto exchange by trading volume. Source

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Coinbase CEO hints at Bitcoin lightning network integration

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase is considering integrating Bitcoin’s Lightning Network to facilitate quicker crypto payments. The exchange’s CEO, Brian Armstrong, hinted at it in response to a tweet by Jack Dorsey. The Twitter co-founder, in his turn, questioned Coinbase’s approach toward

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