The biggest news in the cryptoverse for Jan. 4 includes the World Economic Forum outlining its future vision for crypto, the US DOJ taking control of Robinhood shares under dispute by FTX-related part...
Tag: Coinbase
Coinbase Stocks Rise 12% Following $100M Settlement With US Regulators
Cryptocurrency exchange Coinbase reached an agreement to pay a $50 million penalty to New York state’s Department of Financial Services to settle accusations that it enabled customers to open accounts...
Coinbase Commits $100M to Improve AML Compliance Practices
The regulators slapped Coinbase with a $50 million fine for violating anti-money laundering laws. It will commit another $50 million to improve compliance. The bad actors have been using cryptocurrenc...
Coinbase will pay $100m over KYC, AML to NY regulators
According to the New York Times, Coinbase will have to pay $50 million to New York regulators for letting users open accounts with minimal background confirmation. The organization will also spend $50...
Coinbase (COIN) amid risks and the future
There was a time when Coinbase (COIN) was not only the largest US exchange but also the first in the world, but with the passage of time others stole the lead because of the variety of tradable tokens...
Bitcoin Coinbase Inflows Spike, Is This Bearish For BTC?
On-chain data shows the Bitcoin inflows to Coinbase have spiked recently, a sign that may turn out to be bearish for the crypto. Bitcoin Exchange Inflows To Coinbase Register High Values As pointed ou...
Coinbase Reaches Massive Settlement With Regulator After Someone Pulls Off $150,000,000 Fraud Through Exchange
Top US-based crypto exchange Coinbase has reached a settlement with regulators after bad actors stole $150 million using the platform. According to a memo from New York’s Department of Financial Servi...
Coinbase fined $100M over KYC and AML failures
Coinbase has agreed to cough up a total of $100 million to bring an end to an investigation into failures of its anti-money laundering (AML) and know-your-customer (KYC) measures. The exchange announc...
Coinbase shares jump over 12% following settlement with New York regulator
Coinbase shares soared following the exchange’s $100 million settlement with a New York state financial regulator. Coinbase shares rose 12.3% to $37.65 at 12:30 p.m. EST, according to Nasd...
Coinbase Fined $50 M for Lax Anti-Money Laundering Measures
Per a report from the New York Times (NYT), crypto exchange Coinbase (COIN) reached an agreement with the New York Department of Financial Services (NYDFS). The company will pay around $100 million to...
Coinbase had “inadequate” AML measures; settles for $100M with NYDFS
Coinbase will pay a penalty of $50 million for failing to comply with the New York Banking Law and other state regulations, according to a press release on Jan. 4. The largest crypto exchange by tradi...
Coinbase Settles for $100M With Regulators Over Compliance System
Key Takeaways Coinbase has reached a $100 million settlement with the New York Department of Financial Services over its compliance program. The exchange has been fined $50 million, and has agreed to ...
Coinbase stock soars 11% amid $100 million settlement with NY regulator
Coinbase (NASDAQ: COIN) shares spiked more than 11.6% on Wednesday and were trading around $37.50 at 11:30 am ET. COIN’s gains followed the latest crypto-related news for the leading US-based cryptocu...
Coinbase settles with New York financial regulator for $100 million
Coinbase signage in New York’s Times Square during the company’s initial public offering on the Nasdaq on April 14, 2021. Robert Nickelsberg | Getty Images Coinbase settled a case with New...
Coinbase Will Pay $100 Million After Regulators Find ‘Significant Failures’ Heightened Risk Of Criminal Activity
Topline Coinbase, one of the nation’s top cryptocurrency exchanges by trading volume, has agreed to pay $100 million as part of a settlement with New York regulators who allege the firm violated...
Coinbase to pay $100 million over failure to scale AML as business boomed
Coinbase reached a $100 million settlement with the New York Department of Financial Services following investigations into failures in its compliance program. The NYDFS fined Coinbase $50 milli...
Ether, altcoins higher as solana soars 14%, Coinbase gains pre-market after Tuesday’s drop
Crypto prices rose, with solana experiencing the most significant gains. Coinbase rose in pre-market trading after slumping 5% yesterday. Bitcoin was trading at $16,803 at 8 a.m. EST, up 0.6% f...
Coinbase returns to pre-IPO valuation as market cap drops below $8b
Coinbase, one of the most popular cryptocurrency exchanges in the world, has returned to a valuation last seen in 2018, prior to its initial public offering (IPO). Coinbase returns to pre-IPO valuati...
Why Are Out-Of-Pocket Coinbase Customers Holding Up The Criminal Case?
Join Our Telegram channel to stay up to date on breaking news coverage A section of Coinbase customers filed a class action lawsuit against the exchange after suffering losses because of the unauthori...
Coinbase Users Filed a Lawsuit For Stolen Crypto Stalling Investigation
Users of US-based crypto exchange Coinbase who sued the firm in October 2022 for unauthorized crypto transfers on the platform are reportedly stalling the case. In a December 2022 motion, Coinbase tol...
Vitalik Buterin prefers Coinbase over other exchanges, analysis shows
Ethereum (ETH) co-founder Vitalik Buterin almost exclusively deposits to Coinbase, sending orders of magnitude less to other crypto exchanges. Buterin deposited $1.08 billion to centralized crypto exc...
Coinbase Customers That Filed Lawsuit for Stolen Crypto Stalling Investigation: Report
The plaintiffs behind a class action lawsuit against Coinbase who incurred losses from the unauthorized transfer of crypto assets are reportedly stalling the case. According to a new report by Bloombe...
The So-called ‘Queen of Investments’ Added More Coinbase Shares
Cathie Wood, the Founder, CEO and CIO of ARK Invest, an investment management firm, bought more Coinbase shares on the cheap. Her firm has made its largest investment in the crypto exchange Coinbase’s...
Cathie Wood’s Ark Invest Buys More Coinbase Shares
Noted growth investor Cathie Wood is doubling down on Coinbase, despite lingering concerns over crypto winter. ARK Invest made its largest investment in the cryptocurrency exchange’s stock since...
Cathie Wood Stacks Up Additional $5M Worth of Coinbase Stock
Many investors on Wall Street are increasingly becoming bullish about the crypto ecosystem and the technology powering the different digital assets. Prominent fund manager, Cathie Wood has acquired an...
Coinbase Customers Refuse to Share Account Info in Lawsuit
Coinbase customers, who had previously sued the crypto exchange over unauthorized crypto transfers, have continued to hold back their account information in a bid to block efforts to move their case t...
Cathie Wood Led Ark Invest Yet Again Buys Coinbase Shares Amid Dip
19 seconds ago | 2 mins read Exchange News Based on COIN’s closing price of $34.78, the deal represents roughly $5.5 million in value. Coinbase’s share price drop to an all-time low of $31.86 on Decem...
Coinbase Customers Continue to Withhold Info, Impeding Lawsuit
Alex Dovbnya Customers of Coinbase are refusing to provide their account information in continuing lawsuit against company over unauthorized cryptocurrency transfers Customers of Coinbase are not rele...
Bitcoin, ether slip with S&P 500, Nasdaq as year winds to a close; Ark buys Coinbase dip
Most cryptocurrencies slid alongside traditional markets, with Bitcoin and Ethereum both down by about 1%. The cryptocurrencies were trading at around $16,500 and $1,200 at market open. Th...