Coinbase Trading Volume Slows Further as Crypto Winter Continues: Berenberg
“We continue to view COIN’s consumer take rate as being at risk of compression due to competition for market share within a lower volume crypto space,” the bank said.
Coinbase
Coinbase Sounds Alarm on IRS Crypto Tax Proposal
As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.
Tokenized U.S. Treasuries Arrive on Coinbase’s Base with Backed’s RWA Token Issuance
The market for tokenized U.S. Treasuries has grown sixfold this year to $666 million, according to a real-world asset data provider.
Blackbird, Crypto Restaurant App, Raises $24M in Funding Led by A16z
The target audience is restaurant users, but the blockchain-based project comes with its own “Flypaper” and fungible FLY tokens.
Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues
“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said in a Tuesday court filing.
Binance’s Liquid Staked Ether Jumps to $1.2B in TVL After Sudden $500M Inflow
Binance’s liquid staking ether (ETH) saw a sudden $500 million burst of inflows over the weekend, pushing its total locked value (TVL) to $1.2 billion.
Coinbase Successfully Registers With Spain’s Central Bank
The firm has registered as a crypto exchange and custody wallet provider.
Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
Coinbase had showed recent interest in acquiring FTX Europe. (Claudio Schwarz/Unsplash)
Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress
Former U.S. Sen. Pat Toomey, who tried and failed to push his own crypto legislation through Congress before leaving at the start of the year, can’t see how the current Senate will have any better luck, despite recent progress in the House of Representatives.
U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi
The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit.