Tag: Coinbase

Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts

Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts

On Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to crypto assets via the company’s platform. The firm revealed that clients can choose from two Grayscale investment trusts, as the company now offers investments in the Grayscale Ethereum Trust (ETHE) and the Grayscale Bitcoin Trust (GBTC). […]

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Bank of America, Coinbase, FTX Invest in Paxos Series D Funding Round

Bank of America, Coinbase, FTX Invest in Paxos Series D Funding Round

Paxos, a blockchain services and tokenization firm has added Coinbase Ventures, FTX, Bank of America, and Founders Fund as backers in its Series D funding round that started last April. These institutions were listed as “strategic investors,” but the amounts of their contributions were not disclosed. Paxos has now raised more than $540 million in […]

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Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users

Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users

Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability to decentralize products and services has long been among its key value propositions, especially when providing […]

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Coinbase, Executives, Investors Hit With Lawsuit Over Nasdaq Listing

Coinbase, Executives, Investors Hit With Lawsuit Over Nasdaq Listing

A class-action lawsuit has been filed against cryptocurrency exchange Coinbase, its executives, and investors over the company’s direct listing on Nasdaq. “According to the complaint, the registration statement and prospectus used to effectuate the company’s offering were false and misleading,” the lawsuit alleges. Class Action Lawsuit Against Coinbase Scott+Scott Attorneys at Law LLP announced Friday […]

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Coinbase slapped with a class action lawsuit for ‘misleading’ investors

Coinbase is facing a potential class-action lawsuit for misleading investors with unsubstantiated and materially deceiving offering statements. The leading exchange platform was also sued recently for misleading customers into purchasing Dogecoin in exchange for a sweepstakes reward. Coinbase is facing a proposed securities class action as its offerings are claimed to be false and misleading. […]

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Coinbase Commerce Now Supports Dogecoin Payments

Coinbase Commerce Now Supports Dogecoin Payments

Coinbase now accepts commerce payments in dogecoin. With the addition of the meme crypto, Coinbase Commerce now allows customers to check out and pay with seven cryptocurrencies. Coinbase Commerce is a platform by the Nasdaq-listed Coinbase that “enables merchants anywhere in the world to accept cryptocurrency payments in a fully decentralized way,” its website describes. […]

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Bought the Dip? Cathie Wood’s ARK Invest Purchased 450,000 GBTC Shares in Two Days

The latest retracement that drove bitcoin to sub-$30,000 levels has not deterred Cathie Wood’s investment management company ARK Invest. The firm has bought more than 140,000 additional shares of the Grayscale Bitcoin Trust in a day for its ARK Next Generation Internet ETF. ARK Investment Bought the Bitcoin Dip? The price of the primary cryptocurrency […]

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Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets

Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets

On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre Consortium’s accountant, Grant Thornton explaining that the stablecoin’s reserve account information matches the accompanying reserve account […]

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Coinbase customer sues exchange for $5 million after “misleading” Dogecoin advert

Coinbase customer sues exchange for $5 million after “misleading” Dogecoin advert

A Coinbase customer is suing the firm for a misleading Dogecoin trading campaign and seeks $5 million in damages. Elsewhere, Axe is set to launch a limited run of a DOGE-themed body spray known as “Dogecan” for US DOGE fanatics. A Coinbase user has filed a class-action lawsuit against Coinbase, for an allegedly misleading Dogecoin […]

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