Tag: Coinbase

Crypto’s Indiana Jones? Coinbase exec helps recover $322K worth of once-lost crypto

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It’s not every day that one discovers they’ve suddenly become $322,000 richer — but for one lucky crypto investor, this is exactly what happened in the waning hours of July 5. In a recent Twitter thread, Conor Grogan, the head of product at Coinbase explained how he uncovered hundreds of thousands worth of dormant crypto and even managed to contact its unaware owner. I found $322k for a stranger who previously lost their life savings in a hack pic.twitter.com/K1gUqEkAPh — Conor (@jconorgrogan) July 5, 2023 When the Ethereum blockchain forked…

Nasdaq refiles Valkyrie’s spot Bitcoin ETF application, includes Coinbase as surveillance partner

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The most recent filing involving cryptocurrency fund manager Valkyrie’s application for a spot Bitcoin exchange-traded fund (ETF) in the United States followed others by including a “surveillance-sharing agreement” with Coinbase. According to a July 3 filing with the U.S. Securities and Exchange Commission, the Nasdaq stock exchange refiled for a proposed rule change allowing the listing of a spot Bitcoin (BTC) ETF for the Valkyrie Bitcoin Fund. The filing included details of a June 30 agreement with Coinbase aimed at giving Nasdaq “supplemental access to data regarding spot Bitcoin trades.”…

Coinbase Stock (COIN) Explodes After Crypto Exchange Named in New Bitcoin ETF Filing

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Shares of Coinbase (COIN) are up after news that exchange operator Cboe Global Markets has refiled its spot Bitcoin exchange-traded fund (ETF) application. The U.S Securities and Exchange Commission (SEC) previously rejected Cboe’s application, which was filed on behalf of financial giants BlackRock and Fidelity, for being unclear and incomprehensive. Bloomberg senior ETF analyst Eric Balchunas said at the time that there were certain details that the SEC wanted, including the naming of a crypto exchange to help facilitate the ETF. “Basically [the] SEC wants them to name the ‘crypto…

BlackRock spot Bitcoin ETF filing names Coinbase as ‘surveillance-sharing’ partner

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The most recent filing involving asset manager BlackRock’s attempt to launch a spot Bitcoin exchange-traded fund (ETF) included a “surveillance-sharing agreement” with cryptocurrency exchange Coinbase. According to a June 29 filing with the United States Securities and Exchange Commission, the Nasdaq stock exchange refiled for a proposed rule change allowing the listing of BlackRock’s Bitcoin (BTC) exchange-traded fund. The filing included details of a June 8 agreement between the Nasdaq and Coinbase “intended to supplement the exchange’s market surveillance program” and provide access to data on spot BTC trades. JUST…

BlackRock Bitcoin $BTC ETF Application Refiled, Naming Coinbase $COIN as ‘Surveillance-Sharing’ Partner

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Several other pending applications, including one on behalf of BlackRock’s money-management rival, Fidelity, have since been updated to name Coinbase as the partner for the surveillance-sharing agreements. The sponsor of a bitcoin trust must enter a surveillance-sharing agreement with a regulated market of significant size to secure a go-ahead from regulators, based on a reading of according to the SEC’s previous rulings. Original

Cboe’s BZX Exchange Names Coinbase for Surveillance-Sharing Agreement in Refiled Spot Bitcoin ETF Applications

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Cboe’s BZX Exchange has identified crypto exchange Coinbase as the designated market for its surveillance-sharing agreement. The exchange recently refilled its ETF applications on behalf of several aspiring bitcoin ETF issuers, including Fidelity, WisdomTree, VanEck, ARK Invest, Galaxy/Invesco, and BlackRock, media reports said. These companies hope to bring a spot bitcoin ETF that the U.S. Securities and Exchange Commission (SEC) has previously rejected for years. While BlackRock has filed its spot bitcoin ETF with Nasdaq, the other firms are collaborating with Cboe. On Friday, the SEC informed both Nasdaq and…

SEC vs Coinbase Case Slated for July 13

In the Coinbase defense that triggered a new hearing date in July, the exchange noted that many of the tokens SEC highlighted in its allegations are outside the Commission’s purview. The long-awaited legal battle between crypto exchange Coinbase (NASDAQ: COIN) and the US Securities and Exchange Commission (SEC) has been scheduled to hold on the 13th of July. Coinbase is just one of the crypto companies under the radar of the US financial watchdog. The Commission alleges that the exchange has been operating its crypto asset trading platform as an unregistered national securities…