Tag: Coinbase

Crypto Exchange Coinbase Adds Support for Two Little-Known Altcoins Built on Ethereum As Markets Dip

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The largest crypto exchange platform in the US has just rolled out support for two under-the-radar altcoins built on top smart contract platform Ethereum (ETH). In a new announcement, Coinbase says it’ll launch trading for NFT-focused SuperRare (RARE) and food supply-chain platform TE-FOOD (TONE) on Tuesday once liquidity conditions are met. SuperRare is an exclusive crypto art marketplace that lists a curated selection of digital artwork from high-profile NFT artists and creators. Its marketplace began as a centralized platform until last year when it introduced RARE, its governance token, and…

Coinbase CEO Brian Armstrong Reveals What It Takes for Altcoins To Be Listed on Exchange

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The head of the biggest crypto exchange in the US is revealing the company’s strategy for listing new digital assets on its platform. In an interview with Lex Fridman, Coinbase CEO Brian Armstrong says that the first step of listing an altcoin on the exchange is determining whether or not the asset qualifies as an unregistered security. “We basically have a test of legality. We check: ‘Do we believe this is a security?’ If so, it can’t be listed on Coinbase. And there’s a very rigorous process we go through…

SEC INVESTIGATES COINBASE | BITCOIN DROPS DUE TO RECESSION FEARS

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today let’s talk about SEC’s investigation probe into Coinbase. Also, let’s talk about recession fears and how the current administration is downplaying them. Also Bitcoin and Crypto news. 📊Buy Bitcoin & Crypto w/Bitget (No KYC and up to $8000 Bonus) 🟪Buy Bitcoin & Crypto with IRA/401k w/ItrustCapital ($100 Bonus) 💳Get a Bitcoin Reward Credit Card (1.5% Back in BTC): 📈Buy Stocks, ETFs, Options w/ MooMoo (Earn 10 Free Stocks up to $2500) 🚧Buy Crypto Domain Names w/ Unstoppable Domains: 🚨Protect Yourself with…

Cathie Wood’s Ark Invest Sells 174,611 Coinbase Shares Amid 85% Wipeout in the Crypto Exchange’s Stock Price

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Veteran hedge fund manager Cathie Wood’s ARK Invest is cutting its stake in the shares of Coinbase crypto exchange. An update on a website tracking the holdings of ARKW, ARK Invest’s innovation-focused fund, reveals that the investment firm offloaded approximately 174,611 shares of Coinbase on July 26th. ARKW is an exchange-traded fund (ETF) focused on companies in fields such as blockchain technology, big data, Internet of Things, fintech, and cloud computing. ARK Invest now holds 1.3 million shares of Coinbase, down from the 1.5 million shares that it held in…

First Mover Americas: Crypto Traders Await Fed Meeting, Bitcoin Rises, Cathie Wood’s Ark Dumps Coinbase Shares

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Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer

An investigation reportedly launched by the Securities and Exchange Commission (SEC) into Coinbase’s alleged trading of unregistered securities could have a “serious and chilling effect” on crypto exchanges and token projects, according to a legal expert.  Michael Bacina, an Australian digital assets lawyer with Piper Alderman told Cryptox that the impact on exchanges and projects may occur whether or not the tokens are ultimately found to be securities.  “Given many of the tokens the SEC has called securities in their insider trading prosecution are listed and trading on Coinbase and…

‘Big Short’ Investor Michael Burry Doubts SEC Has Resources or IQ to Investigate Crypto Listings on Coinbase Correctly – Regulation Bitcoin News

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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, believes that the U.S. Securities and Exchange Commission (SEC) neither has the resources nor the IQ points needed to correctly investigate crypto listings on Coinbase. Michael Burry on SEC Investigating Crypto Listings on Coinbase Famous investor and founder of investment firm Scion Asset Management, Michael Burry, briefly commented on the U.S. Securities and Exchange Commission (SEC) investigating crypto exchange Coinbase Tuesday. He is best known for being the first investor to foresee and profit from the U.S. subprime…

Cathie Wood sells Coinbase shares amid insider trading allegations

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Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June. One of the largest stockholders of the Coinbase cryptocurrency exchange has dumped a massive amount of shares as regulators reportedly probe the firm for alleged insider trading. Cathie Wood’s investment firm Ark Investment Management has sold a total of more than 1.4 million Coinbase (COIN) shares, according to trading data compiled by Bloomberg. The sale involved three Ark exchange-traded funds (ETF), including Ark Innovation ETF (ARKK), which offloaded…