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Coinbase Partners with Meta, Ripple, and Others to Combat Online Fraud

Prominent US-based cryptocurrency exchange Coinbase announced the launch of a new initiative called ‘Tech Against Scams’ along with industry leaders Meta, Ripple, Gemini, Kraken, Match Group, and GASO. This coalition aims to tackle online fraud and financial schemes while simultaneously protecting and educating users, highlighting that scams are a tech-wide issue, not restricted to social […]

Coinbase Loses Supreme Court Arbitration Dispute Over 2021 Dogecoin Sweepstakes

On Thursday, the U.S. Supreme Court delivered a unanimous decision against Coinbase Inc. (COIN), addressing an arbitration dispute that emerged from the cryptocurrency exchange’s 2021 Dogecoin (DOGE) sweepstakes. The 9-0 ruling clarified that a court must determine which legal agreement holds precedence when parties are governed by multiple contracts. Supreme Court Upholds Lower Court’s Authority […]

Coinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions

Coinbase’s Layer 2 network – Base – has witnessed a resurgence of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant traction from SocialFi applications such as Friend.Tech. Friend.Tech’s model, which financializes social interactions, has drawn attention, particularly with the launch of its version 2 platform and the airdrop of its FRIEND […]

Coinbase Faces Lawsuit for Alleged Deception in Selling Unregistered Securities

Coinbase cryptocurrency exchange and its CEO, Brian Armstrong, are facing a new lawsuit from a group of plaintiffs from California and Florida alleging that they were deceived into purchasing unregistered securities. This is not the first of Coinbase’s legal hurdles following the United States Securities and Exchange Commission (SEC) lawsuit from mid-2023. Lawsuit Alleges Coinbase […]