Coinbase hit with $350 million patent infringement suit
Coinbase's credibility is once again put into question as it faces a $350-million lawsuit from a global blockchain-based software for allegedly infringing the latter's intellectual property.
Latest Coinbase News
Brother of ex-Coinbase manager pleads guilty in insider trading case
Nikhil Wahi admitted that he received tips from his brother, who was a former product manager at Coinbase, about upcoming listings and made $1.4 million from them.
Coinbase funding Tornado Cash users’ lawsuit against US Treasury Department
Coinbase's Chief Legal Officer Paul Grewal said the sanctions "set a dangerous precedent" and claims it will have a chilling effect on software development.
Coinbase-backed Rain Financial dismisses more employees as digital asset market slump continues
The company cites the persisting price slump in the digital asset market with Rain's co-founder and CEO, noting that the volatility in the industry has resulted in "unfortunate changes."
Coinbase failed to protect user assets, new class action lawsuit claims
The lawsuit further claimed that by locking users out of their accounts, Coinbase caused them financial harm, in addition to offering unregistered securities.
Coinbase: Study reveals insider trading on 25% of new token listings
A trio of Australian researchers released a new study that sought evidence of “individuals using private information to buy coins prior to their listing announcement and profiting from the typical price surge that follows the announcement.”
Ethereum’s Merge already causing more problems than it’s solving
Ethereum’s long-awaited transition to a proof-of-stake (PoS) blockchain has a new launch date but the shift may actually create more problems than it solves.
India going after WazirX over its role in yet another $130M laundering scandal
The Enforcement Directorate accuses WazirX of using an opaque management setup and poor KYC programs to allow exploitative loan apps to launder millions between India and China.
The government is finally cracking down on ‘crypto’: Joshua Henslee summarizes the market
BSV thought leader Joshua Henslee paints a picture of utter carnage in the digital currency industry with the recent crackdowns on popular exchanges, lending platforms, and other companies.
Coinbase shareholder sues company over ‘gross mismanagement’
In a suit filed in Delaware on August 4, Donald Kocher accused former and current Coinbase officers of "breaches of fiduciary duties, unjust enrichment, abuse of control and gross mismanagement."
Coinbase loses $1.1 billion, stock compensation gravy train rides on
Coinbase lost over $1 billion in the second quarter while warning investors that the digital currency exchange expects this current ‘crypto winter’ to be a multi-year affair.
Coinbase faces (another) class action, investors brace for Q2 carnage
Coinbase has been hit with a class action lawsuit that accuses the struggling digital currency exchange of misleading customers on a number of fronts, including about the safety of assets stored on the site.