Author: John Smith
MOODENG price spiked 66% after Coinbase announced the listing of the meme coin Coinbase is a leading US-based crypto exchange Gains for Moo Deng come as most tokens eye new momentum Moo Deng, a meme coin on Solana that went viral amid the global attention on baby hippos in Thailand, has seen its price skyrocket amid a major announcement from Coinbase. On Monday, December 2, crypto exchange Coinbase announced that it had added Moo Deng (MOODENG) to its listing roadmap. The price of MOODENG jumped a massive 66% as the community reacted to the listing news. At the time of…
Coinbase has added Apple Pay for fiat-to-crypto purchases via its Coinbase Onramp The integration brings a tool for building onramps into users’ existing products Coinbase has announced the integration of Apple Pay for its fiat-to-crypto on-ramping. The Apple Pay partnership will see users benefit from easy fiat-to-crypto purchases via the crypto exchange’s Coinbase Onramp, a tool that allows users to build onramps into their existing products. Get on-chain easily with Coinbase Onramp With onboarding to crypto largely complex for many platforms and users, made even more unwelcoming with the back and forth of KYC, Coinbase says its tool removes all…
Cambodia has intensified its digital assets regulatory measures It has placed a ban on 16 popular cryptocurrency exchange platforms Cambodia has reportedly blocked the websites of 16 crypto exchanges amid regulatory efforts to combat potential crypto-related crime. Among those blocked are Binance and Coinbase. Binance is the world’s largest cryptocurrency exchange by trading volume and global user count, while Coinbase is the largest US-based crypto exchange. Cambodia’s crackdown on unregistered exchanges In a move to regulate the crypto space, the Cambodian government requires the exchanges to obtain a legal licence from the country’s Security and Exchange Regulator and the said…
Gurbir Grewal was the enforcement chief at the US Securities and Exchange Commission (SEC) He joins international law firm Milbank as a partner in its litigation and arbitration practice Brian Armstrong has said that Coinbase won’t work with law firms if they hire people who worked against the crypto industry during their time in government. In a post on X, Armstrong, the CEO of Coinbase, said: “It’s an ethics violation in my book to try and unlawfully kill an industry while refusing to publish clear rules. If you were senior there, you cannot say you were just following orders. They…
Peanut the Squirrel (PNUT) has jumped more than 30% in the past 24 hours, bouncing from under $1 amid positive news. The PNUT meme coin price hovered near $1.29 on Wednesday afternoon, up from lows of $0.98. Bulls saw its value rise to intraday highs of $1.38. Coinbase adds PNUT to roadmap PNUT price spiked more than 30% on Dec. 11 after US-based crypto exchange Coinbase announced the inclusion of Peanut the Squirrel on its listing roadmap. The Solana-based meme coin rose in the wake of the announcement, with broader surges for top coins adding to the upside pressure. Assets…
Parcl (PRCL), the native token of Solana-based real estate DEX project Parcl, has dipped 20% in the past 24 hours. The declines come as traders likely take profits following the notable spike on Dec. 17. At the time of writing, PRCL traded around $0.46, down 20% from its 24-hour peak of $0.58 and off the weekly high of $0.61. PRCL dumps post Coinbase listing Coinbase, a U.S based crypto exchange, added its trading support for Parcl (PRCL) on the Solana platform on Tuesday. The exchange opened deposits and withdrawals for the token after listing on both the Coinbase and Coinbase…
A US federal judge has allowed Coinbase to delist WBTC despite BiT Global’s objections. Judge Martínez-Olguín denied BiT Global’s TRO, citing lack of evidence of harm. Despite the delisting and Coinbase launching cbBTC, WBTC dominates the wrapped digital assets market with an 85% share. In a pivotal legal decision, a California federal judge has ruled in favour of cryptocurrency exchange Coinbase, allowing it to proceed with the planned delisting of Wrapped Bitcoin (WBTC). The ruling, delivered by Judge Araceli Martínez-Olguín of the US District Court for the Northern District of California, came after a contentious legal battle initiated by BiT…
Coinbase can now seek guidance from the Second Circuit Court of Appeals to determine if the SEC’s complaints against it are valid The SEC first filed a complaint against Coinbase in 2023, arguing that it operated as an unregistered brokerage in violation of federal securities laws Coinbase has been granted an interlocutory appeal, temporarily pausing its ongoing court case against the US Securities and Exchange Commission (SEC). According to a filing, Judge Katherine Polk Failla of the Southern District of New York granted the crypto exchange’s motion. Filing a complaint on June 6, 2023, the SEC argued that Coinbase amounted…
A three-judge panel from the US Court of Appeals for the Third Circuit has demanded the SEC explain why it didn’t respond to Coinbase’s requests for clear regulations A recent ruling by the panel has called the US Securities and Exchange Commission’s (SEC) actions “arbitrary and capricious” The US Court of Appeals for the Third Circuit has ordered that the SEC explain itself for refusing to set clear crypto regulations when Coinbase requested they do so after the regulator issued the exchange with a Wells Notice in March 2023. According to one of the judges, “Rather than force the agency…