The US Securities and Exchange Commission (SEC) filed a lawsuit against the head of the Huobi crypto exchange and the founder of the TRON blockchain, Justin Sun, and sent a notice to Coinbase officially announcing the regulator’s plans to file a lawsuit against this exchange. The SEC has charged Justin Sun and his three companies...
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Coinbase Launched a Public Campaign in Support of Cryptocurrencies
The American bitcoin exchange Coinbase launched the Crypto435 initiative aimed at promoting understanding and support of cryptocurrencies among politicians and regulators. As part of the initiative, Coinbase will provide all interested Americans with information on how to contact the politicians representing them, talk about their views on digital assets, and provide the necessary materials and...
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The Net Loss of the Coinbase Crypto Exchange in 2022 Exceeded $2.6 Billion
According to the financial results report published on February 21 for the fourth quarter of last year, the largest American crypto exchange Coinbase recorded a net loss of $ 557 million, and for the whole year — $2.625 billion. For comparison, in 2021, Coinbase’s net profit amounted to $840 million and $3.624 billion, respectively. According...