The Commodity Futures Trading Commission (CFTC) has imposed a $6.5 million fine on Coinbase. The regulator is accusing the Exchange of false or misleading reporting and wash trading, per an official statement.
Coinbase will pay a $6.5 million fine to settle allegations it self-traded cryptocurrencies between 2015 and 2018.
Coinbase's IPO introduces a new set of stake holders in Ethereum's governance community.
The data divulged in Coinbase’s long-awaited S-1 filing is eye-opening. But it’s what the document means for the crypto markets of today and the capital markets of tomorrow that is more meaningful.
At the time of filing, Coinbase had the following cash and crypto-asset holdings: Cash and cash ‘equivalents’ of $1.1 billion, with over $48.9 million worth of US dollar-pegged stablecoin USDC (jointly maintained by Coinbase and Circle), $130 million of Bitcoin, $23 million of Ethereum, and $34 million of other cryptocurrencies.
The CEO of CryptoQuant says a recent 15,200 BTC outflow at Coinbase is a sign that institutions are accumulating for the next Bitcoin bull break.
Leading U.S. crypto exchange Coinbase has acquired trade execution startup Routefire. The terms of the deal were not disclosed.
No more data
No data