Brian Armstrong Archives

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10 November, 2023

Coinbase access in Kazakhstan blocked over illegal operations

Kazakhstan is prohibiting access to Coinbase due to violations of digital asset laws, citing specific provisions prohibiting unsecured assets and...

Business

Steven Stradbrooke

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3 November, 2023

Coinbase posts seventh straight loss-making quarter despite USDC boost

Coinbase marked its seventh consecutive quarter in which it failed to turn a profit, with the latest figures showing a...

Business

Steven Stradbrooke

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19 October, 2023

Coinbase frets as US pols seek new weapons to fight ‘crypto’ terror financing

Digital asset exchange Coinbase issued a blog post on October 17 emphasizing its commitment to “rooting out bad actors seeking...

Brian Armstrong’s ‘Make Coinbase Great Again’ campaign falling flat

Business

Steven Stradbrooke

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21 September, 2023

Brian Armstrong’s ‘Make Coinbase Great Again’ campaign falling flat

Coinbase is trying to rally support for reducing regulatory oversight of its operations, even as U.S. regulators warn that additional...

Coinbase reboots Base blockchain, squabbles with Circle over USDC revenue

Business

Steven Stradbrooke

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7 September, 2023

Coinbase reboots Base blockchain, squabbles with Circle over USDC revenue

In a desperate attempt to revive its revenue, Circle returned its stablecoin to Coinbase's Base blockchain, a so-called "decentralized" network...

Is Coinbase seriously celebrating 16 transactions per second?

Business

Gavin Lucas

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25 August, 2023

Is Coinbase seriously celebrating 16 transactions per second?

Coinbase's Base hit 16 transactions per second earlier in August, a number inferior to what a blockchain could do and...

Questions raised as Coinbase, Circle rejig USDC stablecoin relationship

Business

Steven Stradbrooke

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23 August, 2023

Questions raised as Coinbase, Circle rejig USDC stablecoin relationship

Circle assumes "direct accountability" for USDC following the dissolution of the Centre consortium as a stand-alone entity, with plans to...

Business

Steven Stradbrooke

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18 August, 2023

Circle disses Tether; Coinbase’s risky business plays raise eyebrows

Circle's Dante Disparte takes a swipe against Tether over the latter's "unsafe, opaque" operations, while Coinbase seemingly resorts to unethical...

Coinbase losses increase as trading volume dries up and USDC shrinks

Business

Steven Stradbrooke

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7 August, 2023

Coinbase losses increase as trading volume dries up and USDC shrinks

Coinbase generated revenue of $707.9 million in the three months ending June 30, a 12.5% decline from the same period...

Business

Gavin Lucas

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1 August, 2023

SEC asks Coinbase to stop trading everything but ‘Bitcoin’—here’s what that means

Coinbase CEO Brian Armstrong slams the securities regulator for asking the exchange to halt trading, excluding Bitcoin, saying that doing...

SEC says Coinbase knew all along it was breaking the law

Business

Steven Stradbrooke

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11 July, 2023

SEC says Coinbase knew all along it was breaking the law

The U.S. Securities and Exchange Commission delivered its latest filing to the federal court overseeing its civil charges against Coinbase...

SEC pumps brakes on BTC ETF, Coinbase argues that it’s above the law

Business

Steven Stradbrooke

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3 July, 2023

SEC pumps brakes on BTC ETF, Coinbase argues that it’s above the law

The U.S. securities regulator believes the flurry of ETF applications it has received in recent weeks are “inadequate” and thus...

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