The Coinbase logo is displayed on a mobile phone screen with stock market percentages in the background. Idrees Abbas | Sopa Images | Lightrocket | Getty Images Coinbase on Thursday confirmed the U.S. Securities and Exchange Commission has been investigating whether the crypto exchange has misstated its user numbers. The stock was last lower by…
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase shares soared more than 20% on Tuesday and headed for their sharpest rally since the day after President Donald Trump’s election victory following the…
A smartphone with the Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this photo taken June 8, 2023. Dado Ruvic | Reuters Coinbase shares fell as first-quarter revenue came in shy of Wall Street’s expectations, despite the growth in stablecoin revenue. In the quarter ended March 31, Coinbase earned $65.6 million,…
Coinbase announced Friday that the Securities and Exchange Commission has agreed to drop its enforcement case against the company, pending the approval of the regulator’s commissioners. In 2023, the SEC charged Coinbase with operating an unregistered securities exchange and for failing to properly register its crypto staking program. However, the case was started under former…
In this photo illustration, a Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images Coinbase Thursday reported better-than-expected fourth-quarter results and its biggest quarterly revenue in three years, strengthened by a raging postelection rally that pushed crypto prices to new high after…
