#coinbase

#coinbase

A federal judge in Nevada has shut down Coinbase Financial Markets Inc.'s last-ditch effort to stop state gambling regulators from cracking down on its event-based trading products, clearing the way for the case to continue in state court. In a February 7 order, U.S. District Judge Cristina D. Silva denied Coinbase's request for a temporary restraining order and a preliminary injunction. She also dismissed the company's federal lawsuit without prejudice, ending the case and sending the dispute back where it started.

offers products referred to as event contracts for sale on its mobile app, which are made available to people in Nevada. The Board considers offering sports event contracts, or certain other event contracts, to constitute wagering activity under NRS 463.0193 and 463.01962 and, therefore, entities offering such event contracts must be licensed.

While we respect the ASA's decision, we fundamentally disagree with the characterisation of a campaign that critically reflects widely reported economic conditions as socially irresponsible,

A caller claiming to be "Coinbase support" can sound polished, patient and strangely urgent, which is exactly the mix that makes smart people move too fast. In a recent case, onchain investigator ZachXBT said this kind of impersonation campaign netted an alleged scammer roughly $2 million in crypto from Coinbase users and that the suspect's own online footprint helped connect the dots.

"We frankly didn't want to be in a place where rules could be subverted by an activist judge," she said.

Crypto markets continue to struggle on the back of the FOMC meeting this past Wednesday. Fed Chair Powell's comment of no guarantee of cuts in December has had markets reeling, with Bitcoin beginning to recover today, trading above its 200 day SMA at around $110,000 at this time of writing. But Bitcoin's recovery is not as significant as Z-Cash, the crypto story of the moment.

"We continue to investigate the root cause for the network connectivity issues," wrote Amazon Web Services (AWS) late Monday morning. Coinbase acknowledged the impact of the AWS outage on its services. "Many online services, including Coinbase, experienced issues," a spokesperson said in a statement to Fortune. "Coinbase services have recovered. Some older asset transfer requests are still pending, which we are investigating."

We've yet to be able to track down his Coinbase account info, so we've never sold anything, and this bitcoin is just through the roof,

Coinbase approaches advertising as a net benefit for users and frames it expansively, viewing it as an essential growth mechanism rather than a user experience risk.

"Partnering with Coinbase accelerates our ability to bring innovative, crypto financial solutions to our clients. We will also provide PNC's best-in-class banking services to Coinbase. This collaboration enables us to meet growing demand for secure and streamlined access to digital assets on PNC's trusted platform."

Token creation and cap table management is part of the process. If we want to bring a billion people on chain, this process needs to be much easier and less broken.

Our objectives aligned further as we deployed PYUSD in combination with our payments expertise, enabling greater commerce applications.

‘While we will continue to provide offices for employees who prefer to work in them, designating one location as our headquarters feels counter to our culture.’