DOJ Files Reveal Epstein’s $3.2M Coinbase Stake in 2014, Fueling LiquidChain’...
Newly unsealed Department of Justice documents have confirmed a bizarre footnote in crypto history: Jeffrey Epstein poured roughly $3.2 million into Coinbase back in 2014. At the time, Bitcoin was trading well below $1,000. It wasn’t just a small punt, either. Records indicate that about half this stake was liquidated in 2018 for nearly $15 […]
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Cryptocurrency exchange Coinbase has revealed user and revenue details in an SEC filing ahead of going public. The post Coinbase Files S-1 Registration Ahead Of Going Public appeared first on Bitcoin Magazine.
U.S. cryptocurrency exchange Coinbase had confidentially filed a draft registration for a public offering to the Securities and Exchange Commission (SEC). Coinbase Sent Draft Registration to the US SEC On December 17, 2020, the exchange made the announcement on its blog, stating that the firm submitted a draft registration statement on Form S-1 with the SEC. The firm also clarified: The Form S-1 is expected to become effective after the SEC completes its review process, subject to market and other conditions. Plans of looking for an initial public offering (IPO) date back from July 2020.....
Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange Coinbase Intel has disclosed it owns Coinbase stock in a quarterly report submitted to the U.S. Securities and Exchanges Commission (SEC) on Friday. The Santa Clara, California-based technology company bought the stake following the listing of the cryptocurrency exchange this spring. According to....
Two influential figures in the cryptocurrency space unpack their individual journeys to understanding the promise of proof-of-stake as The Merge approaches for Ethereum. Ethereum co-founder Vitalik Buterin and Coinbase CEO Brian Armstrong believe that a gradual mind shift and important community contributions led to their backing of Ethereum’s upcoming move from a proof-of-work (PoW) to proof-of-stake (PoS) consensus.The two industry titans joined Coinbase protocol specialist Viktor Bunin on the Around the Block podcast for an enlightening discussion centered on The Merge, which is set to....
In an expected development, bitcoin exchange Coinbase has filed a motion [PDF] in a San Francisco federal court to block the Internal Revenue Service from accessing transaction records of bitcoin users. The IRS filed a civil petition on November 17, targeting transaction records of bitcoiners registered with the exchange between January 2013 and December 2015. On December 1, a federal judge approved the IRS summons demanding Coinbase to reveal the transaction records. An excerpt from the introduction of the motion filed by Coinbase in response to the IRS request reads: [B]ased on three....