Elon Musk is once again sparking serious debate over the future of the U.S. economy—and possibly signaling stronger support for Bitcoin. His recent posts on X (formerly Twitter) have stirred public concern over America’s growing national debt and what it might mean for the future of the U.S. dollar. It
With the U.S. national debt growing faster than ever, Coinbase CEO Brian Armstrong is floating a pretty radical idea that if America treated Bitcoin like digital gold and made it part of its financial strategy. He’s not just hyping crypto, he’s serious about using Bitcoin as a strategic reserve asset.
One of Donald Trump’s top advisors, Kevin Hassett, revealed his asset holdings on Tuesday to the Office of Government Ethics. By reporting total assets worth around $7.6 million, Hassett joined the list of White House officials who disclosed their assets. Unlike Trump’s first term, the White House doesn’t seem to
Coinbase is challenging a lawsuit filed by Oregon’s Attorney General, arguing that the state is overstepping its authority by attempting to regulate digital assets territory the company believes should be governed by federal agencies. In a new legal move, Coinbase has filed to move the case to federal court, accusing
Coinbase Global filed a complaint recently with the SEC on May 14 regarding a threat email it received from unknown actors. The email demanded a maximum of $400 million for not disclosing the customer information it obtained in unauthorized ways. Coinbase seems to have prior knowledge of the customer data
The government of the United States has requested that the Supreme Court accept the Coinbase users’ challenge against the Internal Revenue Service’s effort to obtain their crypto transaction records. On May 30, Solicitor General D. John Sauer claimed in his filing that the user of Coinbase, James Harper, has no
One of the largest crypto exchanges is reconsidering its plans to return to San Francisco. It’s none other than the Brian Armstrong-led Coinbase Global. The exchange has leased a 150,000-square-foot headquarters in the city. The news came to light when San Francisco city mayor Daniel Lurie posted it on his
The crypto industry is urging the Commodity Futures Trading Commission (CFTC) to establish clear regulations for perpetual contracts, a type of derivative that allows indefinite position holding without expiration. Industry players argue that current regulatory ambiguity is hindering innovation and placing U.S.-based platforms at a competitive disadvantage globally. Perpetual contracts
USDC stablecoin issuer Circle has decisively shut down rumors of a potential acquisition by either Ripple or Coinbase, stating clearly that the company is “not for sale.” This clarification follows recent speculation in the crypto space that suggested Ripple had made a takeover offer in the range of $4 to
Coinbase, the major cryptocurrency exchange, is now the target of a class-action lawsuit brought by investors following its late disclosure of a significant data breach and a breach of regulatory compliance. The suit, filed in the U.S. District Court for the Eastern District of Pennsylvania, claims that Coinbase failed to
