Coinbase’s entertainment team is producing a three-part short film trilogy featuring the Bored Apes as animated characters come to life.
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Coinbase was also caught up in rumors regarding insolvency when three arrows capital
Recently, SEC also initiated an investigation regarding the insider trading incident involving three individuals, including a former employee. The commission also claimed that the tokens listed on the exchange should be registered as securities, without which coinbase
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Additionally, Ark Investments has sold its shares in Coinbase, which led to a more than 21% drop in the shares. It is now trading at $52.93.
Coinbase has been struggling with unfavorable conditions.
However, the exchange has received support from crypto leaders, influencers, and politicians. At the same time, SEC was criticized publicly by various influencers and Coinbase too for not declaring clear rules regarding the listing of securities.
According to crypto influencers, the SEC is engaging in regulation through enforcement and might be trying to get a win at the expense of proper regulation.
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