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American crypto giant Coinbase received a Wells notice today from the Securities and Exchange Commission. In the wake of Coinbase’s filing regarding the Wells notice, shares of the company are off sharply in after-hours trading. Per a Coinbase SEC filing regarding the matter, the company writes that the government agency’s staff has “advised the Company that […]
SEC sues Tron founder and celebrities, including Lindsay Lohan, Jake Paul and Soulja Boy, for crypto securities violations 
While regulatory action against TikTok feels rather simple, Coinbase’s case has far more gray area.
Welcome back to Chain Reaction. Last week, we looked at web3 without Web 2.0’s winners. This week, we’re looking at a crossover episode for meme investing. You can get this in your inbox every Thursday afternoon by subscribing on TechCrunch’s newsletter page. power to the pumpers A weekly dispatch from the desk of TechCrunch crypto […]
Jesse Powell is stepping down from the CEO role at U.S.-based crypto exchange Kraken, the Wall Street Journal reported last month. Co-founded by Powell and Thanh Luu in 2011, Kraken is now the fourth-largest crypto exchange by volume, according to CoinMarketCap. It’s a critical inflection point for the company, which was valued at $10 billion […]