The SEC may sue Coinbase if the exchange offers crypto lending

Coinbase has publicly disclosed that the US Securities and Exchange Commission (SEC)  intends to sue the company over a new lending product, dubbed “Lend.” Despite months of effort to engage with the SEC, the largest cryptocurrency trading platform in the US has revealed that it has been left in the dark about how and why…

Coinbase’s ‘poor’ customer service comes under fire

Coinbase came under fire from mainstream media this week as complaints around its customer service filled up grievance forums, a report from CNBC shows. One such user lost over $168,000—stating that the exchange’s customer service was of no help. Complaints of poor customer service frequently make the rounds on social circles (mainly Reddit and Twitter),…

Publicly traded Coinbase (COIN) is buying $500 million in crypto

Publicly traded crypto exchange Coinbase will purchase over $500 million worth of cryptocurrencies as it looks to become a more crypto-centric company, CEO Brian Armstrong revealed in a tweet this morning. “We recently received board approval to purchase over $500M of crypto on our balance sheet to add to our existing holdings. And we’ll be…

Coinbase launches in crypto-friendly Japan

Coinbase, the publicly traded, third-largest crypto exchange in the world, has now expanded to the Japan market, it said in a release this morning. 🇯🇵BIG NEWS!🇯🇵 We’re excited to be launching Coinbase in Japan, one of the first countries to embrace crypto and one of the largest markets by crypto trading volume in the world….

Deduct Crypto Trading Losses From Taxes with Cointracking

For anyone who bought Bitcoin and other cryptocurrencies when their prices were high, there’s a silver lining around the gray state of crypto markets now. Any losses taken could place traders in a lower tax bracket. What’s more, claiming those losses is made easy with Cointracking.  Crypto Taxes 101: How Does it Work? For the…