Ethereum Team Settles Rumors Around Upcoming Merge – BeInCrypto

The team behind the upcoming Ethereum merge has taken to its website to put to bed rumors regarding what to expect after the merge.
The upcoming merge is predicted by Ethereum co-founder Vitalik Buterin to take place around mid-Sep.

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Coinbase Announces Precautionary Measures Leading up to Ethereum Merge – BeInCrypto

Coinbase has announced that it will pause ETH and other ERC-20 token transactions during the upcoming Ethereum merge.
The exchange is doing this as a precaution to ensure that their systems properly reflect all changes introduced by the merge.

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Hotbit Suspends Withdrawals Amid Investigation by Authorities – BeInCrypto

The Hotbit crypto exchange has suspended trading, deposit, withdrawal, and funding functions until further notice.
The exchange said that a former employee had worked on an unauthorized project that is now suspected of being involved in criminal activity.

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Coinbase Records $1B Loss as Crypto Trading Volume Plummets

Coinbase, the largest cryptocurrency exchange in the U.S. by volume, has posted a loss of more than $1.1 billion for the second quarter.
The publicly-listed exchange fell short of its target for the quarter as key metrics plummeted to the disappointment of investors.

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Coinbase Hit by Another Class Action Lawsuit as Cases Mount Up – BeInCrypto

Coinbase hit by another Class Action Lawsuit While attempting to gain respite from Supreme Court
New lawsuits have been piling up against the US crypto company Coinbase soon after an ongoing investigation by the securities regulator was revealed.
As per Bragar Eagel & Squire, P.C.

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Asset Manager BlackRock Partners With Coinbase, Will Offer Crypto to Institutional Clients – BeInCrypto

BlackRock, one of the largest asset managers, has partnered with Coinbase Global to allow its institutional client base to access crypto while the latter gets an opportunity to reverse its slumping growth rate.

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Crypto Influencer Cobie Disappointed by Coinbase Investigation & FBI Arrests – BeInCrypto

Cobie has said “I don’t feel great about that,” after his tweet led to the arrest of a Coinbase employee and his two associates last week for the crime of insider trading.

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Coinbase and SEC Gearing up for Showdown Over Security Listing

The U.S. Securities and Exchanges Commission (SEC) has opened a full-scale investigation into Coinbase for allegedly listing securities on its platform, barely days after accusing an ex-employee of insider trading.

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