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Latest from Helene Braun
Coinbase Shares Slump After SEC Files Suit Against Company
Major shareholders include Vanguard Group, Cathie Wood’s ARK Invest, Nikko Asset Management, Fidelity and BlackRock.

Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry
The SEC brought 13 charges against Binance, alleging the exchange violated federal securities laws.

Crypto Hedge Fund Arca Has Trimmed 30% of Its Staff
The company currently has 66 employees, according to LinkedIn.

Coinbase Shares Drop 10% Following SEC’s Suit Against Binance
Bitcoin (BTC) dropped below the $26,000 mark, while the shares of bitcoin mining stocks fell as well.

Justin Sun Predicts Huobi May Get Hong Kong License in 6 to 12 Months
He says other exchanges, including OKX, Gate.io, Bitget and ByBit might also apply for a license.

Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development
Binance recently announced its exit from Canada as well, while Coinbase, Kraken, and Gemini among others stay committed.

Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others
Other participants of the network include BNP Paribas, Cboe Global Markets and Microsoft.

P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension
The platform shut down in April after the CEO expressed concerns about the safety of customer funds owing to a lawsuit from its co-founder.

Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty
The crypto exchange’s first quarter revenue of $773 million was up 23% from the previous three months and blew past estimates for just $655 million.

Coinbase Shares Rise as Q1 Revenue Grows 23% to $773M From Q4
The crypto exchange reported results after the close on Thursday.
