Legal & Regulatory - Coinbase seeks court order regarding SEC's alleged deletion of Gensler's texts [1]

Core Points - Coinbase has accused the SEC of destroying text messages from former Chair Gary Gensler, which could undermine the regulator's credibility in future enforcement actions [1][3] - The SEC's Office of the Inspector General reported that nearly a year of Gensler's text messages were permanently deleted between October 2022 and September 2023 [1][2] - Coinbase is seeking sanctions and expedited discovery from the U.S. District Court for the District of Columbia regarding the SEC's recordkeeping practices [2][3] SEC's Recordkeeping Practices - The SEC has a policy of remotely wiping devices that are disconnected from its network for 45 days, which has led to the destruction of important records [2] - The destruction of records has been described as causing "irreparable harm" and has raised questions about the SEC's moral authority, especially given its history of fining private firms for poor recordkeeping [3] - The Inspector General's report also indicated potential record losses from devices belonging to over 40 other senior SEC officials, with 21 devices flagged for confirmed or suspected data destruction [4]

Group 1 - Cryptocurrency exchange Gemini raised $425 million in its initial public offering (IPO), pricing shares at $28, above the expected range of $24 to $26 [1][2] - The IPO values Gemini at approximately $3.32 billion on a non-diluted basis, based on 118,783,069 outstanding shares [2] - Gemini is set to begin trading on Nasdaq under the ticker "GEMI" with Goldman Sachs and Citigroup as lead underwriters [3] Group 2 - The IPO follows a strategic investment from Nasdaq, which committed to purchasing $50 million worth of shares at the time of the IPO [3] - Despite reporting a net loss of $282.5 million in the first half of 2025, Gemini joins the trend of digital-asset firms going public, becoming the third publicly traded crypto exchange after Coinbase and Bullish [4] - Gemini's business includes over-the-counter trading, a cryptocurrency-backed credit card, and support for major tokens like Bitcoin and Ethereum [4]

🚨 🚨 🚨 🚨 🚨 🚨 🚨 174,000,000 #USDC (173,948,670 USD) transferred from unknown wallet to #Coinbasehttps://t.co/CmkEdhaD41 ...

🚨 🚨 🚨 🚨 🚨 🚨 🚨 174,000,000 #USDC (173,948,670 USD) transferred from unknown wallet to #Coinbasehttps://t.co/lb2gQRWy3g ...

🚨 🚨 🚨 563 #BTC (64,579,988 USD) transferred from #Coinbase to unknown wallethttps://t.co/34qiYymj0Y ...

Core Insights - Coinbase Global (COIN) is collaborating with the founders of Sensible to enhance its on-chain consumer roadmap, aiming to establish itself as the leading "everything exchange" in the crypto industry [1][7] - The company is investing in infrastructure like Base, a low-cost Layer 2 solution designed to improve Ethereum's scalability, speed, and affordability for developers [2][7] - Coinbase's goal is to onboard one billion users onto the blockchain, necessitating a seamless user experience for crypto interactions [3] Competitive Landscape - Robinhood Markets (HOOD) is advancing its on-chain strategy with a Web3 wallet that simplifies crypto trading and access to DeFi for mainstream investors [4] - Block (XYZ) is enhancing its on-chain strategy through TBD, focusing on open-source protocols for decentralized finance and expanding Bitcoin's utility [5] Financial Performance - COIN shares have increased by 28.6% year-to-date, outperforming the industry [6][7] - The current price-to-earnings ratio for COIN is 51.2, significantly higher than the industry average of 20.57, indicating an expensive valuation [8] - Consensus estimates for COIN's EPS in 2025 have decreased by 1 cent, while estimates for 2026 have increased by 1 cent [10][11]

据OnchainLens监测，贝莱德已向Coinbase Prime存入44,774枚ETH(约1.9529亿美元)和900枚BTC(约 1.0167亿美元)。 （责任编辑：张晓波 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

Listing & Market Expansion - Large global exchanges are listing $USELESS [1] - The listing on major exchanges like Coinbase, Binance US, Kraken, Gate, Bitvavo, Crypto dot com, Kucoin, and Phemex is anticipated [1] - The market predicts a potential price increase for $USELESS, targeting $1, $2, and $10 [1]

🚨 🚨 🚨 438 #BTC (50,143,350 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/LB9LBNo5G5 ...