Coinbase, a renowned player in the cryptocurrency exchange arena, is gearing up to launch an unprecedented event, Onchain Summer, commencing on August 9 through a three-week-long campaign. Meanwhile, in a filing on Friday, August 4, Coinbase asked the U.S. District Court for the Southern District of New York to toss its legal battle with the SEC under a motion for judgment on the pleadings that will compel the judge to consider the SEC’s complaint and Coinbase’s attachment-laden response.
PBN Research
Market Share Growth vs Robinhood
After the tokens were categorized as unregistered securities by the SEC in a lawsuit, several platforms including Robinhood and Revolut said they would end support for the tokens on U.S. platforms.
"This decision has not been taken lightly, and we understand the disappointment this may cause. This suspension does not affect Revolut users outside of the U.S. in any way, and impacts less than 1% of Revolut’s crypto customers globally. Revolut customers in all other markets can continue to sign up and enjoy using our crypto services," a spokesperson for Revolut said.
OnChain Summer
https://twitter.com/coinbase/status/1687087503608881152
Perks
https://www.coinbase.com/blog/celebrate-onchain-summer-with-coinbase
Earn up to $50 in rewards for coming onchain: Quests on Coinbase Wallet reward you in tokens or NFTs for participating in onchain activities. New users can earn up to $50 in crypto for getting started, including our new quest to get ETH on Base using Coinbase Wallet or the web3 wallet in the Coinbase app.
Mint and earn an extended free trial of Coinbase One: Any wallet that mints an Onchain Summer drop will be eligible to receive 60 days free of Coinbase One
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