..

SEC Launches Probe Into Coinbase’s Staking Programs, Plus PositivelyDisruptive Companies Under Ayre Ventures

Written by:
Aaron Goldstein
Published on:
Aug/11/2022

One of the CoinBase's long term goals is to become the #1 staking provider. Staking platforms deploy the staked crypto to help verify transactions and boost blockchain security.

This week, the popular cryptocurrency exchange confirmed that its listing process and staking programs are now under review by the U.S. Securities and Exchange Commission (SEC).

The company said it has received investigative subpoenas and requests from the SEC “about certain customer programs, operations, and existing and intended future products”, including its processes for listing assets, the classification of certain listed assets, its staking programs, and its stablecoin and yield-generating products, according to a quarterly filing. 

The SEC had sent a letter back in May asking for information on its listing process.

Positively Disruptive Companies Under Ayre Ventures

In this episode of CoinGeek Conversations, host Charles Miller is joined by Paul Rajchgod, managing editor of Ayre Ventures.

The firm invests in ground-breaking businesses powered by BSV Blockchain, and as Paul explains, they are keen to encourage existing enterprise companies in the growth stage to explore the opportunities offered by BSV.

- Aaron Goldstein, Gambling911.com

Video News News

Big Wins for Sportsbooks NFL Week 3: Chiefs, Bills Losses a Big Help

Big Wins for Sportsbooks NFL Week 3: Chiefs, Bills Losses a Big Help

Drew Butler, Anthony Becht and 2x Super Bowl winner Jonathan Casillas share their betting picks for this Monday Night Football game.

Dallas Cowboys vs New York Giants Predictions, Prop Bets Monday Night Football

The Dallas Cowboys will once again be without QB Dak Prescott as they prepare to take on the 2-0 New York Giants.

49ers vs. Broncos Prop Bets Week 3

Drew Butler, Anthony Becht, and Jonathan Casillas all share their thoughts and expert predictions for Sunday Night Football for NFL Week 3: San Francisco 49ers vs Denver Broncos.

Wisconsin vs. Ohio State Prop Bets - Week 4

Wisconsin vs. Ohio State Prop Bets - Week 4

The line on this game has moved from -17 to -19.5.  Using the power ratings provided by Sagarin, Gambling911.com gets a number of 12.5.  That indicates a pretty hefty overlay of between 5 and 7 points on this game.

Wisconsin Badgers vs. Ohio State Buckeyes Betting Preview Week 4

In this clip from the BetOnline All Access show, Drew Butler and Gabe Ikard make their picks for Week 3's matchup of Wisconsin vs Ohio State.

Syndicate