The post Coinbase Legal Chief Grewal to Exit July 31 Ahead of Bitcoin CLARITY Act Vote appeared on BitcoinEthereumNews.com.
Crypto News Coinbase chief legal officer Paul Grewal will step down on July 31, moving into an advisory role after leading the exchange’s legal team since 2020. Grewal confirmed the transition in posts on X and LinkedIn, framing his six-year tenure — which spanned the industry’s defining courtroom fights — as the achievement he is proudest of. The timing is pointed: his exit lands just days before the US Senate is expected to resume work on the CLARITY Act, the market-structure bill Coinbase has lobbied for aggressively. Grewal said he would remain a Coinbase ally and continue serving on the board of Coinbase National Trust Company after the handover is complete at month-end. The departure triggers a broader reshuffle at the top of Coinbase’s legal organization. Molly Abraham, a vice president of legal who joined the exchange in March 2021, will become general cou
The post SKYAI nears October 2025 lows as manipulation concerns weigh on sentiment appeared on BitcoinEthereumNews.com.
In mid-June, SkyAI [SKYAI] witnessed some short-term bullish momentum. The $0.20 key support zone was defended, and a 216% rally from $0.151 to $0.479 occurred in a week. However, the bears have regained control of the market since then. The altcoin has fallen 92% since the $0.479 high. Researcher Freeman wrote in a post on X that the crash wasn’t the fade of an organic AI hype. Using Nansen data, whales dumping SKYAI during bounces, such as the mid-June one to $0.47, were detailed. The post succinctly broke down the manipulation playbook. Parabolic narrative pump → concentrated supply in few wallets → heavy distribution into retail FOMO → violent dump. Bubblemaps had also flagged patterns it said were consistent with potential market manipulation on centralized exchanges. The pattern was something investigator ZachXBT had also been warning of, in relation to RAVE. AM
The post Base User Growth Story Shows Coinbase Smart Wallets Are Really About Distribution appeared on BitcoinEthereumNews.com.
Base User Growth Story Shows Coinbase Smart Wallets Are Really About Distribution
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The post Base TVL Above $2 Billion Shows Coinbase’s Layer-2 Is No Longer A Side Bet appeared on BitcoinEthereumNews.com.
Base TVL Above $2 Billion Shows Coinbase’s Layer-2 Is No Longer A Side Bet
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OpenAI's Fidji Simo is departing her full-time role as the company's AGI chief and is transitioning to being a "part-time advisor," she said on X.
The news follows Simo's original announcement in April that she would take a few weeks of medical leave due to a neuroimmune condition, shortly after she had taken on the AGI chief title. (She had formerly been the company's CEO of applications). Around the same time, COO Brad Lightcap also stepped down from his role to focus on "special projects," and OpenAI CMO Kate Rouch also stepped down in order to focus on her health. Rouch planned to return to a "more narrowly scoped role" when her health …
Read the full story at The Verge.
Coinbase’s smart wallet rollout is not only a wallet story. It is a Base distribution story. If Coinbase can make wallet creation feel closer to a normal internet login than a crypto ceremony, it has a much better chance
The post Paul Grewal exits Coinbase legal helm before crucial CLARITY vote appeared on BitcoinEthereumNews.com.
Paul Grewal has announced that he will step down as Coinbase’s chief legal officer on July 31, handing over leadership of the exchange’s legal team just days before the US Senate is expected to resume work on the CLARITY Act. Summary Paul Grewal will leave his role as Coinbase chief legal officer on July 31 and become an adviser. Molly Abraham will become general counsel as Congress prepares to revisit the CLARITY Act. Coinbase continues pushing for crypto market structure legislation after its SEC lawsuit was dismissed. According to posts Grewal published on X and LinkedIn, he will move into an advisory role at Coinbase after serving as the company’s chief legal officer since 2020. The announcement also confirmed that legal vice presidents Molly Abraham and Ryan VanGrack will take on expanded responsibilities, with Abraham becoming general counsel and VanGrack serving as vic
Paul Grewal has announced that he will step down as Coinbase’s chief legal officer on July 31, handing over leadership of the exchange’s legal team just days before the US Senate is expected to resume work on the CLARITY Act.…
Base crossing $2 billion in total value locked is a milestone that changes the way the network should be discussed. This is no longer just Coinbase’s experimental layer-2. It is a meaningful DeFi venue with enough liquid
