{"id":37055,"date":"2021-02-25T20:26:09","date_gmt":"2021-02-25T18:26:09","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=37055"},"modified":"2025-08-29T09:35:10","modified_gmt":"2025-08-29T06:35:10","slug":"coinbase-flags-disclosure-of-satoshi-nakamotos-identity-as-a-risk-for-investors","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/coinbase-flags-disclosure-of-satoshi-nakamotos-identity-as-a-risk-for-investors\/","title":{"rendered":"Coinbase flags disclosure of Satoshi Nakamoto\u2019s identity as a risk for investors"},"content":{"rendered":"<p>The cryptocurrency exchange Coinbase <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1679788\/000162828021003168\/coinbaseglobalincs-1.htm\" target=\"_blank\" rel=\"nofollow noopener\">identified<\/a> competition from the decentralised finance (DeFi) sector and the possible identification of Satoshi Nakamoto as risk factors.<\/p>\n<p><!--more--><\/p>\n<p>The company did not specify how the disclosure of the creator of Bitcoin&#8217;s identity would affect the business.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"2f8LyWOSLk\">\n<p>From a drug dealer to Elon Musk: how Satoshi Nakamoto managed to maintain anonymity after ten years of searching<\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"From a drug dealer to Elon Musk: how Satoshi Nakamoto managed to maintain anonymity after ten years of searching \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/exclusive\/ot-narkotorgovtsa-do-ilona-maska-kak-satoshi-nakamoto-udalos-sohranit-anonimnost-posle-desyati-let-poiskov\/embed#?secret=cOF6FGBShb#?secret=2f8LyWOSLk\" data-secret=\"2f8LyWOSLk\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Other risks cited by Coinbase include &#8216;negative sentiment toward Bitcoin or Ethereum&#8217;, as well as &#8216;unpredictable coverage on social media&#8217; and &#8216;the crypto-asset trend&#8217;.<\/p>\n<blockquote>\n<p>&#8216;We compete with a growing number of decentralised and non-custodial platforms, and the business could suffer if we cannot effectively compete with them&#8217;, the filing states.<\/p>\n<\/blockquote>\n<p>Coinbase also warns that the company&#8217;s revenue &#8216;depends significantly&#8217; on the volatile prices of digital assets, potential platform security breaches, and current and potential litigation.<\/p>\n<p>As a reminder, on February 25 the U.S. Securities and Exchange Commission <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-coinbases-direct-listing-application\">approved Coinbase&#8217;s<\/a> application for [simple_tooltip content=\u2019\u043f\u0440\u043e\u0446\u0435\u0441\u0441 \u0432\u044b\u0445\u043e\u0434\u0430 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u0438 \u043d\u0430 \u0431\u0438\u0440\u0436\u0443, \u043f\u0440\u0438 \u043a\u043e\u0442\u043e\u0440\u043e\u043c \u043f\u0440\u043e\u0434\u0430\u044e\u0442\u0441\u044f \u043d\u0435 \u043d\u043e\u0432\u044b\u0435 \u0430\u043a\u0446\u0438\u0438, \u0430 \u0443\u0436\u0435 \u0441\u0443\u0449\u0435\u0441\u0442\u0432\u0443\u044e\u0449\u0438\u0435 \u0431\u0443\u043c\u0430\u0433\u0438\u2019]direct listing of shares[\/simple_tooltip].<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Coinbase identified competition from the decentralised finance (DeFi) sector and the possible identification of Satoshi Nakamoto as risk factors.<\/p>\n","protected":false},"author":1,"featured_media":37056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[138,111,128],"class_list":["post-37055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinbase","tag-satoshi-nakamoto","tag-sec"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=37055"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37055\/revisions"}],"predecessor-version":[{"id":37057,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37055\/revisions\/37057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/37056"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=37055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=37055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=37055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}