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26Serious

Thu, Jul 10, 2025
10:28 PM
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26Serious

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Negative

26Serious

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26Serious

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Coverage Details
Total News Sources
2
Left
1
Center
1
Right
0
Unrated
0
Last Updated
22 days ago
Bias Distribution
50% Center
24 days ago
Updated 22 days ago
Coinbase Criticized for US Army Parade Sponsorship
Coinbase Criticized for US Army Parade Sponsorship

Coinbase Criticized for US Army Parade Sponsorship

News summary

Coinbase is facing significant backlash from the crypto community after sponsoring the US Army's 250th anniversary parade in Washington, D.C., an event seen as politically charged due to its coincidence with former President Donald Trump's birthday and ongoing national protests against Trump administration policies. Critics argue that the sponsorship contradicts Coinbase's previously stated position of political neutrality and goes against the crypto industry's foundational ethos of decentralization and resistance to state control. The controversy has reignited concerns about crypto losing its anti-establishment roots, particularly as other major sponsors included defense contractors and tech firms, intensifying criticism over alignment with establishment interests. Prominent Coinbase customers and other community members have voiced their disapproval, with some users divesting from the platform in protest. The incident has sparked debate over the industry's values and its mainstream adoption strategy. Coinbase's prominent branding at the parade has further fueled accusations of supporting institutions associated with state power and militarization.

Story Coverage
alt
NBC News
Left
Trump's embrace of cryptocurrency encourages investors while others share concerns
23 days ago
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Fortune
$
Center
Coinbase faces crypto backlash over sponsoring military parade in D.C.
24 days ago
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alt
NBC News
Left
Trump's embrace of cryptocurrency encourages investors while others share concerns
23 days ago
Read Full Article
alt
Fortune
$
Center
Coinbase faces crypto backlash over sponsoring military parade in D.C.
24 days ago
Read Full Article
Bias Distribution
50% Center
Information Sources
a8525413-d1cb-4a36-b99e-5987ae74bd3107fd0e62-c9b3-40d6-8df3-b4bd500c5667
Left 50%
Center 50%
Coverage Details
Total News Sources
2
Left
1
Center
1
Right
0
Unrated
0
Last Updated
22 days ago
Bias Distribution
50% Center
Related News
Daily Index

Negative

26Serious

Neutral

Optimistic

Positive

Negative

26Serious

Neutral

Optimistic

Positive

Negative

26Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
alt
NBC News
Left
Trump's embrace of cryptocurrency encourages investors while others share concerns
23 days ago
Read Full Article
alt
Fortune
$
Center
Coinbase faces crypto backlash over sponsoring military parade in D.C.
24 days ago
Read Full Article
alt
NBC News
Left
Trump's embrace of cryptocurrency encourages investors while others share concerns
23 days ago
Read Full Article
alt
Fortune
$
Center
Coinbase faces crypto backlash over sponsoring military parade in D.C.
24 days ago
Read Full Article
Ask VT AI
Bias Distribution
50% Center
Information Sources
a8525413-d1cb-4a36-b99e-5987ae74bd3107fd0e62-c9b3-40d6-8df3-b4bd500c5667
Left 50%
Center 50%

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