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Coinbase, Huobi Join Other Exchanges in Supporting Ethereum 2.0 Staking


With the much-anticipated launch of Phase 0 of Ethereum (ETH) 2.0 finally here, the industry begins to prepare for the transition to the proof-of-stake (PoS) consensus algorithm for the second largest cryptoasset by market capitalization. Major crypto exchanges, including Kraken, Coinbase and Huobi...

Coinbase on Defense As NYT Report Alleging Racial Discrimination Goes Live


Yesterday, US-based major crypto exchange Coinbase warned of a scathing report in The New York Times, and, today, the major news outlet published the article, stating that 15 former Coinbase employees who have either quit or were fired from the company have one thing in common — they were...

$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit


Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data...

CFTC’s New Rules Cause Coinbase to Stop Offering Crypto Margin Trading


Cryptocurrency exchange Coinbase is disabling its margin trading product in order to comply with the new rules set by the Commodity Futures Trading Commission (CFTC). CFTC’s Rules Affecting Margin Trading Offerings Coinbase’s chief legal officer, Paul Grewal, explained in a blog post...

Coinbase Pro Shuts Down Margin Trading


US-based major crypto exchange Coinbase Pro said it will disable its margin trading product today, reffering to an unspecified guidance from the Commodity Futures Trading Commission (CFTC). "Customers currently using margin trading will not be able to place new margin trades starting 2pm PT...

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