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Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future
22.8.2023
In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...
Coinbase takes equity stake in Circle as USDC Centre Consortium shuts down
21.8.2023
Circle will take on full operational and governance responsibility after five years, thanks to increased regulatory clarity
Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains
21.8.2023
The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house
Senator Lummis Appeals for SEC-Coinbase Dispute Resolution; Bitcoin and InQubeta Believers Hold Strong
21.8.2023
It’s no surprise that regulatory challenges have often served as roadblocks to the growth of crypto platforms and DeFi companies. The most recent face-off between the SEC and renowned crypto exchange Coinbase has sent ripples across the financial landscape. As the SEC alleges unlawful activities...
Ethereum Co-founder Vitalik Buterin Transfers $1 Million Worth of ETH To Coinbase – What’s Going On?
21.8.2023
Ethereum co-founder Vitalik Buterin has transferred 600 Ether (ETH) worth around $1 million to Coinbase as market uncertainty looms.
According to on-chain data from Etherscan, a wallet controlled by Buterin Vitalik.eth transferred the assets on Aug 21. At press time, the wallet still holds 3,900...
Coinbase sees lukewarm demand for debt buyback, raises offer
21.8.2023
The United States crypto exchange has increased its offer for discounted debt by 3%
Why the choice of the blockchain matters for NFT collections
21.8.2023
When choosing a blockchain, consider the trade-offs and align it with your needs. Avoid risking your funds, time and community trust
Ethereum co-founder Vitalik Buterin moves $1M of ETH to Coinbase
21.8.2023
Onchain data shows that Ethereum co-founder Vitalik Buterin moved 600 ETH to U.S. exchange Coinbase amid ongoing market woes
First Mover Americas: Bitcoin Trades Flat; Vitalik Transfers $1M Ether to Coinbase
21.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase
21.8.2023
Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday
Coinbase's Global Exchange Surges with $280 Million Daily Trading Activity – Can it Overtake Binance?
20.8.2023
Coinbase's offshore derivatives exchange has experienced a significant surge in trading activity, with volumes approaching $300 million per day.
According to data from The Block's data dashboard, Coinbase International, which facilitates trading in perpetual futures contracts, has consistently...
Binance NotConnect, Coinbase Significant, PayPal Integrate and 20 Crypto Jokes
19.8.2023
Read More: Binance NotConnect, Coinbase Significant, PayPal Integrate and 20 Crypto Jokes
Coinbase Halts USDT Trading for Canadian Users Starting August 31
18.8.2023
In an email dated August 17, Coinbase, a cryptocurrency exchange, revealed its decision to halt trading of Tether USDT, Dai DAI, and RAI stablecoins for Canadian users starting August 31.
This surprising development comes shortly after Coinbase's recent announcement of its complete expansion into...
Analysts: Coinbase's Derivatives Approval Shows Crypto's Resilience in the US
18.8.2023
Analysts at investment bank JMP Securities have said that an approval received by Coinbase to offer crypto futures trading can be taken as evidence of crypto’s resilience in the US.
In a note to clients that was cited by The Block, the analysts said the approval "adds validation" to the domestic...
Crypto Market Dumps as Coinbase Set to Suspend Tether USDT and Dai Stablecoins for Canadian Users – What’s Going On?
18.8.2023
Crypto trading giant Coinbase, which stepped foot into the Canadian markets early this week, is set to suspend trading of three stablecoins, effective August 31.
The company wrote to its users on Thursday that it would no longer allow trading of Tether (USDT), Dai (DAI) and Rai Reflex Index (RAI)...
Coinbase-Funded Tornado Cash Lawsuit Against Treasury Department Ends In Defeat
18.8.2023
A federal judge in Texas has ruled in favor of the United States Department of the Treasury, delivering a blow to a group of crypto investors and developers who filed a lawsuit to revoke the sanctions placed on Tornado Cash, a cryptocurrency mixing service designed to enhance transaction...
Coinbase Canada halts USDT trading this month
18.8.2023
Coinbase, a widely-recognized cryptocurrency exchange, has notified its Canadian users through emails of an imminent suspension of trading for the digital asset Tether. In the words of an official representative from Coinbase’s team, this trading halt is due to happen on August 31 at 12...
Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement
17.8.2023
Competing motions for summary judgment saw a federal judge rule the U.S. Treasury with within its authority to declare Tornado Cash a sanctioned entity
Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority
17.8.2023
A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service
The Protocol: Blockchains Keep Launching, From Sei to Shibarium
17.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...