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Coinbase Adjusts Debt Buyback Offer Due to Moderate Demand


Coinbase has made some changes to its debt buyback program following lackluster demand.  In a Monday announcement, the largest US-based crypto exchange said that since the program started earlier this month, investors have tendered just over $50 million worth of bonds, falling short of...

Coinbase announces investment in Circle to better support stablecoins


Coinbase has announced that it is strengthening its alliance with Circle through an investment. The purpose is to support USDC in a better manner. This will begin with launching the stablecoin on 6 more blockchains between September and October this year. The development was published by Brian...

Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future


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 Halts USDT Trading for Canadian Users Starting August 31


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


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...

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