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USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
12.3.2023
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades...
USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity
11.3.2023
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped...
Ethereum layer-2 solutions may focus less on token incentives in the future
11.3.2023
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization?
Coinbase reiterates that staking services will continue, despite SEC crackdown
11.3.2023
Despite the SEC looking to crackdown on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue
Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto
11.3.2023
Circle's USDC stablecoin was hit by the shutdown of Silicon Valley Bank, one of its key banking partners
Cathie Wood's ARK Purchases Over 350K Coinbase Shares in Biggest Buy of 2023
10.3.2023
ARK now owns 9.9 million COIN shares, worth $575 million which is around 3.8% of Coinbase's market cap
Coinbase still a buy for Cathie Wood: ARK buys its biggest batch of COIN in 2023
10.3.2023
Amid the crypto market facing another wave of panic, Cathie Wood’s ARKK keeps bagging record amounts of Coinbase stock this year
Ether Hits Two-Month Low Under $1.4K as Coinbase Premium Index Dwindles
10.3.2023
The decline comes as New York Attorney General referred to ETH as security in its lawsuit against the cryptocurrency exchange KuCoin
Today in Crypto: Swift Sees ‘Clear Potential and Value’ in CBDCs, Whitehat Hackers Interested in Ethereum & Solana, Safeheron Says Multisig Wallets & Dapps are Vulnerable, Gate.io Plans Visa Crypto Debit Card
9.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Swift Sees ‘Clear Potential and Value’ in CBDCs, Whitehat Hackers Interested in Ethereum & Solana...
Coinbase Launches Wallet-as-a-Service to Bring Millions to Web3
9.3.2023
On March 8, Coinbase announced the launch of its Wallet-as-a-Service (WaaS) product. The WaaS product aims to “bring the next hundred million consumers into Web3 through a seamless wallet-onboarding experience.” The Coinbase WaaS offers wallet infrastructure application programming...
Crypto Stakeholders Say No Exposure to Shuttered Silvergate
9.3.2023
Binance, Coinbase, OKX, and Paxos have all released statements
U.S. Government's $1B Bitcoin Transfer Spooks Investors, Bitcoin Dips
9.3.2023
The price of bitcoin dipped below 22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets
Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist
8.3.2023
At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details...
JPMorgan Is Cutting Ties With Crypto Exchange Gemini: Source
8.3.2023
Stargate Finance Token Down 8% on Coinbase Delisting
8.3.2023
The token underlying cross-chain bridge protocol Stargate Finance (STG) will be delisted by Coinbase (COIN), STG has slumped by 8.04% in the past 24-hours
Coinbase launches wallet-as-a-service for businesses
8.3.2023
The adoption of Web3 wallets is hindered by complex seed phrases and a poor user experience, according to Coinbase
Coinbase Starts ‘Wallet as a Service’ That Companies Can Build Into Their Own Apps
8.3.2023
The U.S. crypto exchange says the new wallet-as-a-service could help companies “to help bring the next hundred million customers into Web3 through a seamless wallet-onboarding experience.”
Brace for BTC price volatility? Bitcoin 'coin days destroyed' metric jumps to 2-month highs
8.3.2023
A large transfer of Bitcoin associated with the U.S. law enforcement likely cased a spike in the on-chain metric
Cathie Wood's ARK ignores Silvergate, buys Coinbase stock for 6th straight month
8.3.2023
ARK appears unfazed by Silvergate as it increases COIN exposure by over 700,000 shares so far in 2023
Silk Road Bitcoin for sale? US government-linked addresses transfer $1B in BTC
8.3.2023
US law enforcement agencies have confiscated thousands of BTC from Silk Road over the years and a significant chunk of it has been auctioned from time to time