One of the crypto industry's major players seeks to boost the public debate on how to best fit digital assets into the regulatory perimeter.
Coinbase News
Founded in 2012, Coinbase — named after the Bitcoin (BTC) coinbase transaction that rewards miners for validating blocks — is one of the oldest, largest cryptocurrency exchanges, having supported tens of millions of users since its launch.
Coinbase offers a range of services including custodial wallets with secure buying, selling and storage of cryptocurrencies; advanced trading and exchange services via Coinbase Pro; and USD Coin (USDC), a stablecoin backed by United States dollar reserves that is built on the Ethereum ERC-20 token standard, offering the advantages of cryptocurrencies without the price volatility.
Coinbase has been a popular choice for newcomers seeking to gain exposure to the burgeoning cryptocurrency space.
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Sanchan Saxena, the vice president of product at Coinbase, said yesterday that the “insane” amount of traffic from signing up to the waitlist temporarily broke the site.
13366The fund will trade on ASX and aims to provide a level of crypto exposure to institutional investors.
5358With 68 million verified users and 8.8 million monthly active users as of Q2 2021, Coinbase’s entry into the NFT industry could provide competition for established marketplaces like OpenSea.
6345SHIB’s 400% rally brings attention back to dog-themed meme tokens and it could be a sign that DOGE is on the verge of an equal-sized breakout.
60057Malicious actors reportedly took advantage of Coinbase’s SMS account recovery process to gain access to user funds.
33480DYdX volume tops Coinbase for the day, Cardano enables a new stablecoin, and a DeFi bounty hunter is highly rewarded — all coming to you this week in Finance Redefined.
6043Customers will have the option to deposit "as much or as little" of their paychecks as they want in the feature rolling out in the next few weeks.
7366Chinese traders appear to be flocking to derivatives DEX dYdX amid concerns over a renewed crypto crackdown in China.
11803In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse.
11792Kraken’s Marco Santori points to the adversarial stance taken by some crypto firms toward regulators.
7491Coinbase CEO Brian Armstrong has stated that the SEC won’t meet with the firm while asserting that 50% of Washington officials are concerned over the risks of crypto.
8112The U.S. exchange is looking to hire a leader with excellent political judgment to oversee relations with Washington D.C.
1785One River Digital secures the first-ever raise to scale its crypto-focused institutional investment efforts.
4165The exchange hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring its Lend product to the market.
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