Tag: Coinbase

06
Jun
2024
Posted in Altcoin

Users can now officially access Coinbase Smart Wallets

The introduction of smart wallets on Wednesday marked the latest breakthrough from prominent cryptocurrency exchange Coinbase. Users Are Introduced to Coinbase Smart Wallets With the goal of streamlining onboarding procedures…

05
Jun
2024
Posted in Altcoin

Coinbase gives the cryptocurrency super PAC Fairshake $25 million

To support pro-crypto candidates in this year’s elections, Coinbase contributed $25 million to the federal super political action committee Fairshake, which advocates for cryptocurrency. According to the cryptocurrency exchange, we…

24
May
2024
Posted in Altcoin

Whales flood Ethereum with funds ahead of ETF approvals: Institutional Coinbase moves $110 million

In a series of quick transactions, Coinbase Institutional, the premier brokerage division of the biggest cryptocurrency exchange in the United States, moved around 30,000 Ethereum (ETH) to multiple new wallets,…

10
May
2024
Posted in Blockchain

BlockFi will close its online platform and switch to Coinbase as a distributor

On May 9, the insolvent cryptocurrency lender BlockFi announced that it will close down its website by the end of the month and would mostly rely on Coinbase as a…

03
May
2024
Posted in Blockchain

Coinbase reports $1.6 billion in Q1 earnings as transaction revenue jumps

Following today’s closing bell, Coinbase announced that it achieved a record-breaking first quarter, generating $1.6 billion in revenue—a 72% increase over the previous quarter. The business also revealed a sharp…

02
May
2024
Posted in Altcoin

Coinbase Intends To Provide Canadian Dollar-Posed Stablecoin Cryptocurrency Trading

Like Tether (USDT) and USD Coin (USDC), two other well-known stablecoins, QCAD maintains its peg with complete backing from reserves equivalent to or more than the total amount of tokens…

13
Apr
2024
Posted in Altcoin Policy and Regulation

Coinbase Appeals Ruling in Ongoing SEC Lawsuit

Coinbase, a prominent cryptocurrency exchange, has filed a motion to appeal a judge’s decision last month that allowed a lawsuit involving the U.S. Securities and Exchange Commission (SEC) and the…

27
Mar
2024
Posted in Altcoin

Coinbase’s Base Surpasses $2 Billion TVL: Exploring Airdrops and Meme Coins

Coinbase’s Layer 2 solution, Base, has achieved a remarkable milestone, surpassing $2 billion in Total Value Locked (TVL), representing a significant surge of 43.61% within a week. This achievement underlines…

23
Mar
2024
Posted in Altcoin

Ark Invest Unloads $52 Million in Coinbase Shares Amid Record Highs

Ark Invest, led by Cathie Wood, executed a substantial sell-off of nearly 200,000 shares of Coinbase on Thursday, totaling a value of $52.3 million. This move comes as Coinbase’s share…

22
Mar
2024
Posted in Altcoin

Base Network’s Daily Trading Volume Surges by 51% to $356 Million

The Base network, operating on the Ethereum Layer 2 platform, witnessed a remarkable surge in its daily trading volume, reaching a staggering $356 million on Tuesday. This represents a significant…

05
Mar
2024
Posted in Altcoin Bitcoin Ethereum

Bulls prevail even as Ark Invest offloads Coinbase shares and Blackrock seeks more Bitcoin ETFs

Cryptocurrency liquidations have surpassed half a billion dollars.  Blackrock seeks to purchase more BTC ETFs while Ark Invest offloads Coinbase shares.  The market displays bullish sentiment with Bitcoin rising to…

03
Feb
2024
Posted in Altcoin

Coinbase Completes Delisting of Bitcoin SV: Strategic Move Amid Controversies

Coinbase has officially removed Bitcoin SV (BSV) from its list of supported digital assets, confirming speculations that surfaced in November 2023. The cryptocurrency exchange, in an announcement on X, revealed…

01
Feb
2024
Posted in Altcoin Policy and Regulation

Coinbase Bolsters Advisory Board with Former UK Chancellor Amid Regulatory Hurdles

In a strategic maneuver aimed at bolstering its resilience amid ongoing legal battles, Coinbase, a leading cryptocurrency exchange, has enlisted the expertise of George Osborne, the former UK Chancellor, to…

25
Jan
2024
Posted in Altcoin

Coinbase Unveils Cutting-Edge Non-Custodial Crypto Wallets

In a stride towards fortifying its services, leading cryptocurrency exchange Coinbase has announced the launch of a groundbreaking Wallet-as-a-Service (WaaS) solution. The new embedded wallet service, introduced on January 23,…

08
Jan
2024
Posted in Altcoin Blockchain

Coinbase Set to Strengthen EU Presence through Strategic Derivatives Acquisition

In a strategic move to expand its footprint in the European Union (EU), cryptocurrency giant Coinbase has unveiled plans to venture into the derivatives market. The company recently confirmed its…

02
Jan
2024
Posted in Altcoin Blockchain

Coinbase’s Chief Legal Officer Criticizes US Decision on Bankman-Fried Charges

In a surprising turn of events, US prosecutors have opted not to pursue remaining charges against Sam Bankman-Fried, a prominent figure in the cryptocurrency space. The dropped charges, particularly related…

19
Dec
2023
Posted in Altcoin Blockchain Policy and Regulation

Coinbase Expands Crypto Assets Support with USD SWIFT Transfers in Singapore

Coinbase has improved the conversion between cash and cryptocurrency by introducing USD transfers via the SWIFT network in Singapore. By enabling transfers in US dollars (USD), Coinbase has grown its…

20
Nov
2023
Posted in Altcoin

Singapore grants key regulatory licence to Coinbase

Leading cryptocurrency exchange Coinbase announced that the Monetary Authority of Singapore has granted it the Major Payment Institution licence. The authority had granted an in-principle approval last year.  The development…

12
Sep
2023
Posted in Altcoin Blockchain Policy and Regulation

Coinbase Issued Clarifications after Circulating Reports talked about the company Halting Operations in India 

The cryptocurrency exchange platform, Coinbase recently found itself in the spotlight with reports hinting at a potential halt of its services for Indian customers. This news sent shock waves across…

17
Aug
2023
Posted in Altcoin

NFA Grants Authorization to Coinbase for Bitcoin and Ethereum Futures Trading in the US 

The cryptocurrency industry has witnessed a groundbreaking development recently fostering its wider acceptance and adoption. This victory moment comes with the news of Coinbase, One of the major cryptocurrency exchange…