Coinbase
131 articles
BitGo to enter stablecoin territory with USDS token
Crypto custodian BitGo plans to launch a dollar-backed stablecoin next year, offering rewards to liquidity providers. BitGo is set to launch a dollar-backed stablecoin dubbed USDS in January 2025, positioning…
Base Blockchain active addresses, transactions hit all-time high
Base Blockchain, the layer-2 network launched by Coinbase in 2023, is doing well as the ‘crypto winter’ continues. Nansen data shows that the network’s number of users is growing and…
Solv Protocol launches Bitcoin staking for cbBTC holders on Base
Binance Labs-backed Solv Protocol is bringing Bitcoin staking to Base via the newly launched Coinbase wrapped Bitcoin token, cbBTC. On Sept. 12, Coinbase revealed that its cbBTC token was now…
Coinbase launches cbBTC, a wrapped Bitcoin token
Coinbase is rolling out cbBTC — Coinbase Wrapped BTC — an ERC20 token backed 1:1 by Bitcoin, which Coinbase holds. According to a press release shared with crypto.news, the cbBTC…
The Friend.Tech team relinquished smart contract management
Friend.Tech developers have given up managing smart contracts. The Friend.Tech team posted a message on X, announcing the transfer of control to a zero address on the Ethereum network. Admin…
Coinbase shareholder lawsuit against exchange to proceed
A New Jersey court judge deemed a lawsuit against Coinbase over its portrayal of an eventual regulatory crackdown acceptable. Late on Sept. 5, U.S. District Judge Brian Martinotti ruled that…
Ripple co-founder endorses Harris for president: report
Nearly 90 corporate leaders, including Ripple co-founder Chris Larsen, signed a letter endorsing Kamala Harris for president. The crypto landscape appears to be more divided in terms of political campaigns…
Coinbase stock forms risky patterns as crypto outlook darkens
Coinbase stock slipped for eight straight days, the longest losing streak since July, as cryptocurrencies continued falling. Coinbase is facing major headwinds Decentralized and centralized exchanges have come under pressure…
Crypto lobbying surges 1,400% since 2017 as industry pushes for policy change
Lobbying efforts by crypto companies have skyrocketed by 1,386% since 2017, reflecting the industry’s aggressive push to shape favorable regulations. As crypto becomes more integrated into the financial system, the…
A ‘pro-crypto’ congress is coming: Coinbase CLO
In an interview, Paul Grewal, Coinbase’s Chief Legal Officer, said that a shift is coming in the U.S. crypto legislative landscape. He forecasted the emergence of a “pro-crypto” Congress following…
Coinbase analysts doubt rate cuts will drive market movement
Crypto markets remain stagnant despite expectations of Fed rate cuts, with Coinbase analysts warning that monetary easing alone is unlikely to drive a recovery. Coinbase analysts question whether monetary easing…
Pro-crypto young voters could sway 2024 election: Coinbase
Crypto has emerged as a significant political issue this election season, and a recent report suggests that young crypto voters could play a pivotal role in the upcoming 2024 U.S.…
Coinbase, KuCoin join list of crypto exchanges seeking licenses in Turkey
Coinbase and KuCoin are among a new list of cryptocurrency companies and services eyeing registration in Turkey. The updated list of companies now includes Coinbase, KuCoin and Gate.io, with the…
South Korea’s largest pension fund injects $33.75 million in MicroStrategy shares
South Korea’s National Pension Service has added MicroStrategy, the world’s largest corporate Bitcoin holder, to its portfolio. The National Pension Service, the world’s third-largest pension fund with nearly $800 billion…
US govt sent $594m Silk Road Bitcoin to Coinbase
More Silk Road Bitcoin moved again after a U.S. government wallet sent 10,000 BTC to Coinbase. The U.S. government transferred Bitcoin (BTC) worth $593.5 million to its preferred crypto brokerage…
Coinbase teases new wrapped Bitcoin product amid ongoing WBTC controversy
Coinbase has set the crypto community abuzz with speculation following a cryptic hint about a potential new wrapped Bitcoin product, tentatively called “cbBTC.” The news came courtesy of an Aug.…
Hawaii opens to Coinbase following regulatory clarity
Crypto trading on Coinbase is now available in Hawaii. Coinbase, the largest publicly traded crypto exchange in the U.S., has officially launched its services in Hawaii. This move follows recent…
Crypto at risk of macro pressure with no catalysts, says Coinbase
Analysts at Coinbase Research predict macro pressures will dominate the crypto market in the next few weeks, citing a lack of specific catalysts. The crypto market appears to be highly…
Binance, Bitfinex, OKX rush to register services in Turkey
Binance, Bitfinex are rushing to register their services in Turkey as the country has finalized its regulatory stance on crypto. International cryptocurrency exchanges are rushing to register their services in…
SEC, Coinbase clash over ‘broad’ subpoena requests in ongoing legal battle
Coinbase and the SEC are locked in a legal showdown over the exchange’s attempt to subpoena Gary Gensler’s communications. The ongoing legal battle between Coinbase and the U.S. Securities and…
Analyst lowers Coinbase price target, still sees 40% upside
Coinbase stock price has been in a freefall, dropping for eight consecutive days, but one analyst believes that it could rebound to $295, ~40% above its Friday’s open. Coinbase’s retreat…
Coinbase faces campaign finance violation allegations over $25m super PAC donation
Coinbase faces allegations of violating campaign finance laws with a multi-million donation to the Fairshake super PAC, though the exchange labels these claims “misinformation.” Coinbase, the U.S. public cryptocurrency exchange,…
a16z, Coinbase back $50m funding round for Morpho
Decentralized crypto lender Morpho has announced a $50 million strategic round backed by a16z and Coinbase Ventures among other top crypto venture capital firms. On August 1, 2024, Morpho disclosed…
Icebreaker raises $5m to launch a blockchain rival to LinkedIn
Icebreaker, an open-source professional network founded by Coinbase and Google alumni Dan Stone and Jack Dillé, has raised $5 million in seed funding, valuing the company at $21 million. The…