In a matter of weeks, Coinbase constituted a team to dig into the protocol and assess the feasibility of its integration. Coinbase CEO Brian Armstrong has announced the exchange’s plans to integrate the Bitcoin Lightning Network (LN) into its infrastructure. LN is a layer 2 payment protocol that was created to improve the scalability of Bitcoin and allow cheaper and faster Bitcoin transactions. Joseph Poon and Thaddeus Dryja proposed the protocol in a whitepaper published in January 2016....
Read More »The SEC Requested that Coinbase Delist All Assets Other Than BTC
Brian Armstrong – the CEO of Coinbase, the largest and most popular digital currency exchange in the U.S. – says that members of the Securities and Exchange Commission (SEC) approached him and his fellow crypto executives to see about the platform delisting all assets other than bitcoin prior to filing their suit against the company. Coinbase was Given an Odd Choice Coinbase is facing several charges from the SEC, which alleges that the digital currency firm...
Read More »Coinbase CEO Dives Into Future Aspirations and Crypto Regulation
In a recent interview with Yahoo Finance, Coinbase CEO Brian Armstrong shared insights into the company’s plans and its interest in flatcoins. Armstrong also shared more details on the future of cryptocurrency and the necessary next steps amid growing regulatory scrutiny. Armstrong Discusses Coinbase’s Future Plans Coinbase’s exec talked about ‘flatcoins’ in the interview, which is an emerging concept that has yet to gain much traction in mainstream crypto discussions....
Read More »Coinbase to Prioritize Crypto Markets Outside of US in Its Expansion Strategy
Coinbase’s vice presidents for international business and international policy are clearly dissatisfied with the regulatory situation in the United States. Coinbase is strategically expanding its cryptocurrency exchange services globally, with a particular emphasis on markets with clear regulatory frameworks. In its short-term expansion strategy, Coinbase is prioritizing countries outside the United States based on their well-defined cryptocurrency regulations. Notable countries in this...
Read More »10 Crypto Ideas That Should be Developed in Bear Market, According to Coinbase’s Brian Armstrong
Brian Armstrong, the CEO of Coinbase, revealed a list of ten ideas that he’s most interested in and hopes that developers turn these ideas into reality amidst the bear market. Despite mounting regulator pressure on the home turf, Armstrong said Coinbase has its hands full with different projects and “doesn’t have time to tackle everything.” The exec stated that the lackluster prices are the optimal time for delving deep into building new projects. In the latest blog post,...
Read More »Binance Traded USDC In for BTC and ETH Following Silvergate Collapse
CoinspeakerBinance Traded USDC In for BTC and ETH Following Silvergate Collapse The exchange’s USDC balance was reduced from $3.4 billion on March 1 to $23.9 million by May 1. Binance Traded USDC In for BTC and ETH Following Silvergate Collapse
Read More »Coinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed
CoinspeakerCoinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed Coinbase is now full of confidence as they approach the court and inch closer to a final ruling. Coinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed
Read More »Coinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments
CoinspeakerCoinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments While Coinbase is still planning to leverage the Bitcoin Lightning Network, the company's rival Binance already completed the integration of the L2 network last month. Coinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments
Read More »Memecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls
CoinspeakerMemecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls Some memecoin traders were lucky to make huge returns from a small investment while others were rug pulled with a promise of future return. Memecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls
Read More »UAE’s Crypto Mining Giant Phoenix Technology Considers Floating IPO in Abu Dhabi
CoinspeakerUAE’s Crypto Mining Giant Phoenix Technology Considers Floating IPO in Abu Dhabi The prospective Phoenix Technology IPO is expected sometime this year in Abu Dhabi. However, there are no further details on size and price. UAE’s Crypto Mining Giant Phoenix Technology Considers Floating IPO in Abu Dhabi
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