Tag Archives: coinbase

Stablecoin issuer Circle is a US-based company, and 70% of its USDC adoption originates from non-US regions. According to the estimations of Circle CEO Jeremy Allaire, some of the fastest growing areas are emerging and developing markets, which are not in the country that has been facing severe regulatory uncertainty. Not Fixated on US Allaire took to X (formerly Twitter) to reveal observing “strong progress” across Asia, LATAM, and Africa, highlighting the demand for “safe,...

A new report produced by leading digital currency exchange Coinbase suggests over 52 percent of Fortune 500 companies are exploring blockchain technology. They’re also looking at crypto and web3. Coinbase Believes Blockchain Innovation is Growing The blockchain industry has walked a long route in a particularly short period. For example, the bitcoin blockchain – which was first introduced in a whitepaper on Halloween of 2008 – didn’t see mining action until early...

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

CoinspeakerBitstamp to Expand Derivatives Trading in Europe amid Fundraise Bitstamp is also looking to expand its operations in the UK after securing the FCA license earlier this year. Bitstamp to Expand Derivatives Trading in Europe amid Fundraise

CoinspeakerCrypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally Though subdued, it was a positive all-round performance for the crypto market in Q2 2023. Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally

Lawyers for Coinbase Global asked a U.S. judge Friday to dismiss a suit by the Securities and Exchange Commission. They brought the arguments to back up their request. Coinbase lawyers ask judge to dismiss SEC lawsuit The SEC lawsuit filed June 6, alleges the crypto exchange is an unregistered securities broker and exchange. In the motion to dismiss the suit, Coinbase says: “The SEC misreads Howey in asserting that a ‘scheme’ without a contractual undertaking will suffice.”...

To say that the price action within the cryptocurrency market this week was underwhelming would be the understatement of the year. Most of the top altcoins are charting losses as Bitcoin’s price remains completely flat for the past seven days. In fact, Bitcoin’s volatility has been so insignificant that on a 10-day average, it’s about to become less than that of stocks and even gold. That’s right – the “highly volatile” Bitcoin that’s unpredictable and “risky” has seen less...

CoinspeakerRevolut to Close US Crypto Services Due to Uncertain Regulatory Position From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies. Revolut to Close US Crypto Services Due to Uncertain Regulatory Position

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

Crypto exchange Coinbase has revealed its launch date for Base – the Ethereum layer 2 blockchain designed to make transactions faster and cheaper than the underlying network. As of today, users can begin bridging ETH to base, with dapps “across the on-chain ecosystem” starting to enable Base support. Base: A Bridge To Crypto As published in a blog post from Base on Thursday, the Base mainnet will go live “for everyone and everything” on August 9. To commemorate the launch,...