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Tag Archives: coinbase

Analysts Think Coinbase Will Succeed in the SEC Lawsuit

Could the new BlackRock bitcoin-based exchange-traded fund (ETF) application help pave the way for a Coinbase and SEC settlement or relationship? According to some analysts, the answer is “yes.” Coinbase Could Be Successful Coinbase was recently listed as a custody provider in the application submitted by BlackRock. This, according to several industry experts, is a huge vote of confidence for the firm given Coinbase is currently under the scrutiny of the SEC,...

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A Political Initiative from Coinbase Features US Lawmaker with Ethics Violation

CoinspeakerA Political Initiative from Coinbase Features US Lawmaker with Ethics Violation Rep. David Schweikert, listed as a lawmaker with "very supportive" views on crypto in the United States, reached a settlement requiring him to pay $175,000 in connection to breaches of House ethics regulations. A Political Initiative from Coinbase Features US Lawmaker with Ethics Violation

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Chainlink Completes Integration With Coinbase’s Layer 2 Network Base

Chainlink has expanded its integrations to a total of 12 by tapping the Coinbase-incubated layer-2 network Base. According to a recent update, Base joins the likes of Ethereum, Arbitrum, Avalanche, BNB Chain, and Polygon, among other projects. The decentralized oracle network had first announced implementing its price feeds into Base a day before the latter’s mainnet launch. The integration essentially enabled developers building on the layer-2 blockchain to access Chainlink...

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Coinbase Global Announces Its Canada Expansion via Strategic Partnership with Peoples Trust Company

CoinspeakerCoinbase Global Announces Its Canada Expansion via Strategic Partnership with Peoples Trust Company Coinbase has committed to accelerating its international expansion amid the mainstream adoption of digital assets and blockchain technology. Coinbase Global Announces Its Canada Expansion via Strategic Partnership with Peoples Trust Company

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Voyager Reportedly Moved $5.5M of ETH and SHIB to Coinbase Amid Bankruptcy Procedures

Cryptocurrency company Voyager has reportedly transferred a significant portion of its holdings to Coinbase as part of its bankruptcy proceedings. The transferred assets include 1,500 $ETH, valued at approximately $2.77 million, and 250 billion $SHIB, worth around $2.7 million, bringing the total to approximately $5.5 million. Overall, $81.63 million worth of cryptocurrency has been identified in Voyager addresses, according to data from ArkhamIntel. The company is...

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What Are Whales Investing in on Coinbase’s Base Network? Nansen Investigates

Nansen – a blockchain market intelligence firm – released a report on Tuesday analyzing how the earliest whales to onboard Coinbase’s layer 2 blockchain – Base – are using their money. Here’s what the company found. Early whales largely allocated to Ethereum and its layer 2 networks. As of August 7, the most value held by these whales ($19.6 million) was on Ethereum itself, followed by Base ($17.6 million), Arbitrum, and Optimism. Regarding tokens, ETH was the most common...

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Coinbase’s Base Notches 4th Rank in Daily TPS Among Layer 2 Solutions: Data

The initial response to Coinbase’s layer 2 blockchain – Base – has been favorable so far. It has garnered substantial engagement in both DeFi operations and cross-chain bridge transactions. The daily active users on Base, for one, surpassed 100,000 for the first time. More importantly, the figure came just a day after the much-anticipated launch of the blockchain’s mainnet. Base was already live for testing by developers but launched for the public officially with more than...

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Kraken Dethroned Coinbase as Most Liquid US Exchange for Altcoins in July: Data

Cryptocurrency trading platform Kraken dethroned its rival Coinbase to become the most liquid United States exchange for altcoins in July. According to a tweet by Dessislava Laneva, a research analyst at crypto data platform Kaiko, by the end of July, Kraken had claimed 47% of the market depth in the US for the top 10 altcoins. Kraken Claims Largest U.S. Market Depth for Altcoins As of January 2023, Kraken had only a 39% share of the market depth of altcoins, while Coinbase...

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