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Tag Archives: coinbase

Coinbase CEO Would Shutdown ETH Staking Service if Asked to Bend to Regulators

Brian Armstrong – CEO of Coinbase – stated on Thursday that he would refuse to censor the Ethereum blockchain using his platform’s concentrated stake in the protocol.  If compelled by the government to do so, he’d rather shut down the service. Armstrong made his intentions clear in response to an Ethereum developer’s question concerning the centralization of staked ETH. According to Dune Analytics, 66% of ETH staked on the beacon chain is held by entities that are regulated...

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Coinbase Plans to Halt Ethereum Deposits and Withdrawals During the Merge

Coinbase – the largest cryptocurrency exchange in the United States – will temporarily suspend Ethereum-based deposits and withdrawals during September’s “merge” upgrade.  The exchange posted a blog post on Tuesday explaining what to expect from both Coinbase and Ethereum following the network’s long-awaited transformation.  Ensuring a Smooth Transition Per Coinbase’s announcement, the suspension – which will impact all on-chain ETH and ERC-20 token movements – is to ensure...

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Poll: Bitcoin Will Hit $40K Next Year

The bitcoin price isn’t doing very well as of late, but this isn’t deterring people from thinking the world’s number one digital currency by market cap won’t make a huge comeback next year. A New Poll Suggests Major Recovery for Bitcoin According to a recent poll, many crypto advocates and traders believe the digital currency could head to the top of the financial ladder in 2023. In fact, many of them believe that the currency could nearly double by the end of 2023,...

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Sam Bankman-Fried: Most Assets Are Ponzi Schemes

Sam Bankman-Fried – the crypto executive behind the growing and increasingly popular digital exchange FTX – has said many of the digital currencies out there are “empty products” with “real crash potential.” Sam Bankman-Fried on Many of the Newer Assets His words come at a time when the crypto space is arguably suffering like it never has before. Assets like bitcoin, for example, have lost more than 70 percent of their value at the time of writing, with the world’s...

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Coin Switch Hires Sudheer Tumuluru as Its Main Crypto Engineer

Coin Switch – a digital currency investing app – has announced Sudheer Tumuluru as the head of its crypto engineering department. Coin Switch Has Added Many People to Its Payroll Sudheer previously served as the vice president of engineering for fashion for the e-commerce company Myntra. He has worked extensively with big data, cloud, and infrastructure platforms, and with several companies in both the United States and India. He’s excited to be bringing his wealth of...

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BlackRock announces partnership with Coinbase

Coinbase verwaltet 20 Milliarden US-Dollar World’s largest investment manager partners up with Coinbase: Coinbase has been selected by BlackRock, the world’s largest investment manager, to offer institutional clients direct access to crypto. There are plans to start with bitcoin first. This is what Coinbase reports in a blog post. First: direct access to bitcoin „Today marks an exciting next step in our journey as we announce that Coinbase is...

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Coinbase und Bright Moments starten digitale Kunstpartnerschaft

Coinbase und Bright Moments starten digitale Kunstpartnerschaft Die globale Krypto-Plattform Coinbase und der US-amerikanische Veranstalter Bright Moments schliessen eine langfristige strategische Partnerschaft für die Verwahrung von digitaler Kunst. „Die Kooperation mit Bright Moments und die Eröffnung der Galerie in Berlin macht die spannende, neue Welt der digitalen NFT Kunst für alle zugänglich und zeigt eindrucksvoll wie Blockchain-Technologie...

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Is Coinbase Allowing the Government to Track Users?

Popular digital currency exchange Coinbase is in hot water after executives were accused of selling users’ private data to ICE (Immigrations and Customs Enforcement). Coinbase Accused of Selling Private Data While specific data of customers is not being disclosed to the agency, Coinbase is allegedly providing it with a suite of features that can be used to track and trace crypto holders on its platform. The company also announced that it was looking to obtain licenses to...

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Breaking: Coinbase entlässt 1’100 Mitarbeiter

Coinbase ist eine der grössten Bitcoin-Börsen der Welt. Coinbase ging vor kurzem erfolgreich an die Börse. Kurzum, Coinbase ist eines der grössten Aushängeschilder der Bitcoin Community. Und nun kommt’s: Coinbase entlässt 1’100 Angestellte, also rund 18% der ganzen Belegschaft. Dies geht aus einem aktuellen Bericht der US-Finanzmarktaufsicht SEC hervor. Aktien-Preis heute 51 US-Dollar Coinbase ist einer der grössten Profiteure des aktuellen...

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Just a Hunch? Analysts Point to an Uptick in Crypto Insider Trading

Difficult to prove, yet often suspected, insider trading has been a staple practice of dishonest investors ever since the stock markets took off. Over time, regulators like the SEC were founded in order to fight the phenomenon – despite it being an elusive one hard to pin on a perpetrator. This is due to the nature of insider trading, which can be set off by nothing more than a seemingly off-hand comment about a company or other between acquaintances behind closed doors....

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