On Oct. 24, blockchain sleuth The Data Nerd revealed on the X social media app that four new whales have acquired substantial amounts of Ethereum on the leading US-based Coinbase exchange. Besides, the Whale Alert crypto tracker has detected a massive ETH chunk withdrawn from the Binance exchange, which moved to an unknown wallet. According […]
Coinbase has addressed the rumors about imposing Bitcoin withdrawal limits on social media, emphasizing their inaccuracy. Coinbase, the crypto exchange, has refuted rumors circulating on social media about setting a $5,000-per-week limit on Bitcoin withdrawals. These rumors gained traction after a user’s post claimed such restrictions were in place. A user on X (previously known […]
On October 3, the US Securities and Exchange Commission (SEC) filed a petition with a New York District Court, asking the court to reject Coinbase’s motion to dismiss the lawsuit. The regulator stated that some of the crypto assets listed on the exchange qualify as investment contracts under the Howey Test. As a result, these […]
Decentralized oracle network Chainlink (LINK) has announced that its Cross-Chain Interoperability Protocol (CCIP) is now live on Coinbase’s Ethereum layer-2 scaling solution, Base. According to a statement, this latest development aims to provide base developers with a secure means to build cross-chain services and applications capable of transferring tokens, sending messages, and initiating other transactions […]
Binance co-founder He-Yi recently conveyed the company’s current challenges through an internal letter. The communication sheds light on the cryptocurrency exchange’s predicaments, considering the increasing regulatory scrutiny and intensified industry competition. Emphasizing the significance of exceptional product development and top-tier customer service, the letter highlights key priorities for Binance amidst these circumstances. #Binance #BNB #BTCThis […]
Coinbase has secured Anti-Money Laundering (AML) compliance registration from the Bank of Spain as an official crypto exchange and custodian wallet provider. The registration enables Spanish users to confidently store their digital assets on Coinbase, as well as engage in selling and buying crypto assets using the euro. Vice President of International and Business Development […]
The aftermath of FTX’s bankruptcy in November of last year has led to intriguing developments in the industry. It has come to light that Coinbase briefly considered acquiring FTX Europe. The European unit of the failed exchange, as part of its ambitious expansion into the crypto derivatives market. Documents reveal that while acquisition talks never […]
According to insights from IntoTheBlock, major participants in the Ethereum Layer 2 (L2) sector are increasingly specializing, with Base emerging as a prominent leader. Among these participants, Base offering has surged ahead by boasting the highest number of distinctive addresses and transactions, benefiting greatly from Coinbase’s extensive network. This shift has created a favorable landscape […]
Blockchain investigators have recently brought attention to the transfer of $1 million worth of Ethereum from a wallet that is managed by Vitalik Buterin, who is famously known as the co-founder of Ethereum. This transaction has occurred during a time when the cryptocurrency market sees a subdued state following significant losses over the weekend. #PeckShieldAlert […]