The crypto community eagerly awaits the possible approval of a Bitcoin exchange-traded fund (ETF) in the US. However, some analysts warned that this could potentially trigger undesirable consequences for leading exchanges like Coinbase. Experts said the approval of the Bitcoin ETF and the upcoming BTC halving in April 2024 could really shake up the crypto […]
Prominent cryptocurrency investors and firms intend to support pro-innovation and pro-crypto political candidates during the 2024 US election cycle. The crypto community is seeking to elect a pro-crypto president who will help bring regulatory clarity and prevent frivolous SEC complaints. Crypto and blockchain leaders have contributed $78M to support the Fairshake political action committee (PAC). […]
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 Besides, the Whale Alert crypto tracker has detected a massive ETH chunk withdrawn from the Binance exchange, which moved to an unknown wallet.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 […]