Coinbase chief legal executive Paul Grewal is optimistic that Grayscale Investments’ victory over the United States Securities and Exchange Commission (SEC) will spark numerous opportunities. He believes that Coinbase would tap the…
Category: Coinbase
Tether Retains $3.29B Liquidity Cushion to Guarantee USDT Stability.
The transparency report released by the stablecoin issue Tether on Thursday, August 24, reveals a $3.3 billion liquidity cushion. The report discloses that Tether’s total assets are estimated at $86.1 billion, with…
Nansen Reports PayPal’s Stablecoin PYUSD Struggling to Gain Adoption
The findings disclosed by the blockchain analytics firm Nansen show PayPal’s stablecoin is struggling to convince adoption despite the hyped debut as a game-changer. The recent report shows the early adoption contrasts…
On-chain Detective ZachXBT Projected Magnate Finance on Base Scamming $6.5M
Magnate Finance initially removed its X account and Telegram channel and then took down the website before discontinuing its TVL. Magnate Finance is a borrowing and lending platform on Coinbase’s layer-2 protocol…
Coinbase Buys Stake in Circle, USDC Issuer Centre Consortium Gets Dissolved
According to Coinbase’s blog post, the issuer of the second-biggest stablecoin USDC, Centre Consortium, is now dissolved after the crypto exchange bought a minority stake in Circle. In the blog post, Coinbase…
Coinbase’s CEO Decries SEC Order to Delist Tokens Except Bitcoin
Coinbase chief executive Brian Armstrong questions Securities and Exchange Commission (SEC) ground for staff claiming all cryptocurrencies except Bitcoin are securities. Besides, questions the submission of request to delist the rest of…
Grayscale Urges SEC to Authorize All Bitcoin ETFs Simultaneously
Grayscale Bitcoin Trust issued an instructive statement to the Securities and Exchange Commission (SEC) besides the lawsuit for failing to change GBTC into a spot Bitcoin ETF. Approve Spot Bitcoin ETF Applications…
Coinbase Is the Actual Winner in the Ongoing Spot Bitcoin ETF Race – Here is Why
The spot Bitcoin Exchanged-traded Fund (ETF) race is now on, and asset managers like Fidelity and BlackRock are all aiming to be the first Wall Street company to offer the product. However,…
Coinbase Protocols Executive Predicts Accelerated Crypto Adoption
The head of Base protocols, Jesse Pollak, projects that crypto adoption will experience an accelerated period. He predicts that the next decade will witness increased adoption. Pollak, who is leading Base efforts…
Hot Topics on Crypto Twitter – Coinbase CEO Blasts Apple’s Crypto Clampdown
It was a busy week for the crypto Twitter community. Among the important tweets related to crypto regulations came from the European Parliament. The house wrote that its Economic Committee had struck…
Hot Topic on Crypto Twitter – Gemini Co-Founder Says SEC’s Chair Complicates Registration Process
Most cryptocurrencies rallied last week following news that inflation in the United States was cooling down. As that happened, various issues were being discussed on crypto Twitter. Here are some notable topics….