Coinbase CEO slams JPMorgan’s subsidiary Chase UK for ‘Inappropriate’ crypto transaction ban
On Tuesday, Coinbase CEO, Brian Armstrong, criticized JPMorgan’s subsidiary, Chase UK on X, for its decision to restrict cryptocurrency-related transactions. He said: “Totally inappropriate behavior from Chase UK (this is their UK bank only is my understanding)” He called the move “totally inappropriate” and urged U.K. crypto holders to close their accounts if they are […]
Ethereum Co-Founder Vitalik Buterin sends 400 ETH to Coinbase
Ethereum co-founder Vitalik Buterin made a deposit of 400 ether (ETH) on a Sunday Evening, to the crypto exchange Coinbase. The Ethereum is equivalent to approximately $632,000 at the moment, as value of ETH stands at $1577.8 while writing this article. This information was obtained from etherscan, a website that scans the Ethereum blockchain. The […]
Why Coinbase CEO Brian Armstrong Believes ‘Biden Administration Is Terrible For Crypto’
Coinbase CEO Brian Armstrong emphasized the importance of political engagement for the crypto industry on Thursday, stating that some political figures might face electoral consequences based on their stance on crypto space in the upcoming 2024 elections. He said “In 2024 some people need to win or lose an election because of their stance on […]
Ethereum Whales signal sell-off moved $486 Million worth of ETH to Coinbase
The recent bear market has caused fear among Ethereum investors, leading to high selling pressure and a drop in the price of ETH. Now, Ethereum whales are also joining in, as two transactions totaling 300,000 ETH were sent to centralized exchange Coinbase. This equates to $486 million worth of ETH being moved. Typically, coins being […]
Coinbase’s Base layer-2 network faces unexpected halt in block production
Coinbase’s Ethereum layer-2 network, Base, experienced its first major outage since its launch on August 9. The block production on the Base chain abruptly halted for approximately 43 minutes on September 5, requiring developers to quickly implement a fix. The issue was identified by the developers at 9:36 pm UTC, and block production has now […]
Coinbase to delist six cryptocurrencies, know why?
Crypto exchange Coinbase has announced that it will be delisting six cryptocurrencies from its platform. These cryptocurrencies include BarnBridge, DerivaDAO, Jupiter, Multichain, Ooki, and Voyager. The delisting will take effect on September 6, 2023, at 9 a.m. PT. This decision by Coinbase has led to a decline in the value of these assets. The delisting […]
Coinbase dives into stablecoin market, ready to compete with Paypal
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 💰Coinbase Dives into Stablecoin Market with USD Coin Acquisition 😢OpenSea Can No Longer Sells BAYC NFTs 🌟Jackson Hole Meeting: Bitcoin Enthusiasts Await Powell’s […]
FAQ: What is Friend.Tech? why is it dominiating major crypto projects?
Friend.tech is an exclusive social application that is integrated with Twitter. It operates on Coinbase’s Base Layer 2 chain and allows users to trade shares in each other’s profiles. By holding shares, users gain access to exclusive content and private chat rooms within the app. What you need to know: Friend.tech has generated over $1.42 […]
Coinbase Halts Trading of Three Major Stablecoins in Canada, Know Why?
Crypto exchange Coinbase has announced that it will suspend trading of RAI Reflex Index (RAI), Dai (DAI), and Tether (USDT) for its Canadian users, starting from August 31. Explained: The move comes as these cryptocurrencies failed to meet Coinbase’s “listing standards.” This is not the first time a crypto exchange has had to comply with […]
Coca-Cola NFT Surpasses $450,000 in Sales
Despite the poor historical performance of NFT collections from major brands, traders have enthusiastically invested over $450,000 in Coca-Cola’s latest NFT offering on Coinbase’s Base chain. This collection, launched as part of the “Onchain Summer” initiative, features a combination of classic and contemporary art with Coke bottles. Within just a few days of minting, the […]