Tag coinbase
Coinbase Holds Nearly 1 Million BTC, a new report reveals
Key Takeaways In a recent revelation, blockchain intelligence platform Arkham has disclosed some significant insights into the cryptocurrency exchange behemoth, Coinbase. According to Arkham’s findings, Coinbase holds nearly 1 million BTC on-chain, a revelation that positions it as the “largest…
Coinbase Explores FTX Europe Entry via Derivatives Branch Acquisition
Key takeaways: On September 22, Fortune reported that Coinbase had expressed interest in acquiring the European subsidiary of FTX, which had gone bankrupt the previous November. Coinbase’s interest in FTX Europe was part of its strategy to expand its presence…
Coinbase India to not discontinue services, issues clarification
Key Takeaways Coinbase, a leading cryptocurrency exchange, has moved to clarify recent reports suggesting that it was discontinuing its services for Indian users. Earlier, there were reports from TechCrunch that implied a complete cessation of services for all Indian customers…
Coinbase Quietly Rolls Out Crypto Lending Platform for US Institutions
Coinbase’s Ethereum Layer-2 Network, Base Faces Temporary Outage
Key Takeaways Coinbase’s Ethereum Layer-2 network, Base, experienced a brief outage today, lasting approximately half an hour and taking an additional 30 minutes to fully resolve. This marked the first major disruption since Base’s public launch on August 9, raising…
Coinbase Boosts Debt Buyback to $180 Million Amidst Credit Quality Concerns
Key Takeaways Coinbase, a leading cryptocurrency exchange, has made a substantial expansion to its debt buyback program, increasing the initial offer from $150 million to a substantial $180 million. This strategic move aims to proactively address concerns about the exchange’s…
Coinbase acquires Equity stake in Circle, Centre Consortium dissolved
Key Takeaways Cryptocurrency giant Coinbase Global has unveiled a strategic maneuver that involves an equity stake acquisition in Circle Internet Financial. As part of this development, the collaborative management entity called the Centre Consortium, responsible for overseeing the widely used…
Coinbase Puts a Hold on Tether Trading for Canadian Users
Key takeaways: Coinbase, the cryptocurrency trading platform, has revealed its decision to halt trading activities for Tether’s stablecoin (USDT), as well as the DAI and RAI tokens, within Canada. This announcement comes shortly after Coinbase proudly declared its comprehensive engagement…
Coinbase CEO Vows to Revamp ‘Broken UX’ for Onchain Summer NFTs
key takeaways: In a significant move within the realm of cryptocurrency, Brian Armstrong, the CEO of Coinbase, one of the largest cryptocurrency exchanges, has recently made a commitment to overhaul the user experience (UX) for Non-Fungible Tokens (NFTs) on the…