Coinbase stock surges after favorable federal ruling for Grayscale
In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, a jump of 15% over the previous day’s close. Go to Source
Coinbase
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Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify
This week’s Crypto Biz explores the latest on Binance’s global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify’s take on USDC and China’s blockchain data exchange. Go to Source
Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth
Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL. Go to Source
Base, Optimism unveil shared governance and revenue-sharing framework
The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows. Go to Source
BlackRock has more to lose from a BTC price crash pre-Bitcoin ETF
The notion that BlackRock gains from cheaper Bitcoin for its ETF launch isn’t straightforward, neither is the government’s suppression of BTC price. Go to Source
SEC-Ripple lawsuit cost XRP 3 years of adoption: Lawyer
Crypto lawyer John Deaton cited several instances where major crypto players like Coinbase reached out to the SEC for regulatory clarification before listing XRP, but didn’t face any objection. Go to Source
Coinbase takes equity stake in Circle as USDC Centre Consortium shuts down
Circle will take on full operational and governance responsibility after five years, thanks to increased regulatory clarity. Go to Source
Coinbase sees lukewarm demand for debt buyback, raises offer
The United States crypto exchange has increased its offer for discounted debt by 3%. Go to Source
Ethereum co-founder Vitalik Buterin moves $1M of ETH to Coinbase
Onchain data shows that Ethereum co-founder Vitalik Buterin moved 600 ETH to U.S. exchange Coinbase amid ongoing market woes. Go to Source
Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement
Competing motions for summary judgment saw a federal judge rule the U.S. Treasury with within its authority to declare Tornado Cash a sanctioned entity. Go to Source
