Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?
BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets. Go to Source
Coinbase
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Coinbase layer-2 network Base hits 136,000 daily active users
Around 30% of Base’s users on Aug. 10 were new to the blockchain which launched only a day prior. Go to Source
SEC use of Terraform ruling hints Coinbase dismissal motion attack plan
The SEC claims a court ruling gives it authority over crypto, setting up a possible counter-argument in dismissal motions brought against it. Go to Source
Base network has officially launched: Here’s how it can be used
Coinbase’s Base network completed its phased launch on Aug. 9, and is officially open to end-users. Go to Source
Coinbase begins $150M debt buyback at 36% discount
The cryptocurrency exchange’s 2031 Senior Notes, which have a coupon rate of 3.625%, have $1 billion in outstanding principal. Go to Source
Binance sold USDC for another stablecoin — Coinbase CEO
Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD. Go to Source
Crypto-centered public companies record profit beating Q2 estimates
The rise in crypto prices, as well as non-trading revenues, became key to profitability for many of these companies. Go to Source
Coinbase CEO says leaving US ‘not even in the realm of possibility right now’: Report
Brian Armstrong has previously suggested Coinbase might abandon the U.S. for a more crypto-friendly country, but also said the exchange was “100% committed” to the local market. Go to Source Powered by WPeMatico
‘The SEC has violated due process’ — Coinbase CLO on motion to dismiss lawsuit
Lawyers for Coinbase cited precedent from the SEC v. Ripple case, in which a judge ruled that the XRP token largely did not qualify as a security by the commission’s standards. Go to Source Powered by WPeMatico
Shiba Inu lead developer queries Coinbase’s ‘Onchain Summer’ campaign
Kusama responded to Coinbase’s CEO, Brian Armstrong’s update with the statement, “If it isn’t a shadowcat, it’s a copycat.” Go to Source Powered by WPeMatico
