Coinbase disables trading for BUSD
Coinbase assured users that their BUSD funds will remain accessible and that they will still be able to withdraw funds at any time. Go to Source Powered by WPeMatico
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Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week
Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again in the wake of Silicon Valley Bank failing and Signature Bank being closed. Go to Source Powered by WPeMatico
Coinbase CEO ponders banking features after Silicon Valley Bank crisis
Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neo-bank of sorts. Go to Source Powered by WPeMatico
Coinbase, Celsius and Paxos disclose funds in Signature Bank
The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm. Go to Source Powered by WPeMatico
USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether, … Read more
USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped below the U.S. dollar parity during the early morning (ET) … Read more
Ethereum layer-2 solutions may focus less on token incentives in the future
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization? Go to Source Powered by WPeMatico
Coinbase reiterates that staking services will continue, despite SEC crackdown
Despite the SEC looking to crackdown on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue. Go to Source Powered by WPeMatico
Coinbase still a buy for Cathie Wood: ARK buys its biggest batch of COIN in 2023
Amid the crypto market facing another wave of panic, Cathie Wood’s ARKK keeps bagging record amounts of Coinbase stock this year. Go to Source Powered by WPeMatico
Coinbase Launches Wallet-as-a-Service to Bring Millions to Web3
On March 8, Coinbase announced the launch of its Wallet-as-a-Service (WaaS) product. The WaaS product aims to “bring the next hundred million consumers into Web3 through a seamless wallet-onboarding experience.” The Coinbase WaaS offers wallet infrastructure application programming interfaces (APIs) to companies, enabling them to build their own custom Web3 crypto wallets. Coinbase’s Wallet-as-a-Service Aims … Read more
