News
Cathie Wood’s ARK Invest adds $20 million in BitMine shares while scaling back exposure to Coinbase, Block and Robinhood amid its crypto portfolio reshuffle.
5924
Coinbase News
Founded in 2012, Coinbase — named after the Bitcoin (BTC) coinbase transaction that rewards miners for validating blocks — is one of the oldest, largest cryptocurrency exchanges, having supported tens of millions of users since its launch.
Coinbase offers a range of services including custodial wallets with secure buying, selling and storage of cryptocurrencies; advanced trading and exchange services via Coinbase Pro; and USD Coin (USDC), a stablecoin backed by United States dollar reserves that is built on the Ethereum ERC-20 token standard, offering the advantages of cryptocurrencies without the price volatility.
Coinbase has been a popular choice for newcomers seeking to gain exposure to the burgeoning cryptocurrency space.
- News
CoinDCX has denied a media report that it is in “advanced discussions” to be acquired by Coinbase for nearly $1 billion, reiterating it is “super focused” on building India’s crypto story.
1992 - News
PayPal is rolling out a new crypto payment tool that will allow US merchants to receive payments with more than 100 cryptocurrencies.
4795 - News
Coinbase has sued a man in Germany, accusing him of squatting on a domain with the exchange’s name to try to get the company to overpay for it.
16206 - News
South Korea’s FSS advises fund managers to limit ETF exposure to crypto firms like Coinbase, citing caution as regulatory rules are still evolving.
2439 - News
Institutional interest in crypto has been rising as regulatory clarity increases in the United States.
4308 - News
PancakeSwap Infinity, the latest version of the DEX, has launched on Coinbase’s Base network as its TVL and DEX activity hit all-time highs.
11196 - News
Ether lost due to bugs and user errors has surged 44% since March 2023, according to Conor Grogan, head of product at Coinbase.
7720 - News
Charles Schwab plans to offer spot trading for Bitcoin and Ethereum, aiming to attract clients who want to consolidate crypto holdings with their traditional assets.
25401 - News
Coinbase is transforming its wallet into Base App, a crypto-native app combining social media, trading, payments, and mini-apps.
5932 - Price Analysis
Institutional investor demand for Solana-based staking options could set a fire under SOL price.
2591 - News
The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett.
10129 - News
Arcadia Finance’s Rebalancer contract was exploited for $3.5 million in USDC and USDS on the Base blockchain, with stolen assets swapped to WETH.
3692 - News
Known by many in the industry for filing records requests with the US government over crypto policies, Coinbase has filed a lawsuit against Oregon state officials.
5979 - Market Analysis
Bitcoin looks poised for an extended rally to $138,000 according to market cycle history and the current weekly trend.
4857