The U.S. crypto exchange’s ‘Base Neutrality Principles’ are a series of guidelines aimed at maintaining a decentralized and neutral blockchain, according to a blog post.
U.S.-based crypto exchange Coinbase is in talks with Canadian banking giants, trying to convince them to support the crypto ecosystem in that nation, which the company recently entered as it grapples with regulatory uncertainty in its home country.
Crypto exchange Coinbase (COIN) will suspend trading with USDT, DAI and RAI stablecoins for Canadian users starting at the end of this month, the company said in an email. “We regularly monitor the assets on our exchange to ensure they meet our listing standards,” the note sent to users reads. “Based on our most recent … Read more
A group of crypto investors and developers lost a lawsuit funded by Coinbase that sought to argue the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service designed to make crypto transactions anonymous. Tornado Cash is an actual entity in itself, which has a property interest in its smart contracts, wrote … Read more
Past eras of crypto development were marked by a rapid proliferation in protocols for decentralized finance (DeFi) or other purposes, built atop big blockchains like Ethereum. Recently, however, there’s been a mini-explosion in new blockchains, including so-called layer-2 networks built atop Ethereum. The trend is encapsulated in this week’s launch of the Sei network – … Read more
Cryptocurrency exchange Coinbase (COIN) can now list crypto futures in the U.S. nearly two years after applying for approval. Coinbase has secured approval from the National Futures Association (NFA) to operate a Futures Commission Merchant (FCM), the exchange announced on Wednesday. The NFA is a self-regulatory organization with designation from federal derivatives regulator the Commodity … Read more
The investment case for bitcoin (BTC) could be compelling as investors look to navigate some of the current uncertainties in the global macro landscape, Coinbase (COIN) said in a research report Thursday. The structural factors affecting inflation are changing with the advent of new technologies such as generative artificial intelligence (AI), and this may herald … Read more
Base daily active users hits a record high of 136,000. Activity on Base is tied to Friend.Tech, a social network, rumored to be releasing a token airdrop. About $175 million has been bridged to Base since inception. Frenzied activity around Friend.Tech, a social network platform built on Coinbase’s (COIN) layer 2 blockchain Base, has driven … Read more
U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday. Filing amicus – or friend of the court – briefs, the organizations and lawmaker alleged the SEC was trying to … Read more
[ad_1] Web3 Base Is Here, But Some of Its Projects Raise Red Flags This week, Coinbase launched its new Base blockchain while DeGods NFTs are way up after the project announced its upcoming Season III series. Plus, Microsoft and Aptos are teaming up to launch new blockchain AI tools. By Rosie Perper Aug 12, 2023 … Read more