Coinbase

  • Large Transfer of Bitcoins to Coinbase

    According to reports, 1760 BTCs were transferred from unknown wallets to Coinbase at 13:56 today, with a value of approximately $42.94 million. BTC valued at approximately $42.94 million transferred to Coinbase Analysis based on this information:The world of cryptocurrencies is known for its fast-paced, unpredictable nature. The market frequently experiences sudden price surges or drops, and investors are always on their toes to keep up with any event that might affect their trading. A new development in the world of Bitcoin has been reported today, indicating that 1,760 BTCs were transferred from unknown wallets to Coinbase at 13:56. The total value of this transfer is over $42.94 million, which is a significant amount in the crypto world. Coinbase is a popular platform where traders can buy and sell their cryptocurrencies. It has become one of the most trusted cryptocurrency exchanges globally and handles a large percentage of Bitcoin transactions. Many traders and investors use Coinbase as a safe haven for…

    03/16/2023
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  • Coinbase now enables Singapore customers to transfer funds

    According to reports, “Coinbase (COIN. O) will allow Singapore customers to transfer funds into or out of their accounts through local banks.” Brian Armstrong, CEO of Coinbase, said on Twitter, “In creating a clear regulatory manual for cryptocurrencies, the regulatory environment in the United States lags behind other major financial centers (the United Kingdom, Singapore, Hong Kong, China, etc.). We will adjust our investments accordingly.” CEO of Coinbase: The corresponding investment will be adjusted because the regulatory environment in the United States lags behind other major financial centers Analysis based on this information:Coinbase has announced that it will allow Singaporean customers to transfer funds in or out of their accounts via local banks. This update will prove beneficial to the cryptocurrency exchange platform’s customer base in Singapore, where users can now easily deposit or withdraw funds to pay for goods and services. Coinbase’s CEO, Brian Armstrong, acknowledged that the regulatory environment in some countries is more favorable to cryptocurrencies than…

    03/16/2023
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  • Coinbase announces acceptance of cancellation requests for Ethereum network

    On March 16th, Coinbase stated in a blog post that within 24 hours after Shanghai Capella (Shapella) was upgraded to the Ethereum network, Coinbase would begin accepting requests for cancellation of pledges. Coinbase pointed out, “The process of canceling the pledge is controlled by the Ethereum agreement, and we are only a channel. Therefore, it is unclear how long it will take to cancel the pledge.” Coinbase will accept the request for pledge ETH withdrawal after the upgrade of Ethereum Shapella, and U.S. users may need to pay taxes Analysis based on this information:Coinbase’s recent announcement about accepting cancellation requests for the Shapella upgrade to the Ethereum network within 24 hours is an interesting development in the cryptocurrency space. This new feature highlights the growing importance of trust and transparency in cryptocurrency transactions, especially since the process of canceling the pledge is now solely controlled by the Ethereum agreement. This announcement by Coinbase is significant because it highlights the platform’s…

    03/16/2023
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  • Suspension of Transactions on Coinbase for Selected Cryptocurrencies

    On March 16th, Coinbase said on Twitter that, based on recent reviews, transactions involving Rally (RLY), DFIMoney (YFII), Mirror (MIR), OMG Network (OMG), LoomNetwork (LOOM), and Auger (REP) will be suspended around 0:00 Beijing time on March 30th. Transactions on Coinbase.com, CoinbasePro, Coinbase Exchange, and Coinbase Prime will be suspended. However, user funds can still be accessed and withdrawn at any time. Coinbase will suspend the transactions of six types of Tokens such as YFII and MIR Analysis based on this information:Coinbase is a digital currency exchange platform that provides a secure platform for buying, selling, and storing cryptocurrencies. On March 16th, Coinbase tweeted about the suspension of transactions involving six cryptocurrencies, namely Rally (RLY), DFIMoney (YFII), Mirror (MIR), OMG Network (OMG), Loom Network (LOOM), and Augur (REP). The suspension is set to take place around 0:00 Beijing time on March 30th. The tweet mentions that the suspension of transactions will affect Coinbase.com, CoinbasePro, Coinbase Exchange, and Coinbase Prime, which…

    03/16/2023
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  • Coinbase Reports Successful Fix for Intermittent Landing Issue

    According to reports, Coinbase said that the problem of intermittent landing had been solved. Coinbase intermittent login problem has been solved Analysis based on this information:In the world of cryptocurrency, Coinbase has become a household name. As one of the most popular and user-friendly platforms for buying, selling, and trading cryptocurrencies, Coinbase boasts a userbase of over 35 million people. However, like any technology platform, Coinbase has had its fair share of technical issues over the years. One of the most recent issues reported by users was an intermittent landing issue, which prevented users from accessing the platform. According to recent reports, Coinbase has announced that this intermittent landing issue has been successfully solved. While the exact nature of the issue has not been disclosed, it is clear that this was a significant problem for Coinbase and its users. The company has stated that they are continuing to monitor the situation and will provide updates if needed. Many users are…

    03/15/2023
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  • The voyager of cryptocurrency arrives in Australia supported by CNHC Group

    12:00-21:00 Keywords: Voyager, Coinbase, CNHC Group, Australia Overview of important developments on the evening of March 15th Analysis based on this information:From 12:00 to 21:00, the cryptocurrency market sees constant movement, and the voyager of cryptocurrency, Coinbase, has landed in Australia with the support of CNHC Group. The entrance of Coinbase into the Australian market represents a milestone for the cryptocurrency industry as it will expand the adoption of cryptocurrencies in the country. Coinbase has been a pioneer in the cryptocurrency market and provides users with a safe and secure platform to buy, sell and store their cryptocurrencies. CNHC Group has pledged to support Coinbase as it enters the Australian market by acting as a service partner for Coinbase. This partnership confirms CNHC group’s dedication to promoting the market entry of cryptocurrencies in Australia to start a new phase of high-quality development for the industry. Australia has one of the highest rates of cryptocurrency adoption in the world. In 2020,…

    03/15/2023
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  • Mysterious Transfer Sends over $42 Million Worth of ETH to Coinbase

    According to reports, 25000 ETHs were transferred from unknown wallets to Coinbase at 14:49 today, with a value of approximately $42.95 million. The transaction hash is 0xc48808a2e7cdc5dfc80dc731f679619b4245dfa4d11963b3641d7826720397b. About $42.95 million worth of ETH transferred to Coinbase Analysis based on this information:Reports have come in that a significant amount of Ethereum (ETH), valued at around $42.95 million, has been transferred from unknown wallets to Coinbase at exactly 14:49 (GMT) today. This transfer included a total of 25,000 ETH, which was sent in a single transaction via the Ethereum network. The transaction hash was identified as 0xc48808a2e7cdc5dfc80dc731f679619b4245dfa4d11963b3641d7826720397b, indicating the specific transaction on the blockchain. The timing of this transfer is an intriguing factor. It came during a period when the price of ETH was falling relative to Bitcoin (BTC) amid the recent market downturn. All plausible assumptions appear to be indicating that the mysterious wallet holders transferred their ETH holdings to Coinbase with the intention of taking some amount of profit as…

    03/15/2023
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  • Massive Crypto Transfer to Coinbase by Voyager

    On March 15th, according to Paidun monitoring data, in the past 12 hours, the address marked as Voyager has transferred cryptocurrency valued at approximately $27.7 million to the crypto trading platform Coinbase, including 17000 ETHs (valued at approximately $19 million), 12 million VGX (valued at approximately $4 million), and 270 billion SHIBs (valued at approximately $3 million). Paidun: Voyager transfers cryptocurrency valued at approximately $27.7 million to Coinbase Analysis based on this information:The latest news in the world of cryptocurrency is that the address labeled as Voyager has transferred approximately $27.7 million worth of cryptocurrency to Coinbase. This news is based on the data monitored by Paidun on March 15th, and it reveals that the transfer was made within the last 12 hours. The cryptocurrency transferred to the Coinbase platform includes 17,000 ETHs valued at approximately $19 million, 12 million VGX, whose value is estimated to be around $4 million, and 270 billion SHIBs, valued at approximately $3 million, whose…

    03/15/2023
    112
  • Coinbase Teams Up with Standard Chartered to Facilitate Free Transfers for Singapore Users

    It is reported that the cryptocurrency exchange Coinbase (COIN. O) will allow Singapore customers to transfer funds into or out of their accounts through local banks. The company said in a statement that the transfer of Singapore dollars was provided by the traditional bank Standard Chartered without any charge. Coinbase: The transfer of Singapore dollars is provided by Standard Chartered Bank without any charge Analysis based on this information:Coinbase, the popular cryptocurrency exchange, has teamed up with Standard Chartered, a multinational banking and financial services company, to offer a new service for its Singapore customers. According to a recent statement by Coinbase, Singaporean users can now transfer funds into or out of their accounts through local banks, facilitated by Standard Chartered, without any charge. This move by Coinbase marks a strategic push to expand its offerings in the Asia-Pacific region, where cryptocurrencies have continued to gain popularity. Furthermore, it’s a major step towards facilitating crypto transactions in Singapore, where digital…

    03/15/2023
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  • Coinbase temporarily disables Binance USD (BUSD) transactions

    According to the report, Coinbase Assets posted on social media that although Coinbase has disabled the Binance USD (BUSD) transaction, the user’s BUSD funds can still be used, and the user can withdraw funds at any time. Coinbase: BUSD can still be extracted at any time Analysis based on this information:Coinbase, one of the largest cryptocurrency exchange platforms, recently posted on social media that they have disabled the Binance USD (BUSD) transaction option for their users. Although this move may have caused some inconvenience to users who regularly use BUSD for transactions, Coinbase assured them that their BUSD funds are still safe and can be used in other ways. According to Coinbase’s recent announcement, users can still access their BUSD funds and even withdraw them at any time. This means that BUSD wallet balances are not affected by the temporary disabling of BUSD transactions on Coinbase’s platform. Users can still hold, receive, and send BUSD to other wallets, but they…

    03/14/2023
    111
  • Coinbase Ventures into DeFi with UniSwap and Aave on Board

    It is reported that Coinbase is starting to introduce the decentralized financial (DeFi) applications UniSwap and Aave into Base. A person familiar with the matter said that Coinbase was recruiting many agreements for Base. UniSwap and Aave are two of them. UniSwap may be integrated into Base in a few months. Coinbase is introducing UniSwap and Aave into Base Analysis based on this information:Coinbase, one of the leading cryptocurrency exchanges globally, is gearing up to introduce decentralized financial applications on its platform. Uniswap and Aave, two popular DeFi platforms, are said to be among the agreements Coinbase is currently recruiting for Base. According to an individual familiar with the matter, UniSwap may be integrated into Base in a few months. Decentralized finance or DeFi refers to a financial system that operates on a blockchain network allowing participants to transact with each other directly, cutting out intermediaries like banks. Typically, DeFi applications are open-source and available for anyone to use without…

    03/14/2023
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  • Coinbase Assures User Safety Amidst Login Issues

    According to reports, Coinbase said that it was aware that some users encountered problems when logging in to the Coinbase website, mobile application and Coinbase Prime, and the team was solving this problem as soon as possible. The funds in the Coinbase account are safe. The team is solving the problem of intermittent login in Coinbase Analysis based on this information:Coinbase, one of the most popular cryptocurrency exchanges globally, recently announced that some users have experienced problems accessing its services. The users faced difficulties when logging in to the Coinbase website, mobile application, and Coinbase Prime. However, Coinbase has quickly addressed the issue, stating that it is aware of the problem and is working on resolving it as soon as possible. In reassuring its customers about their fund security, the company emphasized that user accounts remain safe, and users’ funds are not at risk. While the nature of the login issue is not yet clear, such instances of login problems…

    03/14/2023
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  • Large Transfer of SOLs to Coinbase

    It is reported that according to Whale Alert monitoring, 537352 SOLs (worth about US $10.74 million) were transferred from an unknown address to Coinbase. Data: An unknown address transferred SOL worth about US $10.74 million to Coinbase Analysis based on this information:A recent report from Whale Alert monitoring has revealed a significant transfer of 537352 SOLs, valued at approximately US$10.74 million, from an unknown address to Coinbase. The transaction has caught the attention of the cryptocurrency community, with many speculating about the reasons behind the transfer and what it might mean for the future of SOLs. SOLs is the native token of the Solana blockchain. The asset’s value has been on the rise in recent months, with many investors seeing it as a promising digital asset for the future. Given the increasing popularity of SOLs, the question on everyone’s mind is whether this transfer indicates that Coinbase is becoming more bullish on the asset and intends to make it a…

    03/14/2023
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  • Coinbase CEO’s Views on Pledge Plan, Derivatives Platform and CFTC Cooperation

    On March 14, Brian Armstrong, CEO of Coinbase, said in the latest Bankless podcast interview that Coinbase’s pledge plan was not a security, so he would defend the pledge mechanism and defend its rights and interests in court. In addition, Brian Armstrong also revealed that Coinbase was considering selecting several derivatives. The exchange had been cooperating with the United States Commodity Futures Trading Commission (CFTC) to promote the online operation of its derivatives platform as soon as possible, which would also become a major event in the United States encryption market. Coinbase CEO: is cooperating with the CFTC of the United States to launch the derivatives platform as soon as possible Analysis based on this information:Brian Armstrong, CEO of Coinbase, spoke in detail about the company’s pledge plan, derivatives platform, and cooperation with the Commodity Futures Trading Commission (CFTC) during his latest Bankless podcast interview in March. Armstrong reinforced his confidence regarding the pledge mechanism, stating that it was not…

    03/14/2023
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  • Coinbase Claims Cryptocurrency on Its Platform is Not Securities

    It is reported that according to the latest amicus curiae briefing submitted by Coinbase, the cryptocurrency exchange claimed that the cryptocurrency on its platform was not securities, and that Coinbase would also be willing to list securities products if the United States Securities and Exchange Commission gave appropriate guidance and regulations. Coinbase wrote in the briefing: “The United States Securities and Exchange Commission believes that digital assets are qualified as securities because they belong to investment contracts, but for encrypted assets, the legal term lacks two basic attributes. They are neither contracts nor investments.” (coindesk) Coinbase: If the SEC makes rules, it is willing to list securities Analysis based on this information:In the latest amicus curiae briefing submitted by Coinbase, the cryptocurrency exchange claims that the cryptocurrency on its platform is not securities. This stance is in contradiction to the United States Securities and Exchange Commission (SEC), which believes that digital assets are qualified as securities because they belong to…

    03/14/2023
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  • Coinbase Considers Alternative Banking Model

    According to reports, Brian Armstrong, the CEO of Coinbase, said in response to Ryan Lacey, the chief strategic officer of Evertas, a crypto asset insurance company, that after the collapse of the Silicon Valley bank, Coinbase considered selecting a “high net worth+new commercial bank” model, “transferring assets to community banks and reserves”, but needed to provide more functions, such as fund wire transfer outbound, multi-user support, etc, Brian Armstrong also said that “non-partial reserve banking” now looks more attractive. Coinbase CEO: considered “transferring assets to community banks and reserves” Analysis based on this information:Coinbase is a digital currency exchange platform that allows users to buy and sell various cryptocurrencies. It has been on top of the market since its establishment in 2012, and it still continues to be a leading digital currency exchange today. However, like any business, it has faced its fair share of challenges, particularly in the area of banking. Brian Armstrong, the CEO of Coinbase, recently revealed…

    03/14/2023
    119
  • Coinbase’s Struggle with Securities Regulation

    On March 14, Paul Grewal, chief legal officer of Coinbase, tweeted: “Coinbase has no online securities, but we want to go online. Last year, we even requested the United States Securities and Exchange Commission (SEC) We began to formulate rules on this issue and put forward 50 questions, but we did not receive any reply. Instead of focusing on practical and durable solutions such as rulemaking or registration options, regulators have given priority to such actions that distort the legal definition of investment contracts beyond recognition. The rule of law is very important. The Ministry of Justice admitted this when accusing our former employees and their associates of wire transfer fraud rather than securities fraud. This is reasonable. The reason is simple. The assets involved are not securities. “ Financial officer of Coinbase: The regulatory authority did not focus on practical and durable solutions such as rulemaking or registration options Analysis based on this information:In March 2021, Coinbase’s Chief Legal…

    03/14/2023
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  • Pulsechain Sacrifice wallet triggers the largest net outflow of USDC on Coinbase

    According to the report, Conor, the business director of Coinbase, tweeted that the largest net outflow of USDCs seen on the chain belonged to the Pulsechain Sacrifice wallet. At the weekend, they exchanged 155 million USDCs for 153.7 million DAIs. They should use MakerDAO’s PSM directly, and Pulsechain finally took on the sliding point of $1.4 million, which they don’t need to do. Business director of Coinbase: Pulsechain Sacrifice wallet exchanged 155 million USDCs for 153.7 million DAIs Analysis based on this information:The recent report reveals that the Pulsechain Sacrifice wallet has generated the largest net outflow of USDCs on the Coinbase chain. Conor, the business director of Coinbase, tweeted about this development, mentioning that over the weekend, the wallet exchanged 155 million USDCs for 153.7 million DAIs. It is interesting to note that instead of utilizing MakerDAO’s PSM directly, Pulsechain chose to take on the sliding point of $1.4 million on their own. This decision raises several questions as…

    03/13/2023
    106
  • Title:

    It is reported that according to statistics, the stable currency USDC recorded a global trading volume of US $26.73 billion within 24 hours. On Saturday, the USDC decoupled from the US dollar and fell to a low of US $0.877. Therefore, encryption companies such as Binance, Coinbase, Crypto.com and Bitpay suspended USDC payment and automatic conversion. The stable currency USDC recorded a global trading volume of US $26.73 billion within 24 hours Analysis based on this information:USDC Trading Volume Hits $26.73 Billion, But Cryptocurrency Companies Suspend Payments Keywords: USDC, Stable Currency, Trading Volume, Cryptocurrency Companies, Payment Suspension Interpretation: A stable currency, USDC has recorded a global trading volume of $26.73 billion within 24 hours, according to statistics. Despite this, on Saturday, the USDC decoupled from the US dollar and fell to $0.877, causing cryptocurrency companies such as Binance, Coinbase, Crypto.com, and Bitpay to suspend USDC payment and automatic conversion. This news raises several questions about the sustainability and trustworthiness of…

    03/13/2023
    112
  • Coinbase Resumes Exchange of USDC and USD

    On March 13, it was reported that Coinbase has resumed the exchange of USDC and USD, which can be conducted normally through API and transaction platform UI. Coinbase has resumed the exchange of USDC and USD Analysis based on this information:Coinbase, one of the leading digital currency exchange platforms, has resumed the exchange of USDC and USD on March 13, 2021. Customers can now conduct their transactions normally through the Application Programming Interface (API) and transaction platform user interface (UI). This resumption follows a brief halt of the transactions due to technical difficulties; however, Coinbase has assured customers that the issue has been resolved. USDC is the digital currency token used on the Coinbase platform, and its value is pegged to the US dollar. This means that customers can buy USDC and use it to trade other digital currencies. On the other hand, the USD is a fiat currency, and Coinbase only supports USD deposits and withdrawals for verified US…

    03/13/2023
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