Coinbase

  • Evertas challenges Coinbase to expand banking services to high-net-worth clients

    It is reported that Ryan Lacey, CSO of Evertas, a cryptocurrency insurance company, asked Coinbase on Twitter whether it had considered providing new banking services to high-net-worth individuals and enterprises. Coinbase CEO: is considering adding functions with “banking” business Analysis based on this information:Evertas, a cryptocurrency insurance company, posed a question to Coinbase in a tweet, asking whether the platform had thought of expanding its banking services to high-net-worth individuals and enterprises. The query came after Evertas launched its new insurance policy, covering losses incurred by clients using hot wallets. The insurance firm’s call for Coinbase to expand comes at a time when the cryptocurrency market is experiencing significant growth, and demand for digital currencies and financial services is on the rise. Coinbase has been making moves towards expanding its services for institutional clients, such as Tether, which signed on as a Coinbase customer earlier this year. However, the firm has yet to provide specific services aimed at high-net-worth individuals…

    03/13/2023
    106
  • Uniswap Team Member Transfers $6.09 Million Worth of UNI to Coinbase

    It is reported that, according to Twitter user Bit ember monitoring, 8 hours ago, a Uniswap team member/investor/consultant address transferred 1 million UNI (about US $6.09 million) to Coinbase. An address transferred 1 million UNI to Coinbase this morning, about US $6.09 million Analysis based on this information:According to Twitter user Bit ember monitoring, it was reported eight hours ago that a member of the Uniswap team had transferred one million UNI tokens – worth approximately $6.09 million – to cryptocurrency exchange Coinbase. This news has caught the attention of the crypto community, prompting speculation as to why the transfer was made and what it could mean for the Uniswap platform. Uniswap is a decentralized finance (DeFi) platform that allows users to trade tokens, without the need for intermediaries. The platform operates on Ethereum, and its native token is UNI. As of September 2021, Uniswap was the fourth-largest DeFi platform by total value locked, with over $7 billion in assets….

    03/13/2023
    134
  • Coinbase Resumes USDC Conversion Amid Regulatory Closure

    On March 13, the official Twitter of Coinbase announced that it would resume the USDC conversion on Monday. Due to the regulatory closure of Signature Bank, Coinbase is currently facilitating cash transactions between all customers and other banking partners. Coinbase: cash balance at Signature Bank is 240 million US dollars Analysis based on this information:On March 13, 2021, Coinbase, the leading US cryptocurrency exchange, announced on its official Twitter account that it would resume the conversion of USD Coin (USDC) to US dollars on Monday. This announcement comes after Coinbase had to suspend the USDC conversion feature due to regulatory closure of Signature Bank. Signature Bank, a New York-based financial institution, is one of Coinbase’s banking partners that processes cash transactions for its customers. However, on March 11, 2021, the New York State Department of Financial Services (DFS) ordered Signature Bank to cease and desist its dealings with a particular entity believed to be involved in money-laundering activities involving cryptocurrency…

    03/13/2023
    124
  • Coinbase’s Trading Volume Nosedives by 99.2%

    On March 12, according to the data released by Crypto KOL and chain analyst Mr. Whale, the trading volume of Coinbase on the Cryptocurrency Exchange has plunged by 99.2% in the past 24 hours, which is the first time in history. The reason may be that the US dollar stable currency (USDC) (partially owned by Coinbase) triggered the anchoring in the bankruptcy of Silicon Valley banks. Coinbase’s trading volume fell 99.2% in the past 24 hours Analysis based on this information:The world of cryptocurrency is known for its unpredictability, and Coinbase, one of the world’s largest cryptocurrency exchanges, is no exception. On March 12, a piece of news from Crypto KOL and chain analyst Mr. Whale shook the cryptocurrency world. According to the data released by Mr. Whale, Coinbase’s trading volume on the cryptocurrency exchange had plummeted by a staggering 99.2% in the past 24 hours. This is the first time such a significant drop has been witnessed in Coinbase’s…

    03/12/2023
    113
  • Large transfer of Ether to Coinbase raises questions about the identity of the sender

    According to reports, Whale Alert data showed that 26636 ETHs (valued at $39143078) were transferred from unknown wallets to Coinbase. 26636 ETHs transferred from unknown wallet to Coinbase Analysis based on this information:A large transfer of 26636 ETH, with a total value of $39143078, was recently reported by Whale Alert. The ETH was sent from unknown wallets to Coinbase, a popular cryptocurrency exchange. This transfer has raised questions regarding the identity of the sender and their potential motivations. Whale Alert is a service that tracks large cryptocurrency transactions and alerts users of significant movements. The transfer of over $39 million in ETH is certainly significant, and the fact that it was sent from unknown wallets has caught the attention of cryptocurrency enthusiasts and traders. Coinbase is one of the most well-known and widely-used cryptocurrency exchanges, with millions of users globally. The exchange allows users to buy, sell, and store various cryptocurrencies, including ETH. Coinbase also provides a platform for trading,…

    03/12/2023
    111
  • Large transfer of ETH to Coinbase suggests increased institutional interest in cryptocurrency

    It is reported that 27000 ETHs were transferred from unknown wallets to Coinbase at 08:56 today, with a value of about US $39.06 million. The transaction hash …

    03/12/2023
    124
  • Coinbase Holds Close to 2 Million Bitcoins Worth $40 Billion

    It is reported that Bitcoin News published an article on social media saying that Coinbase holds nearly 2 million BTCs, worth about $40 billion.

    Coinba…

    03/11/2023
    111
  • US Government Transfers Seized BTC to Coinbase

    It is reported that 49000 BTCs (worth US $1 billion) in the wallets seized by law enforcement departments of the US government have been transferred to Coinbas…

    03/11/2023
    141
  • Ark Invest Fund Continues its Faith in Coinbase with Increased Shareholding

    It is reported that the Ark Invest Fund of Cathie Wood increased its holdings of 119429 Coinbase shares again on Friday, about US $6.4 million. Among them, Ark…

    03/11/2023
    105
  • The Evolution of Digital Currencies from Coinbase to Circle Driven by Regulation and Collaboration

    7:00-12:00 Keyword: Coinbase, Meta, Bank of England, Circle

    Summary of important developments at noon on March 11

    Analysis based on this informati…

    03/11/2023
    108
  • Coinbase’s Temporary Suspension of USDC-USB Conversion

    On March 11, Coinbase posted an article on social media that said that the platform would suspend the conversion of USDC-USB when the bank closed on the weeken…

    03/11/2023
    109
  • Significant Reduction of USDCs by Circle, Coinbase and Jump Crypto

    On March 11, according to PeckShield Alert data, Circle destroyed 2.7 billion USDCs in the past 24 hours, and Coinbase (at least 1.78 billion) and Jump Crypto …

    03/11/2023
    114
  • Coinbase Updates Its Pledge Service Under Regulatory Pressure

    According to the news on March 11, under regulatory pressure, Coinbase is updating the terms and conditions of its pledge service. In an email to customers thi…

    03/11/2023
    114
  • Cryptocurrency Companies Facing Lawsuits Over Alleged Securities Law Violations

    It is reported that Coinbase, Robin Hood, Kraken and other companies may face lawsuits for potential violations of securities laws. (Fox Business)

    Coin…

    03/10/2023
    123
  • Aave and Coinbase partnership inspires new Coin Meta

    12:00-21:00 Key words: Aave, Coinbase, Coin, Meta

    Overview of important developments in the evening of March 10

    Analysis based on this information…

    03/10/2023
    121
  • Ark Invest Increases Holdings in Coinbase despite Drop in Shares

    It is reported that Ark Invest, an asset management company of Cathie Wood, continued to increase its holdings of Coinbase shares in its funds. After the incre…

    03/10/2023
    106
  • Coinbase Accused of Unauthorized Virtual Asset Transactions in Korea

    According to reports, the Korea Financial Services Commission said that Coinbase accepted virtual asset transactions without authorization.

    Korea Finan…

    03/10/2023
    116
  • Large-scale transfer of USDC to Coinbase

    According to the report, Whale Alert data showed that at 12:05 Beijing time today, USDC Treasury cast 100000000 USDCs and then transferred them to Coinbase.<br…

    03/10/2023
    113
  • USDC Treasury Burn 200 Million Tokens

    According to the report, Whale Alert data showed that at 11:00 Beijing time today, USDC Treasury cast 200000000 USDCs and then transferred them to Coinbase. Af…

    03/10/2023
    126
  • Large Bitcoin Transfer to Coinbase

    It is reported that 1998 BTCs were transferred from unknown wallets to Coinbase at 08:23 today, with a value of about $41.02 million.

    About $41.02 mill…

    03/10/2023
    140