Cryptocurrency News
Coinbase has introduced Wrapped Bitcoin (cbBTC), a new token backed 1:1 by Bitcoin, now available on Ethereum and Base blockchains. This move is aimed at improving financial efficiency across multiple blockchain ecosystems. 🚨 BREAKING: COINBASE OFFICIALLY LAUNCHES WRAPPED #BITCOIN (CBBTC) Coinbase has introduced its Wrapped Bitcoin (cbBTC) token, backed 1:1 […]
Coinbase is stirring up the crypto market with its latest announcement to include ZetaChain and Across Protocol on its listing roadmap. Coinbase Assets announced that it will add Zetachain (ZETACHAIN) and Across Protocol (ACX) to its listing roadmap. ZetaChain is an L1 blockchain and smart contract platform designed for interoperability. […]
In what appeared to be a serendipitous event, Coinbase posted a charming GIF of a Miggle cat on July 16th, hinting at a new product in development. Just seven minutes later, a meme token named $MIGGLES was created on the Base chain. This meme token skyrocketed by 2500% as a […]
The Coinbase listing of VeChain (VET) and VeThor (VTHO) has had a significant impact on both tokens, with VTHO seeing far more notable gains than VET. In the past day, VET is up 9.4%, while VTHO is up 73.9%. This has led to VTHO taking volume from VET, as investors […]
Base is a Layer 2 (L2) network built on Ethereum. It uses a rollup technology called Optimistic Rollups to scale Ethereum by processing transactions off-chain and then batching them and submitting them to the Ethereum mainchain. This allows Base to offer cheaper and faster transactions than Ethereum mainnet. Base Overtakes […]
The cryptocurrency industry has grown and fluctuated significantly in recent years. The regulatory environment pertaining to cryptocurrencies, however, continues to be intricate and dynamic. The Securities and Exchange Commission (SEC), one of the most powerful regulatory authorities in the United States, has been actively investigating the sector and bringing legal […]
The establishment of the legal framework for digital assets in the European Union (EU) through the Markets in Crypto-assets (MiCA) regulation is indeed a significant development for the crypto industry. It represents one of the world’s first comprehensive legislations specifically tailored to address the challenges and opportunities presented by digital […]
The recent SEC lawsuit against cryptocurrency exchanges like Binance and Coinbase, which resulted in a significant number of withdrawals from those platforms (Traders withdrew about $800m out of Binance after lawsuit), may have both short- and long-term effects on the cryptocurrency market. Here are some probable long-term effects for the […]
Cryptocurrency markets are showing signs of life this Wednesday as Bitcoin and Ethereum manage to hold support and register single-digit percent gains. Bitcoin is trading at $24.1k, and Ethereum is up at the $1.8k level, approaching 50% of BTC’s market capitalization. Today’s big news is Coinbase’s Q2 earnings report which […]
After sideways trading for most of this week, Bitcoin and Ethereum prices show signs of life today as ETHUSD is up over 4%, establishing new support at the $1,700 level. On the other hand, Bitcoin remains relatively flat but manages to hold the support at the $23.3k level, with the […]
Coinbase remains one of the biggest gateways to cryptocurrency for both novice and advanced users. It now appears that its in-house developed blockchain analytics software will be made accessible to at least two federal agencies. Law enforcement agencies have shown a keen interest in Bitcoin and other cryptocurrencies. An Interesting […]
There are always some developments taking place in the crypto space that might not make sense at first. Secret meetings between Jamie Dimon and Brian Armstrong, for example, tend to raise a lot of questions. As it turns out, the love-hate relationship between Bitcoin and JP Morgan has a few […]
Coinbase is still one of the biggest cryptocurrency exchanges on the market today. The company keeps providing more services, at its latest venture focuses on price oracle services. It is interesting to see Coinbase explore new options. Oracles Have Arrived on Coinbase There is a lot more to the cryptocurrency […]
The cryptocurrency industry tends to attract a lot of attention from different industries. Brian Brooks, the most recent Coinbase Chief Legal Officer, has been appointed as one of the US’ top banking regulators. An overlap between the financial and cryptocurrency industry has existed for some time now. Former Coinbase Exec […]
Facial recognition technology is opposed in many different countries. Coinbase, a major crypto trading platform, is one of the many companies currently utilizing this technology. More specifically, it appears that Coinbase is a client of Clearview. Coinbase and Clearview are in Cahoots That company has built up a strong yet […]
Most of the top cryptocurrency networks suffer from congestion on a rainy day. This week, it appears that EOS is noting degraded performance according to Coinbase. It is very common for most blockchains to get clogged up. EOS on Coinbase Remains Finicky Although Bitcoin hasn’t suffered from such an incident […]
An exchange on the scale of Coinbase should charge minimal fees. Unfortunately, that is far from the case, and it seems to grow worse. Especially where the staking of assets is concerned, things do not look too promising. Don’t use Coinbase to Stake Assets Recently, Coinbase confirmed how its users […]
With bitcoin dominance at close to 65%, altcoin season and the associated fireworks have not yet emerged. However, strong cryptocurrency markets suggest that big updates garner big reactions. Today’s announcement from Coinbase regarding Tezos is the most recent case. Hours ago, Coinbase announced that Tezos (XTZ) will be integrated onto […]