Coinbase

  • BTC valued at approximately $48.95 million transferred to Coinbase

    According to reports, 1752 BTCs were transferred from unknown wallets to Coinbase at 07:10 today, with a value of approximately $48.95 million. Interpretation of this information: The world of cryptocurrency is rife with news of fluctuating values, transactional measurements and sudden marketplace actions. In the latest development, it has been reported that 1752 BTCs (bitcoin currency units) have been transferred from unknown wallets to a transaction platform known as Coinbase. The transfer occurred at precisely 7:10am on the current day, with the transaction estimated to be worth nearly $48.95 million….

    03/21/2023
    134
  • Coinbase: ChatGPT does not meet the accuracy requirements of the security review

    It is reported that Coinbase: ChatGPT, a cryptocurrency exchange, does not meet the accuracy requirements of security reviews. Interpretation of this information: Cryptocurrency exchange platform Coinbase has reportedly failed to meet the accuracy requirements of security reviews. According to the news report, the platform’s security measures have not passed the accuracy tests necessary to ensure the safety and security of its users’ accounts and assets. Security is a critical concern for cryptocurrency platforms, as they deal with high-value transactions, and any security breach or data loss can be extremely damaging….

    03/21/2023
    126
  • Coinbase allows the purchase of cryptocurrencies using the Brazilian real

    According to reports, Coinbase stated that it had integrated the Brazilian government’s payment system Pix and started allowing the purchase of cryptocurrency using the Brazilian real. The collaboration with Pix, which has over 140 million users, was achieved through collaboration with Ebanx, a Brazilian end-to-end payment processor. In addition to purchasing in local currency, customers can also withdraw the Brazilian real. Interpretation of this information: The recent announcement by Coinbase, one of the world’s leading cryptocurrency exchanges, of integrating Brazil’s government-operated Pix payment system into its platform is significant for…

    03/21/2023
    128
  • Base announces “Build on Base” bounty winners as Percent AI, Rhinestone, and Inheritable

    On March 21st, Coinbase Layer 2 Network Base announced the winner of the “Build on Base” 15000 USD DC bounty from ETH Driver BUIDLathon, including Decent AI, Rhinestone, and Inheritable. Interpretation of this information: The recent announcement made by Coinbase Layer 2 Network Base regarding the winners of the “Build on Base” 15000 USD DC bounty from ETH Driver BUIDLathon has caught the attention of the crypto community. The competition was launched as a way to inspire developers to build decentralized applications (DApps) on the Layer 2 Base Network of…

    03/21/2023
    161
  • Coinbase CLO once again called on the SEC to clarify that pledge services are not securities, and to contact the public before law enforcement

    On March 21st, Paul Grewal, Chief Legal Officer of Coinbase, said on Twitter that today, Coinbase submitted a comment letter to our July 2022 SEC rulemaking petition. We explained why core pledge services are not securities issuance and asked the SEC to clarify the fact that core pledge services are not securities. Interpretation of this information: Coinbase, a cryptocurrency exchange based in the United States, submitted a comment letter to the Securities and Exchange Commission’s (SEC) Rulemaking Petition, according to Paul Grewal, the Chief Legal Officer of Coinbase. In a…

    03/21/2023
    129
  • The US Supreme Court will hear encryption related cases for the first time on Tuesday

    According to reports, the Supreme Court of the United States will hear the debate on the first cryptocurrency related case in history on Tuesday, when Coinbase’s lawyers will try to persuade nine judges to suspend two class action lawsuits against the trading platform (Bielski v. Coinbase and Suski v. Coinbase), respectively accusing the defendant of improper security measures leading to personal account hacking and advertising involving misleading consumers. (CoinDesk) Interpretation of this information: The Supreme Court of the United States will hold a hearing related to the first-ever case involving…

    03/21/2023
    143
  • Coinbase stops supporting Signet, a digital payment platform for signing banks

    On March 21, Coinbase said that it had stopped supporting Signature Bank’s digital payment platform, Signet, more than a week after the US regulatory authority took over Signature Bank. Interpretation of this information: Cryptocurrency exchange, Coinbase, has stopped supporting Signature Bank’s digital payment platform, Signet, just over a week after US regulatory authorities took over Signature Bank. Signet is a blockchain-based platform used for real-time payments and allows for instant settlements without needing to use wire transfers. The suspension of Signet is believed to be due to the regulatory takeover…

    03/21/2023
    195
  • 2276 BTC transferred from Coinbase to unknown wallet

    According to reports, data shows that 2276 BTCs (valued at approximately $61901684) have been transferred from Coinbase to unknown wallets. Interpretation of this information: The cryptocurrency world has seen many surprises in the past few years, and the latest one has come in the form of a report that shows that more than 2276 BTCs have been transferred from Coinbase to unknown wallets. The estimated value of these coins comes out to be around $61901684. It’s significant news for the crypto world, as the crypto market is already going through…

    03/20/2023
    128
  • Coinbase: US banking turmoil strengthens the cryptocurrency outlook

    According to reports, Coinbase stated in a report that after the recent turmoil in the US banking industry, the medium to long-term prospects of the cryptocurrency market have been strengthened. Cryptocurrencies exhibit some flexibility, partly due to technical reasons, but also because more and more people now recognize the fundamental value proposition of replacing the inherent failure points of traditional financial systems. Interpretation of this information: The recent financial crisis in the United States has given a boost to the cryptocurrency market according to Coinbase, one of the leading cryptocurrency…

    03/20/2023
    121
  • Source: The proposed overseas platform of Coinbase will provide derivatives trading

    According to reports, two sources said that Coinbase, the cryptocurrency exchange, is exploring the launch of an offshore platform to launch permanent swaps related to cryptocurrencies, as the company hopes to break the status quo of the industry dominated by its competitor, Coinbase. According to people familiar with the matter, Coinbase has briefed market makers and trading companies on plans to launch the platform in offshore jurisdictions, where permanent swap contracts will be included. Derivatives provide traders with a more capital efficient way to bet on the underlying cryptocurrency market….

    03/18/2023
    126
  • Chief Legal Officer of Coinbase: XRP may be re listed in Coinbase, depending on the judge’s decision

    According to reports, Paul Grewal, the chief legal officer of Coinbase, said that XRP may be re listed in Coinbase, but it will require some legal steps, but ultimately depends on the judge’s ruling and Coinbase’s evaluation of the court’s ruling. Paul Grewal explained that many things will depend on the details of court rules. “I know this won’t satisfy some people very much, but as a publicly traded company, Coinbase does have a responsibility to exercise caution in this area and respect any claims that this is a subject…

    03/17/2023
    130
  • 1500 BTCs transferred from unknown wallets to Coinbase

    According to reports, according to WhaleAlert data monitoring, 1500 BTCs (approximately $39104987) were transferred from unknown wallets to Coinbase. Interpretation of this information: The message above discusses the transfer of 1500 BTCs from unknown wallets to Coinbase. This transfer has been reported by WhaleAlert, which is a data monitoring service that tracks large cryptocurrency transactions across various blockchain networks. WhaleAlert is known for reporting on transactions that exceed certain thresholds, such as transactions that involve more than 10,000 BTCs or equivalent amounts in other cryptocurrencies. In this case, the transfer…

    03/17/2023
    136
  • Coinbase: L2 network Base testing 55000 smart contracts deployed online

    According to reports, Coinbase released progress on the Layer 2 network base, with over 18000 developers releasing 55000 smart contract deployments on the base testing network in the first week; The number of Foundations for the Base, Introduced NFT released in collaboration with Zora reached 485000 in the first week. Interpretation of this information: Cryptocurrency exchange, Coinbase, has made significant strides in its Layer 2 network base. According to reports, Coinbase released progress on the base and revealed that more than 18,000 developers have released 55,000 smart contract deployments on…

    03/17/2023
    124
  • Coinbase: The request for cancellation of pledge will begin to be accepted 24 hours after the Shanghai Capella update

    According to reports, Coinbase stated on Twitter that around 24 hours after Shanghai Capella upgraded to the Ethereum network, Coinbase will begin accepting requests to cancel the pledge, which will allow users to cancel the pledge of ETH. However, this does not mean that users will be able to immediately cancel the pledge of their ETH. Because Coinbase said, “The Ethereum agreement controls the process of canceling the pledge, and we are just pipelines. We cannot share the exact waiting time when you request to cancel the pledge.” Coinbase currently…

    03/16/2023
    131
  • Data: 21134 ETHs transferred from unknown wallets to Coinbase

    On March 16th, according to Whale Alert data monitoring, 21134 ETHs (approximately $35150650) were transferred from unknown wallets to Coinbase. Interpretation of this information: The message provides information about a significant transaction in the world of cryptocurrency. It states that on March 16th, Whale Alert, which is a platform that tracks large cryptocurrency transactions, recorded the transfer of 21134 ETHs, equivalent to the value of $35150650 at the time, from wallets of unknown origin to Coinbase, a popular digital currency exchange. This news may attract interest from those who are…

    03/16/2023
    137
  • Sun Yuchen has transferred over 350 million USDCs in total after recovering the conversion between USDCs and US dollars in Coinbase

    On March 16th, according to Lookonchain monitoring, Sun Yuchen has transferred 351.6 million USDCs to Coinbase after Coinbase resumed the conversion of USDCs to US dollars. Interpretation of this information: The transfer of 351.6 million USDCs from Sun Yuchen to Coinbase on March 16th has been reported by Lookonchain monitoring. This transaction is significant because it follows Coinbase’s recent announcement of resuming the conversion of USDCs to US dollars after experiencing a short outage. Sun Yuchen, the founder of TRON, a blockchain-based platform for decentralized applications, has been known for…

    03/16/2023
    137
  • BTC valued at approximately $42.94 million transferred 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. Interpretation of this information: The message reports the transfer of 1760 BTCs from unidentified wallets to Coinbase at 13:56 today, worth around $42.94 million. The anonymity of the sender wallets creates a degree of ambiguity in the transfer. The move is indicative of the cryptocurrency market’s volatility, with the value of Bitcoin and other cryptocurrencies fluctuating by the minute. The transfer of such an enormous amount of Bitcoins…

    03/16/2023
    127
  • CEO of Coinbase: The corresponding investment will be adjusted because the regulatory environment in the United States lags behind other major financial centers

    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.” Interpretation of this information: The message reveals that Coinbase, a popular cryptocurrency exchange, has decided to allow customers in Singapore to transfer funds into or…

    03/16/2023
    120
  • Coinbase will accept the request for pledge ETH withdrawal after the upgrade of Ethereum Shapella, and U.S. users may need to pay taxes

    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.” Interpretation of this information: The message from Coinbase highlights the platform’s readiness to begin accepting cancellation requests for pledges after Shanghai Capella (Shapella) upgrades…

    03/16/2023
    132
  • Coinbase will suspend the transactions of six types of Tokens such as YFII and MIR

    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. Interpretation of this information: Coinbase, one of the world’s leading cryptocurrency exchanges, has announced that it will suspend transactions involving six different digital currencies, namely Rally, DFIMoney, Mirror,…

    03/16/2023
    138