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. Interpretation of this information: Cryptocurrencies are increasingly being adopted globally for various business transactions or held in exchange as a store of value. The message reports the transfer of 25,000 ETHs from unknown wallets to Coinbase at 14:49 hours. The transaction value approximates $42.95 million with a transaction hash of 0xc48808a2e7cdc5dfc80dc731f679619b4245dfa4d11963b3641d7826720397b. The sudden transfer of such a huge amount of Ethereum into Coinbase…

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). Interpretation of this information: The message states that on March 15th, the address marked as Voyager transferred cryptocurrency worth $27.7 million to Coinbase. The transfer includes 17000 ETHs worth $19 million, 12 million…

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. Interpretation of this information: Coinbase, a popular cryptocurrency exchange, has announced its decision to allow its customers in Singapore to transfer funds in and out of their accounts using the local banking system, facilitated by the renowned traditional bank, Standard Chartered….

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. Interpretation of this information: Coinbase, a leading cryptocurrency exchange, has reported that it is in the process of introducing DeFi applications UniSwap and Aave into Base. Base is a platform that allows application developers to build on top of…

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. Interpretation of this information: Coinbase, the leading cryptocurrency exchange in the United States of America, has lent assurance that users’ funds are safe. The assurance comes on the heels of reports that some users have been experiencing login issues on its website, mobile application and…

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. Interpretation of this information: The message reports that Whale Alert monitoring has detected a transfer of 537352 SOLs, which is worth around 10.74 million US dollars. The transfer was made from an unknown address to Coinbase, a cryptocurrency exchange platform. This news may indicate that the demand for SOL, the native cryptocurrency of the Solana network, is increasing. There are several possible reasons why such a…

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…

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…

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. Interpretation of this information: In a recent statement, Brian Armstrong, the…

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. Interpretation of this information: The above message announces the resumption of the exchange of USDC and USD on Coinbase. This is good news for users of the platform who can now resume trading using these two currencies. The cryptocurrency exchange suspended the trading of USDC and USD due to a technical issue that affected its payment provider. The suspension had caused some inconvenience…

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. Interpretation of this information: Evertas is a cryptocurrency insurance company that recently released a statement that its CSO, Ryan Lacey, asked Coinbase via Twitter if they had considered providing new banking services to high-net-worth individuals and enterprises. The tweet didn’t elaborate any further, and no comment has been made by Coinbase as well. Several factors may have prompted Evertas and…

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. Interpretation of this information: Coinbase, one of the leading crypto-exchanges in the world, announced that it will resume USDC conversion on March 15, after a temporary pause due to Signature Bank’s regulatory closure. The news was shared on the company’s official Twitter handle on March 13. The recent announcement has created…

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. Interpretation of this information: The cryptocurrency world experienced a major shock on March 12th when the Crypto KOL and chain analyst Mr. Whale revealed…

According to reports, Whale Alert data showed that 26636 ETHs (valued at $39143078) were transferred from unknown wallets to Coinbase. Interpretation of this information: The cryptocurrency market has seen a sudden spike in the transfer of Ethereum, one of the most popular cryptocurrencies. The transfer of 26636 ETHs worth $39143078 from unknown wallets to Coinbase has been revealed by Whale Alert data. This implies that there has been a significant increase in the investment being made in Ethereum, which is fast becoming one of the most sought-after cryptocurrencies in the…

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 is 0x925e62c5dbc45f085706d084773348559a5f210b0575dc5111ac0a571d71ff0e. Interpretation of this information: The message reports the transfer of 27,000 ETHs from unknown wallets to Coinbase on a particular day and time. The word ETH refers to Ethereum, which is the second-largest cryptocurrency after Bitcoin. Ethereum is a blockchain platform that allows developers to build decentralized applications using smart contracts. Coinbase is one of the largest cryptocurrency exchanges in the…

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 Coinbase. Interpretation of this information: The news that 49,000 BTCs seized by the US government have been transferred to Coinbase is a reminder of the government’s power to seize digital assets. It is also a reminder of the fact that cryptocurrencies like Bitcoin are increasingly being viewed as a legitimate store of value, given that the government has gone to the trouble of seizing…

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 weekend. When the exchange activity is busy, the conversion depends on the USD transfer cleared by the bank during normal business hours. Coinbase plans to restart the conversion service when the bank opens on Monday. Users’ assets are secure and can be transferred on the chain at any time. Interpretation of this information: Coinbase, one of the world’s largest cryptocurrency exchanges, has announced…

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 (about 96 million) redeemed at least 1.87 billion USDCs in the past 24 hours. Interpretation of this information: The cryptocurrency market has seen a massive fluctuation in stablecoin redemptions in the past 24 hours. PeckShield Alert data reveals that Circle, a global financial technology company, destroyed 2.7 billion USDCs (USD Coin) in this period. At the same time, Coinbase and Jump Crypto redeemed…

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 this Friday, Coinbase said that the pledge service will continue to be provided, but Coinbase will only serve as a service provider connecting pledge users, verifiers and agreements, and will also charge “transparent Coinbase fees”, The biggest change in the terms is that “users must now cancel the pledge before selling or transferring some assets, which makes the service of Coinbase more consistent with…

It is reported that Coinbase, Robin Hood, Kraken and other companies may face lawsuits for potential violations of securities laws. （Fox Business） Interpretation of this information: The news on Fox Business reports that companies like Coinbase, Robin Hood, and Kraken may be facing lawsuits due to possible violations of securities laws. This announcement comes at a time when cryptocurrencies have seen a massive boom in popularity, and digital asset trading platforms have become a mainstream service. However, this has brought increased scrutiny from regulators and lawmakers who are concerned about…