October 9th, 2024
Coinbase News
Stay updated with the latest Coinbase news as the exchange evolves to meet the changing global financial landscape. As a major exchange, Coinbase has secured several partnerships and launched useful products to offer users new ways to trade cryptocurrency, while maintaining security and adhering to regulatory requirements.
Cathie Wood’s Ark Invest Goes on COIN Buying Spree, Buys $2.2M of Coinbase Shares
By Bhushan Akolkar
October 9th, 2024
The latest purchase brings Ark’s total holdings in Coinbase to approximately $67 million, representing 7.43% of the fund’s value.
EU MiCA Rules: Coinbase Will Delist All Non-Compliant Stablecoins by December
By Bhushan Akolkar
October 4th, 2024
Coinbase will delist all unauthorized stablecoins in the EU by December 30, 2024, in complaince with MiCA rules which require stablecoin issuers to obtain e-money authorization.
Ripple CTO Flags Subtle Coinbase-Linked Scam Move
By Godfrey Benjamin
October 4th, 2024
A malicious actor is targeting Coinbase users with fake support email as flagged by Ripple CTO.
Aerodrome Dominates Base Network with Over $1B in Deposits
By Mayowa Adebajo
October 3rd, 2024
Aerodrome is the largest DEX on the network and accounts for almost half of Base’s TVL.
Ethereum Layer 2 Blockchain Base Creator Jesse Pollak Joins Coinbase’s Executive Team
By Temitope Olatunji
October 1st, 2024
Jesse Pollak’s new role at Coinbase aims to strengthen Coinbase’s values and enhance user experience in the blockchain ecosystem.
Coinbase’s L2 Base Becomes Second-largest Optimistic Rollup as It Crosses $2B in TVL
By Chimamanda U. Martha
September 27th, 2024
Coinbase’s layer-2 scaling solution Base has achieved a new milestone of $2 billion in total value locked within one year of launch.
Crypto and US Stock Correlation at Record High
By Godfrey Benjamin
September 23rd, 2024
The market correlation between US stocks and crypto has grown in the past few weeks and is now topping 0.67.
US SEC Wants Extension of Discovery Deadline in Coinbase Lawsuit
By Godfrey Benjamin
September 19th, 2024
Coinbase has reportedly agreed to a demand for a discovery deadline extension requested by the US SEC.
Justin Sun Urges Coinbase to Implement PoR Post-cbBTC Launch
By Godfrey Benjamin
September 18th, 2024
Coinbase has received fresh calls from Justin Sun to publish the PoR for its cbBTC as other exchanges are doing.
Coinbase’s cbBTC Surges to $100M 24 Hours after Launch, Defying Criticism from Justin Sun
By Leon Okwatch
September 13th, 2024
The introduction of cbBTC marks a significant step for Bitcoin holders looking to explore DeFi without needing to convert their holdings into other cryptocurrencies.
Coinbase Global Inc (NASDAQ: COIN) is one of the largest cryptocurrency exchanges in the world and, consequently, an important player in the crypto market. By focusing on creating a user-friendly service that makes it easy for crypto enthusiasts to buy and use digital assets, Coinbase has grown into a publicly listed company, serving several million active users in more than 100 countries. The exchange has successfully attracted more users by offering services catering to retail and institutional clientele alike.
The heavy focus Cooinbase puts on regulatory compliance reveals that the exchange was one of the first major crypto trading platforms to receive operational green light from the United States Securities and Exchange Commission (SEC). Besides, its focus on compliance with regulations extends to its method of choosing new assets to list on its platform.
Every cryptocurrency available to users on Coinbase undergoes thorough scrutiny to ensure that the asset meets all legal and security standards set by the exchange. The rigorous vetting process on Coinbase helps the platform maintain trust among users and regulators alike, especially since the crypto landscape is volatile.
Through partnerships and acquisition efforts, Coinbase is still expanding globally. The exchange pushes jurisdictional boundaries by creating localized products in each market and engaging local regulators to ensure smooth operations. Coinbase also offers features specific to decentralized finance (DeFi), such as staking and yield farming, and enables easy access to advanced features as it supports widespread crypto adoption.
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FAQ on Coinbase News
Is Coinbase safe?
Coinbase is one of the largest cryptocurrency exchanges in the world, a reputation it earned by implementing robust safety and security measures.
What cryptocurrencies are available on Coinbase?
Coinbase users enjoy access to a wide range of crypto assets, including large-cap options like Bitcoin BTC $61 909 24h volatility: 0.7% Market cap: $1.22 T Vol. 24h: $27.61 B , Ether [coin_data_widget ticker=”ETH”, and Litecoin [coin_data_widget ticker=”LTC”. The exchange also periodically adds new coins that successfully pass its vetting process.
Does Coinbase support DeFi?
Yes. Users can participate in decentralized finance activities, such as staking and yield-farming.
How does Coinbase ensure regulatory compliance?
Coinbase maintains a close relationship with several regulators in all its operating regions. Continuous engagement with authorities guides Coinbase as it enters new markets and launches products in existing ones.
What is the difference between Coinbase and Coinbase Pro?
While Coinbase has a simple user interface dedicated to retail users, Coinbase Pro is a more advanced version with expert-level trading tools for professional users.
