
July 5th, 2025
Coinbase IPO success will be a huge success to the entire crypto industry, as other crypto firms are expected to follow suit.
Interestingly, Coinbase co-founder and board member Fred Ehrsam is a former trader at Goldman Sachs.
Earlier, Coinbase was considering going public through a direct listing as opposed to the traditional IPO. But at that time it didn’t file with the SEC.
The funding from American Express Ventures as well as the other FalconX investors will help position the company to tap into the potential opportunities in the space in 2021.
According to the official announcement, Polkastarter 1.0 Beta has gone live on the Ethereum mainnet.
Bitso hopes to utilize the newly acquired funds to expand its operations by setting up an office in Brazil.
MEW has become the first Ethereum wallet to announced staking with the PoS Ethereum 2.0. The service launch comes in partnership with Staked who will be running validator nodes on behalf of MEW.
Circle CEO Jeremy Allaire said that the creation of a central bank digital currency (CBDC) would not crowd out stablecoin.
The listing of these new tokens is a testament to Coinbase Custody’s plans to provide support for more assets for the benefit of its over 300 institutional clients.
Coinbase CEO Brian Armstrong also explained the reverse effects of the rumored regulation.
Acknowledging that the guidance is necessary for protecting customers in the US, Coinbase added that the company hopes to help the commission achieve the goal.
On Monday, the Coinbase crypto exchange faced multiple outages as investors rush for Bitcoin gathered steam with BTC price hitting its new 2020-high above $16,800 levels.
PayPal said that it will be informing all of its US customers via email and push notifications. Citing high customer demand, PayPal has increased the weekly crypto purchase limit from $10,000 to $20,000.
Over the past months, Coinbase has revealed plans to list new coins on its platform. Many of them are already listed, while some are yet to be listed on the exchange platform.
Paxful said that the goal with the cryptocurrency Visa debit cards is to bring traditional financial services to the “unbanked” or the “underbanked”. The crypto debit card will be useful to all merchant locations and ATMs worldwide.