Coinbase Deal Backs US Govt’s $2B BTC Transfer-Analyst
According to Bloomberg analyst, the US government’s $2B BTC transfer has sparked discussions, saying a potential Coinbase deal is the reason. James Seyffart, a senior ETF analyst at Bloomberg, has sparked speculation that the US government’s recent Bitcoin transfer may have resulted from a prospective Coinbase deal. Arkham Intelligence reported that the United States government […]
Coinbase Layer 2 Base Sets Ecosystem Upgrade For More Devs
Coinbase Layer 2 Base has plans to increase its gas target for users from 9.375Mgas/second to 10Mgas/second at double digits. Base , an Ethereum layer 2 network, has disclosed its intention to augment its gas target in light of its prior accomplishments. The exodus enhancement will encourage developers to construct the network and foster innovation. […]
BitFlyer to Launch Custody Services After FTX Japan Buyout
BitFlyer has finalized its acquisition of FTX’s Japanese division, purchasing all outstanding shares of FTX Japan. The parent company of the self-titled cryptocurrency exchange, Bitflyer, with its headquarters in Tokyo, announced that it has successfully acquired FTX’s Japanese branch, purchasing all of the firm’s outstanding shares. BitFlyer announced plans to incorporate FTX Japan into its […]
Coinbase Adds New Directors To Its Board
While one of the new Coinbase directors has a wealth of experience in the management consulting industry, the other two have previously served under US presidents. Coinbase has expanded its board of directors with three new members, including a top OpenAI executive who once served as a political strategist for US President Bill Clinton in […]
Senator Withdraws Support for Warren’s Anti-crypto Bill
Senator Roger Marshall withdraws support for Elizabeth Warren’s anti-crypto bill. Republican Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act, a controversial anti-crypto bill that he co-authored with Democrat Senator Elizabeth Warren in 2022. According to the official Congress directory regarding the legislation, Marshall withdrew his support as a “cosponsor” […]