Coinbase Commerce Launches Instant Crypto Settlements
Providing merchants and consumers with instant, low-cost settlements, the on-chain payments protocol on Coinbase mitigates crypto volatility. Thursday, November 16th, the cryptocurrency exchange Coinbase introduced the Onchain Payment Protocol, an open-source solution designed to enhance the Coinbase Commerce user experience. Improving Coinbase Commerce User Experience Recent progress represents a critical milestone in Coinbase’s mission to […]
South Korea’s National Pension Service Invests in Coinbase
Aside from direct crypto investments, the National Pension Service has made substantial investments in cryptocurrency firms such as Coinbase. With the maturation of the cryptocurrency industry, government institutions have begun to investigate opportunities with cryptocurrency firms. According to the most recent announcement, National Pension Service, the largest investment group in South Korea, purchased Coinbase (NASDAQ: […]
Coinbase Ceases pUSDC Withdrawals
Coinbase has discontinued pUSDC withdrawals on Polygon; however, users can still deposit and withdraw USDC. On October 12, 2023, Coinbase, one of the most prominent cryptocurrency exchanges, announced that it would no longer support withdrawals of pUSDC, the wrapped variant of USDC on the Polygon network. However, pUSDC deposits will continue to be accepted, and […]
Coinbase Obtains MPI License From MAS Singapore
Coinbase’s acquisition of the MPI license in Singapore is a key accomplishment that will significantly boost the country’s Web3 market. In a significant development, the Monetary Authority of Singapore (MAS), the country’s central bank, issued Coinbase the Major Payment Institution (MPI) license. This occurs at a time when Singapore’s crypto regulatory developments are in full […]
Vitalik Buterin’s Wallet Tranfers 400 ETH to Coinbase
A wallet associated with Ethereum co-founder Vitalik Buterin was detected transmitting 400 ETH to Coinbase, worth approximately $600,000. Blockchain sleuths have identified several Ether transactions. In September 2023, transactions from a wallet associated with Ethereum co-founder Vitalik Buterin totaled over $3.9 million. Separate blockchain monitoring profiles disclosed on September 25 the details of a 400 ETH […]