Ethereum Outflow From Coinbase Tops 300K ETH, Price Rally?
Ethereum has had the largest year-to-date outflows from Coinbase, reaching 336K ETH worth over $1 billion. This suggests price increases. Today, June 12, Ethereum, the second largest cryptocurrency by global market cap, has again become the topic of conversation in the crypto community. The token recently documented the withdrawal of more than 300,000 coins from Coinbase, […]
Coinbase Proposes New Metric to Combat Airdrop-Related Distortions
A new metric called the h-index has been introduced by crypto exchange Coinbase to counter biases in tracking on-chain adoption brought about by airdrop-related activity. The publicly traded U.S. cryptocurrency exchange Coinbase, best known for creating Base, a layer-2 Ethereum solution, has unveiled a new metric that it claims would give a more precise indication […]
Coinbase CEO Dumps $5.3M COIN Stock Before Meeting
Brian Armstrong, Coinbase CEO, has sold over $5 million COIN stock ahead of the upcoming stockholders meeting next week. CEO Brian Armstrong of Coinbase Global, Inc. received some attention for transferring some of his company shares. According to reports, the CEO of Coinbase has recently sold $5.3 million in COIN stock. Furthermore, this action is a […]
Coinbase Unveils ‘Smart Wallets’ to Simplify Crypto Onboarding
Coinbase’s new “smart wallets” aim to onboard over one billion users by simplifying blockchain activities with gasless transactions and multi-chain support. Coinbase has implemented “smart wallets” to simplify the process of participating in blockchain activities by eradicating the high fees and intricate procedures that are typically associated with conventional crypto wallets. Through multi-chain support and […]
Coinbase Files Closing Brief in SEC Rulemaking Denial Lawsuit
Coinbase’s closing brief in the Third Circuit challenges the US SEC’s denial of the CEX’s Web3 regulation petition. Coinbase, a prominent cryptocurrency exchange, has filed its closing brief in a legal action challenging the Securities and Exchange Commission (SEC). The legal dispute revolves around the SEC’s rejection of Coinbase’s rulemaking petition, which the exchange contends is […]