Coinbase to Launch Base Layer-2 for Public Access
The cryptocurrency exchange Coinbase will open access to its Base layer-2 platform to the general public on August 9. As stated by Jesse Pollak, the protocols lead at Coinbase, “Base’s bridging functionality is up and running, and the mainnet will be open to everyone by August 9.” Thanks to the recently constructed bridge, users can […]
Coinbase CEO Says SEC Wanted All Assets Except Bitcoin Delisted
The regulator reportedly wanted Coinbase to cease trading all cryptocurrencies except Bitcoin before its legal action against the exchange. The exchange was instructed to stop all cryptocurrency trading activities other than Bitcoin (BTC) by the US Securities and Exchange Commission (SEC). Brian Armstrong, the CEO of the San Francisco-based cryptocurrency exchange Coinbase, is quoted in […]
Coinbase CEO Tells Americans to Urge Reps to Vote ‘Yes’ on FIT21
The CEO of Coinbase, Brian Armstrong, has implored U.S. citizens to contact their representatives via email and urge them to vote “yes” on the Financial Innovation and Technology for the 21st Century Act (FIT21), which could provide regulatory clarity for cryptocurrencies. On July 26, lawmakers approved FIT21 and the Blockchain Regulatory Certainty Act through a […]
Coinbase to close down Coinbase Borrow by November
Coinbase Borrow has given clients who already have loans until November 20, 2023, to pay back their debts. The most centralized cryptocurrency exchange in the United States, Coinbase, has announced that Coinbase Borrow, its lending service, is closing down.Prior to this scheme, users could obtain fiat loans through it for up to $1 million, leveraging […]
Coinbase Suspends Staking Services in Four US States
The US-based cryptocurrency exchange Coinbase has said it will temporarily bar consumers from staking new assets in four jurisdictions. Users in California, New Jersey, South Carolina , and Wisconsin will be able to access specific staking services further notice, according to a blog post published by Coinbase on July 14. Regulatory agencies in 10 U.S. […]