Coinbase asserts Apple halted wallet app release over gas prices
According to the platform, Apple requested that Coinbase Wallet prohibit NFT transactions in order to introduce new restrictions to safeguard corporate revenues at the expense of user investment in NFTs. According to Coinbase’s self-custody cryptocurrency wallet, Apple’s intervention has made it impossible for customers to send nonfungible tokens or NFTs. On December 1, Coinbase Wallet […]
What NFTs are tradable on Coinbase?
Although relatively new, the Coinbase NFTs marketplace is a notable place for buying and selling NFTs. In this post, we will examine some of the NFT assets that may be traded on this marketplace. An NFT stands for a non-fungible token. Non-fungible tokens are blockchain-based digital assets that represent tangible items such as pieces of […]
FTX Collapse Affects Coinbase and MicroStrategy Bonds
One investor said that high bond yields are a sign of both sharply higher interest rates and institutional investors’ real doubts about how crypto will work in the long run. Bonds issued by Coinbase (COIN), a cryptocurrency exchange, and MicroStrategy (MSTR), a business intelligence company that invests in bitcoin and is also a bitcoin investor, […]
Cathie Wood’s ARK Adds $12.1M In Coinbase Shares
Soon after FTX’s liquidity problems were made public and Coinbase said it had “little exposure” to the problematic trading platform. The Cathie Wood-led Ark Investments has increased its Coinbase stock holdings amid the turmoil on the FTX and cryptocurrency markets by purchasing 237,675 Coinbase shares on November 9 for about $12.1 million. Ark Investment Management […]
Coinbase CEO blames SEC for no regulatory clarity following FTX issue
Brain Armstrong, the CEO of Coinbase, speaking on the effect the FTX liquidity issue is having on American investors, blames the Securities and exchange commission (SEC) for not providing regulatory guidance. While the cryptocurrency exchange anxiously searches for investors, the FTX liquidity issue continues to worsen. The present issue has caught the attention of regulators […]