The biggest U.S.-based digital asset trading platform, Coinbase, recently stated that it will be stopping trading in six cryptocurrencies. According to the results of the March internal review conducted by the exchange, this is the case. For the record, Coinbase has recently tweeted that it conducts frequent reviews of the
In order to make signing up for Coinbase simpler for Singaporean users, the company has implemented free bank transfers and Singpass integration. In order to facilitate trade in more than 200 different cryptocurrencies, the exchange has enhanced both its Help Centre and Coinbase Learning educational resources. According to a March
Silicon Valley Bank (SVB), which had connections to big-shot international technology firms and venture capital, failed on 10th March due to one of the oldest issues in banking. Also, the startling collapse of Silicon Valley Bank and Signature Bank, which were affected by SVB, continued the wave in the U.S.
Since the U.S. Securities and Exchange Commission needs to focus on effective regulations and recommendations relating to securities, rather than erroneous securities cases, Coinbase has submitted an amicus brief in the SEC v. Wahi insider trading case urging the court to dismiss the complaint. According to a tweet sent by
Many cryptocurrency firms announced on Twitter if they were impacted by the government suspension of crypto-friendly Signature Bank, which emerged as the latest institution to fall after a spate of bank collapses late Sunday. In yet another blow, the Federal Reserve, the United States Treasury, and the Federal Deposit Insurance
A month after U.S. authorities clamped down on similar offerings. Coinbase informed customers Monday that it is revising the terms and conditions of its staking service. In an email to customers on Friday. the largest cryptocurrency exchange in the United States confirmed the continuation of staking. And emphasized that clients
According to a transaction report provided to investors, prominent growth investor Cathie Wood’s Ark Invest purchased more shares of cryptocurrency exchange Coinbase (COIN) on Thursday than it had in all of January. More than 350,000 Coinbase shares were purchased in a single day by the company, making it the largest
On Wednesday, Coinbase introduced a new service. That it claims would make Web3 technology more accessible for businesses and individuals by streamlining digital wallets. Wallet as a Service is a suite of programming tools. That enables businesses to incorporate their branded digital wallets into their own applications. As stated, Coinbase’s
Ark Investment raised its Coinbase and Robinhood stock positions yesterday. In a transaction confirmation email, the business said that its flagship Ark Innovation ETF had purchased 47,568 Coinbase shares, while it’s Ark Next Generation Internet ETF had acquired 8,031. Moreover, 1.06 million Robinhood shares were bought by the latter fund.
After making significant acquisitions in February, Ark Invest, an investment management business managed by Cathie Wood, continued its purchasing binge in March, adding additional Coinbase shares to its portfolio. Having just released Base, an Ethereum Layer-2 blockchain, and having purchased One River Digital Asset Management, investors are looking favorably on
