Tag: Coinbase

Deciphering Coinbase’s Bitcoin Drain: Whales on the Move in Billion-Dollar Transfer

Coinbase Exchange has experienced a significant depletion in Bitcoin reserves, highlighting the movements of crypto whales. Some analysts posit that the whales might...

Coinbase Cloud Enhances Ethereum Staking: Diversifying Client Usage

Coinbase Cloud has introduced notable improvements to its Ethereum staking service. The impact of this bug underscored the risks of overreliance on a...

Coinbase and Yellow Card Driving Digital Asset Adoption

Coinbase has sought after Yellow, a renowned African fintech company, to extend its reach within Africa's ecosystem. Coinbase will offer a more...

Key takeaways from the Coingecko 2023 Q2 crypto industry report

The average trading volume declined 58.7 percent, from US$33.4 billion in the first quarter to US$13.8 billion in the second quarter. Bitcoin experienced...

A new crypto exchange EDX Markets launched

A new crypto exchange backed by firms including Fidelity Digital Assets, Charles Schwab Corp. and Citadel Securities has confirmed that it has gone live. This launch could reshape the digital-asset landscape amid heightened regulation and scrutiny of the cryptocurrency sector. EDX Markets is a new crypto exchange designed to meet both the needs of native digital assets firms and the largest financial institutions globally. The creators of EDX intended to enable faster, safer, and more efficient cryptocurrency trading, leveraging best practices from traditional financial markets on a purpose-built platform.

Binance wins court case against US SEC’s demand to shutdown operations

On Friday, June 17, the Binance exchange and the US SEC agreed to avert the SEC demand on the exchange's temporary shutdown within...

Far-reaching effects of aggressive crypto market regulation

The spectacular rise of the cryptocurrency industry has presented a fresh challenge for financial regulators. Some researchers and policymakers have warned the overly aggressive crypto market regulation might clutter the promising new financial asset class. Others have indicated that businesses could flee the jurisdictions whose regulations they consider ‘anti-crypto’ to the less regulated jurisdictions. Moreover, some have suggested that crypto regulatory actions will inspire market activity by offering clarity to participants.

Recovery is in sight for the crypto industry in 2023

Of course, one of the exciting (if not frustrating) things about crypto remains its unpredictable nature. The foregoing provides a general overview of the crypto industry in 2023 (based on current trends). Nevertheless, it is almost certain that 2023 will also throw up more than a few surprises.

Google Cloud partners with Coinbase to launch crypto payments service to its cloud functionalities

A recent announcement revealed plans for a strategic partnership between Google Cloud and Coinbase The crypto payment services will only be available to...

The recent crypto slump and the tough lessons on custody and control

The volatility highlighted by the recent crypto slump has had real-world effects, and the lessons gained serve as a reminder of why investors should...

Backed by Coinbase and FTX, MARA eyes continental prospects

The popularity of cryptocurrencies in Sub-Saharan Africa, especially among the youth, cannot be underestimated. According to Chainalysis, the region's cryptocurrency use increased 1,200% last year,...