Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder. The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a ‘terrible’ move by the country’s regulators. Armstrong made the comments in a Feb. 9 Twitter…
392 ViewsCoinbase stock has fallen to an all-time low of $32.40 per share, dropping 6% over the past five days. America’s largest crypto exchange is ending the year on a sad note amid falling revenues and profits. It has been a brutal 2022 for Coinbase investors, with the company’s stock falling almost 87% over the year…
397 ViewsCoinbase has called on users to convert their Tether (USDT) stablecoins to USDC – the stablecoin it co-founded – with zeroing exchange fees. The move follows a battle of words between Tether and some media outlets. “Now more than ever, stability and trust are of the utmost importance to customers,” Coinbase stated in an official…
350 ViewsCrypto exchange Coinbase has disabled NFT transfers on its iOS wallet app because of a dispute with Apple over the company’s in-app purchase policy. The exchange said Apple is demanding it pay a 30% tax on gas fees used to transfer NFTs. Crypto exchange Coinbase announced that users can no longer transfer NFTs using Coinbase’s…
348 ViewsCoinbase Wallet will no longer support the native tokens associated with Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple’s XRP Ledger (XRP), and Stellar (XLM), starting Dec.5, citing “low usage” as its reason for no longer supporting those tokens. According to a Nov. 29 notice on the crypto exchange’s website, Coinbase said its wallet will no…
339 ViewsA Coinbase survey revealed that crypto winter affected investors’ sentiment not as bad as expected. Thus, 58% of investors in the survey expect to increase allocations over the next three years. The 2022 Digital Assets Outlook Survey found that 62% of investors who are currently invested in crypto increased their allocations in the past 12…
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