Breaking: Coinbase to suspend USDT trading for Canadian users

    Users will still be able to deposit and withdraw USDT, DAI and RAI after the deadline, but trading will be suspended. Cryptocurrency exchange Coinbase will suspend trading of the Tether, Dai, and RAI stablecoins for Canadian users beginning Aug. 31. In an Aug. 17 email notice to users, Coinbase said, ”We regularly monitor the assets…

    19% of New Yorkers own cryptocurrency: Coinbase report

    Coinbase highlighted that there are 692 blockchain organizations and more than 800 founders in New York. A Coinbase report series highlighting crypto innovation at the state level in the United States has recently published its fourth edition, which features New York. The report highlighted various milestones the state reached regarding crypto adoption. Within the report,…

    Base network has officially launched: Here’s how it can be used

    Coinbase’s Base network completed its phased launch on Aug. 9 and is officially open to end-users. Coinbase’s Base network has officially launched after spending a few weeks in an “open for builders only” phase. The network is now ready to onboard users, according to an Aug. 9 announcement from the team. Several Web3 development teams…

    Coinbase earnings show the company is now much more than just an exchange

    The Coinbase earnings report shows that services and subscriptions are the exchange’s core revenue streams. Is this a positive or a negative? Coinbase, a leading U.S. cryptocurrency exchange, shared its second-quarter results on Aug. 3. Despite showing a net loss, some positives emerged, like a 13% cut in operating expenses from the last quarter and…

    Base launches mainnet bridge UI for end users, sets Aug. 9 for official launch

    Coinbase’s Base network began onboarding end users through a bridge UI, and the team announced Aug. 9 as the platform’s official launch date. Coinbase’s Base network has released a user interface (UI) for its official bridge, allowing end users to onboard for the first time without relying on developer tools, according to an Aug. 3…

    Coinbase CEO says SEC told it to delist everything but Bitcoin: Report

    Brian Armstrong claimed SEC staff said all cryptocurrencies but Bitcoin are securities and requested the exchange delist all other cryptocurrencies. Crypto exchange Coinbase was once told by the United State securities regulator to delist all cryptocurrencies on its platform except for Bitcoin, according to CEO Brian Armstrong. In a July 31 interview with the Financial Times, Armstrong revealed…