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In BITCOIN

Crypto Market Braces for Transformation as Michael Saylor Urges Overhaul of Exchanges

The cryptocurrency market is poised for a seismic shift as prominent figures like Michael Saylor, CEO of MicroStrategy, voice their opinions on the future of crypto exchanges. Saylor’s recent interview on CNBC sent shockwaves through the industry, emphasizing the imminent need for an extensive makeover within the sector. As Bitcoin asserts its dominance as the most secure network, other cryptocurrencies and digital assets find themselves under a metaphorical black cloud, potentially facing regulation or even…

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coinbase
In Crypto News

Coinbase to Remove Trading Pairs to Consolidate Liquidity

Coinbase has announced its decision to remove several trading pairs for certain supported assets in a move to consolidate liquidity. The changes are set to take effect on or around 9 AM PT on May 23, 2023 Coinbase has decided to remove several trading pairs associated with certain supported assets. The affected trading pairs that will be removed from Coinbase’s platform include:- ASM-USDT- ATA-USDT- DESO-EUR- FORT-USDT- FORTH-GBP- MCO2-USDT- XYO-BTC https://twitter.com/CoinbaseExch/status/1660674437484630016

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bitcoin
In BITCOIN

Massive Bitcoin Transfer To Coinbase 10,000 BTC Almost $267 Million

In a recent development that has caught the attention of the crypto community, an address transferred a staggering 10,000 BTC (Bitcoin) to Coinbase, one of the leading cryptocurrency exchanges. The transaction, which amounts to approximately $267 million based on current market prices. Crypto traders are in fear as this may lead to another dump as bitcoin is sliding below $27k already and is just trading below it. This eye-catching transfer took place on May 12…

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uniswap
In Crypto News

Contributors Working Towards Launching Uniswap on Coinbase’s Layer 2 Base Network

Uniswap, the decentralized exchange (DEX) that has gained significant popularity in the world of decentralized finance (DeFi), is set to make a major advancement. Contributors to Uniswap are actively working to launch the DEX on Coinbase’s Layer 2 Base network. This strategic move aims to provide Uniswap users with lower fees and faster transactions, enhancing the overall experience for the DeFi community. Uniswap’s Expansion onto Coinbase’s Layer 2 Base Network Uniswap’s integration with Coinbase’s Layer…

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coinbase
In Crypto News

Berenberg Analyst Predicts SEC Enforcement Action Against Coinbase

The cryptocurrency industry has been buzzing with speculation after Berenberg analyst Mark Palmer released a research report on Monday, suggesting that Coinbase (COIN) could soon face enforcement action from the Securities and Exchange Commission (SEC). Palmer anticipates that the SEC will sue Coinbase for its trading and staking services related to tokens other than bitcoin (BTC), as well as for earning interest on USD Coin (USDC). SEC’s Potential Lawsuit and Revenue Streams Palmer estimates that…

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crypto scam
In Crypto News

Former product manager at Coinbase has been sentenced to prison

Ishan Wahi, a former product manager at Coinbase Global Inc, has been sentenced to two years in prison for insider trading in the United States. This is the first insider trading case involving cryptocurrency, according to U.S. prosecutors Wahi was arrested in July 2022 and charged with wire fraud and insider trading for feeding his brother and another man insider information about upcoming crypto listings. From June 2021 to April 2022, authorities say the men made over $1 million trading…

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