Coinbase presented a petition to the SEC that underlines why staking cannot be classified as securities in every circumstance. The cryptocurrency exchange Coinbase seems to have decided to engage proactively in crypto staking, which has recently drawn the authorities’ attention. This indicates that...
Coinbase cryptocurrency exchange has told its customers that Signature Bank’s Signet payments solution will be suspended until further notice. Following the recent shutdown of Signature Bank, Brian Armstrong’s Coinbase crypto exchange has made it clear to its customers that Signet, the former’s real-time...
Reports indicate that a hacker has sent gas to about 2,400 crypto wallets in preparation for the upcoming Arbitrum ARB airdrop. Phishing, scamming, and exploitation activities have always surged in crypto, especially during airdrops. Incoming reports indicate that a hacker’s wallet has been...
According to research from Coinbase and CES Insights, the U.S. government has taken swift steps to avert a system-wide bank run among mid-tier banks after the failure of Silicon Valley Bank (SVB) and Silvergate. Once First Republic Bank secured $30 billion in backing...
Decentralized finance (DeFi) analytics platform DefiLlama has resolved an internal conflict that threatened to result in a “forking” of the platform. The issue was first raised by developer 0xngmi, who claimed on Twitter on March 19 that DefiLlama was “undergoing a hostile takeover”...
Stables, an Australian cryptocurrency wallet, has launched an innovative partnership with Mastercard to provide the first stablecoin-only wallet with a payment card for daily spending in Asia. Customers can exchange their stablecoins for U.S. dollars or other fiat currencies and use those funds...
Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the USD Coin (USDC) stablecoin, in an effort to bring the stablecoin back to its $1 peg. The latest development comes after USDC lost its peg...
The maker (MKR) token dropped 26% in value within a week following the news of an emergency proposal to address the DeFi protocol’s $3.1 billion USDC exposure, raising concerns among investors and stakeholders. MakerDAO, the decentralized finance (DeFi) protocol behind the Maker (MKR)...
Non-custodial crypto wallet Trust Wallet has partnered with Coinpanda, Koinly, and Cointracker to offer users a crypto tax reporting feature. Trust Wallet will be integrated into the three platforms to provide a cost-effective and convenient way to generate tax reports. This allows crypto users on decentralized and centralized platforms...
In a live chat with Rutherford Atayobo, the chief operating officer (COO) of SinVerse, a blockchain-based metaverse game with an R-Rated Mafia theme, we discussed the state of the metaverse and gaming. SinVerse is a metaverse game in web3 that offers an immersive and...