Coinbase (COIN) Has Recently Held Talks to Buy FTX Europe: Fortune

Derivatives, which are financial contracts that derive their value from an underlying asset such as bitcoin (BTC), can be lucrative for both traders and the exchanges that serve them. FTX Europe, like other European exchanges, offered a range of derivatives products, but it also was the only firm with a license to offer perpetual futures, […]

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Coinbase’s (COIN) Base Hits Record High for Daily Transactions, Eclipsing Rivals Arbitrum (ARB), Optimism (OP)

“Interestingly, it is not decentralized finance (DeFi) applications nor non-fungible token (NFT) marketplaces driving the surge in Base’s activity. Instead, a significant portion of usage can be attributed to a new social application, FriendTech,” said Lucas Outumuro, head of research at IntoTheBlock.

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The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase

“Bitcoin is not only a technologically innovative instrument but a financially innovative one,” the note said, and what distinguishes BTC as a financially innovative instrument is that it is a “globally accessible, decentralized supranational asset with a fixed supply.”

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Coinbase Launches Own Blockchain as Sleuths Scour PayPal’s Stablecoin Software

Decentralized finance or DeFi ecosystems are still suffering through crypto winter, according to the analysis firm Messari. As a whole, the industry’s total value locked, or TVL – a key metric that represents collateral and deposits put into blockchain protocols – has been declining. On Ethereum, by far the biggest DeFi ecosystem, TVL dropped by […]

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Coinbase Sets Public Launch of ‘Base’ Layer 2 Blockchain for Next Week

“Since we announced Base, our mission has been clear and consistent: bring the next billion users and next million builders on chain,” Jesse Pollak, the creator of Base and head of protocols at Coinbase, said in a press release sent to CoinDesk. “Today, we’re thrilled to announce our next step in that journey.”

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Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin

Crypto exchange Coinbase is pausing its retail staking service in California, New Jersey, South Carolina and Wisconsin after those states said they would require changes to those services while its proceedings against such staking services move forward. Crypto staked before the orders were issued will remain unaffected.

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