2,795 BTC Transferred From Unknown Wallet to Coinbase
2,795 BTC (75,029,955 USD) transferred from unknown wallet to Coinbase.
Coinbase: An Issue Where Some Users Were Unable to Generate Deposit Addresses for BIGTIME Has Been Resolved
Coinbase announced that the issue of some users being unable to generate deposit addresses for BIGTIME has been resolved. Coinbase stated that once liquidity conditions are met, trading is expected to begin soon.
NASAA Supports SEC in Lawsuit Against Coinbase Over Crypto Securities
The North American Securities Administrators Association (NASAA) has backed the Securities and Exchange Commission (SEC) in its legal action against Coinbase. NASAA, a non-profit group representing state and provincial securities regulators in the US, Canada, and Mexico, said it had a "strong interest" in the case.
Coinbase: USDC Deposits and Withdrawals on Polygon Have Been Supported
October 11th, Coinbase Assets tweeted that Coinbase now supports deposits and withdrawals of USDC on Polygon. USDC deposits on Polygon are now open, and all bridged withdrawals will be converted to local withdrawals around 3am Beijing time on October 13th.Previously, native USDC had been launched on the Polygon PoS mainnet. With the addition of Polygon PoS, native USDC is now circulating on 15 different blockchain networks.
Coinbase Director: Alameda Once Minted 39.55 Billion USDT, Accounting for 47% of the Current Circulating Supply
October 10th, Coinbase executive Conor Grogan stated on social media that on-chain data shows Alameda has minted 39.55 billion USDT, which accounts for 47% of the current circulating supply of USDT.
A previous report by Protoss estimated this number to be around 36.7 billion US dollars, but Conor Grogan updated the data with the discovery of additional wallets.
Coinbase executive: On-chain data shows Alameda responsible for minting $39.55 billion USDT
Coinbase executive Conor revealed on social media that blockchain data shows Alameda is responsible for the issuance of 39.55 billion USDT, which accounts for 47% of Tether's current circulating supply. It is reported that a previous report by Protoss estimated this number to be around 36.7 billion US dollars.
Coinbase Chief Legal Officer: Looking Forward to Working With the Bankruptcy Court to Resolve the Issue of Celsius Customer Digital Asset Distribution
September 26th, Coinbase's Chief Legal Officer Paul Grewal responded to the "US SEC's opposition to Celsius' plan to distribute digital assets to customers through Coinbase," stating that Coinbase is proud to work with Celsius to distribute cryptocurrencies to customers and does not understand why the SEC opposes a US listed company taking on this role.
Coinbase has registered with the Bank of Spain to provide trading and custody services in the country
According to CoinDesk, cryptocurrency exchange platform Coinbase announced that it has registered with the Central Bank of Spain to provide trading and custody services in the country. Registering in Spain is a mandatory step for providing cryptocurrency-related services, and registered companies must comply with the country's anti-money laundering standards.
SEC Objects to Celsius Network’s Plan to Distribute Digital Assets to Customers via Coinbase
X platform user *Walter Bloomberg wrote: "The SEC filed a document objecting to Celsius Network's plan to distribute digital assets to customers through Coinbase. Celsius applied for bankruptcy more than a year ago and will seek bankruptcy court approval for its restructuring plan in the coming weeks. According to Celsius' proposed restructuring plan, Coinbase will provide brokerage and primary trading services for Celsius, engaging in activities that have led to regulatory litigation, which is still ongoing."
Vitalik Buterin's Strategic Cryptocurrency Moves Amid Market Uncertainty
Vitalik Buterin, co-founder of Ethereum, has deposited 400 ETH (equivalent to $0.63 million) into Coinbase, sparking speculation about his intentions and strategies in the volatile cryptocurrency market. Recent transactions involving his ETH holdings have added to the intrigue surrounding his movements.
