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Coinbase CEO: Cryptocurrency Lobbying Needs To Be Stepped Up Ahead of 2024 U.S. Presidential Election

Coinbase CEO Brian Armstrong has stated that the US-based cryptocurrency company is facing an "unfair" regulatory environment, with certain government officials making it difficult for the cryptocurrency industry to thrive. Before the upcoming 2024 US presidential election, there is a need to strengthen cryptocurrency lobbying efforts.

Coinbase Chief Legal Officer: The Possibility of Base Issuing Tokens Has Not Been Completely Ruled Out

September 22nd, according to Decrypt's report, at the annual summit Mainnet 2023 hosted by Messari, Coinbase's Chief Legal Officer Paul Grewal responded to the question of "whether Base will have a token" in an interview, stating: "We have not completely ruled out this possibility, I think tokens may be feasible at some point in the future. But now we are not focusing on the economics and tokenization of the protocol. Regulatory clarity is also very important."

Coinbase to Focus "Stand with Crypto" Campaign on Swing States with Pro-Crypto Voters

Coinbase has announced that it will focus its "Stand with Crypto" campaign on nine US states, including four "swing states" where voters are less likely to choose anti-crypto presidential candidates. The four swing states are New Hampshire, Nevada, Ohio, and Pennsylvania, where over half of voters stated that they would be less likely to vote for candidates who oppose crypto and Web3.

Coinbase CEO urges DeFi protocols to consider legal action against CFTC enforcement actions

Coinbase CEO Brian Armstrong has shown his support for decentralized finance (DeFi) protocols and suggested that they take legal action to set a precedent. He believes that the current approach of the United States Commodities and Futures Trading Commission (CFTC) is pushing the industry towards overseas jurisdictions.

Cathie Wood: Coinbase’s Integration With Lightning Network May Reach 100 Million Users

Coinbase CEO Brian Armstrong announced that the platform has decided to integrate the Lightning Network. Cathie Wood, founder of Ark Invest, wrote on social media that Bitcoin is the world's digital currency system and the Lightning Network is its payment layer.

Coinbase CEO: Decided To Integrate Lightning Network

Coinbase CEO Brian Armstrong announced on social media that they have decided to integrate the Lightning Network. Bitcoin is the most important asset in cryptocurrency, and we are happy to contribute to achieving faster/cheaper bitcoin transactions. The integration will take some time, so please be patient.

2.2 Million Uniswap Native Tokens UNI Were Transferred to Coinbase, Worth Over $9 Million

According to the latest data from Whale Alert, at around 8:54 am on September 12th Beijing time, an address starting with "0xcd53" transferred 2.2 million Uniswap native tokens UNI to the cryptocurrency exchange Coinbase on the Ethereum blockchain, worth approximately $9,053,671.

Nearly $35M Worth of ETH Transferred to Coinbase

According to Whale Alert monitoring, at 13:14:11 Beijing time, 21,410 ETH (worth $34,983,372) was transferred from an unknown wallet address to Coinbase.

Brevan Howard Digital Transferred 750,000 LDO to Binance and Coinbase in the Past Three Days

According to Spot On Chain monitoring, Brevan Howard Digital (formerly Dragonfly Capital's hedge fund Liquid Opportunities) transferred 750,000 LDO (approximately $1.18 million) to Binance and Coinbase Custody at an average price of $1.57 over the past 3 days. The VC's last deposit of LDO to CEX was on May 17th at an average price of $2.28. Currently, Brevan Howard Digital still holds 7.08 million LDO (approximately $10.8 million).

Coinbase Plans To Focus on 6 Markets Outside the United States in the Short Term, Including the European Union, the United Kingdom, and Singapore.

Coinbase plans to focus on several countries outside the United States in the short term, as the cryptocurrency laws in these countries are relatively clearer. Specifically, Coinbase will focus on expanding in the following six markets: the European Union, the United Kingdom, Canada, Brazil, Singapore, and Australia.