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Coinbase Adds PayPal Stablecoin PYUSD to Listing Plans

According to official sources, Coinbase has added PayPal USD (PYUSD) to its list of coins to be listed. It is reported that Coinbase has decided to list the assets that have already been decided to be listed in advance to improve asset transparency and move them to the roadmap.

Coinbase in talks with Canadian banking giant to promote cryptocurrency

Coinbase, a cryptocurrency exchange headquartered in the United States, is in talks with Canadian banking giants in an attempt to persuade them to support the country's cryptocurrency ecosystem. Lucas Matheson, Coinbase's Canadian director, stated in an interview with CoinDesk that he has been in talks with top Canadian banks, without disclosing their names, but the "Big Five" Canadian banks are Royal Bank of Canada, Toronto-Dominion Bank, Scotiabank, Bank of Montreal, and Canadian Imperial Bank of Commerce. <br>

Coinbase: will strive to achieve complete decentralization of Base, ensuring that there is no controlling entity

Coinbase has released a fully decentralized plan for Base, which will be updated with various technologies to ensure that Base is not controlled by any single entity. The core team of Base stated that they will achieve decentralization by implementing fault tolerance and using diverse client software to maintain network censorship resistance and eliminate the existing situation where Coinbase is the only operating entity of the Base network Sequencer. <br>

ParaFi Capital Transferred 7,000 ETH From Coinbse 10 Hours Ago and Transferred It to the Relevant Address of Galaxy Digital

According to Scopescan data monitoring on August 24th, ParaFi Capital transferred 7,000 ETH from Coinbase to a related address at Galaxy Digital 10 hours ago. In the past month, ParaFi Capital has received a total of $21 million worth of ETH from FalconX, Cumberland, Coinbase, and machibigbrother.eth.

Data: 2,910 BTC Moved From Unknown Wallet to Coinbase

According to Whale Alert monitoring, 2,910 BTC (worth $75,810,489) was transferred from an unknown wallet to Coinbase 20 minutes ago.

Coinbase Will Suspend NEST V1 Transactions on September 6 and Will Not Support Token Swaps for V2

Coinbase Assets on X platform announced that on August 18th, Nest Protocol announced that it will abandon the existing NEST V1 and issue NEST V2 under a new contract address. Coinbase will suspend trading of Nest Protocol V1 (NEST) around 0:00 on September 6, 2023 Beijing time, ahead of the planned token replacement for the project.

TVL of Base Network Reached 240 Million US Dollars, an Increase of 11.6% on the 7th

According to L2BEAT data on August 22nd, Coinbase's L2 network Base had a total locked value (TVL) of $240 million, with a 7-day increase of 11.6%.

Data: The giant whale address transferred 5817 BTC to Coinbase

On August 22nd, according to Whalr alert data, Whale address transferred a total of 5817 BTC to Coinbase at 8:32 Beijing time today.

Coinbase to Acquire Equity Stake in Circle Internet Financial and Shut Down Centre Consortium for USD Coin Governance

Coinbase Global has announced that it will acquire an equity stake in Circle Internet Financial and shut down their jointly managed Centre Consortium, which operates the stablecoin USDC. Circle will now have full control over USDC issuance and governance, while Coinbase and Circle will continue to generate revenue from USDC reserves interest income. <br>

Coinbase Is Taking a Minority Stake in Circle, USDC Adds 6 Blockchain Support

Coinbase is acquiring a minority stake in stablecoin issuer Circle Internet Financial. In addition, six more blockchains will receive native support for USDC, bringing the total number of supported blockchains to 15. Coinbase and Circle have not disclosed how many shares Coinbase has purchased in blog posts or interviews, nor have they specified the names of the six blockchains. Earlier in September, Circle announced plans to add support for Polkadot, Near, Optimism, and Cosmos by 2023. <br>