Former Coinbase CTO Raises Concerns Over Apple and Google's Potential Threats to Cryptocurrency Sector
Balaji Srinivasan, former CTO of Coinbase, has expressed concerns about the potential threats posed by tech giants to the cryptocurrency industry. He specifically mentioned Apple and Google, warning that the federal government could use their iPhones and Android devices to tamper with private keys.
Coinbase Expands Product Access and Updates Coinbase One Trading Platform in the US, UK, Germany, and Ireland
San Francisco-based crypto exchange Coinbase is expanding its offerings to other regions amidst the strict regulatory environment in the US crypto market.
Coinbase's Consortium Emerges as Top Bidder for Celsius Network's Bankruptcy Auction
The bankruptcy auction for Celsius Network is coming to a close, with a consortium of investors led by TechCrunch founder Michael Arrington's Arrington Capital and including Coinbase emerging as the top bidder for the bankrupt crypto lender's assets.
Coinbase's Zero-Fee Subscription Service Out of Beta and Expanded Outside the US
Coinbase has officially launched its zero-fee subscription service, Coinbase One, after being in beta since 2021. The service will be available in 35 countries, including the United Kingdom, Germany, and Ireland. Customers can pay $29.99 per month to enjoy zero trading fees and higher staking rewards, as well as access to dedicated 24/7 phone support and $1M Account Protection. However, the fee-free trading volume limit as found in customers’ account settings will apply, and customers will be responsible for paying regular trading fees when they trade over their set trading volume limit. Coinbase aims to expand the Coinbase One service in 35 countries in the future.
Coinbase Launches Zero Fee Trading Program, Expanding to New Jurisdictions Despite Regulatory Pressure
Coinbase, a US-based cryptocurrency exchange, has launched a zero trading fees program for its Coinbase One members. This program offers boosted staking rewards and exclusive benefits from Messari and CoinTracker, and is available for hundreds of crypto tokens. Members will also have access to a dedicated support team that provides assistance through phone within seconds. The exchange plans to expand the service worldwide in the coming months. Additionally, investors can stay informed about crypto presale projects and Telegram channels for 2023 through updated lists.
Coinbase expands zero-fee subscription product to UK, Germany and Ireland
Coinbase, a US-based crypto exchange, is expanding its Coinbase One subscription product to the UK, Germany, and Ireland. The product offers zero fees on trades in exchange for a $29.99 monthly payment, along with 24/7 customer support, boosted staking rewards, and introductory offers to crypto data services. Coinbase plans to launch the service in 31 additional European countries in the coming months. The subscription product offers a predictable income stream for Coinbase and helps build longer, deeper relationships with customers. Coinbase has been expanding internationally to reduce its reliance on the US market.
Coinbase Countdown Sparks Crypto Twitter Rumor Mill
Coinbase has posted a mysterious countdown timer on Twitter, leading to speculation in the crypto community about what it could mean. Theories range from a listing of the popular meme token PEPE to an announcement about Coinbase One, a subscription-based service. However, there is no substantial evidence to support these theories. Coinbase has previously made announcements that were underwhelming, such as the Base protocol, and is currently embroiled in a battle with the SEC. The countdown has generated much discussion on Twitter, but the crypto community will have to wait a few days to know for sure what it refers to.
Coinbase Announces Support for SUI Token Trading on Its Platform
Coinbase, the largest cryptocurrency exchange in the US, has announced its support for the SUI token on its trading platform. SUI will be included in the "Experimental" category, and trading of SUI-USD pairs is set to begin after 9 AM PT on May 18, 2023, if liquidity requirements are met.
Three Uniswap Governance Members Propose Deploying Uniswap v3 to Coinbase's Layer 2 Network Base on Day One Launch
Three members of Uniswap's governance have proposed deploying Uniswap v3 to Coinbase's layer 2 network Base on May 17, with the aim of launching on the first day of the platform's mainnet launch. The proposal must be approved through an on-chain governance decision, requiring UNI token holders to vote on the matter. Coinbase has $80 billion of assets under custody, while Uniswap has only $4 billion in total value locked, according to the proposal. Base has already attracted other notable crypto projects during its testnet phase, but has been criticized for its ties to Coinbase's centralized company and potential compliance requirements.
Coinbase Expands Services to Singapore, Offers USDC Purchases with SGD and Staking for Popular Cryptocurrencies
Coinbase, a US-based cryptocurrency exchange, has announced its plans to expand its services to customers in Singapore. The move is part of the company's effort to enhance its international presence and adapt to evolving market dynamics while ensuring continued accessibility to users in different regions. Users in Singapore can now purchase USDC with SGD without incurring fees and receive rewards for holding USDC. Coinbase has also introduced staking services for popular cryptocurrencies such as ETH, SOL, ADA, ATOM, and XTZ, allowing users to earn rewards by participating in the staking process. Coinbase's commitment to advancing its international expansion efforts is reflected in the launch of its Global Advisory Council, which aims to assist Coinbase in navigating the dynamic and intricate landscape of the cryptocurrency industry while fostering more robust relationships with strategic stakeholders on a global scale.
