Coinbase Lists Flare ($FLR), Honors Commitment to Airdrop to $XRP Holders
Nasdaq-listed cryptocurrency exchange Coinbase has announced it is listing Flare ($FLR) in a highly anticipated move that comes after the exchange revealed it’s honoring its commitment to support the FLR token airdrop for users who held $XRP at the time of the snapshot, which was back on December 12, 2020.
Coinbase Begins FLR Token Airdrop in Approved Jurisdictions
Coinbase has announced the distribution of Flare token airdrop to eligible users with simple and advanced trades in every approved jurisdiction. The FLR outbound transfers will be unavailable to users until the processing is completed, and the earned funds will be distributed to the Coinbase user account. The token was initially introduced to customers who held XRP in their accounts before December 12, 2020. To be eligible for the airdrop, users must have owned an XRP balance on Coinbase Exchange, Coinbase Pro, or Coinbase.com as of December 12, 2020, and users from Japan or New York are ineligible. The airdrop amount will be based on the XRP balance users had on Coinbase, with a distribution rate of 1.0073 FLR per 1 XRP x 0.15. Coinbase is not charging any fees for the airdrop, and users can trade their FLR after the distribution is completed. Even deactivated accounts can access the airdrop by creating a new account or contacting the Coinbase support team.
Coinbase Reveals 2 New Small Cap Cryptocurrencies To Get Listed Soon
The Coinbase crypto exchange is in the process of increasing its range of tradable assets by adding two more altcoins. These include the metaverse-themed Virtua (TVK) and the Polygon-based Dimo (DIMO) which is aimed towards the automobile industry.
Coinbase Wins $470K From Insider Trading Case
Coinbase has won almost $470,000 in restitution as part of an ongoing insider trading case, according to a report from the Wall Street Journal on April 10.
Coinbase Head of Exchange Exits Company
Vishal Gupta, head of exchange and markets at crypto exchange giant Coinbase, announced that he was leaving Coinbase after serving as the firm’s head of exchange and markets for nearly three years, a position he took up in September 2020.
Binance, Coinbase, Regulators… What’s Up?
Recently we’ve seen a lot of turbulence on the crypto market: collapses, litigations, insolvencies, layoffs… This might be a reason why SEC and CFTC have started to intensely pursue crypto firms, creating a challenging environment for the industry in the US. This article gives a short update on the recent events connected to the two major CEXs — Binance and Coinbase.
Coinbase Finally Lists Flare (FLR), is XRP Next?
Coinbase has finally listed the Flare (FLR) token following months of persistent calls from the XRP army. The latest development has elicited further agitation for the exchange to relist XRP, given Flare’s close relationship with the XRP ecosystem.
Information Protocol RSS3 Raises $10M via Token Sale to DWF Labs
Information protocol RSS3 has raised $10M via a token sale to DWF Labs, a prolific investor in Web3. RSS3 aims to bridge blockchain technology and AI, search engines, and social media. The protocol has previously received investment from Coinbase, Dragonfly, and Balaji Srinivasan.
Binance, Coinbase, Regulators… What’s Up?
Recently we’ve seen a lot of turbulence on the crypto market: collapses, litigations, insolvencies, layoffs… This might be a reason why SEC and CFTC have started to intensely pursue crypto firms, creating a challenging environment for the industry in the US. This article gives a short update on the recent events connected to the two major CEXs — Binance and Coinbase.
Coinbase CEO Confirms Integration of Bitcoin Lightning Network
April 9 (Cointime) - Brian Armstrong, the CEO of Coinbase, confirmed in a recent tweet that the cryptocurrency exchange is planning to integrate the Lightning Network on its platform.
