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Crypto Morning Briefing: Coinbase No Longer Supporting Signature Bank’s Signet Network

Immutable and Polygon Labs Team Up to Expand the Web3 Gaming Ecosystem; Florida Gov and US Presidential Hopeful Calls for CBDC Ban
Crypto Morning Briefing: Coinbase No Longer Supporting Signature Bank’s Signet Network

Coinbase No Longer Supporting Signature Bank’s Signet Network

Coinbase Global (COIN) told clients on Monday it’s no longer supporting Signet, the real-time payments network of failed Signature Bank, according to a Wall Street Journal report.

Former Coinbase CTO’s $1M Bitcoin Bet Has Zero Chance of Happening

The co-founder of Real Vision, Raoul Pal, poured cold water on the likelihood of Bitcoin hitting $1 million in the next 90 days.

SVB Financial Group Files for Chapter 11 Bankruptcy; Circle's $3.3B USDC Reserve Risk Removed | Cointime Weekly Mar.12 – Mar.18

Stripe secures $6.5 billion in Series I at a $50B valuation; Coinbase likely to launch global crypto trading platform; Euler Finance hacked for over $195M in a flash loan attack; crypto assets to become a separate category in the UK tax forms.
SVB Financial Group Files for Chapter 11 Bankruptcy; Circle's $3.3B USDC Reserve Risk Removed | Cointime Weekly Mar.12 – Mar.18

Former Coinbase CTO Places Big Bet on Bitcoin, Offers 40:1 Odds in Hyperinflation Bet

In response to Medlock's tweet offering to bet $1 million that the US will not enter hyperinflation, Srinivasan has offered to take the bet with 40:1 odds in his favor.
Former Coinbase CTO Places Big Bet on Bitcoin, Offers 40:1 Odds in Hyperinflation Bet

Former Coinbase CTO Makes $2M Bet on Bitcoin’s Performance

Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin's (BTC) price over the next 90 days, predicting the cryptocurrency price will reach $1 million by June 17. 

XRP Will Get Relisted on Coinbase Immediately After Ripple’s Victory Over SEC, Exchange’s Chief Legal Officer Hints

When asked whether Coinbase is planning to relist XRP after the court’s ruling in the SEC v. Ripple lawsuit, Grewal noted that it would depend on the grounds of the ruling, the judge’s legal reasoning, and the exchange’s assessment of whether or not the apex court would uphold the decision.

More People Are Downloading Crypto Apps Like Coinbase, Binance, Here’s Why

The recent shake-up in the United States banking system appears to shift interest and demand toward crypto solutions. Trackers note that since last week’s crisis, there has been a remarkable increase in downloads of crypto dapps offering exchanging and asset storage services. 

Crypto Morning Briefing: Coinbase Likely To Launch Global Crypto Trading Platform

Binance Converts Its BUSD in SAFU Funds to Other Stablecoins; China’s Fujian Province Has Processed $22bn Worth of Digital Yuan
Crypto Morning Briefing: Coinbase Likely To Launch Global Crypto Trading Platform

Coinbase Eyeing Offshore Exchange To Escape US Regulatory Pressure

U.S.-based crypto exchange Coinbase is considering setting up an offshore exchange due to the recent regulatory clampdown on the crypto industry, Bloomberg reported on March 17.