Coinbase Lost $240M in Signature Bank Closure
Leading crypto exchange Coinbase disclosed it lost around $240 million in Signature Bank shut-down on Mar. 12.
Crypto Evening Briefing: Circle Says USDC Operations Unaffected by SVB, Signature Closures
The closure of Silicon Valley Bank and Signature Bank won’t affect Circle’s USDC operations.
Crypto Exchange Coinbase And Others Disclose Funds In Shuttered Signature Bank
Following the Signature bank crash, many top firms such as Paxos, Coinbase, and Celsius have revealed they had some funds tied up in them.
Coinbase Confirms $240 Million Corporate Cash Balance with Signature Bank Amid Lender Closure
Major crypto exchange Coinbase stated that it has millions in corporate cash balance with the shuttered Signature Bank.
Cathie Wood’s Ark Invest Picks Up More Coinbase Stock, Adding $6.4 Million
Cathie Wood’s Ark Invest picked up a tranche of 119,429 Coinbase shares across two funds on Friday, purchasing about $6.4 million of the stock.
Coinbase Reiterates That Staking Services Will Continue, Despite SEC Crackdown
Despite the recent crackdown by the U.S. Securities and Exchange Commission (SEC) on staking services offered by centralized providers, Coinbase has reiterated to customers that its staking services will continue, and “may actually increase.”
USDC’s Dollar Peg Fumbles, Coinbase Pauses USDC:USD Conversions
Amid the ultra-high volatility currently in the USDC stablecoin, crypto exchange Coinbase has announced the decision of suspending USDC: USD conversions for the weekend. In its latest Twitter post, Binance wrote:
Ark Loads Up on Coinbase Stock, Adds More Than $20 Million Across Two Funds
Cathie Wood's Ark Invest continues to add Coinbase shares to its funds, following up Wednesday's additions with another estimated $20.5 million purchase yesterday.
Ether Hits Two-Month Low Under $1.4K as Coinbase Premium Index Dwindles
Ether (ETH), the native token of Ethereum's blockchain, slipped to a two-month early Friday as regulatory uncertainty and problems at a key lender for tech firms, zapped investors' risk appetite.
Voyager Sold Over $350M Crypto Assets From On-Chain Holdings Over the Past 6 Weeks
Voyager has been using Binance US, Coinbase, and direct OTC with Wintermute in order to clear their books.
