Coinbase Exec Claims Layer-2 Network Could Include AML Measures
Brian Armstrong, CEO of Coinbase, has suggested that the company’s upcoming layer-2 blockchain network Base may be launched with transaction monitoring and anti-money laundering controls.
Coinbase Sued by Customer Who Says Exchange Refused to Reimburse Him for $96K Lost in Hack
Coinbase Inc. (COIN) is being sued by a customer who says the crypto exchange refused to help him after he lost $96,000 from his Coinbase wallet due to a hack, according to a filing in the United States District Court for the Northern District of California San Francisco Division on Monday.
Coinbase Refuses to Refund Customer Losses From Security Breach
On March 7, Bloomberg reported that Coinbase had refused to accept responsibility or refund a hacking victim. The company responded to an account holder who lost $96,000 last year in a court filing on Monday, March 6.
Cointime News Wrapup-Afternoon Version: Binance Once Planned to Evade US Scrutiny, New Texts and Documents Confirm
Afternoon version
Coinbase CEO Hints its New Layer-2 Network Could Include AML Measures
Coinbase chief executive Brian Armstrong has hinted that the firm’s new Layer-2 blockchain network Base may be subjected to transaction monitoring and anti-money laundering measures at launch. In an interview with Joe Weisenthal on Bloomberg Radio on Mar. 6, Armstrong acknowledged that Base has some centralized components today, adding “it will be more and more decentralized over time.” However, he then suggested that there will be transaction monitoring and AML requirements for users of the new layer-2 network. (Cointelegraph)
Coinbase’s Base Will Likely Feature Transaction Monitoring, AML Measures
Coinbase CEO Brian Armstrong said on March 6 that his company’s layer-2 network, Base, will likely feature transaction monitoring and anti-money laundering measures.
Coinbase to Add Support for Liquid Staked ETH (LSETH) on ERC-20 Token
Trading will begin on or after 7AM PT on 7 March 2023, if liquidity conditions are met.
Building a Cryptocurrency Exchange like Coinbase with Coinbase Clone Script
Cryptocurrency is changing the way we perceive traditional finance. With the rise of Bitcoin and other cryptocurrencies, many entrepreneurs are looking to tap into this growing market by launching their own cryptocurrency exchange platforms.
Coinbase-Backed Ethereum L2 ‘Base’ Integrates Chainlink Price Feeds on Its Testnet
Chainlink has announced exciting news for its followers: the launch of Chainlink Price Feeds on Base testnet, a new Ethereum L2 incubated by Coinbase.
Coinbase ‘Iterating Quickly’ on NFT Marketplace Despite Lackluster Rollout: Protocols Head
When most people think of Coinbase, the decade-old publicly traded crypto company, product innovation may not be the first thing that comes to mind. At ETH Denver, however, Coinbase head of protocols Jesse Pollak says the company aims to change that.
