Coinbase

On March 14, Brian Armstrong, CEO of Coinbase, said in the latest Bankless podcast interview that Coinbase’s pledge plan was not a security, so he would defend the pledge mechanism and defend its rights and interests in court. In addition, Brian Armstrong also revealed that Coinbase was considering selecting several derivatives. The exchange had been cooperating with the United States Commodity Futures Trading Commission (CFTC) to promote the online operation of its derivatives platform as soon as possible, which would also become a major event in the United States encryption market. Coinbase CEO: is cooperating with the CFTC of the United States to launch the derivatives platform as soon as possible Analysis based on this information:In the Bankless podcast interview on March 14, Coinbase’s CEO, Brian Armstrong, stated that the exchange’s pledge plan was not a security and therefore, should not be subject to regulation by the Securities and Exchange Commission (SEC). This pledge plan involves Coinbase customers lending their…

It is reported that according to the latest amicus curiae briefing submitted by Coinbase, the cryptocurrency exchange claimed that the cryptocurrency on its platform was not securities, and that Coinbase would also be willing to list securities products if the United States Securities and Exchange Commission gave appropriate guidance and regulations. Coinbase wrote in the briefing: “The United States Securities and Exchange Commission believes that digital assets are qualified as securities because they belong to investment contracts, but for encrypted assets, the legal term lacks two basic attributes. They are neither contracts nor investments.” (coindesk) Coinbase: If the SEC makes rules, it is willing to list securities Analysis based on this information:Coinbase, one of the largest cryptocurrency exchanges in the world, has submitted an amicus curiae briefing to the United States Securities and Exchange Commission (SEC), claiming that the cryptocurrency on its platform are not securities. The briefing also suggested that Coinbase would be interested in listing securities products in…

According to reports, Brian Armstrong, the CEO of Coinbase, said in response to Ryan Lacey, the chief strategic officer of Evertas, a crypto asset insurance company, that after the collapse of the Silicon Valley bank, Coinbase considered selecting a “high net worth+new commercial bank” model, “transferring assets to community banks and reserves”, but needed to provide more functions, such as fund wire transfer outbound, multi-user support, etc, Brian Armstrong also said that “non-partial reserve banking” now looks more attractive. Coinbase CEO: considered “transferring assets to community banks and reserves” Analysis based on this information:Brian Armstrong, the CEO of Coinbase, has revealed that his company considered a “high net worth+new commercial bank” model and transferring assets to community banks and reserves in response to the collapse of the Silicon Valley bank. However, the company found that it needed to provide more functions such as fund wire transfer outbound and multi-user support to make this model work. Armstrong’s comments suggest that Coinbase…

On March 14, Paul Grewal, chief legal officer of Coinbase, tweeted: “Coinbase has no online securities, but we want to go online. Last year, we even requested the United States Securities and Exchange Commission (SEC) We began to formulate rules on this issue and put forward 50 questions, but we did not receive any reply. Instead of focusing on practical and durable solutions such as rulemaking or registration options, regulators have given priority to such actions that distort the legal definition of investment contracts beyond recognition. The rule of law is very important. The Ministry of Justice admitted this when accusing our former employees and their associates of wire transfer fraud rather than securities fraud. This is reasonable. The reason is simple. The assets involved are not securities. “ Financial officer of Coinbase: The regulatory authority did not focus on practical and durable solutions such as rulemaking or registration options Analysis based on this information:In a recent tweet, Paul Grewal,…

It is reported that Twitter encryption KOL@Bit According to the ember monitoring data, a multi-signature address marked as Maker by Nansen received 263000 unlocked AXS from the Ronin bridge of AXS five days ago (worth about 2.18 million US dollars). After the market rose last night, the address transferred AXS to # Coinbase via 0x3356. MKR transferred 263000 AXS to Coinbase last night Analysis based on this information:Social media has always been a platform that influences the market in a significant way, especially when it comes to reports shared by key opinion leaders (KOLs). Recently, Twitter encryption KOL @Bit reported about a multi-signature address that caught the attention of many players in the cryptocurrency market. According to the Ember monitoring data, a multi-signature address marked as Maker by Nansen received a total of 263,000 unlocked AXS tokens from the Ronin bridge of AXS five days ago. As of the moment, the total value of these tokens is approximately 2.18 million…

According to the report, Conor, the business director of Coinbase, tweeted that the largest net outflow of USDCs seen on the chain belonged to the Pulsechain Sacrifice wallet. At the weekend, they exchanged 155 million USDCs for 153.7 million DAIs. They should use MakerDAO’s PSM directly, and Pulsechain finally took on the sliding point of $1.4 million, which they don’t need to do. Business director of Coinbase: Pulsechain Sacrifice wallet exchanged 155 million USDCs for 153.7 million DAIs Analysis based on this information:Coinbase, one of the leading cryptocurrency exchange platforms, has reported on a significant outflow of its USD Coin (USDC) from its exchange. According to Conor, the business director of Coinbase, the largest net outflow of USDCs was seen on the chain, primarily flowing to the Pulsechain Sacrifice wallet. This transaction occurred over the weekend, where a total of 155 million USDCs were exchanged for 153.7 million DAI, a stablecoin backed by MakerDAO. While the transfer of USDCs to…

On March 13, it was reported that Coinbase has resumed the exchange of USDC and USD, which can be conducted normally through API and transaction platform UI. Coinbase has resumed the exchange of USDC and USD Analysis based on this information:Coinbase, one of the largest cryptocurrency exchanges in the world, has announced on March 13 that it has resumed the exchange of USDC and USD, which can be conducted normally through the application programming interface (API) and transaction platform user interface (UI). This update is a significant development for Coinbase users who rely on the platform to trade digital assets for US dollars or USDC, a stablecoin backed by the US dollars in reserve. In the past, Coinbase has faced several issues related to the stability and reliability of its trading platform, including unexpected outages and delays in processing transactions. However, the announcement of the resumption of the USDC and USD exchange suggests that Coinbase has taken measures to address…

It is reported that Ryan Lacey, CSO of Evertas, a cryptocurrency insurance company, asked Coinbase on Twitter whether it had considered providing new banking services to high-net-worth individuals and enterprises. Coinbase CEO: is considering adding functions with “banking” business Analysis based on this information:The recent message from Ryan Lacey, the Chief Strategy Officer (CSO) of Evertas, a cryptocurrency insurance company, suggests that Coinbase, one of the leading digital asset exchange platforms, should consider providing banking services to high-net-worth individuals and enterprise customers. This tweet comes at a time when the cryptocurrency industry is rapidly evolving and attracting more institutional investors and enterprises. Coinbase is a well-known platform that offers a variety of services, including trading, investing, and storing cryptocurrencies for retail users. Evertas, on the other hand, provides insurance coverage for digital assets, which suggests a focus on institutional clients. Hence, Lacey’s suggestion for Coinbase to provide more services for high-net-worth individuals and enterprises might be perceived as a way…

On March 13, the official Twitter of Coinbase announced that it would resume the USDC conversion on Monday. Due to the regulatory closure of Signature Bank, Coinbase is currently facilitating cash transactions between all customers and other banking partners. Coinbase: cash balance at Signature Bank is 240 million US dollars Analysis based on this information:Coinbase is a digital currency exchange that offers customers an easy and secure way to buy, sell, and store cryptocurrency. Recently, the company had to temporarily suspend USDC (USD Coin) conversion due to the regulatory closure of Signature Bank. However, on March 13th, Coinbase announced on Twitter that it would resume USDC conversion on Monday. This news comes as a relief to customers who were temporarily unable to convert their USDC due to the bank closure. USDC is a stablecoin that is pegged to the US dollar, meaning that its value remains constant. This stability makes it an ideal cryptocurrency for people who want to use…

On March 12, according to the data released by Crypto KOL and chain analyst Mr. Whale, the trading volume of Coinbase on the Cryptocurrency Exchange has plunged by 99.2% in the past 24 hours, which is the first time in history. The reason may be that the US dollar stable currency (USDC) (partially owned by Coinbase) triggered the anchoring in the bankruptcy of Silicon Valley banks. Coinbase’s trading volume fell 99.2% in the past 24 hours Analysis based on this information:According to recent data released by chain analyst Mr. Whale, the trading volume of Coinbase on the Cryptocurrency Exchange has plunged by 99.2% in the past 24 hours, making it the first time in history for such a significant decline. This significant change can be attributed to the US dollar stable currency (USDC) that is partially owned by Coinbase at the time of writing. Reports suggest that this has triggered the anchoring of Silicon Valley’s banks in bankruptcy. The USDC…

According to reports, Whale Alert data showed that 26636 ETHs (valued at $39143078) were transferred from unknown wallets to Coinbase. 26636 ETHs transferred from unknown wallet to Coinbase Analysis based on this information:Whale Alert, a platform that tracks large cryptocurrency transactions, reported that 26636 Ethereum (ETH) tokens were transferred from unknown wallets to Coinbase, a leading cryptocurrency exchange. The transferred value was estimated at $39,143,078. This large transfer has caused some speculation amongst the cryptocurrency community, with some suggesting that it could represent a significant shift of funds towards a more centralized exchange. Others have argued that the transfer could be part of a large trade or investment by an individual or group. One possible reason for the transfer to Coinbase could be the exchange’s reputation as a secure and reliable platform for buying and selling cryptocurrencies. With the recent surge in the value of Ethereum, many investors may be looking to sell their holdings on a trusted exchange like…

It is reported that 27000 ETHs were transferred from unknown wallets to Coinbase at 08:56 today, with a value of about US $39.06 million. The transaction hash i

It is reported that according to a regulatory document last month, Pantera Capital, a venture capital and investment giant focusing on cryptocurrency, recently

It is reported that Bitcoin News published an article on social media saying that Coinbase holds nearly 2 million BTCs, worth about $40 billion.
Coinbase holds

It is reported that 49000 BTCs (worth US $1 billion) in the wallets seized by law enforcement departments of the US government have been transferred to Coinbase

It is reported that the Ark Invest Fund of Cathie Wood increased its holdings of 119429 Coinbase shares again on Friday, about US $6.4 million. Among them, Ark

It is reported that, according to Lookonchain statistics, in the past 24 hours, many encryption institutions have started to deposit or redeem USDCs into Circle

7:00-12:00 Keyword: Coinbase, Meta, Bank of England, Circle
Summary of important developments at noon on March 11
Analysis based on this information:
Cryptocurr

On March 11, Coinbase posted an article on social media that said that the platform would suspend the conversion of USDC-USB when the bank closed on the weekend

On March 11, according to PeckShield Alert data, Circle destroyed 2.7 billion USDCs in the past 24 hours, and Coinbase (at least 1.78 billion) and Jump Crypto (

According to the news on March 11, under regulatory pressure, Coinbase is updating the terms and conditions of its pledge service. In an email to customers this

21:00-7:00 Key words: SEC, Starbucks, Voyager, Coinbase, Taiko plan
Overview of important developments overnight on March 10
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It is reported that Coinbase, Robin Hood, Kraken and other companies may face lawsuits for potential violations of securities laws. （Fox Business）
Coinbase, Rob

It is reported that since March 8, the bankrupt cryptocurrency broker Voyager Digital has received nearly US $86.8 million of USDC and sent nearly US $82.5 mill

12:00-21:00 Key words: Aave, Coinbase, Coin, Meta
Overview of important developments in the evening of March 10
Analysis based on this information:
The message

On March 10, the LayerZero Labs, the development team of the interoperability protocol LayerZero, announced the deployment on the Coinbase Ethereum Layer2 netwo