Coinbase is actively exploring opportunities within regions where regulatory frameworks for the cryptocurrency industry are well-defined. In the near future, its primary focus will be on the EU, U.K., Canada, Brazil, Singapore, and Australia.
OpenCover, a company that secured $4 million in seed funding with prominent investors such as NFX and Jump Crypto at the helm, recently received an additional injection of $200,000 in funding from Coinbase to enhance its launch on Base.
Coinbase (COIN) reported securing $57 million for their platform as of September 1, as detailed in an official filing with the SEC.
The Centre Consortium, co-operatively overseen by Circle and Coinbase, is currently in the process of being closed down. Consequently, Circle will be taking over the internal management of issuance and governance for the USDC stablecoin.
The authorization establishes Coinbase as the pioneering crypto-centric platform to provide regulated and leveraged cryptocurrency futures in conjunction with conventional spot trading.
Has the exchange's stance on Bitcoin and Ethereum as the future of finance changed, even after likening cryptos to Beanie Babies in a recent argument?
Today, the investment division revealed its acquisition of an undisclosed volume of Rocket Pool's native token, RPL, which surged by over 9% in the previous 24 hours.
Prior to its official launch on Wednesday as a novel layer-2 network built on Ethereum, Base had already accumulated an impressive sum of nearly $166 million on the blockchain.
The most significant cryptocurrency exchange in the U.S. claims that its blockchain represents the inaugural release by a publicly traded firm, opening up a novel avenue for generating revenue.
From Thursday onwards, users will have the opportunity to bridge their ETH as the official launch of the main network is scheduled for August 9th.