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“# Propy rallies 227% as real estate NFTs become reality and PRO lists at Coinbase ” Nonfungible tokens (NFTs) skyrocketed in popularity over the course of 2021 as the wider public became enthralled with projects like the Bored Ape Yacht Club and CryptoPunks, but these one-of-a-kind digital images are only scratching the surface of what…
“# Derivatives are coming to Coinbase, following purchase of FairX ” Major U.S. crypto exchange Coinbase, the third largest in the world by 24 hour volume, intends to enter the derivatives trading markets, having acquired the FairX derivatives exchange. FairX is a Designated Contract Market (DCM) derivatives exchange regulated by the Commodity Futures Trading Commission…
“# Coinbase announces ‘nearly the entire company will shut down’ for four weeklong breaks in 2022 to allow workers to recharge ” Major U.S. crypto exchange Coinbase will be giving its employees one week off each quarter in 2022 to recharge after “long days and long weeks” of intense work. In a Monday blog post,…
“# Coinbase, PayPal join TaxBit Network for free crypto tax forms ” Crypto tax compliance firm TaxBit is working to unite major industry companies like Coinbase and Binance.US within one network to enable free 2021 tax forms for users. The crypto tax software provider on Tuesday launched the TaxBit Network, a certified network aiming to…
“# Solana hit with another network incident causing degraded performance ” The Solana blockchain has suffered a third incident in just a few months that clogged the network and caused transactions to fail, with users debating whether it was caused by another DDos attack or if it was just network issues. The scale and nature…
“# Coinbase CEO reportedly buys LA mansion for $133M ” Brian Armstrong, CEO of Coinbase — the largest cryptocurrency exchange in the United States — reportedly made a multi-million-dollar real estate purchase at the end of 2021. Armstrong bought a $133-million Los Angeles property from Japanese entrepreneur Hideki Tomita in December, The Wall Street Journal…
“# Coinbase exec says major Ethereum scaling improvements coming soon ” Coinbase Chief Product Officer Surojit Chatterjee is the latest to publish his predictions for the crypto industry in 2022 and he foresees major advances in the scaling of Ethereum. Industry leaders, analysts, and investors are sharing their 2022 predictions for the crypto ecosystem, and…
“# Bitcoin’s $6.1 billion options expiry was not enough to break the bearish sentiment ” Bitcoin’s (BTC) price has been ranging between $46,000 and $52,000 for 26 days. Despite the large nominal $6.1 billion year-end options expiry, the bullish and bearish instruments were evenly balanced between $44,000 and $49,000. Therefore, it was no surprise that…
“# Bitcoin sees ‘non-stop’ end-of-year buying as 10K BTC leaves Coinbase in a single day ” Almost 10,000 Bitcoin (BTC) left major United States-based exchange Coinbase on Dec. 30 in a sign that investor appetite is returning to the sphere. Data from on-chain monitoring resource Coinglass shows Coinbase’s professional trading arm, Coinbase Pro, shedding 9,925…
“# Russian bank Sber launches blockchain ETF tracking Coinbase, Galaxy Digital ” Sber, the Russian government-backed company and the largest bank in the country, is launching a blockchain exchange-traded fund (ETF) to track the performance of major crypto companies such as Coinbase and Galaxy Digital. Sber Asset Management officially announced the news on Thursday, stating…