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“# Coinbase reveals plans for crypto app store amid global refocus ” Top U.S.-based centralized crypto exchange, Coinbase, has announced plans to launch a crypto app store offering third-party developed products. A June 30 blog post penned by Coinbase CEO Brian Armstrong revealed its plans for an app store, stating that while “the crypto economy…
“# Coinbase will pay users 4% interest on USDC holdings ” Major cryptocurrency exchange Coinbase has announced users will be able to earn 4% interest on USD Coin through a product the company compared to an alternative to a fiat savings account. In a Tuesday blog post, Coinbase said its users could earn 4% annual…
“# Germany’s financial watchdog approves crypto custody license for Coinbase ” The Federal Financial Supervisory Authority has issued a crypto custody business license for Coinbase’s Germany arm. In a Monday announcement, Germany’s Federal Financial Supervisory Authority, also known as BaFin, said it had issued Coinbase the first such license for a crypto exchange related to…
“# Coinbase unveils ‘Solidify’ tool to auto-audit smart contracts and DeFi clones ” Coinbase has unveiled a new tool that can automatically audit smart contracts built on Ethereum that use the Solidity programming language. Designed to be used by smart contract auditors, asset issuers, and other exchanges, the firm has plans to make the tool…
“# Crypto IRA integrates Coinbase Custody as trade volumes top $1.5B ” Cryptocurrency IRA and 401(k) provider iTrustCapital has integrated Coinbase Custody into its platform, offering retirement planners more robust security for their digital-asset investments. The integration means iTrustCapital clients will have their assets secured by Coinbase Custody’s cold storage, offering another layer of protection…
“# Shiba Inu and Chiliz jump 33% and 26% on Coinbase Pro listings ” The token prices of Shiba Inu (SHIB) and Chiliz (CHZ) jumped 33% and 26% respectively on Wednesday, following the announcement of the pair’s listing on Coinbase Pro. Inbound transfers for Shiba Inu and Chiliz were announced alongside Keep Network (KEEP) by…
“# Bitcoin price hits $41K, then rejects after sellers defend the 200-MA ” The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000 as a sign that the market could be shifting in favor of bulls. Data…
“# Pension provider partners with Coinbase to offer 5% exposure to crypto ” United States-based retirement plan provider, ForUsAll, is joining forces with Coinbase to allow clients to invest up to 5% of their portfolio assets in cryptocurrencies. The pension provider, which primarily serves small-to-medium-sized businesses, is working to offer exposure to more than 50…
“# Coinbase is reportedly looking to set up office in New York ” The United States’ largest cryptocurrency exchange, Coinbase, is reportedly setting up its first office in New York. The Nasdaq-listed cryptocurrency exchange has allegedly subleased 30,000 square feet from Steven Cohen’s investment firm Point72 at Related Companies’ 55 Hudson Yards in New York,…
“# Kraken rethinks direct listing plan following Coinbase’s lackluster performance ” Jesse Powell is rethinking Kraken’s plan to go public which is set for late 2022, following the uninspiring performance of Coinbase stock (COIN) since its launch on April 14. Speaking with Fortune on June 11, Powell stated that in light of the performance on…