Coinbase

Blackbird, Web3 Startup From Resy Co-Founder, Wants Diners to Pay for Meals in Crypto
Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird's restaurant rewards system.

Polymarket Whales Favor Trump as Election Betting Surges Past $400M
Traders also are skeptical about China 'unbanning' bitcoin

Marathon Digital Buys $100M BTC; India's Special Task Force for Crypto-Related Drug Trafficking
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Marathon Digital bought $100 million worth of BTC in the open market and said it will readopt its strategy to hold all mined bitcoin on its balance sheet. Plus, India has seen as many as 92 cases involving the dark net and crypto for drug trafficking in the past four years, and Coinbase's CBPL was fined more than 3.5 million pounds by the Financial Conduct Authority.

Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls
Despite restrictions in place, CBPL onboarded 13,416 high-risk customers for e-money services, the Financial Conduct Authority said.

Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock's BUIDL Success: Sources
Tokenization is one of the hottest corners of the blockchain ecosystem.

Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages
In its court battle with the Securities and Exchange Commission, the crypto exchange is seeking internal messages from Gensler and others, but not from his pre-SEC days.

Biden's Exit Spurs $28M Daily Volume on Polymarket; Swan Bitcoin Drops IPO Plans
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as President Joe Biden’s decision to drop out from the Presidential race fueled a surge in Polymarket volume. Plus, Arkham Intelligence data shows that the U.S. government has transferred 58.742 bitcoin worth nearly $4 million to Coinbase and Swan Bitcoin has pulled its plan to take the company public.

Crypto for Advisors: Web2 to Web3
Kelly Ye looks at the three fast-growing blockchain ecosystems that are addressing the adoption challenges for Web3, gaining user adoption, and how they combine the strengths of Web2 and Web3 to create a seamless Web2-like onboarding experience while providing users with the benefits of sovereign ownership in Web3.

BlockFi to Start Interim Crypto Distributions Through Coinbase This Month
BlockFi was the first victims of the contagion caused by crypto exchange FTX’s collapse in early November 2022 and filed for bankruptcy on Nov. 28, 2022.

Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC’s Gary Gensler
The New York judge overseeing the SEC’s case against Coinbase said the crypto exchange’s attempts to subpoena Gensler’s personal devices were surprising – “and not in a good way.”

