Coinbase
SEC's Gensler Pushes Back Against House Bill; Crypto Exchanges Form Coalition to Tackle Scams
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as SEC Chair Gary Gensler pushes back against the FIT21 bill hours before a planned vote on Wednesday, saying that the bill “would create new regulatory gaps." Plus, crypto exchanges Coinbase, Kraken, and other firms have joined an alliance to tackle scams. And, WisdomTree won approval to list crypto ETPs on the London Stock Exchange.
Coinbase, Kraken, Others Form Coalition to Tackle 'Pig Butchering' Scams
The group also includes prominent crypto companies Ripple and Gemini, as well as Meta and Match Group, the parent company of dating apps Tinder and Hinge
Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm
Dan Romero's Farcaster made waves earlier this year with the introduction of "Frames," a feature allowing apps to run within posts, so users don't have to click off to another site. Other investors in the latest fundraising round include a16z and Haun.
Staking Has Been a Major Liquidity Sink for ETH: Coinbase Institutional
A new research report from Coinbase Institutional reveals that staking has been a major liquidity sink for ether (ETH). Analysts note that the 3 month circulating supply of ETH has not meaningfully increased, despite the surge in price since Q4 of last year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin
The stock was the second worst performing among crypto stocks on Thursday.
CME Looks to Take On Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report
The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.
Coinbase to Target Australia's Self-Managed Pension Funds: Bloomberg
“We are working on an offering to service those clients really well on a one-off basis — to have them trade with us and stay with us," a Coinbase official said.
Tornado Cash's Alexey Pertsev Sentenced to 64 Months in Prison; Meme Coins Rally
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Tornado Cash developer Alexey Pertsev was sentenced to 64 months in prison after being found guilty of money laundering by a Dutch judge. Plus, meme coins rally following GameStop's surge, and Coinbase resumes operation after major outage.
Coinbase Resumes Operations After 3-Hour Outage
Some users may still be experiencing a "degraded" service, the exchange said.
