New projections from Coinbase suggest that the stablecoin sector could swell to $1.2 trillion by 2028. Yet, this explosive growth raises questions about the ripple effects on US Treasury yields and global liquidity. Coinbase Models $1.2 Trillion Stablecoin Market by 2028 The forecast comes as the stablecoin market progressively becomes one of the most critical…
Coinbase is making ready to reorient its enterprise operations in the direction of the US over North Korean hackers. This contains mandating in-person orientation and proscribing sure roles to US residents solely. These insurance policies, particularly the latter one, might trigger materials issues or flagrantly violate federal regulation. There are lots of unanswered questions, particularly…
Bitget Wallet announced a new integration with Base, Coinbase’s Ethereum Layer 2 network, along with Aerodrome, one of Base’s most active decentralized exchanges (DEXs). The move highlights the growing competition among wallets to streamline access to DeFi, even as market signals suggest underlying headwinds. Bitget Expands into Base DeFi The update will allow Bitget Wallet…
Coinbase officially completed its Deribit acquisition, leading to a large boost to stock prices. Through this arrangement, the platform will soon offer many new derivatives services to a massive user base. Promised new features include perpetuals contracts and options alongside spot and futures trades. Still, Coinbase is working to construct these services, and it’s not…
Coinbase lost around $300,000 when an MEV bot swiftly drained funds due to a contract misconfiguration involving 0x Project’s switcher. No customer accounts or funds were affected. Coinbase classed the incident as isolated. A new security breach in decentralized finance highlights the risks of token approval protocols and MEV (maximal extractable value) strategies targeting crypto…
On Tuesday, Coinbase took bold steps toward stronger regulatory compliance in the EU by announcing a partnership with Crypto Risk Metrics, a German provider of compliance and data solutions. Earlier in June, Coinbase secured its MiCA license from Luxembourg, allowing the exchange to offer the full range of its products to all EU member states….
Coinbase just announced in-app DEX trading, a long-awaited feature to make decentralized trading accessible. The Base blockchain will manage this service for now, prompting several of its tokens to appreciate in value. Due to BitLicense requirements, this rollout only impacts US users outside New York State. Traders can now access decentralized markets with significantly fewer…
Coinbase is working on full integration of every token built on Base, its in-house Ethereum Layer 2 (L2). The move by the publicly traded crypto exchange, known for regulatory compliance and retail accessibility, could be a game-changing shift. Coinbase Flips the Switch with Every Base Token Amidst Coinbase’s plans to reshape its product model, the…
Coinbase Layer-2 network, Base chain, experienced an outage on Tuesday, temporarily halting block production. While the situation was resolved shortly after, it rekindled concerns over sequencer centralization. Base Chain Temporary Outage: Everything Users Need to Know Base chain suffered an outage on Tuesday, causing a temporary halt in block production. Data on Basescan, the Base…
Coinbase’s controversial new ad split the UK’s crypto community. The commercial depicts a grim economic future for Britain, but doesn’t propose the benefits of Web3 as an alternative. Some commentators loved the ad, while others feared that Britons outside the crypto community would find it distasteful. Either way, the commercial has become viral on social…