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Coinbase has seen a sharp decline in market share as smaller exchanges gained ground recent months, according to a Sept. 9 report by research firm Kaiko. Coinbase dominated more than half of the US crypto market share earlier this year, peaking at almost 55% in March. However, its market share has since fallen to 41% […]
The post Coinbase market share dips as smaller exchanges gain ground Kaiko appeared first on CryptoSlate.
The degen-branded card is non-custodial and lets users pay by borrowing against crypto collateral, Ether.fi said.
Recently, prominent Ethereum community member Ryan Berckmans highlighted a material update from Base: the platform is going to be increasing its Ethereum Layer 2 (L2) scaling gas target weekly. This has created quite a stir of excitement and concern in its wake, seemingly spelling out that this could mean the capacity of blobs- a measure […]
Paul Grewal, Coinbases chief legal officer, said the SEC would be compelled to produce important discovery in its civil case after a judges order.
In a notable shift in campaign finance, Coinbase’s Chief Financial Officer Alesia Haas revealed that Kamala Harris, the U.S. Vice President and Democratic candidate for President, is leveraging Coinbase’s Commerce platform for cryptocurrency donations. The platform is a key part of Coinbase’s suite of services, designed to help businesses accept digital assets. Harris’ official super […]
Ripple co-founder Chris Larsen joined 87 other corporate leaders in endorsing Vice President Kamala Harris for the White House, as reported by CNBC on Sept. 6. The letter included several other high-profile signatories, including Aaron Levie (Box CEO), Jeremy Stoppelman (Yelp CEO), philanthropist Lynn Forester de Rothschild, private equity billionaire José Feliciano, Twilio co-founder Jeff […]
The post Ripple co-founder and 87 execs endorse Kamala Harris for president appeared first on CryptoSlate.
A Kamala Harris-inspired memecoin recently jumped over 10% after the US Vice President received public endorsement from Vladimir Putin. The Russian president expressed his support for the Democratic candidate on Thursday, fueling a surge in the PolitiFi tokens activity. Putin Endorses Kamala Harris’ Campaign As the US elections get closer, the presidential candidates continue to [...]
The post KAMA Memecoin Soars 10% Following Putins Endorsement Of Kamala Harris appeared first on Crypto Breaking News.
Fortune reports that Coinbase CFO said Kamala Harris is using Coinbase Commerce to accept cryptocurrency donations for her presidential campaign.
There have been some high-profile instances of insider trading at major exchanges that show a larger issue underneath.
Adding proof of reserves will head off concerns about Coinbases perceived lack of transparency.
Despite scalability and high gas fees facing Ethereum, the founder of EigenLayer, a liquidity restaking platform, insists the network is superior, especially against Solana. Solana is the third most valuable smart contracts platform, trailing Ethereum and the BNB Chain. Over the years since launching, it has been gulping up more market share from Ethereum, cementing its position. Is Ethereum Superior To Solana? While the prominence of Solana is evident, Sreeram Kannan, the founder of EigenLayer, argued in a post on X that Solana prioritizes low latency and global node synchronization over other core features. Related Reading: Solana (SOL) Could Go Parabolic Once It Breaks $200 Resistance Analyst On the other hand, Ethereum took a different approach, emphasizing the need for stability and decentralization. Accordingly, in Kannan’s view, the first smart contracts platform offers a more comprehensive solution than its competitor. Currently, EigenLayer manages over $12 billion worth of assets on Ethereum, according to DeFiLlama. Although Kannan acknowledges the efficiency of Solana, the founder nonetheless picks out some limitations now that the platform is building a global state machine. At the top of the list is the blockchain’s sacrifice of programmability and verifiability. Meanwhile, the EigenLayer lead thinks Ethereum is excelling, especially on performance, thanks in part to the success of rollups and the resulting wild adoption. This off-chain solution provides instant confirmation and is more performant than web2 applications. At the same time, Ethereum is programmable, enabling EigenLayer to add more features like an arbitrary decentralization of verifiable tasks. As a result, the liquidity restaking platform, Kannan adds, has enabled cloud-scale programmability. Layer-2 Platforms Thriving: Why Is ETH Struggling? The co-founder of Celestia, Mustafa Al-Bassam, also appreciates what Ethereum brings to the table and is absent or underdeveloped in other networks. In a post on X, Al-Bassam said the first smart contracts platform is “underrated.” Related Reading: Shiba Inu Burn Rate Skyrockets 81% In One Day, Are The Bulls Back? Specifically, the co-founder lauded the thriving rollup ecosystem in Ethereum, saying it is “by far the largest and most successful.” As of September 30, L2Beat data shows that the layer-2 ecosystem in Ethereum manages over $38 billion, with Arbitrum and Base among the largest platforms. Even as Base and other Ethereum layer-2 platforms draw activity, ETH, the native currency, is struggling for momentum. The daily chart shows bulls have yet to break above $2,800, although support remains at $2,400. Dwindling upside momentum has been partly blamed on the proliferation of layer-2 scaling solutions. The network becomes inflationary as more activity is re-routed off-chain, and enhancements like Dencun are activated to make layer-2 transactions even cheaper. Looking at Ultra Sound Money, fewer ETH are not being torched. Feature image from DALLE, chart from TradingView
With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump.
Bitcoin exchange app popularity is the latest sign that crypto is seeing a retail renaissance in the US.
Bitcoin is up 22% in the last three weeks as demand from U.S. investors gradually increased, pushing prices above pre-August crash levels.
Coinbase’s newly launched wrapped Bitcoin token, cbBTC, has emerged as the dominant force in the wrapped BTC market. Data from Intotheblock showed that the token now accounts for a whopping 49% of the total wrapped Bitcoin volume, outperforming all other competitors. This remarkable achievement was accomplished in just two weeks. cbBTC’s meteoric rise is attributed […]
In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification of which crypto assets are securities.
21.co, the parent company of asset management firm 21Shares, has integrated Chainlink Proof of Reserve on the Ethereum and Solana mainnet to bolster transparency of its wrapped Bitcoin product, 21BTC, according to a Sept. 23 statement. The company will use Chainlink’s Proof of Reserve through its digital asset platform, Onyx, to automate real-time reserve verification to […]
The post 21.co integrates Chainlink to enhance 21BTC transparency via real-time Proof-of-Reserves appeared first on CryptoSlate.
The trader moved 70,000 ETH to Kraken in March 2024, securing $214 million, while still holding 26,639 ETH.
Coinbase's liability for cbBTC-related losses does not extend to covering external losses from trades or leveraged positions.
BlackRock and ETFs have saved BTCs price from the abyss repeatedly, according to Bloombergs senior ETF analyst.
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