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Coinbase to Suspend Trading for Binance USD Stablecoin

Coinbase will suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S. cryptocurrency exchange announced in a tweet Monday. The suspension affects Coinbase.com, Coinbase Pro, Coinbase Exchange and Coinbase Prime. Users will still be able to access their BUSD funds and withdraw them at any time, Coinbase said. Lumida CEO and co-founder Ram Ahluwalia shares his reaction and outlines potential regulatory implications.

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Markten

Crypto Broker Voyager Digital Nagpapadala ng $121M sa Crypto sa Mga Palitan, Nagbebenta ng Ether, Shiba Inu Holdings

Ang data ng transaksyon sa Blockchain ng Arkham Intelligence ay nagpapakita na ang Voyager Digital ay naglipat ng humigit-kumulang $121 milyon ng mga asset ng Crypto sa mga palitan noong Pebrero at nakatanggap ng humigit-kumulang $150 milyon sa mga USDC stablecoin sa huling apat na araw, malamang na nalikom mula sa mga benta.

(Arkham Intelligence)

Markten

Optimism DEX Velodrome Bumubuo ng Record Lingguhang Bayarin Kasunod ng Coinbase Announcement

Sinabi ng Coinbase noong nakaraang linggo na ilulunsad nito ang Base, isa pang layer na dalawang network na binuo gamit ang Optimism Technology.

(DALL-E/CoinDesk)

Markten

Ang Dami ng Kalakalan ng Coinbase ay Lumalampas sa Uniswap, na Sinasalungat ang mga Inaasahan para sa isang DEX Surge

Inaasahan ng maraming tagamasid sa merkado ang pagtaas ng paggamit ng mga desentralisadong palitan kasunod ng pagbagsak ng FTX, ngunit sinabi ng mga analyst na maraming DEX ang nag-aalok ng hindi gaanong user-friendly na karanasan kaysa sa mga sentralisadong karanasan.

(Kaiko)

Financiën

Suspindihin ng Coinbase ang Binance USD Stablecoin, Sinasabing T Ito Nakakatugon sa Mga Pamantayan ng Listahan

Ang pagsususpinde ay nakakaapekto sa Coinbase.com, Coinbase Pro, Coinbase Exchange at Coinbase PRIME.

(Unsplash)

Beleid

Ang Coinbase Insider Trading Case ng SEC ay 'Backdoor Rulemaking,' Sabi ng CEO ng Trade Association

"Piggyback" ng regulator ang insider trading case ng Justice Department at ginagamit ito bilang isang paraan upang tukuyin ang ilang mga token bilang mga securities, sinabi ni Perianne Boring, ang tagapagtatag ng Chamber of Digital Commerce, sa "First Mover."

Chamber of Digital Commerce founder and CEO Perianne Boring (CoinDesk archives)

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Unrelated BASE Token Surged Amid Coinbase Layer 2 Network Launch

Base Protocol’s BASE tokens jumped, then dumped, in the past 24 hours following an announcement by crypto exchange Coinbase about the launch of its layer 2 blockchain Base. As of Friday, Coinbase has explicitly stated it has no plans to launch a token for its new blockchain. "The Hash" panel discusses what's behind the BASE rally.

CoinDesk placeholder image

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Bitcoin Slips Below $24K Amid New Inflation Data; Coinbase’s New Layer 2 Blockchain Has Rocky Rollout

Bitcoin (BTC) failed to recapture the $24,000 support level following the release of the personal consumption expenditure (PCE) index, also referred to as the Fed's favorite inflation gauge. Plus, crypto exchange Coinbase’s new layer 2 blockchain Base had a rough start on Thursday, drawing a stream of complaints from users on social media.

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Video's

Chamber of Digital Commerce CEO Reacts to Coinbase Insider Trading Case

The Chamber of Digital Commerce Founder and CEO Perianne Boring joins "First Mover" to discuss why the crypto lobbying group is urging a federal court to dismiss a case against an ex-Coinbase staffer, arguing it unfairly labels several cryptocurrencies as securities. A blog post from the group reads in part that the litigation between the SEC vs. Wahi "is an unprecedented, stealth attempt to expand the agency’s jurisdictional reach." Boring told CDTV's First Mover, "we see this action as seriously concerning and would have significant ramifications for the digital asset industry."

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Markten

First Mover Americas: Coinbase's New Layer 2 Network Off to Shaky Start

Ang pinakabagong mga paggalaw ng presyo sa mga Crypto Markets sa konteksto para sa Peb. 24, 2023.

Coinbase's new layer 2 network experienced technical difficulties on its first day. (Coinbase)