Coinbase acquires One River Digital Asset Management
A Coinbase subsidiary called Coinbase Asset Management will emerge from the acquisition to enhance the institutions' access to crypto assets.
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Read Coinbase news, including earnings, legal cases, product launches, listings, policy advocacy, and exchange market developments.
A Coinbase subsidiary called Coinbase Asset Management will emerge from the acquisition to enhance the institutions' access to crypto assets.
Zeynep Geylan 2 min read
Coinbase has dropped Silvergate as its payment partner; urges Prime users to update their payment instructions to Signature Bank.
BUSD's balance on exchanges has dropped to under 10 billion within three months, according to Glassnode data.
The asset appears to be the first EUR stablecoin fully supported by the exchange.
Coinbase spent $3.4 million on lobbying activities in 2022, while Binance US and FTX US spent $960,000 and $720,000, respectively.
Crypto 435 intends to build a community of crypto advocates and empower them with tools and resources necessary to influence policy making in the U.S.
BUSD trading will stop around 12pm ET on March 13, 2023.
Crypto ownership is highest among younger Americans — 36% of Gen Z and 30% of Millennials reportedly owning crypto assets.
Chris Blec argued that Coinbase's newly announced product Base is a WEF play for CBDCs and a cashless society.