Coinbase says it has no exposure to Genesis, touts ‘strong capital position’
In light of recent events, Coinbase tweeted to clarify its strong capital position.
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Read Coinbase news, including earnings, legal cases, product launches, listings, policy advocacy, and exchange market developments.
In light of recent events, Coinbase tweeted to clarify its strong capital position.
Zeynep Geylan 2 min read
Their liabilities are evaluated as a part of an audit and are included in the proof-of-reserves.
USDT, USDC, DAI all drop below $1 as market forces effect stablecoins across the industry
Brian Armstrong made a strong statement claiming FTX took part in "conflicts of interest between deeply intertwined entities"
As Lebanon's economy struggles and people lose trust in banks, they are relying on Bitcoin and Tether to store funds and make payments.
Rampant speculation and an influx of VC funding can be seen across both the dot-com bubble and post-COVID-19 bubble. Is crypto ready for a revolution similar to the early 2000s?
Coinbase noted that trading volume has been shifting away from the U.S. as its U.S. monthly volume was down more than 50% at the end of September compared to January.
According to the exchange, the SEC action forced U.S.-based exchanges to delist XRP, causing retail customers significant losses as the coin's market cap declined.
Roughly $2.5 billion worth of Bitcoin left Binance marketplace over the weekend, which is the largest purchase of 2022.