Exchanges
Coinbase says it will ban Russian users from its platform only if required by law
In light of recent belligerent sanctions against Russia, cryptocurrency exchanges remain adamant that they won't target Russian citizens.
Coinbase
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Culture
Coinbase’s Super Bowl QR code, site crash, scammy codes
Few, at least in the U.S, missed Coinbase's Super Bowl commercial featuring a QR code bouncing around the screen. The ad was so successful it forced Coinbase to throttle the site not to overwhelm it. But QR codes are also highly criticized.
Partnerships
Binance partners CAF, sponsors AFCON
Binance has revealed that it is the exclusive crypto partner of CAF in the ongoing AFCON tournament.
Investments
VCs invest $30 billion into crypto industry
Crypto investments from VCs have topped $30 billion within the last 12 months.
Exchanges
Kraken to join list of exchanges launching a NFT marketplace
Kraken’s CEO has hinted that the exchange could also be launching its own NFT marketplace soon.
DeFi
Coinbase finally introduces DeFi yield product, bars United States users
Coinbase users can earn DeFi yield rewards on their DAI holdings with the exchange.
Exchanges
“Decentralized” exchange dYdX suffers outage
Decentralized exchange, dYdX, suffered an outage due to its dependence on “centralization” for some of its operations.
NFTs
OpenSea wants to go public despite crypto community outcry
OpenSea new CFO has hinted that the crypto startup could be preparing to go public soon.
NFTs
FTX launches marketplace for easy Ethereum NFT trading
FTX, with its recent announcement, is the first NFT marketplace to support both Solana and Ethereum-based NFTs.
Technology
New Coinbase feature allows Bitcoin as collateral for up to $1 million cash loan
Coinbase users can borrow $1 million on the exchange using their BTC as collateral whilst paying as little as $10 monthly.
Adoption
Coinbase becomes official partner of NBA as crypto goes mainstream
Coinbase has signed a deal that looks to promote crypto popularity to the public with NBA.
Regulation
The US SEC is investigating crypto firm Circle over USDC product
Stablecoin issuer, Circle, has revealed that it is being investigated by the SEC.