More Selling? Bankrupt Voyager Sends Millions In SHIB And ETH To Coinbase

Voyager Digital has been busy in recent months as it looks to sell its remaining crypto holdings on centralized exchanges. In its latest move, the bankrupt crypto brokerage has transferred millions in SHIB and ETH to Coinbase. According to on-chain data, Voyager moved SHIB and ETH tokens to Coinbase’s ledger on Friday, August 11. Millions In SHIB And ETH Transferred To Coinbase By Voyager Voyager has been selling off assets since the beginning of the year. Specifically, the latest on-chain transactions show that Voyager moved a total of $5.5 million…

Senator Lummis shows support for Coinbase against SEC

Senator Cynthia Lummis of Wyoming filed a brief supporting Coinbase’s request to dismiss a case against it by the U.S. Securities and Exchange Commission (SEC). Lummis, a Republican, reiterated her support of the crypto industry by submitting an amicus brief in solidarity with Coinbase. 🇺🇸📝 Senator Cynthia Lummis backs Coinbase in its legal dispute with the SEC, filing an Amicus Brief, as reported by Cryptox. She asserts that the SEC’s actions are aimed at consolidating control within the industry, sidestepping ongoing cryptocurrency jurisdiction reviews… — BitcoinWorld (@ItsBitcoinWorld) August 12, 2023…

Bankrupt Voyager moves massive amount of crypto to Coinbase

Cryptocurrency firm Voyager transferred digital assets to Coinbase, as part of a significant stride toward finalizing its monetary obligations.  The Singapore-based company orchestrated the transfer of 1500 Ether (ETH), equating to a value of $2.77 million — alongside 250 billion SHIB tokens amounting to $2.7 million — to Coinbase. The move arrives amidst Voyager’s ongoing proceedings, which have seen the company strategically shifting its remaining tokens from auxiliary addresses to primary ones. • 1 小时前,#Voyager 将 1500 $ETH($2.77M)、2500 亿 $SHIB($2.7M) 转入 Coinbase。• 另外 Voyager 正在将旗下钱包地址里的剩余代币全部归集到主地址。 Voyager 用户的加密货币索赔已结束,现在应该已开启最后的法币赔付流程:将剩余加密货币出售后向用户赔付美元。(此前 Voyager 用户可以在… https://t.co/ToeE3cnr3A…

The Coinbase layer-2 network reached 136k daily users

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase reached has reached 136,000 daily users following the announcement of its new blockchain. According to Dune Analytics, nearly 30% of the daily users on August 10 were new users, representing 42,000 of the total. On July 31, the company reached 60,000 new users. Coinbase’s layer-2 daily users | Source: Dune Analytics CryptoRank showed that Base currently stands in the 4th position for daily transactions, behind zkSync Era, Arbitrum and Optimism. Base Now Ranks 4th in…

Kraken Surges Ahead In Altcoin Liquidity, Overtaking Coinbase In US: Kaiko

The world of cryptocurrency exchanges, often clouded with volatility and competition, has recently been witnessing a distinct shift in dynamics, particularly as a Kraken is taking the lead in the US altcoin trading space. The latest data reveals Kraken, the California-based crypto exchange, is now dominating its rivals, specifically Coinbase, in the altcoin market. Dominating The Altcoin Trading Landscape Data analytics from crypto research firm Kaiko has highlighted Kraken’s emergence as the premier US crypto exchange for altcoin trading. With significant shifts in market depth percentages and a notable increase…

Coinbase layer-2 network Base hits 136,000 daily active users

Daily active users on Coinbase’s layer 2 blockchain have exceeded 100,000 for the first time, just the day following the official launch of the network. Dune Analytics figures from Aug. 10 show over 136,000 daily users, the highest daily number in its short history, which also coincides with the second day of its public release. Daily active users on Base. Source: Dune Around 30% of the daily users on Aug. 10 were new Base users, who amounted to nearly 42,000 — although the record stands at over 60,000 on July…

Is Coinbase Disillusioned With Crypto?

If you go by a handful of headlines and chatter on Crypto Twitter, you might think that the largest publicly-traded crypto exchange Coinbase now thinks bitcoin is about as valuable as a Beanie Baby. And forsooth, good man, woman or human! It is a comparison the exchange drew, in a formal legal document no less. Source