Tag: Coinbase

Coinbase Unveils Subscription Service ‘Coinbase One’ for Cryptocurrency Enthusiasts

boss

Coinbase, one of the leading cryptocurrency exchanges, has announced the launch of its subscription service, “Coinbase One,” which will be available in 35 countries. Initially, the service will roll out in the United Kingdom, Germany, and Ireland. Coinbase One aims to provide users with features, including zero-fee trading, enhanced staking rewards, and exclusive benefits through partnerships with industry players like Messari and CoinTracker. All these benefits will be accessible to subscribers for a monthly fee of $29.99. Coinbase plans to collaborate with partners such as Alto IRA, Blockworks’ Permissionless, and…

Coinbase One launches amid regulatory challenges

Coinbase launches its subscription service, Coinbase One, in 35 countries, signaling a shift in its revenue model amidst ongoing legal disputes with the U.S. Securities and Exchange Commission. Coinbase has announced the launch of Coinbase One, a new subscription service, in 35 countries worldwide, including the United States, United Kingdom, Germany, and Ireland. The initial roll-out is slated to expand to 31 more countries in the near future, though a specific timeline remains unclear. The shift towards a subscription-based model comes in the wake of challenges faced by Coinbase in…

Coinbase launches zero trading fee subscription service

boss

Cryptocurrency exchange Coinbase is set to launch its subscription service called “Coinbase One” across 35 countries. Initially, only customers in the United Kingdom, Germany and Ireland will have access to Coinbase One. According to the May 18 announcement, Coinbase One aims to provide features such as zero-fee trading, amplified staking rewards and exclusive benefits through partnerships with industry players such as Messari and CoinTracker for a monthly fee of $29.99. Furthermore, Coinbase plans to collaborate with other partners — such as Alto IRA (Individual Retirement Account), Blockworks’ Permissionless and Lemonade —…

Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability

boss

Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network. The United States-based cryptocurrency exchange’s cloud service will operate as a new node operator on the Chainlink network in a partnership set to improve the decentralization of the Web3 ecosystem.  Coinbase Cloud’s infrastructure already services several leading blockchains, including Ethereum, Solana, Algorand and Aptos. Chainlink node operators are integral to the network and are responsible for connecting smart contracts on different blockchains to data and systems. Related: Google Cloud broadens…

Coinbase debuts feeless USDC trading in Singapore

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange giant Coinbase has begun offering zero-fee USDC trading for users in Singapore. The initiative followed a survey showing an increasing level of crypto adoption. Coinbase announced the feeless USDC trading for its Singapore customers in a statement issued on May 16. Users will now be able to buy USDC stablecoin using Singapore Dollar deposits. This move expands Coinbase’s already existing zero-fee fiat deposits for Singapore users. Apart from zero-fee USDC trading, Coinbase says it…

Coinbase to Expand to Singapore as US SEC Denies Answerability

The firm also conducted a survey recently to asses the constructive stance of policymakers towards crypto and Web3 in Singapore. Crypto exchange Coinbase is looking into relocating to Singapore as the United States Securities and Exchange Commission rejects the company’s requests for regulatory clarity. The US SEC recently asked the judge to deny Coinbase’s bid to coerce the agency to answer Coinbase’s rulemaking petition. The petition was submitted last year asking for clarity on how securities laws applied to cryptocurrency. Last month, Coinbase filed a lawsuit against SEC asserting that…

Bitcoin worth $750m withdrawn from Coinbase

boss

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent event, an equivalent of $750 million worth of bitcoin was withdrawn from the cryptocurrency exchange Coinbase within a span of just 24 hours. Industry analysts have highlighted that this event is far from a common occurrence. Over the past year, according to analysts cited by a Russian crypto information channel only three transactions of a larger scale have been reported. Two of these coincided with market downturns: the collapse of Terra LUNA and…

Coinbase (COIN) Initiated at Hold Rating, Likely To Face Enforcement Action From SEC: Berenberg

At a minimum, these revenue sources likely would be targeted by the SEC in the enforcement action that we expect the commission to file soon,” analyst Mark Palmer wrote, adding that some of Coinbase’s other revenue streams, such as interest income from USD Coin (USDC) and custody, may also “get caught up in the SEC’s crypto-industry dragnet in the near future.” Source