Coinbase Pledges to ‘Evaluate’ Forked Ethereum Tokens in ‘Merge’ Policy Update

CryptoX – Cryptocurrency Analysis and News Portal The decision came after Binance, the world’s largest crypto exchange, also made room for forked tokens with plans to credit users’ accounts with alternatives from “the minority chain.” It, too, plans to review those tokens against the exchange’s listing policy before making them available to trade. Original Source The post Coinbase Pledges to ‘Evaluate’ Forked Ethereum Tokens in ‘Merge’ Policy Update appeared first on CryptoX. CryptoX Portal

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Coinbase, whose CEO called most politics a ‘distraction’, launches voter registration tool

Coinbase, a crypto exchange whose CEO previously said it doesn’t “advocate for any particular causes or candidates internally that are unrelated to our mission,” has launched a voter registration portal as part of a crypto policy education initiative. In a Thursday blog post, Coinbase chief policy officer Faryar Shirzad said the crypto exchange will offer users the opportunity to register to vote in the United States through a Capitol Canary website. According to the policy head, the voter registration tool was part of an initiative aimed at giving the crypto…

Binance, FTX Among Crypto Players in Hunt to Buy Bankrupt Voyager Digital’s Assets as Coinbase Backs Out: Sources

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Coinbase Wants You to Register to Vote (for Pro-Crypto Candidates)

Coinbase has long been active on Capitol Hill, but turned up the heat on its lobbying efforts earlier this year. In February, the publicly traded exchange filed to form a political action committee (PAC), the Coinbase Innovation PAC. An earlier attempt by Coinbase to form a PAC in 2018 was scuttled after 10 months without raising any money. Source

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Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge – Bitcoin News

The cryptocurrency exchange Coinbase has introduced a new liquid staking ethereum derivative token ahead of Ethereum’s proof-of-stake (PoS) upgrade. The new ERC20 utility token is called coinbase wrapped ethereum, or CBETH, and it will allow people to stake their ether in a non-custodial fashion or trade the tokens on the open market. Coinbase Reveals CBETH Liquid Staking Solution On August 24, Coinbase Global (Nasdaq: COIN) announced the launch of a new ERC20 token called coinbase wrapped ethereum (CBETH) roughly two weeks before the highly anticipated Ethereum upgrade known as The…

Coinbase eyes long-term growth of subscription revenue, NFTs still a focus

American cryptocurrency exchange Coinbase aims to grow revenue from subscriptions in the long term to combat potential profit margin compression. The firm’s founder and CEO Brian Armstrong delved into the long-term prospects of the American cryptocurrency exchange in a wide-ranging interview with CNBC’s Crypto World on Tuesday. A key talking point was the potential of lower revenues from fees in the future and how the company plans to preempt this possibility. Armstrong highlighted his belief that profit margin compression was bound to occur in the future as more exchanges and…