Some of the biggest crypto exchanges operating in India have disabled the option to deposit fiat via the United Payments Interface (UPI) amid regulatory uncertainty after its operator denied knowledge of its use by crypto firms, Reuters reported, citing an industry source. The list of exchanges includes Coinbase, CoinSwitch Kuber, and WazirX. Authorities say crypto firms…
Coinbase has announced that it’s considering listing new tokens on its platform, but that’s not the news; popular crypto guy Cobie discovered an Ethereum address that bought roughly $400,000 worth of the listed tokens 24 hours before the exchange’s announcement. Found an ETH address that bought hundreds of thousands of dollars of tokens exclusively featured in…
Market data aggregator CryptoCompare has named Coinbase the most transparent and accountable crypto exchange in the world, per the firm’s latest report that ranked 150 trading platforms. According to CryptoCompare’s researchers, the Brian Armstrong-led exchange is closely followed by crypto platforms such as Gemini, Binance, and Bitstamp. /1 Today, we are delighted to release our #ExchangeBenchmark…
With a market cap of over $2 trillion, crypto has given birth to several billionaires since the first Bitcoin was mined. Although anonymity makes it difficult to determine who has what, a new report from Forbes has revealed some of the richest people in crypto and what they are worth. Topping the list is Binance…
The new crypto tax regime in India has finally gone into effect, and it appears to be affecting the trading volume in the country. Media reports from the country suggest that trading volumes on crypto exchanges have dropped by an average of 15% within the first three days of the month. Not only that, but…
Coinbase unveiled that it will be significantly expanding its presence in India, growing both its employees and investments in the country. Brian Armstrong, the CEO of Coinbase, laid out the company’s strategy in a blog post, saying that India has already built a robust identity and digital payments infrastructure that can be further accelerated with…
Coinbase Cloud announced yesterday that it had launched a new suite of tools for Avalanche blockchain. The crypto exchange, through its cloud services, provides APIs, infrastructures, and solutions to developers in the Web3 space. Coinbase Cloud now supports Avalanche Judging by this announcement, it means Coinbase Cloud has now become a public validator, and AVAX…
Leading US-based crypto exchange, Coinbase has added support for Solana to its self custody wallet. This means that Coinbase wallet will now be able to support Solana tokens, including SOL and all other SPL tokens supported by the network. However, this support is currently available only for the browser extension of Coinbase Wallet. The exchange…
Are we in for a crash like the one hitting the crypto market two years ago? There’s certainly no shortage of storm clouds on the horizon. The uncertainty associated with the many macro- and geopolitical risks has weakened shorter-term on-chain accumulation trends since January, according to on-chain analysts Glassnode. To read the rest of this…
Did an institution just invest $1.17 billion in bitcoin (BTC)? It sure looks so judging by three crypto transactions moving massive amounts of BTC from a wallet held by Coinbase Pro, to an anonymous bitcoin wallet. The three transactions were detected by the popular crypto tracking service Whale Alert and announced in a series of…