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Meme coins Pepe (PEPE) and Dogwifhat (WIF) skyrocketed after leading US crypto exchange Coinbase announced their listings, while the Pepe Unchained (PEPU) launch date was confirmed by the team that’s aiming to knock Pepe coin off its perch. Assets added to the roadmap today: dogwifhat (WIF)https://t.co/rRB9d3hSr2 — Coinbase Assets 🛡️ (@CoinbaseAssets) November 13, 2024 In a Nov. 13 post on X, Coinbase shared a blog post announcing the listings of both PEPE and WIF, sending the meme coins into orbit. The development coincided with news that the Pepe Unchained presale would end in less than 30 days with listings thereafter on tier 1 exchanges. The Pepe Unchained meme coin is a new, upgraded version of PEPE coin that aims to dethrone PEPE as the top frog-themed meme coin. It comes with its own blockchain and a platform for launching meme coins that is also seen as a challenger to Solana’s Pump.fun. WIF And PEPE Go Ballistic On Coinbase Listings As Meme Coins Surge PEPE’s price s

Coinbase is the custodian of eight of the 11 approved Bitcoin ETFs, and several blockchain specialists and ETF consultants have raised concerns about this high concentration on one platform. The extensive involvement of Coinbase in these ETFs extends beyond mere custodianship. The digital-asset exchange is poised to provide a comprehensive suite of services, encompassing custodial, trading, and lending functions, to prominent players like BlackRock. However, this concentration of responsibilities within a single entity, Coinbase, is sparking concerns among experts in the blockchain and ETF sectors.  This is a horrendous level of centralization within the proposed Bitcoin ETFs. It seems Fidelity @DigitalAssets is the only one doing it right. pic.twitter.com/YhpC0DHl62 — Jameson Lopp (@lopp) December 3, 2023 Notably, the SEC has expressed reservations about the risk concentration created by Coinbases’s custody of all major ETFs. The SEC has engaged in a legal confrontation with

Today’s Weekly Recap dives into U.S. regulators’ rejecting Coinbase’s petition for clear rules; the Ledger hack; SafeMoon’s bankrupt cy; former U.S. President Donald Trump’s new NFTs; and the massive breach at NFT Trader. Regulatory efforts One of the highlights this week was a slew of events related to crypto regulations. Chairperson of the U.S. CFTC Rostin Behnam claimed in a CNBC interview on Dec. 12 that most crypto assets are commodities under existing laws, as opposed to the SEC’s stance. Stablecoin issuer Tether reaffirmed its readiness to work with U.S. authorities in a letter shared with the U.S. Congress. The firm confirmed its emphasis on robust AML measures and proper KYC procedures to mitigate illegal financing. Recall that the SEC argued last week that Binance’s admission of guilt in a Department of Justice lawsuit meant that the company was also guilty of the charges the agency leveled against it. Binance replied to this argument this week, claiming it was err

Layer-2 network Base has announced the open sourcing of its code repositories and smart contracts as part of its quest to build "in the open.” Coinbase layer-2 network Base has announced it has open- source d its code repositories and smart contracts to increase transparency and accountability while simultaneously allowing public contributions to the project.  In an Oct. 19 blog post, Base announced that as of today, developers would be granted full access to the network’s codebase. One of Base’s core values is building in the open We believe this is foundational to building an onchain ecosystem, creating accountability, and enabling collaboration In this spirit, we’ve open source d our smart contract and GitHub reposhttps://t.co/UOgGpNXyFL — Base ️ (@BuildOnBase) October 19, 2023 “By sharing our work openly, we enable the community to track our progress and ensure that we're living up to our commitments.” “Open source is a win-win for our onchain future. Builders get acc

The "Onchain Summer" promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August. Base network’s “Onchain Summer” promotion in August resulted in over 700,000 non-fungible tokens (NFTs) minted by over 268,000 unique wallets, according to a Sept. 6 announcement from the team. Coinbase launched Base, its Ethereum layer-2, on Aug. 9. To spur adoption, the network’s team implemented a month-long launch event. It partnered with over 50 companies, artists, and creators to release new digital art NFTs exclusively on Base. Each art set was released on a different date, requiring users to return to the network repeatedly to collect every piece. Over the first two weeks of the promotion, over $242 million worth of crypto was bridged to Base, with over 130,000 unique wallets using it each day. The final NFT set was released on Aug. 31; it will continue to be mintable until Sept. 7. Meanwhile, the Base team has released more detailed informa

Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version. Circle’s United States dollar stablecoin, USDC, will launch natively on the Base network “next week,” according to an Aug. 29 social media post from CEO Jeremy Allaire. The new version will replace the current US Dollar Base Coin (USDbC) that most users rely on as a substitute. Native $USDC on @BuildOnBase. Coming next week. #StableSeptember. Let's go! https://t.co/oqfI0ZZhCn — Jeremy Allaire (@jerallaire) August 29, 2023 Coinbase’s Base network launched on Aug. 9. At the time, no native version of USDC existed on the network. Users could not deposit cash into a Circle account and receive equivalent USDC on Base. To solve this problem, the Base team allowed users to bridge USDC from Ethereum via an official bridge app. The token issued by the bridge is called “USDbC,” and is backed by native USDC locked on the Ethereum network.

This week, Coinbase expanded. Shiba Inu’s Shibarium had a rough debut, while crypto adoption maintained momentum, with the Fed and Coca-Cola grabbing headlines. Meanwhile, the crypto market saw significant liquidations. Coinbase extends services to Canadians Coinbase warmly embraced its northern neighbors, throwing open its doors to the citizens of Canada. Starting on Aug. 14, the San Francisco-based exchange extended its services to Canadians. The decision came with an innovation: a partnership with People’s Trust Company to integrate Interac e-Transfers. This strategic move is poised to optimize transaction efficiency for users in Canada. In an additional stride, the exchange unveiled the exclusive “Coinbase One” membership for fresh Canadian sign-ups, presenting them with a 30-day trial window to delve into the offerings of the platform. Days after entering Canada, Coinbase revealed its future plans for certain stablecoins in the Canadian market. Starting September 2023, USDT,

Coinbase will re-enable trading for XRP (XRP) on the XRP network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset remain available on @Coinbase & @CoinbaseExch in the regions where trading is supported. advertisement — Coinbase Assets 🛡️ (@ Coinbase Assets) July 13, 2023 Coinbase Pledges Allegiance to XRP Coinbase , the biggest crypto trading platform in the United States said it “will re-enable trading for XRP ( XRP ) on the XRP network.” Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s

Coinbase has recently announced in one of their recent tweets that the exchange is planning to suspend the trading of Binance USD ( BUSD ). The exchange mentioned that trading will be suspended on March 13, 2023, at or around 12:00 p.m. EST. We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent reviews, Coinbase will suspend trading for Binance USD ( BUSD ) on March 13, 2023, on or around 12pm ET. — Coinbase Assets (@CoinbaseAssets) February 27, 2023 The exact reason for the delisting has not been mentioned. However, Coinbase stated that they regularly monitored the assets on the exchange to ensure they met the listing standards. Also read: Shiba Inu Burn Rate Spikes by 2300%, 82 Million SHIB Burned Details from the tweet revealed that trading will be suspended on Coinbase.com for both simple and advanced trades, Coinbase Pro, Coinbase Exchange, and Prime. However, the exchange made it clear that the BUS