Brian Armstrong, CEO of US-based cryptocurrency exchange Coinbase, has endorsed plans for global leaders to create Bitcoin strategic reserves. In a Jan. 17 blog post on “economic freedom,” Armstrong said cryptocurrencies were ”the next chapter capitalism,
XRP, the third-largest cryptocurrency by market value, has replaced bitcoin (BTC) as the most-traded digital asset on Coinbase (COIN), the
Coinbase CEO Brian Armstrong proposes a US Bitcoin reserve for strategic economic advantage amid growing policy discussions.
Coinbase's setup caps each borrow at $100,000 in USDC. To borrow that much money customers will need to post more than that amount of bitcoin. Morpho will start liquidating the collateral if the loan-to-value ratio flies too close to the sun.
Stars cannot align more positively for crypto in the U.S., the world's largest economy, if the latest media reports are anything to go by. Still,
Coinbase Exchange is backing the idea of a strategic Bitcoin reserve as CEO Brian Armstrong noting that the coin is "economic freedom"
Furthermore, instead of issuing these loans on a blockchain even remotely related to Bitcoin (such as Bitcoin sidechains or Bitcoin L2s), Coinbase is issuing them through Morpho Labs, a DeFi platform best described as an AAVE competitor. While Morpho is a well-established platform—and I don’t doubt its security—it has no connection to Bitcoin.
On Monday, the U.S. Court of Appeals for the Third Circuit issued the attached opinion requiring the SEC to provide a more complete explanation
XRP is now the most traded digital currency on Coinbase, beating Bitcoin as investor sentiment jumped remarkably in the US.
Coinbase’s Bitcoin-backed USDC loans offer tax-efficient borrowing but draw mixed reviews over centralization and liquidation risks.
At 24 years old, Pryce Yebesi already has one exit: selling his crypto invoicing company Utopia Labs to Coinbase for an undisclosed amount. Some
A federal appeals court says the U.S. Securities and Exchange Commission needs to better explain why it turned down a request from Coinbase to develop regulations to cover the booming crypto asset sector — although the judges stopped short of reversing the agency's decision.