Coinbase Working on ‘flatcoins’ that will be Tethered to Inflation

Coinbase Working on ‘flatcoins’ that will be Tethered to Inflation

Trade in cryptocurrencies Coinbase has been hard at work on a number of important projects, one of which is the development of inflation-pegged flatcoins that will be built on its recently released Layer-2 network Base. Flat coins are one of the four most important developments that Coinbase believes (1) will shape the future of cryptocurrency. … Read more

Amid The SVB Crisis, Attorney For Blockfi Describes the Crypto Lender As ‘Safe’

Amid The SVB Crisis, Attorney For Blockfi Describes the Crypto Lender As 'Safe'

A bankruptcy counsel for BlockFi argues that the cryptocurrency lender is secure and in no imminent danger, even though Silicon Bank has been exposed as a potential risk. Christine Okike, the attorney for the troubled corporation in New Jersey, indicated that the business has adequate finances to maintain normal operations even if it is currently … Read more

Amid Liquidity Concerns, Coinbase Has Suspended Trading Of BUSD

Amid Liquidity Concerns, Coinbase Has Suspended Trading Of BUSD

Coinbase also mentioned that consumers would have the choice to cash out their existing BUSD holdings at any time of their choosing. The cryptocurrency exchange, Coinbase has made it public (1) that trading in BUSD has been halted on its platform. We have disabled trading for Binance USD (BUSD). Your BUSD funds will remain accessible … Read more