Bitcoinist·
Cryptocurrency exchange Coinbase has launched direct deposit and withdrawal rails for the Indian Rupee (INR), continuing its push into India. Coinbase Users In India Can Now Make Direct INR Netflows According to a website announcement, Coinbase has expanded its offerings in India, allowing users to directly interact with the platform through the nation’s official fiat […]
Read full articleCoinbase invested in Proshares’ GENIUS Money Market ETF as stablecoin reserve standards evolve. The fund uses short-term U.S. Treasurys, cash, and cash equivalents, giving issuers another compliance-focused option for backing payment stablecoins. Coinbase’s IQMM Investment Points to a New Reserve Era for Stablecoins Crypto exchange Coinbase Global Inc. (Nasdaq: COIN) announced on June 2 that […]
Coinbase Ventures has purchased ENA tokens on the open market as Coinbase and Ethena prepare a new partnership focused on on-chain finance and savings products. Ethena said in an official X post on Tuesday that Coinbase Ventures made its first…
Coinbase Ventures bought ENA as Coinbase expanded its Ethena partnership across custody, wallets, perps, and USDe access. The post Coinbase buys ENA stake as Ethena token jumps 15% on expanded partnership appeared first on Crypto Briefing.
Coinbase has invested in ProShares’ GENIUS Money Market ETF as stablecoin issuers prepare for stricter reserve rules under the GENIUS Act. BlockBeats reported on June 2 that Coinbase will invest in the ProShares fund, known by the ticker IQMM. The…
The exchange's venture arm bought ENA tokens directly on the open market rather than through a private round, the first such disclosed purchase, alongside a partnership to push Ethena's onchain dollar and savings products into Coinbase's userbase.
Mt. Gox moved 10,306 BTC (~$739M) from cold wallets for the first time in over two months. The transfer sparked speculation that creditor repayments may soon begin, potentially pressuring Bitcoin prices. Mt. Gox still holds 34,504 BTC worth ~$2.41B across its wallets. Cryptocurrency exchange Mt. Gox just made a huge on-chain transfer of digital assets. […] The post Mt. Gox’s $739M Bitcoin Transfer Sparks Fresh Market Questions appeared first on Live Bitcoin News.
Coinbase invests in ProShares IQMM ETF to support GENIUS Act stablecoin reserves as demand for compliant infrastructure grows. The post Coinbase expands stablecoin push with investment in ProShares’ IQMM ETF appeared first on Crypto Briefing.
From India and Africa to Europe, countries not yet in the AI supply chain risk mass job losses, losing the tax revenue needed to deal with the tech’s fallout Business live – AI to drive up UK youth unemployment The San Francisco Bay Area is in the midst of an AI frenzy that makes the California gold rush of the mid-19th century look like a scavenger hunt. Top programmers and developers are being offered compensation packages worth hundreds of millions of dollars to switch firms, while young engineers lucky enough to have joined leading AI startups early are contemplating retirement before age 35. Driving up the Bayshore Freeway from San Francisco International airport into the city, you pass hyper-specific billboards advertising obscure AI applications seemingly aimed at absurdly niche audiences. How can that possibly be profitable? The answer is that in a city crawling with startups, getting the right software product in front of a founder whose company could soon be worth billions
