Bitcoin24h $94,665.97+1.52%

Ethereum24h $1,794.51+1.88%

XRP24h $2.19+0.33%

BNB24h $601.54-0.37%

Solana24h $151.02-0.36%

Dogecoin24h $0.1856+2.83%

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TRON24h $0.2435-0.10%

Sui24h $3.63+7.87%

Chainlink24h $15.05+0.64%

Coinbase pitches “inflation-proof” flatcoins against struggling USDC

Despite years of cheerleading for USDC alone, Coinbase wants to diversify into flatcoins and other stablecoins on its Ethereum Layer 2, Base.

Coinbase execs have sold 9 times more stock than they’ve bought in 2023

Since late December, Coinbase insiders have sold more than 500K shares for just over $26 million while only 57K shares have been bought.

An anonymous source claims Coinbase was about to bail out its partner Circle to bring stablecoin USDC back up to $1 during SVB’s bank-run.

Bloomberg reports crypto platform Coinbase is looking to spread its wings after the US has become a difficult place to operate.

One-third of all staked Ethereum is pooled within liquid staking services like Coinbase, Lido, RocketPool, StakeWise, and Frax.