Bitcoin24h $110,244.51+0.21%

Ethereum24h $3,890.08+0.29%

BNB24h $1,100.02-2.47%

XRP24h $2.48+3.05%

Solana24h $189.86-0.60%

Dogecoin24h $0.1948-0.50%

TRON24h $0.3056-3.00%

Cardano24h $0.6452+0.31%

Hyperliquid24h $39.17-2.18%

Chainlink24h $17.57+0.73%

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.