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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Coinbase has reported a significant reduction in net loss during the first quarter of 2023, as robust earnings from retail investor trading activity helped boost revenues. Coinbase significantly reduced its net loss in Q1 2023,
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According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and Exchange Commission (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval of Coinbase’s registration statement was done to ensure the latter
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The crypto exchange referred back to a 2022 petition asking for formal rulemaking within the digital assets sector, to which the SEC is yet to respond. The 10-day deadline ordered this week refers to the SEC's requirement to provide a legal basis for why it has not responded to the
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The OpenZeppelin Defender smart contract security platform has now integrated with Coinbase’s Base network, allowing Web3 app developers on Base to automate security tasks.According to an April 19 announcement from blockchain cybersecurity firm OpenZeppelin, app developers on Base can now use the Defender software to create multi-signature admin contracts and
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The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted. Source
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Masa Finance’s soulbound tokens will soon be available on Coinbase’s Base network, according to an April 4 announcement from Masa Finance. The new tokens will allow users to link identifying and reputational characteristics to their wallet addresses, making credit underwriting possible on the blockchain, the company said.@getmasafi to Launch Soulbound
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Whilst the majority of GMX forum users were in favor of the exchange becoming a "first mover" on Base, others had concerns over whether the project's pseudonymous founders would need to submit identification documents to Coinbase in line with anti-money laundering regulations. Source
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Base, an ethereum L2 solution has secured a partnership with Chainlink to integrate the latter’s price feeds into the Base testnet. Chainlink price feeds go live on Base Base, a new ethereum L2 solution developed by Coinbase, has integrated Chainlink to provide secure, off-chain price feeds for decentralized application developers in the
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“By reducing the operating costs of oracle nodes, Base will be able to bootstrap its ecosystem’s growth and become a more attractive environment for building secure and scalable Web3 apps,” Niki Ariyasinghe, Chainlink Labs' global head of blockchain partnerships, said in a statement on Friday. Source
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