Tag: #coinbase

1.35 Million SOL (~$84M) Transferred to Address Labeled 'Coinbase Institutional'

On June 6, Whale Alert recorded 1,349,999 SOL (about $84M) moved to an address it labels 'Coinbase Institutional', a transaction traders watch.

#crypto, #solana, #coinbase, #whalealert

CFTC Staff Says Some Deribit Perpetuals Can Be Treated as Foreign Futures; Coinbase Subsidiary Gets Conditional No-Action Relief

CFTC staff says Deribit perpetuals may qualify as foreign futures and grants Coinbase Financial Markets conditional relief to post customer crypto as margin.

$COIN, #cftc, #coinbase, #crypto, #deribit

4,180 BTC ($304.7M) Transferred From Addresses Labeled 'Coinbase Institutional' to New Wallet

Blockchain tracker Whale Alert flagged a May 28 transfer of 4,180 BTC (about $304.7M) from addresses labeled 'Coinbase Institutional' to a new unknown wallet.

$COIN, #bitcoin, #coinbase, #cryptocurrency, #whalealert

Coinbase to cut about 700 jobs, citing market weakness and an ‘AI era’ restructure

Coinbase will cut about 700 jobs—roughly 14%—and take $50–60M in restructuring charges amid weak crypto markets and a shift toward AI.

$COIN, #coinbase, #layoffs, #crypto, #restructuring

BlackRock Launches Staked Ethereum Trust, Bringing On-Chain Yield to Wall Street

BlackRock’s new Nasdaq-traded ETHB trust offers spot ether exposure plus staking rewards via Coinbase, testing a new regulatory and tax template.

#ethereum, #blackrock, #etf, #staking, #coinbase