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JPMorgan Claims Bigger Revenue Opportunity for Coinbase With Ethereum Staking

Analysts of prominent investment bank JPMorgan believe that Coinbase will be meaningfully benefitted from the upcoming Merge. In a note to the clients on Wednesday, analyst Kenneth Worthington said that the…

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Coinbase CEO Would Shutdown ETH Staking Service if Asked to Bend to Regulators

Brian Armstrong – CEO of Coinbase – stated on Thursday that he would refuse to censor the Ethereum blockchain using his platform’s concentrated stake in the protocol.  If compelled by…

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Coinbase Could Be a Material ‘Beneficiary’ of Ethereum’s Merge Transition, JPMorgan Analyst Says

JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K…

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Coinbase Plans to Halt Ethereum Deposits and Withdrawals During the Merge

Coinbase – the largest cryptocurrency exchange in the United States – will temporarily suspend Ethereum-based deposits and withdrawals during September’s “merge” upgrade.  The exchange posted a blog post on Tuesday…

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Coinbase will ‘briefly pause’ ETH and ERC-20 token deposits and withdrawals during Ethereum Merge

The crypto exchange also warned users against scammers offering ETH2 tokens, saying users did not need to take additional action to receive staked ETH prior to the Merge.

Continue ReadingCoinbase will ‘briefly pause’ ETH and ERC-20 token deposits and withdrawals during Ethereum Merge