ChainCatcher news, just days after South Carolina dismissed its staking lawsuit against cryptocurrency exchange Coinbase, Kentucky has become the third state to withdraw such a lawsuit, following Vermont. Kentucky's financial regulators submitted a joint motion to dismiss on Monday, officially ending the legal action against Coinbase's staking services. The service had previously been accused of violating state securities laws.Coinbase's Chief Legal Officer Paul Grewal stated on the X platform: "Congress needs to pass the federal market structure bill as soon as possible to end this litigation-driven, state-by-state regulatory approach."

ChainCatcher news, according to on-chain analyst The Data Nerd, approximately four hours ago, an address (0xbfa) transferred 3,732 ETH to Coinbase exchange, worth about 6.82 million USD.The address previously held 15,700 ETH with an average purchase price of 2,313 USD. If sold at the current price, it would face an unrealized loss of about 1.81 million USD.

ChainCatcher message, Coinbase will add support for Doginme (DOGINME) and Keyboard Cat (KEYCAT) on the Base network.If liquidity conditions are met, trading will begin on April 1, 2025, at or after 9 AM Pacific Time.

ChainCatcher message, Coinbase CEO Brian Armstrong stated on social media, "U.S. stablecoin legislation should allow consumers to earn interest on stablecoins. The government should not favor one industry over another, but should allow both banks and crypto companies to share interest with consumers and incentivize them to do so.Stablecoins have found product-market fit by digitizing the dollar and other fiat currencies, but we have yet to unlock a key component that would allow ordinary people and the U.S. economy to fully benefit: on-chain interest."

ChainCatcher news, according to Crypto in America, the U.S. cryptocurrency exchange Coinbase is still pursuing a Freedom of Information Act (FOIA) lawsuit against the Federal Deposit Insurance Corporation (FDIC), despite the regulator's recent shift towards a more lenient stance on cryptocurrency.

ChainCatcher news, U.S. stock cryptocurrency concept stocks fell before the market, among which:Strategy down 4.00%;Coinbase down 3.54%;MARA Holdings down 3.69%;Riot Platforms down 3.37%.

ChainCatcher news, according to the latest data from CoinGecko, among the top five CEXs by overall ranking, Binance ranks first with a 24-hour spot trading volume of $10.043 billion, followed by Bitget ($1.826 billion), OKX ($1.804 billion), Bybit ($1.783 billion), and Coinbase ($1.427 billion).

ChainCatcher news, a MailOnline investigation shows that since April 2024, UK authorities have frozen illegal cryptocurrency assets worth approximately $7.7 million (£6 million).Last year, the UK revised relevant regulations, granting the National Crime Agency (NCA) and police special powers to freeze, seize, and destroy cryptocurrencies associated with crime and criminals. These powers allow the police to freeze cryptocurrency wallets for up to three years. If the court is convinced that these funds originate from illegal sources or will be used for criminal purposes, officials can also seize these assets. This special power also enables law enforcement to seize any cryptocurrency wallets suspected of being linked to criminal organizations without the need for an arrest. Authorities have also been granted the power to destroy these assets if they believe that reintroducing the seized cryptocurrency into circulation "is not in the public interest." This may include privacy coins commonly used by criminals to obscure the source of funds.According to court documents analyzed by MailOnline, the largest freezing order was issued for a wallet held on Coinbase. This wallet contains tokens worth $1.94 million (£1.5 million). The freezing order was issued by the Newcastle upon Tyne Magistrates' Court on March 18. The court order was applied for by HM Revenue and Customs (HMRC), indicating that the case may be related to tax evasion. The identity of the wallet owner remains a mystery.

ChainCatcher message, in response to the crypto KOL Ice Frog questioning Movement Labs' deposit of 17.15 million MOVE to Coinbase, Movement co-founder Rushi stated in the comments that this is a transaction for the upcoming institutional products (such as ETP/ETF) and corresponding loans, and it will not be sold or transferred.

ChainCatcher message, according to Onchain Lens monitoring, Movement deposited 17.15 million MOVE to Coinbase in the past 10 minutes, approximately 7.74 million USD. In the past 2 days, they have sent a total of 24.15 million MOVE to Coinbase, approximately 11.03 million USD.

ChainCatcher news, according to Onchain Lens monitoring, 5 hours ago, a certain whale withdrew 4.49 million MOVE from Coinbase Prime, worth approximately 2.11 million dollars.So far, this whale has accumulated 5.16 million MOVE, worth approximately 2.41 million dollars.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa monitoring, the Movement treasury associated address deposited 7 million MOVE to Coinbase 4 hours ago, worth 3.3 million USD.The upper address of the deposit address has previously interacted with Flow Traders, but it is still uncertain whether it belongs to that market maker.

ChainCatcher news, according to the official announcement, Coinbase has added Keyboard Cat (KEYCAT) to the listing roadmap.

ChainCatcher news, according to the official announcement, Coinbase International will launch L3 and FAI perpetual contracts.

ChainCatcher news, according to Onchain Lens monitoring, a whale deposited 659,415 LINK into Coinbase, worth 9.42 million dollars, with a profit of 3.53 million dollars. Over the past two years, this whale has withdrawn LINK worth 5.85 million dollars.

ChainCatcher news, according to the official announcement, Coinbase, Inc. has obtained a license from the New York State Department of Financial Services to engage in virtual currency business activities.

ChainCatcher news, "Wood Sister" Cathie Wood's ARK Invest currently holds over $550 million worth of Coinbase shares through three ETFs, including: ARKK ($390.2 million), ARKW ($91.4 million), ARKF ($70.2 million).

ChainCatcher message, on-chain detective ZachXBT posted in the official channel: "I suspect that a Coinbase user was scammed out of $34.9 million (400.099 BTC) yesterday.After discovering this scam, I noticed that there have been multiple suspected cases of Coinbase users being scammed in the past two weeks. The funds from each theft were transferred from Bitcoin to Ethereum via Thorchain / Chainflip and exchanged for DAI.Despite these scam addresses appearing in the funds of multiple victims, Coinbase has not flagged these addresses in its compliance tools."

ChainCatcher news, Coinbase's cryptography lead Yehuda Lindell tweeted that Coinbase has released an open-source cryptographic library for the MPC engine, supporting ECDSA and Schnorr/EdDSA protocols for both two-party and multi-party signatures, and providing tools such as DKG and backups. The code includes foundational primitives like commitments, random oracles, and secret sharing, as well as oblivious transfer and a series of ZK proofs, suitable for threshold signature tasks.