ChainCatcher news, according to Lookonchain monitoring, in the past 12 hours, 5 whale accounts have canceled the staking of 5.52 million SOL (810 million USD). Additionally, 3.54 million SOL (516 million USD) have been deposited into Coinbase Prime.

ChainCatcher news, U.S. Securities and Exchange Commission's crypto-friendly commissioner Hester Peirce stated that the SEC is addressing the case against Coinbase with bias. She personally does not support actions against Coinbase and is concerned that using enforcement tools to regulate the crypto industry could become part of a larger strategy for the SEC.Currently, the U.S. Securities and Exchange Commission has engaged with the public by establishing a cryptocurrency working group to create a regulatory framework that serves the American public. This new approach has led to the dismissal of charges against Coinbase, but it does not indicate that the SEC will terminate enforcement when appropriate.

ChainCatcher news, according to Arkham monitoring, about three hours ago, BlackRock transferred Bitcoin to Coinbase Prime again. Its Bitcoin exchange-traded fund IBIT transferred a total of 2397.232 BTC to the Coinbase Prime Deposit address, approximately 192.8 million USD.

ChainCatcher News, U.S. Securities and Exchange Commission Commissioner Caroline A. Crenshaw released "Crypto 2.0: Regulatory Whiplash," which points out that the enforcement action against Coinbase has damaged the credibility of the SEC's enforcement division, leading people to mistakenly believe that the enforcement resources are deployed based on election cycles or in favor of the wealthy, inviting criticism and sowing seeds of distrust in the government.The SEC's mission is to do the right thing for investors, issuers, and the capital markets.

ChainCatcher news, according to monitoring by lmk.fun, seven addresses withdrew over 77,000 ETH from Coinbase within 9 hours, worth approximately $170 million.

ChainCatcher News, SEC Commissioner Hester M. Peirce issued a statement saying that the SEC has officially withdrawn its civil enforcement action against Coinbase and will not take further action in this case. Peirce made it clear that she has never supported the case and criticized the SEC's previous reliance on enforcement actions to regulate the cryptocurrency industry, arguing that it harms the public interest in the United States, hinders industry development, and obstructs the normal functions of the SEC's professional policy team.Peirce pointed out that the SEC's broad application of the Howey test has led to regulatory ambiguity, making it difficult for compliant businesses to operate, while wrongdoers exploit regulatory gray areas to evade legal responsibilities. Furthermore, due to the lack of a clear regulatory framework, many cryptocurrency companies are forced to spend significant resources on legal defenses rather than on product innovation. She believes that the SEC's previous approach of making policy through enforcement not only misleads the industry but also prevents the policy team from effectively participating in the formulation of industry rules.She emphasized that the current SEC has established a "Crypto Task Force," empowering the policy team to take the lead in collaborating with the public to develop a regulatory framework applicable to the cryptocurrency industry. This withdrawal of the lawsuit does not mean that the SEC is abandoning enforcement; rather, it indicates that future regulation will focus on policy-making rather than solely relying on enforcement actions.

ChainCatcher news, according to market news, the U.S. Securities and Exchange Commission (SEC) has announced the dismissal of the civil enforcement action against Coinbase (COIN.O).The case dates back to June 2023 (two years after Coinbase went public), when the SEC sued Coinbase, accusing it of merging the three typically separate functions of broker, exchange, and clearinghouse, in violation of U.S. securities laws.

ChainCatcher news, according to Onchain Lens monitoring, in the past 30 minutes, BlackRock deposited 5,100 BTC worth $441.88 million and 30,280 ETH worth $71.85 million into Coinbase Prime.

ChainCatcher message, Coinbase Support tweeted that some customers reported experiencing delays in Retail, exchange, and advanced trading, as well as pending payments stagnation. The team has implemented a fix and is monitoring the results of the fix.

ChainCatcher news, according to The Block, Web3 infrastructure provider QuickNode has announced the launch of the "RollOut" accelerator program, with a scale of $65 million, aimed at supporting the next generation of Layer 2 projects. The program will kick off in March, providing participants with technical tools, funding support, and industry resources, with partners including Google, Coinbase Ventures, Dragonfly, Arbitrum, Chainlink, Fireblocks, and Protocol Labs among over 30 institutions.RollOut will last for eight weeks and will offer training in ecosystem building, community development, token economics, and market strategies, as well as providing data availability grants and security audit discounts for selected projects. QuickNode expects that by 2030, the Layer 2 market size could reach $1 trillion, hoping to incubate high-quality projects through this program to drive innovation in decentralized applications (dApps).

ChainCatcher news, according to the Coinbase Assets announcement, Coinbase has added Cookie DAO (COOKIE) to its listing roadmap.

ChainCatcher news, according to official sources, Coinbase will add support for Morpho (MORPHO) on the Ethereum (ERC-20 tokens) and Base networks. If liquidity conditions are met, trading will begin on February 27, 2025, at 9 AM (Pacific Time) or later.Once the supply of the asset is sufficient, the MORPHO-USD trading pair will be launched in phases. In certain supported jurisdictions, support for MORPHO may be limited.

ChainCatcher message, according to Arkham monitoring, about 25 minutes ago, Grayscale transferred 3,458.538 BTC to addresses such as Coinbase Prime, including:Grayscale Bitcoin Trust transferred 2,100 BTC to Coinbase Prime Deposit and 2 unknown addresses, approximately 179.79 million USD;Grayscale Bitcoin ETF transferred 1,358.538 BTC to Coinbase Prime Deposit, approximately 116.31 million USD;

ChainCatcher message, according to Arkham monitoring, about 30 minutes ago, Grayscale transferred 11,800.171 ETH, worth 28.18 million dollars, from its Coinbase Prime Deposit address to the Coinbase Prime hot wallet address.

ChainCatcher news, Cathie Wood's Ark Invest fund ARKW purchased 41,032 shares of Coinbase stock yesterday, worth $8.7 million. This is the first purchase of Coinbase stock by Ark since it bought $2.2 million of COIN on October 8 of last year.In addition, the ARKW fund sold 98,060 shares of its own spot Bitcoin ETF ARKB, worth $8.6 million. The last time Ark sold a large amount of its spot Bitcoin ETF was in September, when it sold 44,609 shares of ARKB stock, valued at $2.8 million.

ChainCatcher news, CryptoQuant co-founder and CEO Ki Young Ju posted on the X platform revealing that Coinbase whales are driving the Bitcoin price trend, with the dominance of spot trading volume increasing by 30% in 7 days, and the Bitcoin Coinbase premium showing a negative value.

ChainCatcher news, according to Coindesk, ARK Invest has swapped approximately $8.6 million of its own Bitcoin ETF (ARK B) for $8.7 million worth of Coinbase (COIN) stock this Tuesday. The specific operation involved selling 98,060 shares of ARKB and purchasing 41,032 shares of COIN stock.