nba

Coinbase announced that it has collaborated with Stanford University cryptography professor Dan Boneh and Localhost Research to hold a closed-door "Post-Quantum Bitcoin Workshop" at Stanford University, gathering Bitcoin developers, cryptography experts, researchers, institutional custodians, and hardware wallet specialists to discuss the technologies and migration plans for Bitcoin to address future quantum computing threats.The workshop focused on assessing the progress of quantum computing, post-quantum cryptography, and various post-quantum signature schemes applicable to Bitcoin, as well as discussing Ethereum's anti-quantum planning, the practical requirements faced by institutional custody businesses, and how to introduce post-quantum security mechanisms for Bitcoin through new output types. Participants believed that rather than predicting when quantum computing will pose a real threat to existing cryptographic systems, it is more important to establish well-tested response plans in advance.Quantum computing does not currently pose an urgent crisis, but the earlier research and coordination begin, the better we can avoid hasty network upgrades and asset migrations under pressure in the future. However, there is currently no consensus on a single post-quantum solution. Different solutions involve trade-offs in terms of security, transaction data size, hardware performance, key management, and the difficulty of user migration. Participants felt that Bitcoin's anti-quantum measures cannot rely solely on protocol layer upgrades, but must also consider how individual users, institutional custodians, wallets, and hardware devices generate, store, back up, and migrate keys and assets.

According to Fortune magazine, the stablecoin payment infrastructure company Latitude has completed a $35 million Series A funding round, led by Oak HC/FT, with participation from NEA, Coinbase, Lightspeed Faction, and OpenFX.The company was co-founded by former executives from Stripe, Uber, Coinbase, and Meta, aiming to help businesses send fiat currency to emerging market users through stablecoins using local payment methods (bank accounts and mobile wallets). Latitude is licensed in 45 U.S. markets and plans to expand its regulatory licenses in Southeast Asia, Latin America, and Africa. The current team consists of 15 people, and the new funds will be used to expand compliance, engineering, and sales teams.

Imran Khan, co-founder of Alliance, stated that Coinbase founder Brian Armstrong and Robinhood co-founder Vlad Tenev are leveraging their respective backgrounds to carve out different tracks in the cryptocurrency market.Vlad has built Robinhood into a platform centered around retail trading, deeply understanding the psychology and trading motivations of high-risk tolerant retail investors, which will give him an advantage in controlling retail speculation and trading in the future; while Brian has dedicated the past decade to popularizing Bitcoin and the cryptocurrency value system, deeply rooted in the Silicon Valley tech startup ecosystem, which determines that Coinbase and Base are more inclined to build underlying financial infrastructure aimed at changing the real world.Imran believes that although there is overlap in their businesses, the market space is large enough, and one party's activity in speculative trading does not mean the other party will fail. Both will lead millions of new users into the on-chain world from completely different entry points.

Coinbase official account CoinbaseMarkets announced that today Concrete (CT) will be added to the asset roadmap.

The founder of Liebit Mining Pool (B.TOP), Jiang Zhuoer, stated that Bitcoin has just dropped, and the Coinbase Bitcoin premium remains negative, continuing to incur significant losses. It is expected that tomorrow's spot ETF (i.e., the US stock market trading day) will see capital outflows.ETF data is lagging; trading based on ETF data is akin to driving while looking in the rearview mirror. Although it is inconvenient, the inflow and outflow of ETF funds are very important, so we can only keep an eye on it.

According to Onchain Lens monitoring, a certain whale deposited 620,420 LINK (approximately 7.6 million USD) into Coinbase.In the past three weeks, this whale has cumulatively deposited 2,410,000 LINK (approximately 26.04 million USD) into Coinbase, all of which previously came from Binance.

According to CoinDesk, the Bitcoin mortgage product jointly launched by Better Mortgage and Coinbase has been fully launched last week. Borrowers can pledge Bitcoin at a 250% collateral rate to pay for the down payment on a home. For example, to purchase a $500,000 property, one would need to pledge $250,000 in Bitcoin to support a $100,000 down payment. Since the full launch, the pre-application loan scale has reached $360 million, higher than the previous estimated $260 million from the waiting list users.At closing, borrowers will receive two loans: one is a conventional mortgage secured by the property that meets Fannie Mae standards, and the other is a down payment loan secured by pledged Bitcoin and a subordinate lien on the property. Better disclosed that it may re-pledge the Bitcoin pledged by borrowers, as long as an equivalent amount of assets is retained for return. Borrowers cannot retrieve their crypto assets early and must wait until the conventional mortgage is fully repaid or refinanced to recover them, meaning Bitcoin may be locked for up to 15 to 30 years.Unlike typical crypto loans, a drop in Bitcoin prices will not trigger a margin call or automatic liquidation; liquidation of pledged assets may only occur 60 days after the borrower defaults. Coinbase only acts as a custodian and technology provider and does not participate in credit decisions. Currently, the product only supports Bitcoin collateral; both parties mentioned USDC when announced in March but ultimately chose to launch with BTC first.

According to the information released by the SEC, Coinbase (COIN) director Wilson Frederick R sold 10,000 shares of the company's stock on September 1 at an average price of $178.93 per share, with a total value of approximately $1.7893 million. After the transaction, his direct holdings decreased to 187,389 shares.

According to Onchain Lens monitoring, in the past four hours, a whale withdrew 62,410 HYPE tokens (approximately 5.27 million USD) from Coinbase.In the past week, the wallet has withdrawn a total of 110,370 HYPE tokens (approximately 9.09 million USD) from Coinbase.

Coinbase, the cryptocurrency exchange, submitted Form 1-N and Form BD-N to the U.S. Securities and Exchange Commission (SEC) on September 1 through Coinbase Derivatives and Coinbase Financial Markets, respectively, intending to launch single-stock perpetual contracts in the U.S. Coinbase's Chief Policy Officer Faryar Shirzad stated that the next step for the related products still requires approval from the U.S. Commodity Futures Trading Commission (CFTC).The two documents pertain to registration as a securities futures exchange and a limited-purpose securities futures broker. Since March 20, Coinbase has been offering 10x perpetual contracts for stocks such as Apple, Nvidia, and Tesla to non-U.S. users, settled in USDC and supporting 24/7 trading. U.S. users were previously explicitly excluded from this product.

Coinbase posted on the X platform stating that the company is working to launch single-stock perpetual contracts in the United States. This week, Coinbase has submitted notification registration documents to the SEC for its derivatives exchange and brokerage and will work closely with the SEC and CFTC to bring more major financial products to the U.S. market.

According to OnchainLens monitoring, a certain HYPE whale has withdrawn a total of 824,350 HYPE from Coinbase in the past 17 hours, equivalent to approximately 67.52 million USD.This wallet has now withdrawn approximately 865,840 HYPE from Coinbase, with a total value of about 70.64 million USD.

According to YNetNews, the first Israeli star to enter the NBA, Omri Casspi, announced that his venture capital firm Swish Ventures has completed a $250 million fundraising for its third fund, increasing the firm's assets under management to approximately $800 million.The new fund is expected to invest in about 12 startups, with an average single investment of around $20 million, focusing on areas such as cybersecurity, artificial intelligence, and infrastructure, primarily targeting seed and Series A financing. Swish Ventures has currently invested in 20 companies, including Cognition AI, Applied Compute, EON, Wonderful, Upwind, etc., of which 8 have reached unicorn valuations, with a total valuation of its portfolio companies exceeding $60 billion.

According to The Block, Coinbase has appointed Anthony Armstrong as a board member and has joined the Audit and Compliance Committee. Anthony Armstrong previously served as the Chief Financial Officer of xAI, X.AI Corp, and X Corp, and worked at Morgan Stanley for nearly a decade as Vice Chairman of Investment Banking, later joining the U.S. Department of Efficiency (DOGE) as a Senior Advisor. Coinbase praised him for his "excellent track record in efficient execution and his ability to build scalable operational systems."With this appointment, the Coinbase board has increased from 9 to 10 members. SEC filings reveal that Anthony Armstrong has no familial relationship with Coinbase CEO Brian Armstrong.

According to a report from the official Coinbase blog, Coinbase has officially launched regulated derivative contracts for qualified Canadian traders through its subsidiary Coinbase Financial Markets (CFM), becoming the first major crypto platform to offer native crypto futures in Canada.The products include 23 types of perpetual and fixed-term futures such as Bitcoin, ETH, SOL, as well as 5 types of commodity futures including gold/silver/oil and COIN50 index futures, supporting up to 10x leverage. All contracts are provided by CFTC-registered futures commission merchant CFM, with limited-time fees as low as 0.02% per transaction + $0.11 per contract.Previously, Canadian investors lacked regulated crypto derivative channels and had long relied on offshore or unregulated platforms.

According to Onchain Lens monitoring, Multicoin Capital (0x57C...174B) transferred 97,180 HYPE to Coinbase again, worth approximately 8.18 million USD, possibly for selling.

David Heinemeier Hansson (DHH), founder of Ruby on Rails and partner at Basecamp, posted on the X platform that the Omacom Foundation has received an additional $1 million support each from TapTap founder Dai Yunjie and Coinbase CEO Brian Armstrong, bringing the total support amount from founding patrons to $12 million.The Omacom Foundation website shows that the two have joined its Founding Patrons. Omacom stated that it will reserve an important position for cryptocurrency in its operating system and community.

According to market news, the new address "0x9807...19c9D" withdrew approximately 44.19 million ENA from Coinbase about 4 hours ago, worth approximately 6.82 million dollars, and staked all the tokens to the Ethereum-based stablecoin protocol Ethena contract about 3 hours ago.

Coinbase and Webull announced the expansion of their cryptocurrency trading and custody collaboration into the Canadian market. The Webull Canada platform will be based on Coinbase's Crypto-as-a-Service infrastructure, utilizing its institutional-grade custody and trading services to provide Canadian investors with access to digital asset trading. This expansion continues the previous operational model established by both parties in the United States, Brazil, and Australia.According to an investigation by the Ontario Securities Commission (OSC), the cryptocurrency ownership rate in Canada has risen from 10% in 2023 to 25%. Coinbase Canada has registered as a Restricted Dealer in various provinces and territories to provide compliance support for this business launch. Following the announcement, the stock prices of both companies slightly declined in early trading, with Webull dropping approximately 1.3%.