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Coinbase CEO Brian Armstrong backs Republican Senate candidates

Armstrong has endorsed pro-crypto Senate candidates, backing Republicans like John Deaton and David McCormick for their stance on digital asset policies.

Coinbase co-founder and CEO Brian Armstrong has endorsed several Republican candidates for the United States Senate in the November elections.

Armstrong took to X on Oct. 20 to show support for pro-crypto Senate candidates, including the pro-XRP (XRP) lawyer John Deaton and former Bridgewater Associates CEO David McCormick.

Both candidates are running under the Republican Party banner, with Deaton running for a Senate seat in Massachusetts and McCormick in Pennsylvania.

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Crypto Market’s Unexpected Q4 Developments Revealed in New Institutional Report

Crypto Market’s Unexpected Q4 Developments Revealed in New Institutional ReportAccording to a recent joint report by Glassnode and Coinbase Institutional, the fourth quarter of 2024 is marked by an evolving landscape in the crypto markets. Researchers from both entities underscore the significance of these developments, driven by key metrics and trends shaping the broader industry. Institutional Insights Signal a Maturing Crypto Market in Q4 […]

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US Judge Slaps Crypto Fraudster With Five-Year Prison Sentence Over $20,000,000 in Coinbase Spoofing Scheme

US Judge Slaps Crypto Fraudster With Five-Year Prison Sentence Over ,000,000 in Coinbase Spoofing Scheme

A US judge sentenced a crypto fraudster to five years in prison over charges stemming from a $20 million scheme involving a fake Coinbase website. Chirag Tomar, an Indian national, facilitated a “spoofing” con that involved setting up a deceptive URL, CoinbasePro.Com, and creating a fraudulent webpage designed to mimic the popular crypto exchange’s site, […]

The post US Judge Slaps Crypto Fraudster With Five-Year Prison Sentence Over $20,000,000 in Coinbase Spoofing Scheme appeared first on The Daily Hodl.

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Fake Coinbase Sites Steal $20M — How Indian Man Led the Massive Crypto Fraud

Fake Coinbase Sites Steal M — How Indian Man Led the Massive Crypto FraudA cryptocurrency scam targeting Coinbase users has resulted in a significant theft of over $20 million. An Indian national, Chirag Tomar, was sentenced for orchestrating this scheme, where fake websites mimicking Coinbase led to victims surrendering credentials. U.S. authorities revealed how fraudsters used advanced tactics, including remote desktop access and posing as support agents, to […]

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Coinbase: Crypto Voters Can Be Decisive in Swing States

Coinbase: Crypto Voters Can Be Decisive in Swing StatesCoinbase’s research has determined that crypto, as a key topic, might be a factor capable of swaying the next election results. According to data posted on social media, swing states have a significant number of crypto voters who, depending on their views, could tip the balance in favor of Democratic candidate Kamala Harris or Republican […]

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Decentralized Social Network Token DEGEN Drops 27% in Days Following New Coinbase Listing

Decentralized Social Network Token DEGEN Drops 27% in Days Following New Coinbase Listing

A decentralized social media altcoin is nosediving just days after gaining support from the top US crypto exchange platform. New data reveals that social media token DEGEN went from a weekly high of $0.011 to $0.008 since being adopted by Coinbase on October 15th, a 27% drop. According to DEGEN’s website, the digital asset is […]

The post Decentralized Social Network Token DEGEN Drops 27% in Days Following New Coinbase Listing appeared first on The Daily Hodl.

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MiCA Spurs Major Shift in Euro Stablecoin Market, Kaiko Analysis Shows

MiCA Spurs Major Shift in Euro Stablecoin Market, Kaiko Analysis ShowsThe European Markets in Crypto-Assets Regulation (MiCA) has made a noticeable impact on the euro stablecoin landscape, according to a fresh report by Kaiko. The research points out that MiCA’s rollout has triggered several delistings and adjustments to offerings on major exchanges. Study: Euro Stablecoin Market Transformed by MiCA Three months into MiCA’s enforcement, the […]

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Crypto Investor Arthur Cheong Predicts Base Will Flip Coinbase’s Centralized Exchange Platform Volume

Crypto Investor Arthur Cheong Predicts Base Will Flip Coinbase’s Centralized Exchange Platform Volume

Venture capitalist Arthur Cheong thinks Coinbase’s Ethereum (ETH) layer-2 scaling solution Base is primed to witness a surge in trading volume. The DeFiance Capital CEO predicts on the social media platform X that on-chain spot decentralized exchange (DEX) volume on Base will flip Coinbase’s centralized exchange (CEX) volume “within six to 12 months.” “Makes logical […]

The post Crypto Investor Arthur Cheong Predicts Base Will Flip Coinbase’s Centralized Exchange Platform Volume appeared first on The Daily Hodl.

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Coinbase Ethereum Scaling Solution Primed To Become Largest Layer-2 Blockchain by End of 2024: IntoTheBlock

Coinbase Ethereum Scaling Solution Primed To Become Largest Layer-2 Blockchain by End of 2024: IntoTheBlock

Market intelligence platform IntoTheBlock says Coinbase’s Ethereum (ETH) scaling solution is on track to become the largest layer-2 (L2) blockchain by the end of the year. In a new report, IntoTheBlock says that key metrics indicate Base is experiencing exceptional growth this year. IntoTheBlock first looks at Base’s total value locked (TVL), the metric representing […]

The post Coinbase Ethereum Scaling Solution Primed To Become Largest Layer-2 Blockchain by End of 2024: IntoTheBlock appeared first on The Daily Hodl.

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Bitcoin Approaching Longest Sideways Consolidation in Halving-Year History, According to CryptoQuant CEO

Bitcoin Approaching Longest Sideways Consolidation in Halving-Year History, According to CryptoQuant CEO

The chief executive of market intelligence firm CryptoQuant says that Bitcoin (BTC) is nearing the longest sideways consolidation period ever during one of its halving years. In a new thread on the social media platform X, Ki Young Ju says that if the crypto king doesn’t spark a rally within the next two weeks, it […]

The post Bitcoin Approaching Longest Sideways Consolidation in Halving-Year History, According to CryptoQuant CEO appeared first on The Daily Hodl.

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