1026
2/3 of America thinks the financial system is overdue for an overhaul.
It’s time to update the system 🔁
1027
Updating the financial system means building the most trusted products and services, including industry-leading tools to support KYC, AML, and consumer protections.
Learn how we’re making crypto safer through our continued commitments to compliance 👇
coinbase.com/blog/how-coinb…
1028
1/ Today we introduce Wallet as a Service, making it easier for any company or brand to seamlessly onboard their users to web3 🛠️⛓️
...even if they have never used cryptocurrency before.
1029
It’s time to update the system. If you’re wondering why, and you don’t have a copy of our ad in today’s @washingtonpost, read on.👇🧵
1030
Update: We’re sorry to see Silvergate make the tough decision to wind down their operations. They were a partner & contributors to the growth of the cryptoeconomy. Coinbase has no client or corporate cash at Silvergate. Client funds continue to be safe, accessible & available. twitter.com/coinbase/statu…
1031
1/ Introducing our new web3 discovery surface, coinbase.com/web3. Explore the best dapps web3 has to offer, including:
🖼️ NFTs
🤑 Ways to earn more crypto
💬 Decentralized social networks
🎮 Web3 games and more!
1032
1/ What does Hollywood have to do with crypto?
Right now, 5 big studios control 80% of box office revenue. That is some serious centralized power. Come along for a quick story about how crypto is empowering filmmakers and audiences outside of the traditional studio system…🧵
1033
We are temporarily pausing USDC:USD conversions over the weekend while banks are closed. During periods of heightened activity, conversions rely on USD transfers from the banks that clear during normal banking hours. When banks open on Monday, we plan to re-commence conversions.
1034
Your assets remain safe & available for on-chain sends.
1035
Despite the turbulence we have seen in the traditional banking sector recently, Coinbase continues to operate as usual. At Coinbase all client funds continue to be safe and accessible including USDC conversions which will resume on Monday.
1036
All client cash at banks continues to be protected by FDIC pass-through insurance. Due to FDIC's hold on Signature’s transactions, we’re currently facilitating all client cash transactions with other banking partners.
1037
As of close of business Friday March 10 Coinbase had an approximately $240m balance in corporate cash at Signature. As stated by the FDIC, we expect to fully recover these funds. federalreserve.gov/newsevents/pre…
1038
USDC:USD conversions have been reinstated and are now operating as normal via API and UI. USDC will not be auto-converted to USD on Coinbase Exchange.
1039
Don’t miss our Twitter Spaces tomorrow at 5pm GMT / 12pm ET on crypto reg developments in Europe. Moderated by our European Policy lead @KatieFHarries, we will be joined by @kerstpe from the @EU_Commission and @ijtaylor75, from @CryptoUKAssoc.
Tune in 👇
twitter.com/i/spaces/1ZkKz…
1040
Exciting news for our Singapore customers! Coinbase is introducing free bank transfers and Singpass integration, making it easier to join our platform. We've upgraded our help center, created Coinbase Learning and are offering 200+ assets for trading. 👀👇
coinbase.com/blog/from-sing…
1041
1/ Ethereum’s Shapella Upgrade is almost here. The upgrade will enable unstaking for the first time since ETH staking was introduced in December 2020. Here’s what you need to know. 🧵
1043
Listen to our Chief Legal Officer, @iampaulgrewal as he breaks down all things crypto regulation in the US and how we can do better. 👇 twitter.com/gmdecrypt/stat…
1044
Americans love their stake. Here’s why we need to keep staking–the accountant of the blockchain–in the U.S. 🧵
1045
7/ If you want to keep staking in the U.S., make your voice heard. Join #Crypto435 and help shape the policies and regulations that will impact crypto and web3 for years to come. actnow.io/z31xN5P
1046
We recently launched the @BuildOnBase testnet, a new L2 blockchain incubated by Coinbase that offers a secure, low-cost, developer-friendly way to build decentralized apps, or ‘dapps’. So, how are things going so far? 🧵
1047
What if sending money around the globe was as fast as sending an email?
It's time to update the system. 🔁
1048
Big news! Coinbase is expanding in Brazil! 🇧🇷
Our mission is to democratize access to the crypto economy globally so we've integrated with Pix for smooth transactions, launched a fully localized app in Portuguese, and offer 24/7 support.
1049
Crypto can provide a meaningful update to the existing financial system and increase economic freedom in the world.
It's time to update the system. 🔁
1050
Today at 1pm PT! Join @brian_armstrong, @iampaulgrewal, @faryarshirzad and @chrislehane for a conversation about the recent SEC decision to enforce rules that don’t exist. If the SEC wants to throw the rulebook at crypto, they should have a rulebook.
twitter.com/i/spaces/1ZkJz…
The most trusted crypto exchange.
For support ➡️ @CoinbaseSupport