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Coinbase CEO: If regulators ask to review Ethereum validators, they will close staking services or file legal challenges



Time:8/18/2022 12:33:18 PM

[Coinbase CEO: If regulators ask to review Ethereum validators, they will close pledge services or file legal challenges] According to news on August 18, Coinbase CEO Brian Armstrong said on Twitter: "If regulators require the platform to When vetting its validators at the Fang protocol level, Coinbase will shut down the staking service and maintain the integrity of the network.” This is what its founder Lefteris Karapetsas, the open-source crypto analytics application Rotki, proposed to Coinbase and other major ETH staking platforms earlier. response to the question. Armstrong said that looking at the big picture, there may be a better option to file a legal challenge, which could also help achieve a better outcome.

Other news:

HidedRoad, a global credit service provider, completed a US$50 million Series A financing, FTX and Coinbase participated in the investment: On July 8th, HidedRoad Partners, a global credit service provider, announced the completion of a US$50 million Series A financing, led by Castle Island Ventures, Citadel Securities, FTX Ventures, Uncorrelated Ventures, Greycroft, XBTO Humla Ventures, Wintermute, SLN Capital, Profluent Trading, Coinbase Ventures, etc. participated in the investment.

It is reported that HidedRoad's quantitative platform spans venues, products and asset classes, providing real-time risk management and seamless credit. For traditional and digital assets, the company provides prime brokerage, clearing and financing services. (The Block)[2022/7/8 1:59:19]

Encrypted investment app CoinSwitch launches regular buying plan: On February 7th, encrypted investing app CoinSwitch launched a regular buying plan (RBP) to help users beat market volatility and avoid impulsive buying and selling decisions. This feature is similar to a Systematic Investment Plan (SIP), where investors invest money at different times, helping with diversification. The early access application process for the RBP feature, which opened Monday, will help users discover the feature and make systematic investments in more than 80 coins, including bitcoin, ethereum and dogecoin. The feature is currently available for Android users and will soon be available on iOS. (Livemint) [2022/2/7 9:35:51]

$4 Billion Ponzi Scheme OneCoin and Founder \"CryptoQueen\" Found Defaulted: On May 18, Ruja Ignatova, who claimed to be \"CryptoQueen\", and OneCoin, her founder, failed to sue the cryptocurrency involved in a $4 billion scam. The case responded and was found a breach of contract by a New York federal court. It is reported that the case began in May 2019, when Ruja Ignatova and OneCoin were accused of defrauding millions of investors of more than $4 billion in a Ponzi-like scheme. Investors are told that OneCoin can be mined and has real value, but in fact it does not exist on the blockchain. (Coindesk) [2021/5/18 22:15:18]

Hive Blockchain Q1 produced 821 BTC and 7675 ETH, with a net loss of $95.3 million

Golden Finance News.

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