Staking is an essential part of maintaining the ecosystem of proof-of-stake tokens and drives profits to cryptocurrency owners and exchanges.
The fund will use Coinbase Crypto Services as its initial staking provider and pay a 4% service fee, with rewards accruing to the fund and reflected in its net asset value.
Cryptocurrency exchange Coinbase is taking a stake in Circle, the issuer of the USDC stablecoin, signifying a closer relationship between the two crypto heavyweights. Stream San Diego News for free, ...
The Competition Commission of India signed off on Coinbase acquiring a minority stake in crypto exchange CoinDCX, giving the company a significant investment in the Indian market.
The Competition Commission of India, which oversees and promotes fair competition in the country, has cleared Coinbase’s acquisition of a minority stake in cryptocurrency platform CoinDCX.