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Coinbase is testing a subscription service with zero trading fees and prioritized support

Coinbase is testing a subscription service with zero trading fees and prioritized support

Crypto exchange Coinbase is testing a new subscription-based service that would give users access to enhanced features, according to materials reviewed by The Block.  Dubbed Coinbase One, the subscription product will be offered to a small number of users to start. Benefits include zero-fee trading and prioritized phone support “even on holidays and weekends.” The […]

The post Coinbase is testing a subscription service with zero trading fees and prioritized support appeared first on The Block.

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10% of China’s population have opened digital yuan wallets, per PBoC official

The number of users of China’s central bank digital currency has increased by more than six times over the past four months.

The post 10% of China’s population have opened digital yuan wallets, per PBoC official appeared first on The Block.

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Huobi Focuses on Expansion, Sponsors Contest to Send One Winner Into Space

The Chinese blockchain company celebrates its eighth anniversary with a space flight contest.

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Looking Into Ethereum’s Economic Future

Unlike Bitcoin with its hard cap of 21 million coins, Ethereum’s future token supply will be extremely dependent on network activity and the demand for block space.

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Loopring Surges 40%, Solana Replaces Cardano as 5th-Largest Coin as Ethereum Fees Spike

The average transaction fee on Ethereum has risen a staggering 2,300% since late June.

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International Cricket NFTs to Hit Flow Blockchain Following $17M Seed Round

Tiger Global and Dapper Labs are backing Faze Technologies’ bid to “build the metaverse for cricket.”

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China’s CBDC Has Been Used for $9.7B of Transactions

China’s new central bank digital currency (CBDC) has been used to conduct transactions worth $9.7 billion as of the end of October.

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Direxion Withdraws Application for Short Bitcoin Futures ETF

Exchange-traded fund (ETF) issuer Direxion has withdrawn its application to the U.S. Securities and Exchange Commission (SEC) to list a short bitcoin futures fund.

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JPMorgan Report Says CBDCs Can Save Firms $100B a Year in Cross-Border Costs

The report considers a network of multiple central bank digital currencies across the ASEAN region.

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Soaring Crypto Investment Calls for Regulation: India’s Top Finance Newspaper

The newspaper dedicated its entire front page to calling for crypto regulation.

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