As a seasoned crypto investor with a knack for staying ahead of the curve, I find the recent developments at Coinbase both intriguing and promising. The addition of zkSync (ZK) to their listing roadmap underscores their commitment to fostering innovation within the blockchain ecosystem. With its focus on scalability solutions like zero-knowledge rollups, ZK has the potential to revolutionize transaction speed and cost efficiency – a game-changer for many projects in the DeFi space.
This week, a well-known cryptocurrency trading platform called Coinbase disclosed some new additions to their offerings. More specifically, within the last day, Coinbase has unveiled that they plan to list zkSync (ZK).
As an analyst, I can express that I’m working with ZkSync, a scalability solution on the Ethereum blockchain. Unlike traditional methods, it employs zero-knowledge rollups to facilitate quicker and more cost-effective transactions within its system.
Coinbase is consistently growing its services by introducing fresh digital tokens to its system. On September 5th, Coinbase declared that Moonwell (WELL) would be added to their list of upcoming listings.
Additionally, it’s worth mentioning that Coinbase has made an update. Now, CORE, Lido DAO (LDO), Safe (SAFE) and Velodrome Finance (VELO) can be accessed by New York residents through the Coinbase app for iOS and Android. This means users can now buy, sell, swap, transfer, receive or store these assets with ease on the platform.
Similarly, starting today, the Polygon ecosystem’s token (POL) is available on Coinbase, accessible via their iOS and Android apps, marked as ‘Experimental’. On September 4th, Polygon underwent a significant update, where the MATIC token was upgraded to POL, serving as the network’s token from then on.
As a crypto investor, I’d like to share some important updates regarding Polygon (MATIC) on my preferred platform, Coinbase. From August 26 to September 10, they will be performing a ticker upgrade, which means the trading and send/receive support for Polygon Proof-of-Stake (PoS) will temporarily be disabled. During this period, I advise against depositing MATIC, VOXEL, USDC, CBETH, and WETH to Coinbase. However, it’s good to note that MATIC and POL on Ethereum are not affected by this upgrade. Keep your investments safe and informed!
Meanwhile, regarding updates on other listings, New Yorkers can now utilize the Coinbase mobile apps (iOS and Android) to gain access to Gravity (G).
Coinbase scores minor legal win
A New York judge partially agreed to Coinbase’s request for documents from the United States Securities and Exchange Commission, ordering the SEC to turn over important documents such as internal memoranda on the “Howey Test,” but denied the subpoena request for SEC Chairman Gary Gensler.
The key details emerged after Paul Grewal, Coinbase’s Chief Legal Officer, explained that the court’s decision apparently instructed the SEC to disclose crucial evidence.
In July, Coinbase, a cryptocurrency exchange, submitted a request for Gensler and the SEC to disclose documents that Coinbase believes are crucial for their case against the agency.
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2024-09-07 14:40