Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong
With the ban on Tornado Cash, many DeFi proponents are worried that crypto exchanges, which are also the key validators of Ethereum, will succumb to pressure and impose protocol-level censorship.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
With the ban on Tornado Cash, many DeFi proponents are worried that crypto exchanges, which are also the key validators of Ethereum, will succumb to pressure and impose protocol-level censorship.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Abstract's ETH Withdrawals Depend on Operators Ahead of Dec. 15 Shutdown
L2BEAT data showed about $17.1 million in canonically bridged ETH; the wind-down plan sets out no independent exit after Dec. 15.....
A $1,000 MetaMask incident could turn Ethereum’s staking queue into a $5 billion traffic jam
MetaMask's precautionary validator exits are turning a roughly $1,000 reward diversion into a test of Ethereum's staking capacity....
Coinbase And Samsung Bring USDC Directly Into Samsung Wallet
TL;DR: Coinbase is powering USDC inside Samsung Wallet, with the stablecoin feature due to reach 82 million compatible Galaxy devi...
Bitcoin keeps losing ground when Wall Street opens as Coinbase discount deepens
Bitcoin’s US-session weakness is deepening as BTC prices on Coinbase trade at a $64 discount to Binance, the largest global crypto...
Samsung Wallet Brings USDC to 82M Galaxy Devices With Coinbase, Solana and Sui Support
Key Takeaways: Samsung Wallet will support 82 million U.S. Galaxy to add transfers on USDC. Coinbase will keep USDC in their Coinb...
OSL Brings A USDGO Market-Neutral Fund On-Chain For Hong Kong Investors
TL;DR: OSL Group has tokenized the USDGO Plus SP fund on-chain and is providing custody and distribution through its licensed Hong...