Coinbase (NASDAQ: COIN), the top crypto exchange in the United States, has taken an unknown amount of equity stake in stablecoin issuer Circle Internet…
Major cryptocurrencies experienced a decline on Monday evening, while altcoins displayed minimal price fluctuations. This occurred as the markets appeared to regain stability after a significant liquidation event, which stands as one of the largest in recent months.
Coinbase Global said on Monday it would acquire an equity stake in cryptocurrency operator Circle Internet Financial and shut down their jointly managed Centre Consortium, the operator of the stablecoin, USD Coin (USDC).