| Mobile Web

Search results for sequencer

Crypto

Row over claims Coinbase sells ETH to buy BTC widens as holdings reviewed

Coinbase engineering vice president Jesse Pollak pushed back against criticism that the company is selling large amounts of ether, saying its overall holdings and contributions to the Ethereum ecosystem should be considered. The debate centres on fees earned in ether by Base, Coinbase’s layer-2 network, and claims those proceeds are converted into other assets. Data cited in the report estimate Coinbase holds about 151,180 ETH, valued at about $256 million.

Crypto

Grayscale moves to launch spot Worldcoin ETF, pending SEC and Nasdaq approval

Asset manager Grayscale has begun procedures to launch a spot exchange-traded fund based on the Worldcoin token, WLD. It filed a registration statement with the U.S. Securities and Exchange Commission for the Grayscale Worldcoin ETF, which would track a CoinDesk benchmark rate and list on Nasdaq under the symbol GWLD. The filing details custody and administration partners and flags regulatory risks, token volatility and ownership concentration.

Crypto

Ink adopts OP Enterprise, outsources layer2 infrastructure operations

Kraken-led Ethereum layer2 Ink will adopt Optimism’s fully managed OP Enterprise service under a multi-year contract. Under the deal, Optimism will directly operate Ink’s production infrastructure, while the Ink Foundation focuses on ecosystem growth and developing new financial products. Optimism said the agreement is among the first cases of a major layer2 outsourcing infrastructure operations to a managed service provider.