Coinbase has been making headlines a lot lately, and now, it’s in the spotlight again. Check out the latest reports below.
Coinbase Wallet adds new functionality
According to the latest reports coming from the online publication the Daily Hodl, Coinbase Wallet has rolled out a new update.
This enables users to directly see offers from two of the leading non-fungible token (NFT) marketplaces on the web.
Coinbase Wallet is reportedly allowing users to buy and store crypto and NFTs in one place, and it also supports thousands of coins, including all ERC-20 tokens.
The same online publication mentioned above notes the fact that the self-custody wallet by US-based crypto exchange Coinbase announced on Twitter that offers made on OpenSea, the largest NFT marketplace, and its community-centric competitor, Rarible, are now viewable on its platform.
Check out the following relevant tweet below:
🖼️ Discover an NFT offer you can’t refuse
— Coinbase Wallet (@CoinbaseWallet) July 22, 2022
The announcement comes as Coinbase’s own NFT marketplace saw its highest volume spike to date this month.
It’s been also reported the fact that the data from blockchain research tool Dune Analytics shows that the amount of volume processed by Coinbase NFT is worth $1,156,545 over the last seven days and $4,573,672 since its launch in April.
Coinbase rejects SEC’s new claim
Not too long ago, we were revealing that Coinbase conducts a rigorous review process before listing digital assets to ensure that securities are kept off the platform.
“We 100% disagree with the SEC’s assertion that any of the crypto assets we list are securities.”
The same notes reveal the following:
“Coinbase has a rigorous process to analyze and review each digital asset before making it available on our exchange – a process that the SEC itself has reviewed.”