1/ One year ago, the UK announced its ambition to become a leading crypto hub, a policy driven from the highest levels of government. Since then, the UK has been one of our fastest growing markets. coinbase.com/blog/europe-is…
2/ In a few weeks, our leadership team will visit the UK to meet with policymakers, regulators, media and to engage with the wider crypto community.
3/ While there, the final vote on #MiCA, the EU’s comprehensive crypto regulatory framework, will be taking place across the Channel, at the @Europarl_EN in Strasbourg.
4/ The timing of this visit is not coincidental: we are at a pivotal moment for crypto and what’s happening in Europe (EU and UK) should be held up as an example. The region is recognizing the potential and societal promise that crypto provides.
5/ It increasingly feels like crypto is achieving global scale. But for us here at Coinbase, this is somewhat bittersweet. We are proudly an American company. It’s hard to sit by and watch the US squander the opportunity it has been given.
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1/ Ethereum’s Shapella Upgrade is almost here. The upgrade will enable unstaking for the first time since ETH staking was introduced in December 2020. Here’s what you need to know. 🧵
2/ The Ethereum Merge transitioned the network from proof-of-work (PoW) to proof-of-stake (PoS) in September of 2022, making it more secure, energy-efficient, and better for implementing new scaling solutions. However, users were not yet able to unstake their ETH.
3/ The upcoming Shanghai and Capella Upgrades, collectively known as Shapella, will enable unstaking plus will give users the flexibility to stake more without their ETH being indefinitely locked up.
Right now, 5 big studios control 80% of box office revenue. That is some serious centralized power. Come along for a quick story about how crypto is empowering filmmakers and audiences outside of the traditional studio system…🧵
2/ Meet @Julie_Pacino. She is a writer, director, and NFT artist. For the last several years, Julie has embraced the opportunities web3 provides for creators and filmmakers to explore alternative ways of building communities and financially supporting new artistic visions.
3/ For her film “I Live Here Now,” Julie looked to her passion for NFTs as a way to fund her movie and involve fans in the filmmaking process, blazing a path forward for the world of moviemaking that doesn’t require studio support.
It’s time to update the system. If you’re wondering why, and you don’t have a copy of our ad in today’s @washingtonpost, read on.👇🧵
2/ American financial institutions are an essential part of the traditional finance system, but they rely on outdated technology invented before the internet that isn't serving them or their customers. Crypto can help.
3/ As the system deteriorates, people all around the world pay the price. Crypto has more than 400 million users worldwide because it offers real technology solutions. If crypto users were a country, they would be the third largest nation by population in the world.
1/ Today we introduce Wallet as a Service, making it easier for any company or brand to seamlessly onboard their users to web3 🛠️⛓️
...even if they have never used cryptocurrency before.
2/ Wallet as a Service is a scalable and secure set of wallet infrastructure APIs, enabling companies to create and deploy fully customizable onchain wallets.
3/ Users can create, access and restore their wallets with authentication as simple as a username and password without needing to worry about seed phrases.
1/ The last 12 months have shown the power and potential of crypto. We are proud to be part of this community and inspired to spotlight stories of hope from entrepreneurs around the world. So, for anyone wondering 'Why crypto?' read on.👇🧵
2/ Crypto is fast
The morning Russia went to war with Ukraine, lines formed at ATMs as banks limited withdrawals. Traditional wire-transfers take days to arrive, but crypto offered a lifeline for families needing immediate access to funds for food, shelter & medical supplies.
3/ Crypto is global
For displaced people around the world, carrying fiat currency is risky because it can be lost, stolen or devalued overnight. Holding crypto funds via digital wallet allows for traveling across borders without worrying about physical safety or depreciation.