Coinbase is planning to introduce its own liquid staking token ahead of the Ethereum blockchain’s Merge upgrade, which is expected to take place around September 15. The token will be called Coinbase Wrapped Staked ETH (cbETH).
Blockchain analytics and crypto compliance solutions provider Elliptic released a report yesterday, which stated that scammers and exploiters have stolen over $100m worth of non-fungible tokens (NFTs) since 2021.
Sam Trabucco has resigned from his Co-CEO role at multi-strategy crypto trading firm Alameda Research. Trabucco tweeted yesterday that he will stay on as an adviser. Caroline Ellison, who has been a trader at the firm since March 2018, will now become the sole CEO.
Top stories in the Crypto Roundup today:
- Coinbase Introduces Its Own Liquid Staking Token (cbETH)
- Elliptic Reports $100M Worth of NFTs Stolen Since 2021
- Alameda Research’s Sam Trabucco Steps Down From Co-CEO Position