Coinbase is, very critically, a U.S.-based company and OFAC is, very critically, a department of the U.S. Treasury. So in a world where ETH users are trying to do a UASF to combat censorship, what happens if Coinbase’s validator complies with OFAC sanctions? Well, then Coinbase’s validator gets slashed. But as we mentioned above Coinbase runs a staking pool which holds ETH from, you guessed it, the users themselves.
Cryptocurrency crowd shrugs off market woes at upbeat TOKEN2049 conference
The first day of this year’s TOKEN2049 cryptocurrency conference kicked off Wednesday in Singapore, its second edition as an in-person...
