Cryptocurrencies like Bitcoin or Ethereum are new, emerging financial technologies and assets. The unfamiliarity with the new technology can make getting started in crypto seem like a daunting process. A handful of companies, however, provide easy access to buy Bitcoin and gain exposure to the crypto market. Of those, the Read more…
Facebook’s plan to launch Libra came under further pressure after its partners Visa, Mastercard, Paypal, and Stripe announced that they were leaving the digital currency project. And as it turned out, there was some political pushing involved. Senator Brian Schatz (D-HI) and Sherrod Brown (D-OH) sent letters to the chief Read more…
Cryptocurrency exchange Coinbase has been granted an e-money license by the Central Bank of Ireland. Writing in a company blog Saturday, Coinbase UK CEO Zeeshan Feroz said the exchange is one of the very first firms to receive the license from the central bank, following a Dublin office opening a Read more…
Coinbase is building a new mobile app for clients of its professional trading platform. The U.S.-based crypto exchange announced the new product Thursday, claiming the app would provide Coinbase Pro customers with a more efficient mobile trading experience Mobile trading has been one of the most-requested products from the company, Read more…
Cryptocurrency exchange Coinbase is said to be in talks to acquire the human assets of Omni, a Ripple-backed rental and storage firm. According to a report from TechCrunch this weekend, Coinbase may grab Omni’s engineering team to further develop its Coinbase Earn product. Coinbase told the tech news site no Read more…
Facebook’s ambitious crypto project Libra is running out of steam as it gets hounded by regulators and governments around the world. The social media giant was dealt another blow yesterday when major project partner PayPal announced that it was jumping ship, but the Coinbase boss thinks the US should reconsider Read more…
Yesterday, San Francisco-based crypto exchange, Coinbase, announced that they would be increasing their fees for the lowest volume tier of traders on their Coinbase Pro platform, effectively helping the rich get richer, and the poor stay that way. Not only did the increase only impact the lowest wealth users on Read more…
Coinbase has reinstated U.K. bank deposits and withdrawals following a months-long banking holdup. As announced by the company’s U.K. arm in a blog post Thursday, British pound (GBP) deposits and transfers are available once again for local Coinbase customers. GBP denominated transactions were paused following the exchange’s July breakup with Barclays. However, Read more…
You don’t have to be a trader on Coinbase to make a profit. Starting Wednesday, customers of the San Francisco-based cryptocurrency exchange can earn interest on their holdings of the dollar-pegged stablecoin USDC. The annual percentage yield (APY) is 1.25 percent. “We’re trying to build more ways for customers to Read more…
The battle cry of the cryptocurrency industry has been one of decentralization, or one without any centralized authority. It is this distinguishing feature that sets the blockchain space apart from other sectors and cryptocurrencies like bitcoin from other assets. No central bank, bankers, or government controls it, and unless your Read more…
Crypto industry leaders are taking the initiative to help firms in the space avoid running afoul of securities rules. In a company blog post, Coinbase announced it has co-founded the Crypto Rating Council, a member organization purposed with assisting cryptocurrency companies determine if they comply with current U.S. federal securities Read more…
Cryptocurrency exchange Coinbase has announced that New York residents now have access to two cryptocurrencies launched for other jurisdictions months ago. In two tweets late on Wednesday, the exchange said customers based in New York state can now hold, buy, sell, send and receive both Stellar lumens (XLM) and Chainlink’s LINK Read more…
Online lender SoFi announced its crypto trading platform will go live next Tuesday. Bitcoin, ethereum and litecoin will be the first digital assets available to trade on its SoFi Invest platform, CEO Anthony Noto told Fortune in an interview published on Wednesday. With the new platform, SoFi joins a number of Read more…
The world’s most popular cryptocurrency exchange, Binance, has listed smart contract-focused altcoin Tezos (XTZ) to its flagship website, causing the price to spike as much as 5% in the first couple hours after a listing announcement was made. However, Tezos is notably missing from the list of the 30 altcoins Read more…
About 17 new crypto assets could soon be listed on Coinbase depending on how the technical and compliance review goes. Among the cryptocurrencies that Coinbase is considering for listing include coins that are yet to launch such as Gram that is fronted by messaging platform Telegram and Chia which was Read more…
During the 2017 crypto craze and ICO boom, retail crypto investors loaded up on new, untested altcoins in hopes of finding the equivalent of the next Bitcoin – a revolution in financial technology and the best performing asset of all-time. But after the 2018 bear market, those hopes and dreams Read more…
Coinbase has announced the possible addition of 17 new cryptocurrencies to its current line up. According to a blog post from the exchange, Coinbase is exploring the addition of avalanche, celo, chia, coda, dfinity, filecoin, handshake, kadena, mobilecoin, NEAR, nervos, oasis, orchid, polkadot, solana, spacemesh, and telegram. Some of those Read more…
Crypto startups Coinbase and Ripple have dropped from top-10 positions to No. 28 and No. 29, respectively, on LinkedIn’s 2019 top 50 startups list. | Source: Shutterstock; Edited by CCN Despite being a relatively new sector, the blockchain and cryptocurrency space can this year boast of having two crypto startups, Read more…
Tuesday’s bitcoin price surge launched BTC as high as $10,750 on Bitstamp, decimating $68 million worth of shorts in the process. | Source: Shutterstock Bitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the Read more…
Academic interest in crypto and blockchain is increasing across the board, according to a study from Coinbase published Wednesday. The crypto exchange looked at the world’s top 50 universities (according to the U.S. News & World Report ranking) and found that 56 percent have blockchain or crypto classes available. Last year, Read more…
Since first being announced in June, Facebook’s proposed Libra cryptocurrency has drawn the ire of lawmakers and regulators worldwide. But, according to sources close the Libra Association, that was to be expected. “We always knew this was something that was going to be hard,” one such source told CoinDesk. However, Read more…
Coinbase Wallet’s decentralized web feature will allow users to link to supported Dapps from any browser using a new system called Walletlink. The San Francisco-based cryptocurrency exchange announced today in a blog post, the open-sourced Walletlink acts as a “secure bridge” between the Coinbase ecosystem and the traditional web. The Read more…
Crypto exchange Coinbase disclosed a potential vulnerability Friday, announcing that a tiny fraction of its customers’ passwords were stored in plain text on an internal server log. However, the information was not improperly accessed by outside parties, the exchange said. In a post-mortem shared with CoinDesk, Coinbase outlined “a password Read more…
Last year, the “institutions are coming” narrative became heavily cited in the Bitcoin and crypto space. You see, back then, investors were grasping for straws, trying to find some glimmers of hope in a roaring bear market. Related Reading: New BBC Language Lesson Focuses on Crypto, is it Good? Unfortunately, Read more…
Coinbase CEO Brian Armstrong | Source: Steve Jennings/Getty Images for TechCrunch/Flickr By CCN Markets: Bitcoin has been trading sideways of late but it might not be long before the flagship cryptocurrency moves up thanks to Coinbase CEO Brian Armstrong’s latest reveal. Whether institutions were going to adopt crypto or not Read more…
Cryptocurrency exchange Coinbase has acquired the institutional business of cryptocurrency wallet and custody service provider Xapo. Coinbase said in an announcement on Thursday that the deal will help expand its custody business and will increase its assets under custody to be more than $7 billion. According to a Fortune report on Read more…
We finally know the real reason why Coinbase UK unexpectedly dumped Zcash, one of the best-known “anonymous” crypto tokens. | Source: Shutterstock By CCN Markets: Coinbase users in the UK continue to get bad news, with the latest impacting Zcash holders specifically. The rumor mill began to churn this week Read more…
Coinbase Commerce is putting ethereum’s most recent upgrade, Constantinople, to use for thousands of retailers and merchants around the world. Launched early last year, Coinbase Commerce is an app for online vendors wanting to accept payments in crypto and integrate these purchases into existing business cash flows. As reported by Read more…
Balaji Srinivasan, the former CTO of Coinbase, has just joined decentralized finance blockchain project Findora. Announcing the news on Wednesday, the firm said Srinivasan is to help guide the firm as a strategic adviser. Professor Dan Boneh, head of Stanford University’s Cryptography Group is also joining in the same role. “We are Read more…
The most prestigious banking relationship in crypto has ended. Barclays, the London-based global bank, is no longer working with cryptocurrency exchange Coinbase, industry sources told CoinDesk. And while Coinbase found a replacement in U.K. upstart Clearbank, according to people familiar with the situation, the change has indirectly inconvenienced the exchange’s Read more…
