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Coinbase Files S-1, Plans Listing on NASDAQ Raising Up to $1 Billion, Generated $1.3 Billion in Revenue in 2020

As anticipated, Coinbase has publicly filed an S-1 outlining its plans to complete an initial public offering (IPO) on the NASDAQ. Accrording to the filing, Coinbase intends to raise up to $1 billion and  trade under the ticker symbol of “COIN.” The filing shares that… Read More

Blockchain Infrastructure Dev Bison Trails, which will be Acquired by Coinbase, Rolls Out New Features to Improve DLT Network Performance

Bison Trails, an established blockchain infrastructure platform-as-a-service firm that will be acquired by Coinbase, has announced the launch of its Global Blockchain Sync (GBS) feature. The Global Blockchain Sync aims to expand the functionality of the Bison Trails platform by making it faster and a… Read More

Coinbase Recommends Using CoinTracker, a Free Tool for Calculating Taxes on Cryptocurrency Transactions

IRS Internal Revenue Service

San Francisco-based crypto exchange Coinbase says it’s focused on helping its customers during tax season (in the United States) Lawrence Zlatkin, Vice President, Tax, Coinbase, notes that for the second consecutive year, taxpayers will be asked on their tax return forms questions regarding digital currencies…. Read More

Proper Digital Payments Systems Use Cached Data for Speed and Persistent Data for Recoverability, Coinbase Explains

Digital asset exchange Coinbase recently explained how the company is building digital payments systems. Coinbase says that it aims to create an open financial system for consumers and businesses across the globe. The Coinbase Payments team’s mission is “to empower customers to move money in… Read More

Vast Bank Partners With Coinbase to Complete End-to-End Cryptocurrency Transaction

U.S. banking group Vast Bank announced on Thursday it has teamed up with cryptocurrency exchange platform Coinbase to complete an end-to-end cryptocurrency transaction. The bank claims it is the first nationally chartered financial institution to both purchase and provide custody services for a digital asset on… Read More

Justin Mart, Ryan Yi from Coinbase take a Closer Look at Ethereum, DeFi Growth, Also Review OCC, FinCEN Developments

Digital asset exchange Coinbase recently published its Around the Block #11: “A snapshot of decentralized finance (DeFi) and two sides of the crypto regulatory spectrum” (report), which aims to cover important issues in the crypto and blockchain industry. In this latest edition, released on February… Read More

Digital Asset Exchange Coinbase to Go Public through a Direct Listing Instead of Conducting an IPO

Digital asset exchange Coinbase has confirmed its plans to become a publicly-traded company “pursuant to a proposed direct listing of its Class A common stock.” Coinbase Global, Inc. noted in a blog post published on January 28, 2021, that the proposed listing is “expected to… Read More

Crypto Exchange Coinbase Requests Rulemaking Pause from FinCEN following the Issuance of Biden White House Guidance to US Agencies

San Francisco-based crypto exchange Coinbase has requested a rulemaking pause from the Financial Crimes Enforcement Network (FinCEN) following the Biden White House guidance to agencies. Coinbase writes in a letter that was reportedly shared with Kenneth Blanco, Director, FinCEN on January 25, 2021, that after… Read More

Coinbase Now Claims Over 43 Million Verified Users, has Managed to Grow its Digital Assets to $90 Billion: Report

Digital currency exchange Coinbase has reportedly managed to grow its total assets to $90 billion. Meanwhile, Coinbase Custody AUC represented over half or 50% of this total. San Francisco-based Coinbase now claims more than 43 million verified users. The exchange reportedly executed single trades surpassing… Read More

Digital Asset Exchange Coinbase to Acquire Blockchain or DLT Infrastructure Developer Bison Trails

San Francisco-based crypto exchange Coinbase has revealed that it will be acquiring leading blockchain infrastructure platform, Bison Trails. Coinbase stated in a blog post published on January 20, 2020 that the planned acquisition will allow Bison Trails to “accelerate its mission” to offer intuitive and… Read More

One of the Largest Digital Asset Trades in History was Reportedly Completed by One River Asset Management with Assistance from Coinbase

Hedge funds are increasingly looking to San Francisco-based Coinbase for innovative portfolio solutions, the cryptocurrency exchange claims. Coinbase was reportedly chosen as a full service partner and custodian by One River Asset Management. Brett Tejpaul, Head of Institutional Sales, Trading, Custody and Prime Services, notes… Read More

Digital Asset Exchanges Coinbase and OKCoin to Suspend XRP Trading and Deposits following Recent SEC Action

San Francisco based crypto exchange Coinbase announced on December 29, 2020, that it will be suspending XRP trading beginning on January 19, 2021. The leading digital asset exchange confirmed that “in light of the US Securities and Exchange Commission’s (SEC) recent action against Ripple Labs,… Read More

US based Digital Asset Exchanges OKCoin and Coinbase Continue to Support Bitcoin Core Development

Digital asset exchange OKCoin recently took a look back at its initiative to support independent Bitcoin Core developers. The crypto trading platform’s developers confirmed that it has now been about a year since they introduced their Open-Source Developer Grant program, an initiative launched to support… Read More

Coinbase Requests that FinCEN Apply Traditional 60-Day Notice-and-Comment Period for its Proposed Rulemaking for Crypto Transactions

On December 19, 2020, the Financial Crimes Enforcement Network (FinCEN) published a 72-page notice of proposed or suggested rulemaking, titled “Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets,” which could impose new and “onerous” reporting and recordkeeping requirements for virtual currency transactions,… Read More

Digital Asset Exchanges Kraken and Coinbase Announce Trading Support for The Graph (GRT)

US-based digital asset exchange Kraken has announced that The Graph (GRT) trading is now available on its platform. The Kraken team confirmed that while they’re pleased to announce that The Graph (GRT) trading is being supported on their exchange, it’s currently not available in the… Read More

Coinbase Commerce Adds Crypto Invoicing Feature

In a sign of growing integration within the traditional fiat currency ecosystem, Coinbase Commerce has added crypto invoicing to its stack of services for businesses. Coinbase Commerce is a separate platform from the trading sites where merchants anywhere in the world may accept cryptocurrency as… Read More

Coinbase Files to Pursue an IPO

Coinbase, the leading cryptocurrency exchange in the US, has filed an S-1 registration statement with the Securities and Exchange Commission (SEC) indicating its intent to pursue an initial public offering (IPO). The news was posted on the Coinbase website stating the filing, which would include… Read More

Digital Asset Exchange Coinbase Adds DeFi Tokens Aave, Bancor (BNT), Synthetix (SNX)

Digital asset exchange Coinbase has announced that it has added Aave (AAVE), Bancor (BNT) and Synthetix Network Token (SNX). All three cryptocurrencies are available for trading on the US-based trading platform. The Coinbase team noted that beginning today (December 16, 2020), the exchange will support… Read More

Digital Asset Exchange Coinbase to Add Support for Filecoin (FIL) but Only on Coinbase Pro, the Platform for Professional Traders

San Francisco-based crypto-asset exchange Coinbase will begin supporting Filecoin (FIL) on Coinbase Pro, the trading platform for professional or experienced traders. The Coinbase team stated in a blog post: “Starting … Monday December 7, [2020,] transfer FIL into your Coinbase Pro account ahead of trading…. Read More

Coinbase Engineer Explains how Digital Assets Exchange Uses Machine Learning Tools to Create Meaningful Business Impact

US-based digital asset exchange Coinbase has revealed that it’s focused on building “state-of-the-art” machine learning (ML) technology with “efficient” execution for the crypto and blockchain-focused economy. Catalin Tiseanu, an engineer working at Coinbase, writes in a blog post that the digital assets firm leverages machine… Read More

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