Archives

November 5, 2018 @ 1:28 pm By Cali Haan  |  

Though Coinbase announced it raised $300 million “from high-quality investors” last week, the cryptocurrency exchange also laid off an estimated 15 people working remotely in support, compliance, and fraud departments, Yahoo Finance reports. Coinbase would not confirm how many employees were cut, it did admit… Read More

October 31, 2018 @ 12:29 pm By Cali Haan  |  

Coinbase has opted to raise funds from, “some very high quality investors….who have a very constructive thesis on crypto,” in a series round and won’t be doing an initial public offering (IPO) any time soon, Bloomberg reports. “There’s not going to be an IPO any… Read More

October 30, 2018 @ 12:16 pm By JD Alois  |  

Revealed last week during the Crypto Invest Summit, Coinbase now sports a huge $8 billion in valuation following a $300 million Series E funding round. Today, Coinbase COO Asiff Hirji provided a personalized update on the funding in a blog post. Hirji stated: “Today, we’re pleased… Read More

October 24, 2018 @ 7:18 pm By JD Alois  |  

The New York State Department of Financial Services (DFS) has approved Coinbase to form Coinbase Custody Trust Company. Additionally, DFS has approved Coinbase to Custody Bitcoin, Ethereum, Bitcoin Cash, Ether Classic, Litecoin and XRP. Providing a custody service is vital for the participation of institutional… Read More

September 26, 2018 @ 8:36 am By JD Alois  |  

Coinbase has announced a new path for altcoin creators to apply to trade on the crypto exchange. Shared in a blog post yesterday, Coinbase stated: “Today we’re announcing a new process that will allow us to rapidly list most digital assets that are compliant with… Read More

September 24, 2018 @ 10:18 am By JD Alois  |  

Hong Kong based Caspian has formed a partnership with Coinbase, according to a note from Caspian. Caspian is a “full-stack cryptoasset management platform” that links exchanges and institutional money. Coinbase is one of the largest crypto exchanges in the world that has charted a path… Read More

September 17, 2018 @ 1:37 pm By Cali Haan  |  

American crypto exchange Coinbase is hiring massively to staff brand new New York offices built exclusively to accommodate institutional clients, Coindesk reports. The exchange held a party to inaugurate the new office last week. Employees had previously occupied co-working space at WeWork NYC. Coinbase hopes… Read More

September 6, 2018 @ 8:30 am By JD Alois  |  

Having previously announced support for British Pounds, Coinbase has announced it will introduce new trading pairs for Coinbase Pro. Beginning this Friday, Coinbase will offer exchanges in: ETH–GBP, ETC–GBP, LTC–GBP and BCH–GBP. Coinbase already supports Bitcoin to Pounds. Trading pairs will be launched in stages –… Read More

August 15, 2018 @ 4:22 pm By JD Alois  |  

Even while crypto is tanking inciting fears of crypto doom, Coinbase marches onward ignoring the daily vacillations of the market. In a report from Bloomberg today, Coinbase CEO Brian Armstrong shared that during 2017 they were signing up a whopping 50,000 each and every day. He… Read More

August 13, 2018 @ 11:00 am By Cali Haan  |  

Onsite inspections of 16 licensed cryptocurrency exchanges and 7 with licenses pending in Japan has revealed generally loose business practices and controls, according to a report released last Friday by the Japanese Financial Services Agency (FSA). The inspections were conducted by the FSA in cooperation with… Read More

August 9, 2018 @ 11:12 am By JD Alois  |  

Coinbase has announced that trading limits have been boosted. Starting immediately, users may trade cryptocurrency immediately after purchase without a necessary five day waiting period for funds to clear. “Most” users will see their daily trading limits increased to $25,000 – previously this was a… Read More

August 5, 2018 @ 9:15 am By JD Alois  |  

Coinbase users in the UK can now swap British Pounds (GBP) for crypto, according to Coinbase UK CEO Zeeshan Feroz.  This applies to Coinbase Pro users and Coinbase Prime (institutions) customers as well, thus enabling faster payments with same day deposits and withdrawals from Coinbase… Read More

July 25, 2018 @ 10:01 pm By Cali Haan  |  

An internal investigation into insider trading at Coinbase has determined that none took place, Fortune reports. Coinbase, the biggest cryptocurrency exchange in the US, came under scrutiny last December when the price of Bitcoin Cash jumped only hours before the coin debuted on the exchange…. Read More

July 25, 2018 @ 12:43 pm By JD Alois  |  

Crypto marketplace Coinbase has added a new feature. According to a blog post by Coinbase CEO Zeeshan Feroz, their users may now spend their BTC, ETH and more on e-gift card. Coinbase has partnered with WeGift to enable gift cards accepted at retailers like Uber… Read More

July 16, 2018 @ 10:42 am By JD Alois  |  

Coinbase, a marketplace for cryptocurrency, is “exploring” the addition of more digital coins. Specifically, Cardano (ADA) Basic Attention Token (BAT) Stellar Lumens (XLM) Zcash (ZEC) 0x (ZRX) Coinbase has never been shy about its intent to become the one cryptocurrency exchange to rule them all… Read More

June 12, 2018 @ 2:33 pm By JD Alois  |  

Coinbase has announced their intent to add support for Ethereum Classic (ETC). Coinbase said it will now beging the work necessary to support ETC. The news helped to drive the price of ETC higher as traders may expect greater liquidity of ETC in the coming months…. Read More

June 10, 2018 @ 6:31 pm By Cali Haan  |  

As part of a probe examining possible manipulation in Bitcoin markets, the regulator responsible for overseeing futures and commodity trading in the US has subpoenaed four American cryptocurrency exchanges to produce volumes of trade data, WSJ reported Friday June 8th. Top cryptocurrencies have since turned red as this… Read More

May 25, 2018 @ 5:26 pm By JD Alois  |  

Coinbase grew this week. The digital currency exchange acquired Paradex, a platform that describes itself as “an elite, peer-to-peer trading platform focused on speed, reliability and non-custodianship.” This also becomes a way for Coinbase to broaden its reach into more crypto. Paradex posted a comment… Read More

April 23, 2018 @ 10:15 am By Cali Haan  |  

In a form letter correspondence consistent with the low service levels crypto clients have come expect, Coinbase, operators of the planet’s 11th largest crypto exchange, pulled the plug on payments to the Wikileaks store April 20th. In a screenshot of the letter posted by Wikileaks,… Read More

April 6, 2018 @ 3:55 pm By JD Alois  |  

Digital wallet and crypto exchange Coinbase is adding an investment arm to their company. In a blog post, the company announced the creation of Coinbase Ventures – just the latest expansion of the digital asset platform. Coinbase said they are “rooting for the best and… Read More