Tagged: coinbase

Blockspring Team to Join Coinbase

Blockspring, a U.S.-based financial service startup, announced this week its team will be joining Coinbase. Speaking about joining Coinbase, CEO and Co-Founder, Paul Katsen, revealed in a blog post: “Back in summer 2014, Jason, Don, and I launched a tool for developers to easily build APIs without needing to… Read More

SlowMist Says ETC Attacker Can Now Be Identified, if Exchanges Help Out

Earlier this week, CI reported on a 51% attack / double spend attempt that was halted by Coinbase. The crypto exchange was not the only target in the attempted hack. The attack utilized Ethereum Classic (ETC) as the vehicle to steal funds. Security firm SlowMist… Read More

Coinbase Reports Foiled Double Spend Attack via Ethereum Classic [u]

Popular crypto exchange Coinbase published a blog post today reporting a double spend attack that was detected and stopped before any funds could be stolen. A double spend attack is exactly as its name. The attack takes place when cryptocurrency is spent more than once. Coinbase… Read More

Coinbase Update: Ethereum Tokens Dai, Golem, Maker, & Zilliqa Launched on Coinbase Pro in Select Jurisdictions

Coinbase recently announced Ethereum tokens Dai (DAI), Golem (GNT), Maker (MKR), and Zilliqa (ZIL) have launched on Coinbase Pro in select jurisdictions. According to Coinbase, support for GNT and DAI will initially be available for Coinbase Pro users in the U.S. (excluding NY), the UK, EU,… Read More

Coinbase Rolls Out Services to Six Additional European Markets

Coinbase announced on Thursday it is expanding to six additional European markets. The online cryptocurrency platform now operates in 33 countries across the globe. Speaking about the expansion, Coinbase reported: “New customers in these markets will be able to make full use of Coinbase.com and our iOS… Read More

Coinbase Now Offering Crypto Conversions

Coinbase announced earlier this week it is now offering crypto conversions of its platform. The conversions are available between Bitcoin (BTC) and Ethereum (ETH), Ethereum Classic (ETC),  Litecoin (LTC), 0x (ZRX), or Bitcoin Cash (BCH). While sharing details about the new process, Coinbase stated: “As… Read More

Coinbase Now Allowing Instant PayPal Withdrawals For All U.S. Customers

coinbase on screen

Coinbase announced on Friday it is now allowing instant PayPal withdrawals for all U.S. customers. The company reported that U.S. customers can instantly withdraw Coinbase balances to PayPal, which will provide what Coinbase calls even faster access to their funds.  These withdrawals are free and incur no fees…. Read More

Facebook Expanding Blockchain Team Despite Claims It’s a Bunk Tech for Business

Facebook is aggressively recruiting to fill out its “secretive” blockchain research group and hopefully “disrupt” the payments sector, Cheddar reports, but sources say the company is having a hard time attracting key talent, “amid its many public scandals.” Recruiting problems may be a blessing in disguise… Read More

Coinbase Continues to Pursue Addition of More Digital Assets that are “Fully Compliant with Local Law”

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Coinbase announced today its intent to explore the addition of a “broad range of assets.” Coinbase has consistently stated its intent to add more digital assets over time. The company said its goal is to support digital assets that meet their standards and are “fully… Read More

Coinbase Debuts New OTC Trading Desk For Institutional Investors & Brings Ethereum Classic on Coinbase Wallet

Coinbase has officially launched its new OTC trading desk specifically for institutional investors, according to Cheddar. The launch comes just one month after Coinbase raised $300 million through its Series E funding round. While sharing details about the OTC trading desk, Christine Sandler, Head of Sales… Read More

Coinbase Exchange Cuts Remote Staff

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

Investment Firm Wilshare Phoenix Partners with Coinbase Custody on $500 Million Crypto Fund

Wilshire Phoenix, an investment firm that provides multiple services including advisor and asset management, has partnered with Coinbase Custody on a $500 million crypto fund. Coinbase Custody is part of digital asset marketplace Coinbase which claims more than 25 million global customers. According to Wilshire… Read More

Coinbase COO Says the Crypto Exchange Has No Plans for IPO

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

New World Order: Coinbase Valued at $8 Billion in Funding Round

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

San Diego LocalBitcoins Dealer Pleads Guilty to Money Laundering, Forfeits “Ill-Gotten Gains”

Jacob Burrell Campos, 21, plead guilty in San Diego yesterday to operating an unlicensed money business and agreed to forfeit $823,357.00, according to a news release from the US Attorney’s Office-Southern District of California. Mr Campos admitted he traded hundreds of thousands of dollars of… Read More

Coinbase Approved by New York State Department of Financial Services as Custody Trust Company

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

Coinbase Teams Up With Circle to Launch USDC Stablecoin

Crypto marketplace Coinbase announced on Tuesday it has teamed up with Circle to launch the USDC stablecoin. Coinbase reported that the new stablecoin is fully collateralized by U.S. dollars and supported by the marketplace and Circle as co-founding members of the CENTRE Consortium. According to Coinbase, customers… Read More

Coinbase Announces EU Expansion: Opens New Office in Dublin

Crypto marketplace Coinbase announced on Tuesday it has continued its European expansion by opening its new office in Dublin. According to Coinbase, the expansion will create new jobs and grow the burgeoning Irish crypto economy. The marketplace then confirmed that the number of its customers in the… Read More

Shade: Cobinhood Says Coinbase is Catching up to its ICO Platform with More Altcoin Listings

As we reported last week, Coinbase has announced a process where any and all altcoins can apply to list and trade on the growing Coinbase platform. Currently, the application process is free and Coinbase aptly notes that accepted crypto will be regulatory compliant and only… Read More

The Crypto Custody Conundrum

As the crypto markets have evolved rapidly during the last year and institutional investors (like Arca Funds) have begun to invest, fitting into the existing financial services framework has proven difficult. The primary debate around legacy intermediary systems and how they relate to real money… Read More

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