Tagged: coinbase

Coinbase CEO Expresses Concerns About Potential New Regulations for Self-Hosted Crypto Wallets

Brian Armstrong, Co-founder and CEO at Coinbase, the leading US-based digital asset exchange, notes that this past week, the company heard rumors that the U.S. Treasury and Secretary Mnuchin had been planning to “rush out” some new regulations for self-hosted cryptocurrency wallets  – which would… Read More

Digital Asset Exchange Coinbase to Disable Margin Trading as Response to New CFTC Guidance

Paul Grewal, Chief Legal Officer at crypto exchange Coinbase, has confirmed that they’ve disabled margin trading on the platform. Grewal says that the move has come as a response to new guidance provided by the US Commodity Futures Trading Commission (CFTC). Grewal noted in a… Read More

Crypto Exchange Coinbase has Added Support for Civic (CVC), Decentraland (MANA), and district0x (DNT)

San Francisco-based crypto exchange Coinbase has added support for Civic (CVC), Decentraland (MANA), and district0x (DNT). Users of Coinbase.com (for retail traders) can begin trading these tokens. Support for CVC, MANA, and DNT tokens has also been added for Coinbase Android and iOS apps. Coinbase… Read More

Coinbase Milestone: Coinbase Card Makes Debut in the U.S.

Cryptocurrency platform Coinbase announced on Wednesday its Coinbase Card has made its debut in the U.S. Coinbase reported that the card allows crypto to be used for payments and purchases online and in-store, as well as ATM withdraws.  “The introduction of Coinbase Card was a significant milestone… Read More

Coinbase Reveals that it Received Over 1,900 Requests for Customer Information from Law Enforcement During H1 2020

Paul Grewal, Chief Legal Officer at Coinbase, says that trust is built through “transparency and honesty.” Grewal, the former VP and Deputy General Counsel at Facebook, writes in a blog post that as Coinbase continues its journey toward becoming the “most trusted” venue for traders… Read More

Coinbase Custody, a Qualified Custodian, Is Considering Adding Support for More Digital Assets

Coinbase Custody, a qualified custodian that operates as a standalone, independently-capitalized business to Coinbase Inc., is considering adding support for new crypto-assets. Coinbase Custody notes that it focuses on offering a “highly” secure and “sophisticated” storage solution for institutional investors and individuals that hold large… Read More

Coinbase Pro will be Adding Wrapped Bitcoin (WBTC) as New Crypto Trading Option

San Francisco-based crypto exchange Coinbase is launching Wrapped Bitcoin (WBTC) on Coinbase Pro, the digital asset trading platform for professional traders. WBTC trading will not be available to Coinbase.com users or via other mobile app platforms (for now at least). As confirmed by the exchange,… Read More

DeFi Protocol Wars Between Uniswap and SushiSwap Bodes Well for Decentralized Finance, Coinbase Argues

Blockchain-powered apps are designed to be more open and transparent than their traditional versions. According to Coinbase, this can be beneficial because individuals and organizations are able to inspect these projects and can also confirm that everything is working as it should. However, it’s also… Read More

Coinbase Enables Real-Time Card Withdrawals via Visa Direct Capability for Bitcoin (BTC), Ethereum (ETH), Other Digital Assets

Eddie Lo, Product Manager at US-based crypto exchange Coinbase, notes that one of the “defining characteristics” of digital currencies is that they can be “transacted instantly, anywhere, anytime.” Although this might not be true given the relatively high Bitcoin and Ethereum transaction fees and relatively slow… Read More

Coinbase Pro Adds Trading Support for Balancer (BAL) and Ren (REN) Tokens

US-based crypto exchange Coinbase will be allowing Coinbase Pro users to trade Balancer (BAL) and Ren (REN) tokens. The exchange confirmed: “Today October 1, 2020, transfer BAL and REN into your Coinbase Pro account ahead of trading. Support for BAL and REN will be available… Read More

Coinbase Users May Earn 5% APY in Certain Jurisdictions by Staking Cosmos (ATOM) Tokens via Platform

San Francisco-based crypto exchange Coinbase has introduced Cosmos (ATOM) staking rewards. The leading digital currency trading platform announced on September 29, 2020 that it will be allowing certain eligible customers to “easily start earning 5% APY” on their Cosmos (ATOM) held on Coinbase. The Coinbase… Read More

Coinbase CEO Brian Armstrong Clarifies that Digital Asset Exchange Is “Laser-Focused” on Achieving “Sustained High Performance”

Brian Armstrong, CEO at Coinbase, a leading cryptocurrency exchange, has noted that there have been many challenging events in the world this year, including the COVID-19 pandemic, social unrest, west coast wildfires, and other really difficult situations. Armstrong wrote in a blog post that everyone… Read More

Risky DeFi Token Yearn.Finance (YFI) to Launch on Coinbase Pro, the Platform for Professional Crypto Traders

On September 14, 2020, Coinbase Pro (for professional traders) users will be able to transfer  yearn.finance (YFI) tokens into their accounts ahead of scheduled trading. The San Francisco-based crypto exchange noted that support for YFI tokens will be available in all of its supported jurisdictions,… Read More

Ethereum Token Loopring (LRC), which Supports Non-Custodial Exchange Protocol, to Launch on Coinbase Pro

On September 14, 2020, Coinbase Pro users will have the option to transfer Loopring (LRC) tokens into their accounts ahead of trading. The exchange has confirmed that support for LRC tokens will be available in all of its supported jurisdictions, except New York State due… Read More

USDC Now on Algorand Bringing “Major Scalability and Performance Improvements”

The Centre Consortium has announced that USD Coin or USDC is now using Algorand – the second major blockchain after Ethereum to offer native support for the stablecoin. The Centre Consortium was founded by Circle and Coinbase – the creators of USDC which was announced… Read More

Ethereum Token UMA for Financial Contracts and Synthetic Assets, with $1.26 Billion Market Cap, to be Listed by Coinbase Pro

On September 4, 2020, Coinbase Pro users will be able to transfer UMA cryptocurrency tokens into their accounts ahead of scheduled trading. Support for the UMA digital currency will be available in all of the digital asset exchange’s supported jurisdictions, however, New York State residents… Read More

Fintech 250 List from Leading Business Analytics Firm Features 32 Unicorns including Affirm, Coinbase, Robinhood, Among Many Other Multinationals

CB Insights, a private New York based firm with a business analytics platform and database that offers market intelligence on private companies and investor activities, recently published its Fintech 250 (2020), which is its annual ranking of what it considers the “top” private global Fintech… Read More

Coinbase Pro to Add Celo (CELO), a Cryptocurrency Used by Platform that Makes it Easier to Send, Receive Stablecoins using Smartphones

San Francisco-based crypto exchange Coinbase is planning to add Celo (CELO), the native digital currency of an open-source platform that aims to make financial tools accessible to anyone with a smartphone or mobile device. Celo will only be offered on Coinbase Pro, which is the… Read More

Coinbase Welcomes Marc Andreessen & Gokul Rajaram to the Board

Cryptocurrency platform Coinbase announced on Monday it has welcomed Marc Andreessen, the Co-Founder and Operating Partner of Andreessen Horowitz, and Gokul Rajaram, Executive at DoorDash to its board of directors. Along with Andreessen and Rajaram joining the Board, Coinbase revealed two Board contributors will be… Read More

Coinbase Appoints Marcus Hughes As General Manager for Europe

Cryptocurrency platform Coinbase recently announced it has appointed Marcus Hughes as the new General Manager for its European division. According to Coinbase, Hughes served as General Counsel for the crypto platform’s international operations and in his upcoming role, he will be responsible for continuing to… Read More

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