Tagged: coinbase

Coinbase Reportedly Planning IPO, Crypto Industry Comments on Possibility of First Digital Asset Exchange to Go Public in the US

Coinbase is reportedly planning an initial public offering (IPO) at some point later this year or early next. First reported by Reuters, the news really comes as no surprise as its valuation has risen dramatically and the digital asset sector of Fintech continues to gain… Read More

For the First Time Ever, Ethereum Address with 100,000 USDC Stablecoins Gets Blacklisted Following Orders from Law Enforcement

An Ethereum address, for the very first time, with 100,000 USDC stablecoin was recently blacklisted. The transaction, which may be viewed via Etherscan, an Ethereum (ETH) blockchain explorer, confirms that a “blacklist(address investor)” function was initiated on June 16, 2020, by 0x5dB0115f3B72d19cEa34dD697cf412Ff86dc7E1b, which is an… Read More

Cardano’s ADA Might be Listed on Coinbase in Late 2020, While Token’s Holders May Soon Stake It via Coinbase Custody

Cardano’s native crypto token, ADA, might get listed on San Francisco-based digital asset exchange Coinbase by the end of this year. ADA investors will soon have the option of staking their digital assets via Coinbase Custody. A representative from IOHK (Input Output Hong Kong), the… Read More

Decentralized Finance Protocol Compound’s COMP Tokens Now Supported by Coinbase Earn

DeFi protocol Compound’s native COMP token is now available on Coinbase Earn, a platform that allows users to earn cryptocurrency while they learn about how digital assets and blockchain tech work. Coinbase Earn allows users to earn many different crypto-assets including EOS, stablecoin Dai, and… Read More

Decentralized Finance Protocol Compound Sees Dramatic Increase in Lending Activity due to COMP Token “Farming”

A new type of user reward scheme to distribute the Compound governance tokens (COMP) has led to a significant increase in the amount of value locked into the leading decentralized finance (DeFi) protocol. Traders using Compound are now “farming” COMP tokens. Notably, the total value… Read More

Coinbase Launches Rosetta API, Kadena is One of the First Blockchain’s to Utilize

  As part of their “master plan,” Coinbase has announced today the launch of Rosetta. In a blog post, Coinbase Chief Product Officer Surojit Chatterjee said the open-source specification and set of tools making the integration with different blockchains simpler, faster, and more reliable. Rosetta… Read More

Coinbase Is Considering Adding Bancor (BNT), DigiByte (DGB), Other Assets, as 22,000 More BTC Is Reportedly Leaving Exchange Per Day than Being Deposited

San Francisco-based crypto exchange Coinbase says it will continue to explore and consider adding support for new digital assets. The exchange says it aims to offer support for all crypto-assets that meet its technical requirements and standards and which also adhere to applicable laws. The… Read More

Coinbase Claims Most of its Trades Executed Smoothly via its APIs during Recent Outage as Bitcoin (BTC) Price Surged

Digital asset exchange Coinbase confirms that it experienced an outage on June 1, 2020, that reportedly affected the operations of Coinbase.com (mainly for regular or retail traders), Coinbase Pro for professional or institutional traders, and it also impacted the exchange’s mobile applications. Not all cryptocurrency… Read More

Crypto Rating Council Argues that XRP, Tron (TRX), and Polkadot’s DOT Token Might Potentially be Classified as Securities

The Crypto Rating Council (CRC) has previously noted that Tron’s TRX, Nervos’ CKB token, and Polkadot’s DOT token might potentially be classified as financial securities, or at least there’s a fair chance they could. The CRC’s initial report on these digital assets was released in… Read More

Coinbase Adds Maker (MKR) Governance Token, Will Support MKR-BTC, MKR-USD Trading, but No ETH

San Francisco-based crypto exchange Coinbase has confirmed that on June 8, 2020, it will begin taking inbound transfers of Maker (MKR) to Coinbase Pro, the platform for professional digital asset traders. The exchange operator said that users may start trading MKR via Coinbase “on or… Read More

Coinbase Introduces Tezos (XTZ) Staking to Earn Rewards by Passively Holding Crypto on the Exchange in the UK, certain EU Countries

San Francisco-based cryptocurrency exchange Coinbase is focused on providing more ways for users to earn financial rewards by simply holding digital assets. Coinbase recently introduced Tezos (XTZ) staking rewards for its US-based customers. The exchange will now be offering this option to its UK clients… Read More

Coinbase Set to Acquire Institutional Crypto Brokerage Tagomi

Cryptocurrency platform Coinbase announced on Wednesday it is set to acquire Tagomi, a U.S.-based institutional crypto brokerage platform. Coinbase revealed that the acquisition will cap off a period of strong institutional focus for its platform. “We’re at an inflection point in the industry, with some of… Read More

Insider Trading? OmiseGo (OMG) Surges 200% Just 15 Minutes after Coinbase Listing, but then Crashes Immediately

San Francisco-based cryptocurrency exchange Coinbase began supporting trading with OmiseGo (OMG) on May 21, 2020. The OMG token price surged 200% in only 15 minutes after the listing, however, it then crashed immediately. OMG is trading at $1.88 at the time of writing, down 5.44%… Read More

Coinbase Enables Cosmos (ATOM) Staking, Adds OmiseGO (OMG) Support, Becomes Primary Custodian for FTX Crypto Exchange

Coinbase Custody, the digital asset custody solutions offered by San Francisco-based exchange Coinbase, has introduced staking for blockchain interoperability platform Cosmos’ ATOM tokens. Coinbase Custody was reportedly the first digital asset custodian to provide staking and “active governance” for cryptocurrencies residing in cold wallets (offline… Read More

Sector-Wide Attitudes are Shifting as Crypto Moves into Mainstream Acceptance

  Last week it was reported that JPMorgan (NYSE:JPM), one of the largest banks in the world and the doyenne of Wall Street big banks, is providing banking services to both Coinbase and Gemini. More specifically, JPMorgan is providing cash management services like wire transfers,… Read More

Joseph Otting to Step Down as Comptroller of the OCC, Former Coinbase Chief Legal Officer & Current OCC First Deputy Brian Brooks to Become Acting Comptroller

Comptroller of the Currency Joseph M. Otting will step down from the office on May 29, 2020, according to a release posted by the Office of the Comptroller of the Currency (OCC).  Current OCC First Deputy and Chief Operating Officer Brian P. Brooks will take… Read More

Coinbase to Move to a Remote-First Work Policy, Due to COVID-19 Outbreak

Brian Armstrong, CEO at San Francisco-based crypto exchange Coinbase, noted on May 20, 2020 that the firm would be moving to a remote-first policy, due to the COVID-19 outbreak. This means that most Coinbase employees will be able to work remotely from home. Armstrong confirmed… Read More

Uniswap, an Ethereum-based Non-Custodial Cryptocurrency Exchange, Launches Second Version of Protocol

Uniswap, a widely-used non-custodial digital asset exchange, has revealed that the second version of the decentralized protocol has now been launched. The developers of Uniswap had noted in March 2020 that they would be releasing the second iteration of the decentralized finance (DeFi) protocol. Uniswap’s… Read More

Coinbase Research: Bitcoin (BTC) May Serve as Gateway to Investments in Other Cryptocurrencies or Altcoins like Ethereum

Bitcoin (BTC), the flagship cryptocurrency, may serve as a gateway for investors to consider buying other digital assets or “altcoins” (alternative coins). According to research conducted by San Francisco-based crypto exchange Coinbase, 60% of first-time virtual currency investors purchase Bitcoin at first. However, only 24%… Read More

JPMorgan is Now Providing Banking Services to Coinbase, Gemini – Report

According to a report in WSJ.com, JPMorgan is now offering banking services to two well known digital asset exchanges – Coinbase and Gemini. Typically, digital asset exchanges have been shunned by big banks as compliance officers have viewed the risk as too large fearing the… Read More

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