Tagged: coinbase

Coinbase Announces Coinbase Custody COVID-19 Update

Cryptocurrency platform Coinbase recently announced a COVID-19 update for its Coinbase Custody feature. Coinbase reported that the Coinbase Custody pandemic business continuity plans anticipated “shelter in place” scenario and the Coinbase team has plans in place to ensure that continue to meet the team’s withdrawal… Read More

DeFi: Coinbase Wallet Integrates Platform with Decentralized Finance Apps to Allow Users to Issue Loans in Crypto and Keep Track of Interest Earned

Coinbase Wallet has integrated its platform with decentralized finance (DeFi) apps in order to allow customers to issue loans in digital assets and keep track of the interest growth directly from their digital wallets. Coinbase Wallet users have been allocating millions of dollars into DeFi… Read More

Cryptocurrency Platform Coinbase Pledges to Support Employees & Customers During COVID-19 Outbreak

Cryptocurrency exchange platform Coinbase announced on Friday its COVID-19 update. The platform reported that it is continuing to support its employees and customers during the outbreak. Brian Armstrong, CEO of Coinbase, stated in the update: “My first priority is the health and safety of our… Read More

Major Stablecoin USDC’s Market Cap has Increased by Over $200 Million Since March 1, 2020

The circulating supply for Circle and Coinbase’s stablecoin, called USD Coin (USDC), has increased considerably since the beginning of this month. USDC’s market cap has jumped by about $200 million since March 1, 2020. The US dollar-pegged USDC stablecoin’s market cap presently stands at over… Read More

Android Users May Now Add Coinbase Card to Google Pay Wallets

Cryptocurrency exchange platform Coinbase announced on Tuesday Android users may now add their Coinbase Card to their Google Pay wallets. Coinbase claims it is now the first company to enable users to make mobile payments powered by their crypto balances. “Google Pay gives Coinbase Card… Read More

Cryptocurrency Platform Coinbase Launches Bitcoin Transaction Batching

Cryptocurrency exchange platform Coinbase announced on Thursday it has launched Bitcoin transaction batching, which is a new feature that reduces the load that the platform puts on the Bitcoin blockchain and may actually save uses more than 50% on network fees. Coinbase further explained: “We… Read More

Cryptocurrency Exchange Coinbase’s Coinbase Custody Launches Redesign Product Experience

Cryptocurrency exchange platform Coinbase recently announced its Coinbase Custody has launched a completely “refreshed” product experience with a new interface. The Coinbase team notably updated its read-only API endpoints, as well as started paying for client network withdrawal fees for assets supported on Coinbase Pro…. Read More

Cryptocurrency Exchange Coinbase Tests Clearview AI’s Controversial Facial Recognition Software

Over two thousand firms have reportedly either tested or used facial recognition software solutions created by Clearview AI. The list of firms notably includes San Francisco-based crypto exchange Coinbase. BuzzFeed went through Clearview’s internal company documents and released its findings on February 28. The report… Read More

Jack Dorsey’s Payments Firm Square Releases Q4 2019 Earnings Report, Reveals Record-Breaking Quarter for Bitcoin Transactions

San Francisco-based Square, Inc. (NYSE:SQ), a payment and mobile financial service provider, has released its Q4 2019 earnings report, which notably highlights a record-breaking quarter for Bitcoin (BTC)-related transactions. Square’s management revealed that the company handled over $178 million in BTC purchase volumes during the… Read More

Coinbase Claims Multi-Billion Dollar EOS Blockchain Network Is Experiencing “Degraded Performance” [u]

San Francisco-based crypto-asset exchange Coinbase claims that EOS, one of the largest blockchain platforms for building decentralized applications (dApps), is experiencing serious technical issues. Coinbase’s management released a status update on February 20, noting that the EOS network has “degraded performance.” It added that  “sends… Read More

Coinbase Pro for Experienced Cryptocurrency Traders to Support Kyber Network’s KNC Token

Coinbase Pro, the leading digital asset exchange’s trading platform for professional or highly-experienced traders, is planning to add support for Kyber Network’s KNC token by next week. San Francisco-based Coinbase’s management confirmed on February 20 that clients would have the option to deposit Kyber’s KNC… Read More

Coinbase Becomes First Pure-Play Crypto Company to be Approved as a Visa Principal Member

Coinbase,  a leading digital asset marketplace, has become the “first pure-play crypto company to be approved as a Visa principal member,” according to a blog post. By becoming a principal member, Coinbase will be able to offer additional services. Principal members may also act as… Read More

Coinbase Commerce Adds Support for Major Stablecoin Dai, Merchants May Accept Dai Payments

Coinbase Commerce has added major stablecoin DAI as a new payment option for its merchant client base. As mentioned in a press release from Coinbase’s management, merchants using the Coinbase Commerce platform will be able to take payments made in the DAI stablecoin. Vendors can… Read More

Coinbase Custody Completes SOC 1 & SOC 2 Examinations

Cryptocurrency exchange platform Coinbase announced earlier this week that Coinbase Custody completes two System and Organization Controls (SOC) examinations. The examinations, SOC 1 Type 2 (SOC 1) and SOC 2 Type 2 (SOC 2) were done for the period of July 1, 2019 to December… Read More

San Francisco-based Crypto Exchange Coinbase to Expand Custody Services by Establishing Offices in Dublin

San Francisco-based crypto exchange Coinbase is reportedly expanding its institutional custody business through the establishment of a new office in Ireland, the company confirmed on January 29. Coinbase first introduced Coinbase Custody in 2017, in order to better serve its institutional clients, which include major… Read More

Coinbase Appoints Google’s Former Vice President of Product Surojit Chatterjee As New Chief Product Officer

Cryptocurrency exchange platform Coinbase announced on Wednesday it has appointed Google’s former Vice President of Product, Surojit Chatterjee, as its new Chief Product Officer. Coinbase reported that Surojit will play a “critical role” in making the crypto-economy accessible to millions of more people through its… Read More

85% of Blockchain Professionals Employed by Crypto Exchanges, App Developers, Mining Facility Operators: Report

The Digital Asset Human Capital Trends Report was recently commissioned by the Blockchain Association, an organization of active industry participants who promote efforts related to innovation and the collaboration needed to support US leadership of the crypto-assets sector. The companies included in the research sample… Read More

Coinbase’s Brian Armstrong Looks Back at Cryptocurrency’s Progress Over the Past Decade

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  Following the celebration of the new year/2020’s, Coinbase’s Co-Founder and CEO, Brian Armstrong, revealed his thoughts about cryptocurrency’s progress over the past decade. He observed the following: Armstrong stated that Bitcoin did not fail, as many predicted. He stated: “It’s easy to forget, but… Read More

Coinbase CEO: Apple Prohibiting “Decentralized Applications” at App Store

Brian Armstrong, the CEO of the Coinbase cryptocurrency exchange, has written on Reddit that, “Apple seems to be eliminating usage of Dapps from the App Store.” (NASDAQ:APPL) “This is really unfortunate to see,” he writes. According to The Block, Coinbase Wallet has issued a notice… Read More

Coinbase Reportedly Plans to Shut Down Cryptocurrency Learning Platform Earn.com

Cryptocurrency exchange platform Coinbase is reportedly set to shut down the cryptocurrency learning platform, Earn.com. This news comes just a little over a year and a half after Coinbase acquired Earn.com. As part of the acquisition, Earn’s Co-Founder and CEO, Balaji Srinivasan, joined Coinbase and… Read More

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