Tagged: coinbase

May 21, 2020 @ 11:52 am By JD Alois  |  

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

May 21, 2020 @ 8:22 am By Omar Faridi  |  

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

May 18, 2020 @ 11:17 pm By Omar Faridi  |  

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

May 15, 2020 @ 9:08 am By Omar Faridi  |  

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

May 12, 2020 @ 8:10 am By JD Alois  |  

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

May 8, 2020 @ 7:59 am By Omar Faridi  |  

London-based TokenAnalyst, an enterprise-grade provider of data and tools to help users understand and access blockchains and trade digital assets, is reportedly planning to shut down its services. A few members of the TokenAnalyst team will be joining the San Francisco-based crypto exchange  Coinbase. Established… Read More

April 30, 2020 @ 9:58 pm By Omar Faridi  |  

A recent analysis of the top 10,000 Ethereum (ETH) wallet addresses suggests that the world’s second-largest digital asset (by market cap and overall adoption) could potentially see its value increase significantly in the foreseeable future. This, as the blockchain network prepares to transition from proof-of-work… Read More

April 25, 2020 @ 7:13 pm By Omar Faridi  |  

San Francisco-based crypto asset exchange Coinbase has introduced its own price oracle in order to further enhance the resiliency of the price feed process. An oracle is a price feed offered by a third-party. It provides real-world financial data to a decentralized network. Nearly all… Read More

April 20, 2020 @ 2:39 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase has reportedly appointment former Head of Digital at Barclays, Brett Tejpaul as its new Head of Institutional Coverage. According to Coinbase, Tejpaul spent 17 years in global leadership roles in both the UK and U.S., including Global Head of Sales (across all… Read More

April 19, 2020 @ 10:06 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Friday its Coinbase Custody is launching support for Compound Governance, the related COMP token, and cTokens (cETH, cZRX, cUSDC, cBAT, cDAI). Coinbase reported that Coinbase Custody is currently the only custody provider and the only in-app voting experience for Compound…. Read More

April 17, 2020 @ 10:02 am By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Thursday it has launched a reward section in its mobile app. This news comes just days after Coinbase it has made several improvements to how customers may send and receive cryptocurrency through its platform and mobile app. According to Coinbase,… Read More

April 8, 2020 @ 3:54 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Tuesday it has made several improvements to how customers may send and receive cryptocurrency  The platform reported that currently millions of customers already send and receive funds through its services, but with the changes, the process is claimed to be… Read More

April 4, 2020 @ 10:05 am By Omar Faridi  |  

The questions surrounding whether certain crypto assets qualify as financial securities is becoming increasingly important within the blockchain or distributed ledger technology (DLT) sector. There are now several entities within the digital asset sector that are focusing on bringing greater understanding to this pressing issue…. Read More

April 1, 2020 @ 11:28 pm By Omar Faridi  |  

San Francisco-based digital asset exchange Coinbase claims that retail customers purchased Bitcoin (BTC), the flagship cryptocurrency, the most during the March 2020 market crash. As noted in a report from Coinbase (released on March 31, 2020), customers usually purchase about 60% more than they sell…. Read More

March 30, 2020 @ 11:42 pm By Omar Faridi  |  

Coinbase Commerce platform, which processes retail payments for merchants, has now handled over $200 million in total transactions during a two-year timeframe (since launch). As noted on Coinbase Commerce’s official website, the platform can accept and process major cryptocurrencies (within minutes), including Bitcoin (BTC), Bitcoin… Read More

March 29, 2020 @ 11:11 pm By Samantha Hurst  |  

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

March 26, 2020 @ 12:32 pm By Omar Faridi  |  

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

March 23, 2020 @ 10:29 am By Samantha Hurst  |  

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

March 20, 2020 @ 8:21 am By Omar Faridi  |  

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

March 17, 2020 @ 2:01 pm By Samantha Hurst  |  

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