Tagged: coinbase

January 10, 2019 @ 11:42 am By JD Alois  |  

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

January 7, 2019 @ 11:38 pm By JD Alois  |  

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

December 26, 2018 @ 2:56 pm By Samantha Hurst  |  

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

December 21, 2018 @ 9:58 am By Samantha Hurst  |  

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

December 19, 2018 @ 8:04 am By Samantha Hurst  |  

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

December 17, 2018 @ 8:10 am By Samantha Hurst  |  

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

December 14, 2018 @ 10:22 am By Cali Haan  |  

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

December 7, 2018 @ 5:19 pm By JD Alois  |  

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

November 29, 2018 @ 9:48 am By Samantha Hurst  |  

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

November 5, 2018 @ 1:28 pm By Cali Haan  |  

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

November 2, 2018 @ 9:49 am By JD Alois  |  

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

October 31, 2018 @ 12:29 pm By Cali Haan  |  

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

October 30, 2018 @ 12:16 pm By JD Alois  |  

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

October 30, 2018 @ 11:12 am By Cali Haan  |  

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

October 24, 2018 @ 7:18 pm By JD Alois  |  

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

October 23, 2018 @ 3:24 pm By Samantha Hurst  |  

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

October 16, 2018 @ 9:40 am By Samantha Hurst  |  

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

October 1, 2018 @ 4:52 pm By JD Alois  |  

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

September 30, 2018 @ 9:00 pm By Steven McClurg and Katie Talati  |  

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

September 26, 2018 @ 10:04 pm By Cali Haan  |  

Representatives from Wall Street and prominent US crypto investment/services firms are convening in Washington this week to attend a legislative roundtable hosted by Republican Representative Warren Davidson of Ohio, CNBC reports. Attendees at the roundtable, titled “Legislating Certainty for Cryptocurrencies,” are reportedly hoping to influence… Read More