Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel
by Surojit Chatterjee, Chief Product Officer, CoinbaseTl;dr: This week I presented our vision for building for web3 at the Permissionless conference by Blockworks. Sharing my full presentation here.My Permissionless presentation on how Coinbase is buil…
TL;DR: Coinbase is announcing its partnership and investment in the WNBA ecosystem.Today, Coinbase is excited to announce our expanded investment within the Women’s National Basketball Association (WNBA) ecosystem. In addition to the League, our new pa…
By Paul Grewal, Chief Legal OfficerTl;dr: At Coinbase, we take our responsibility to build a more open, accessible financial system very seriously. We’re deeply committed to our asset listing policies and processes, and we’ll continue to innovate as ou…
Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase to Reassess Headcount Needs, Focus on Integrating Recent Hires Cryptocurrency […]
Coinbase’s new “crypto native think tank” features an advisory board of finance and law academics from top United States universities and will publish original research to shape policies around crypto.
By Kate Rouch, Chief Marketing OfficerThis week Coinbase celebrated a milestone of 10 years in business by doing what we do best — building! Just this week: Coinbase unveiled our web3 mobile dapp and DeFi wallet and browser, announced our Primer Commer…
Trading platform Robinhood is launching a non-custodial, web3 cryptocurrency wallet. “Customers will be able to hold the keys for their own crypto,” the company said. Robinhood Building Non-Custodial, Web3 Wallet Popular trading platform Robinhood announced Tuesday that it is “building a brand new non-custodial, web3 wallet that will allow customers to have total control of […]
Introducing the Coinbase Institute: Advancing the policy debate around crypto and the future of web3By: Hermine Wong, Director of the Coinbase InstituteTl;dr: Today signals the launch of the Coinbase Institute, a global crypto-native think tank. Our mi…
Coinbase announced today that it will slow its hiring process this year and reassess its headcount as it struggles with the market downturn.
The post Coinbase to slow hiring and expansion due to market downturn appeared first on CryptoSlate.
By Jesse Pollak, Senior Director of Engineering at CoinbaseTl;dr:Coinbase is committed to its vision of investing in web3 and the broader cryptoeconomy.We’re embodying this vision by integrating, building, and supporting protocols at Coinbase.Protocols…
Tl;dr: Enterprise-grade liquid staking is an industry gap. The first-ever enterprise-grade liquid staking protocol is being launched by a highly experienced team of founders, with early support from Coinbase Cloud and Figment.We couldn’t be more excite…
Tl;dr As part of our goal to continually improve the trading experience and better protect our customers, we are making changes to our market parameters on June 2, 2020 .Min Order Size Limits: Simplifying with just a check on notionalAs crypto asset pr…
TL;DR: Our latest integration with Primer will enable merchants to quickly and easily add cryptocurrency acceptance into their checkout experiences.As the payments ecosystem continues to evolve, the checkout experience is getting even more complex. Con…
By Emilie Choi, President and Chief Operating OfficerI shared an update with our employees today that I want to also share publicly. Please note that these changes are not expected to have any material impact to our previously communicated expense outl…
Use popular Ethereum dapps with Coinbase’s new dapp wallet and browserTl;dr: This post highlights the ability to access and explore web3 directly from your Coinbase app, powered by our new dapp wallet and dapp browser.By Rishi Dean, Director of Product…
“Nothing about Coinbase changed this week, we are the same company we were yesterday, or a year ago. If anything, we are in an even stronger position given our balance sheet,” assured Coinbase CEO Brian Armstrong.
The stock price of listed BTC mining companies and other businesses with exposure to cryptocurrency are dropping to yearly lows as the crypto market continues to sell-off.
By Brian ArmstrongSharing a note I sent to the Coinbase team last night.We have a cultural norm not to discuss short term stock price fluctuations, but I’m going to break our norm in this case given the wild volatility we’re seeing. I realize it can be…
Tl;dr: Coinbase enables web3 developers to integrate Coinbase Pay into their dapps, and MetaMask will be the first external wallet integration.By Prakash Hariramani, Senior Director, Product Management, and Bipul Sinha, Senior Product ManagerWe launche…
Crypto analyst Caleb Franzen says that we’re currently in a bear market.
The post Analyst says crypto stocks performance is proof we are in bear market appeared first on CryptoSlate.
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India Coinbase Global provided an update on its Indian operation during the company’s earnings […]
“I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling,” said Coinbase CEO Brian Armstrong.
“There are so many customers beating a path to our door that we have to have all hands on deck just to keep everything running,” Coinbase CEO Brian Armstrong explained on earnings call.
Tl;dr: This shelf registration positions Coinbase to prospectively access the capital markets quickly and efficiently when needed or when market conditions are optimal.Today we filed a shelf registration statement with the Securities and Exchange Commi…
Tl;dr: Apply for our summer 2022 Community Ambassador Program here. If you live and breathe crypto or you’re simply crypto-curious and want to gain more exposure to the industry, this is the perfect opportunity. Program rolls out June through August 20…
Thieves in the United Kingdom are now mugging digital investors and stealing victims’ phones to access their crypto investments, the Guardian reported, citing London Police.
The post UK thieves targeting phones to steal crypto appeared first on CryptoSlate.
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions. Coinbase Reportedly Asks Russian Clients to Withdraw Funds Some Coinbase […]
On May 4, the FOMC voted to raise interest rates by 50 basis points. Here’s why Bitcoin investors need to care about central bank’s policy.
By Elke Karskens, Head of EMEA MarketingAwards season is in full swing across Europe, and this week we were delighted to win Best Digital Asset Custodian 2022 in HFM Europe Services’ annual awards. This success further underlines both our integral role…
How Coinbase is using Relay and GraphQL to enable hypergrowthBy Chris Erickson and Terence BezmanA little over a year ago, Coinbase completed the migration of our primary mobile application to React Native. During the migration, we realized that our ex…
After almost seven months and over 8.4 million emails on the waitlist Coinbase opened its NFT marketplace to the public but only recorded 150 transactions on the big day.
After opening its NFT marketplace to a selected number of users last month, all Coinbase users will now have access to the platform, according to an announcement released by the firm.
The post Coinbase’s NFT marketplace is not getting the entry it expected appeared first on CryptoSlate.
Other notable NFT news this week includes Larva Labs deleting all of its Tweets and Elon Musk briefly changing his Twitter PFP to Bored Ape Yacht Club collage.
The crypto exchange previously announced the acquisition of blockchain infrastructure platform Bison Trails as well as the Routefire platform.
By Darin Carter, Coinbase Giving Program ManagerWhat is the Innovation ChallengeThis fall, Coinbase Giving launched the Blockchain Breakthroughs Innovation Challenge as a step to raise awareness about blockchain technology and make it more inclusive an…
Macro headwinds continue to hamper Ethereum’s long-term upside prospects.
Another leading centralized crypto exchange, Kraken, has thrown its hat into the non-fungible token space with the launch of a waitlist for the beta version of a marketplace for this class of digital assets.
The post Kraken joins list of centralized exchanges with NFT marketplace appeared first on CryptoSlate.
Bentley University, the private university located in Waltham, Massachusetts, has revealed it now accepts digital currencies for tuition payments. Bentley University’s president explained that the school has been “at the forefront in preparing business leaders” and further remarked that the faculty is “proud to embrace” the same technology its students are learning about today. Bentley […]
Tl;dr: This report updates on what Josie, a Bitcoin CoreDev, and Coinbase Crypto Community Fund grant recipient, has been working on over the first part of their year-long Crypto development grant. This specifically covers their work on bitcoin transac…
By L.J Brock, Chief People OfficerOvernight I saw the note from Brian Chesky announcing to Airbnb employees that they would be moving to a permanent remote-working model. I applaud Brian and his team. While it may sound simple in a post-pandemic era, t…
“There is always the possibility that someone inside Coinbase could, wittingly or unwittingly, leak information to outsiders engaging in illegal activity,” said Brian Armstrong.
By Yuga Cohler, Staff Software Engineer at CoinbaseThe Merge is coming. The long-awaited transition of the Ethereum network’s consensus mechanism from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is expected to arrive sometime this year. After the Merge…
By Brian Armstrong, CEO and CofounderTl;dr: We review assets as thoroughly and quickly as possible, and list everything that we can safely and legally. But there is always more we can do to improve our asset listing process.Recently, members of the cry…
By Darin Carter and Trent Fuenmayor, Coinbase GivingTl;dr: We continue to invest in high impact projects that advance economic freedom around the world. We’ve pledged $10M in Q1 and supported more than 20,000 people. More to do.Coinbase Giving is the e…
As crypto becomes increasingly mainstream, our mission to bring economic freedom to the world by powering a crypto ecosystem accessible to all is more important than ever. A crucial factor to accessibility is helping ensure everyone can safely and appr…
By Joe Lallouz, Head of Coinbase CloudCoinbase Cloud is pleased to announce support of liquid staking through a collaboration with the Acala Foundation, starting with KSM liquid staking on Karura.Liquid staking lets token holders stake their tokens whi…
Here are 5 crypto-related companies that are looking for roles to fill in the Philippines.
The post 5 International Crypto Companies Hiring in the Philippines appeared first on BitPinas.
The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, says Apple has not played nice with crypto, noting that the tech giant has banned a bunch of crypto features in its App Store. Apple’s anti-crypto policy raises “potential antitrust issues,” said the Coinbase executive. Potential Antitrust Issues Coinbase CEO Brian Armstrong talked about Apple’s […]
By Michael Li, Vice President, Data at CoinbaseHackathons have been a long-standing and important part of Coinbase culture, as they give our engineering teams the opportunity to collaborate with one another and experiment directly with the tools that a…
By Heidi Wilder, Special Investigations Manager & Tammy Yang, Blockchain ResearcherIllicit actors are often attracted to the newest forms of technology, and bridges are unfortunately no exception to that rule. Illicit actors are defined as individu…
Five months ago, Bitcoin.com News published a story concerning the speculation surrounding the third-largest bitcoin wallet, as many observers believe the address is a mega whale. The report noted at the time that the address “1P5ZED” shows all the tell-tale signs that it’s an exchange platform, but to this very day speculators still assume and […]
The potential acquisition would follow Coinbase CEO Brian Armstrong announcing plans to expand to every country in which the exchange can legally operate.
Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor DempseyTLDR:Despite the market downturn, Q1 was another highly active quarter for crypto venture funding.On the infrastructure side, we’re seeing a ton of ac…
Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them. Regulatory Uncertainty and Ignorance There may be several […]
Nasdaq-listed crypto exchange Coinbase has launched a Web3 social marketplace for non-fungible tokens (NFTs) in beta. In addition, the exchange noted that for a limited time, there will be no Coinbase transaction fees. ‘Coinbase NFT’ Officially Live in Beta Nasdaq-listed cryptocurrency exchange Coinbase announced Wednesday that “Coinbase NFT” is officially live in beta. Coinbase NFT […]
By Heidi Wilder, Special Investigations Manager & Tammy Yang, Blockchain ResearcherIntroductionRecent questions have been raised about how bridges and mixers work both for legitimate business purposes and illicit financial transactions.Although mix…
More than 8.4 million email addresses were on the waitlist for Coinbase NFT, with the project saying it would be available to everyone over 18 years old “in the coming weeks.”
Image by Amber VittoriaBy Sanchan Saxena, VP of Product, Ecosystem Productsgm NFT Community,Last year we announced Coinbase NFT, a Web3 social marketplace for NFTs. Since then, we’ve been building in the open and getting input from the NFT community. W…
Leading cryptocurrency exchange, Blockchain dot com is aiming to go public via an Initial Public Offering (IPO) potentially before the end of 2022, Bloomberg News reported, citing people familiar with the matter.
The post Blockchain.com aiming for IPO in 2022 appeared first on CryptoSlate.
Will Coinbase’s latest efforts help to level the user playing field? Perhaps, but more adoption, liquidity and regulation will also be needed.
As the dust settles following the release of the Conibase exploration list, MITX, KROM and BDP have emerged as the big winners with triple-digit price gains.
Part 3 — Blockchain heuristics through timeIn our last post we introduced the cornerstone of scaling up blockchain analysis, commonspend, and its pitfalls. In this blog post we’ll explore more complex and novel blockchain analysis scaling methods, thei…
By Faryar Shirzad, Chief Policy OfficerThe digital economy is permanently changing the nature of financial services globally and digital assets are at the center of much of this rapid change. This is something clearly understood by the UK Government. J…
The Lightning Network implementation may be against business plans of some crypto exchanges, or simply not a priority for others, several community members suggested.
Some of the biggest crypto exchanges operating in India have disabled the option to deposit fiat via the United Payments Interface (UPI) amid regulatory uncertainty after its operator denied knowledge of its use by crypto firms, Reuters reported, citing an industry source.
The post Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty appeared first on CryptoSlate.
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges. Indian Exchanges Stop Offering Major Payment Options Options to deposit Indian rupees […]
Crypto exchange Coinbase has generated controversy due to its listing process. The platform recently posted a list of possible projects to include which, according to pseudonym user PastryETH, makes some wonder if Coinbase is “willfully ignorant, or intentionally deceiving?”. Related Reading | Arthur Hayes’ Crystal Ball Predicts: Bitcoin And Ethereum To See Carnage In June Some of the projects were created before 2020 and have a dubious reputation. Amongst these tokens is Big Data Protocol (BDP), Pastry said. This project managed to attract over $6 billion in total value locked (TVL) and generate a lot of hype. This allowed BDP whales to “dump” their tokens on retail investors, as discovered by Igor Igamberdiev, The Block’s director of research. As Pastry noted: These addresses farmed massive amounts of $BDP and dumped it on LPs in BDP’s Pool2 which rewarded users with $bAlpha for providing liquidity to BDP/ETH. It was exit liquidity for whales. The BDP token feel from $13 to $3, while bAlpha dumped from $25k to $5k. Second on the list is BOTTO which, the pseudonym user said, has a market cap of around $4 million. Therefore, could see high volatility and an illiquid market cap to the detriment of its potential traders. Pastry asked the following about Coinbase’s prospects: Really, Coinbase? Are you not aware of the risks you expose thousands of traders to by listing a project that is so small and illiquid? Coinbase does $327 BILLION in quarterly trading volume, yet they want to list a project with a market cap of $4m. Irresponsible. The same goes for $KROMATIK another of Coinbase’s potential crypto to add to its platform. The token has a small market of under $10 million. Pastry questioned the rise in its trading volume just days before Coinbase’s announcement. Is Coinbase Purposely Listing “Crypto Scams”? MONA and PMON made the list. The former has a small market cap with a daily trading volume of around $10,000 which, Pastry emphasized, could be hurtful for the users. On the other hand, PMON is a project dubbed “one of the largest marketing failures this bull-run, by Zachxbt a popular investigator. Similar to BDP, this token was used by insiders to dump on retail investors, according to Pastry. On the list, there was also RAC a token with a $0 trading volume, and Student Coin (STC) a project with a similar trading volume. The list is comprised of mostly unknown crypto, according to the pseudonym user, with high probabilities of hurting the users due to low trading volume or illiquid markets. Responding to the question of whether the exchange is listing out of “ignorance or malice”, Pastry said, he referred to evidence of a potential Coinbase insider purchasing large amounts of the tokens before the listing announcements. Presented by influencer Cobie. Found an ETH address that bought hundreds of thousands of dollars of tokens exclusively featured in the Coinbase Asset Listing post about 24 hours before it was published, rofl pic.twitter.com/5QlVTjl0Jp — Cobie (@cobie) April 12, 2022 Pastry concluded: Coinbase, If you want to maintain what little relevancy you have left, I recommend you hire a new listing department ASAP (direct messages are open, by the way). You are listing utter trash and subjecting thousands of your users to unnecessary risk in the process. Do better. Related Reading | TA: Ethereum Steadies Above $3K, Why Upsides Could be Capped At the time of writing, ETH trades at $3,000 with a 1.4% profit in the last hour.
Coinbase has announced that it’s considering listing new tokens on its platform, but that’s not the news; popular crypto guy Cobie discovered an Ethereum address that bought roughly $400,000 worth of the listed tokens 24 hours before the exchange’s announcement.
The post Ethereum wallet buys $400K worth of tokens 24-hours before their Coinbase listing appeared first on CryptoSlate.
Market data aggregator CryptoCompare has named Coinbase the most transparent and accountable crypto exchange in the world, per the firm’s latest report that ranked 150 trading platforms.
The post Report: Coinbase is least risky crypto exchange to trade on appeared first on CryptoSlate.
By George Liu and Matthew TurkIn part one of this quant research piece, we introduce the decentralized finance (DeFi) collateralized lending platform known as Compound Finance and discuss its use case for stablecoins, in comparison to the notion of a “…
Payment services providers have also cut ties with major crypto exchanges even when the same is available for gambling and fantasy sports platforms.
The “top-tier” exchanges as ranked in a report by CryptoCompare increased their market share to 96% in February 2022.
The digital currency trading platform Coinbase is producing a three-part film series with the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC). The films will be crafted by Coinbase Entertainment and feature select BAYC NFT characters that will be crowdsourced from the Bored Ape NFT community. Coinbase Entertainment Is Working on a Three-Part […]
Starting immediately and as part of an effort to increase transparency by providing as much information symmetry as possible, Coinbase will be using this blog post as a pilot to communicate assets under consideration for listing in Q2 2022 (April 1st, …
SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish.
Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically leveraged by exchange-traded products and other investment vehicles. 11 Crypto Assets Get Reference Rate Treatment From CME Group and CF Benchmarks CME […]
Cryptocurrency exchange Coinbase has announced that it is launching full-scale crypto trading in India with Unified Payments Interface (UPI) support. However, moments later, the National Payments Corporation of India (NPCI), which developed UPI, stated that no crypto exchange is using the UPI system. Coinbase Launches in India, Hit With UPI Problem The Nasdaq-listed cryptocurrency exchange […]
Coinbase is reducing the number of confirmations required for several assets on the platform. We expect this change to both improve customer experience and security posture.What’s changedNew confirmation requirements for Bitcoin, Litecoin, Ethereum, an…
At the Bitcoin 2022 conference in Miami, Block, Inc., formerly Square, Inc., announced three new bitcoin services for the company’s mobile payment platform. The mobile payment platform Cash App will feature a “paid in bitcoin” service that allows users to auto-invest their work pay into bitcoin. Cash App Adds 3 New Bitcoin Services Jack Dorsey’s […]
By Muneeb Imtiaz, Senior Product ManagerAt Coinbase, we’re reimagining the crypto spending and earning experience by building products that are safe, trusted, and easy-to-use. That’s why we’re enhancing Coinbase Card to give customers more flexibility …
With a market cap of over $2 trillion, crypto has given birth to several billionaires since the first Bitcoin was mined.
The post Binance CZ’s $65B networth makes him almost 3x richer than FTX SBF appeared first on CryptoSlate.
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality based AI generated avatar creation platform featuring the Adidas Originals’ Ozworld shoe collection. Adidas Collaborates With […]
The new crypto tax regime in India has finally gone into effect, and it appears to be affecting the trading volume in the country.
The post Trading volume drops as 30% capital gains tax on crypto tax goes into effect in India appeared first on CryptoSlate.
Coinbase is focusing on growing the crypto and Web3 ecosystem in India. “Combined with India’s world-class software talent, we believe that crypto and web3 technology can help accelerate India’s economic and financial inclusion goals,” said CEO Brian Armstrong. Coinbase Expanding in India With Web3 and Crypto Push The Nasdaq-listed cryptocurrency exchange Coinbase revealed its plan […]
Coinbase unveiled that it will be significantly expanding its presence in India, growing both its employees and investments in the country.
The post Coinbase unveils its aggressive Indian expansion strategy appeared first on CryptoSlate.
Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India’s financial inclusion goals via crypto and Web3 investments.
By Brian ArmstrongAt Coinbase, we believe that crypto is the best tool that exists to advance our mission of increasing economic freedom in the world. But for crypto to reach its potential, it needs to be easy for anyone, anywhere in the world to use i…
By Brian ArmstrongAt Coinbase, we believe that crypto is the best tool that exists to advance our mission of increasing economic freedom in the world. But for crypto to reach its potential, it needs to be easy for anyone, anywhere in the world to use i…
By Coinbase Special Investigations TeamIn our last post we walked through the basics of blockchain analytics and attribution. In this follow-up post, we will demonstrate how powerful blockchain analytics is and how tricky it can get at scale. We’ll sta…
Coinbase, a leading U.S.-based cryptocurrency exchange, is reportedly close to acquiring 2TM, the unicorn company that owns Mercado Bitcoin, the biggest crypto exchange in Latin America (Latam). The exchange has reportedly been in talks to acquire the company since last year, and the deal could be closed in April according to local media, seeing Coinbase […]
By Coinbase Special Investigations TeamIntroBitcoin and many other cryptocurrencies are often referred to as pseudonymous. Everyone can view records on a public ledger, but not necessarily know who’s behind each address or transaction. But what does ps…
A Brazilian newspaper, Estadão, reported that Coinbase could complete the acquisition of $2.2 billion 2TM, the company behind Mercado Bitcoin, by April.
By Paul Grewal, Chief Legal OfficerBad facts make bad law. We see this in jurisdictions all over the world, especially when it comes to digital assets. Unfortunately, we are about to see this again — this time in the European Union — in the form of a r…
The Nasdaq-listed cryptocurrency exchange Coinbase has made some changes to its services for customers in three countries. “This change will only impact users in Canada, Singapore, and Japan who are transferring digital assets from their Coinbase exchange wallet to a wallet off the Coinbase platform.” Changes Affecting Coinbase Customers in Canada, Japan, Singapore The Nasdaq-listed […]
Certain Coinbase users will need to disclose recipient information when sending cryptocurrencies to non-Coinbase wallets.
Coinbase’s Applied Researcher, Yehuda Lindell, has won the prestigious “Test-of-Time” award for 2022 from the International Association of Cryptologic Research (IACR). The “Test-of-Time” award recognizes papers published 15 years ago that have had a la…
In this week’s DeFi newsletter we discuss Cardano founder’s admission about his DApp prediction, Coinbase Cloud’s latest Avalanche-based developer tool, some of the biggest gainers and much more.
Hierarchical Threshold Signature Scheme — An Approach to Distinguish Singers in Threshold Signature SchemeThis report updates on what AMIS, Coinbase Crypto Community Fund grant recipient, has been working on over the first part of their year-long Crypt…
DOGE was higher during today’s session, as it was reported that a Bitcoin ATM operator added the token to its Kiosks. This comes as cardano also added to recent gains, after it was revealed that Coinbase is now offering cardano staking. Despite this, it was axie infinity (AXS) that led Thursday’s gainers. Axie Infinity (AXS) […]
By Coinbase Security TeamAs part of our mission to build a more fair, accessible, efficient, and transparent financial system enabled by crypto, we actively monitor for security threats not only to Coinbase but to the crypto ecosystem as a whole. As we…
On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the top ten crypto assets by market cap and its proof-of-stake (PoS) blockchain “seeks to be more flexible, sustainable, and scalable.” Coinbase Now Offers Cardano Staking […]
The Dev Migration — Leaving Web2 for Web3An interview with Varsha Mahadevan, Software Engineering ManagerIn the last six months, Google searches for ‘Web3’ have grown more than 33x as people begin to look into the movement towards decentralization. Thi…
By Rupmalini Sahu, Senior Product ManagerAt Coinbase, we’re focused on offering more ways for customers to earn crypto rewards. Today, we’re expanding our staking offerings to include Cardano (ADA) with plans to continue to scale our staking portfolio …
By Paul Grewal, Chief Legal OfficerCoinbase recently won a case against a particularly aggressive patent troll. Today, we want to share some of what we learned in this fight — and what we’re doing to help more companies in the crypto community and beyo…
Coinbase Cloud announced yesterday that it had launched a new suite of tools for Avalanche blockchain.
The post Coinbase Clouds rolls out new developer suite for Avalanche appeared first on CryptoSlate.
Coinbase Cloud provides web3 APIs, services, and infrastructure to power the next generation of software builders. As part of our vision to empower developers building the future of web3, we are launching a suite of blockchain infrastructure solutions …
The JVCEA will release a “green list” of 18 cryptocurrencies that will no longer be subject to screening by Japanese crypto exchanges before listing.
A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and shiba inu (SHIB). Lawsuit Claims Coinbase Sold 79 Unregistered Crypto Securities to Customers A class-action lawsuit was filed last week against Coinbase Global Inc., Coinbase […]
Investing directly in Bitcoin turned out to be a better bet than owning Coinbase stock since its IPO.
Leading US-based crypto exchange, Coinbase has added support for Solana to its self custody wallet.
The post Solana joins list of networks supported by Coinbase wallet appeared first on CryptoSlate.
Coinbase has added wallet support for SOL and Solana-based tokens, and has outlined that it will look to support NFTs and dApps on the blockchain in the future too.
Coinbase Wallet browser extension now offers support for sending, receiving, and storing Solana and SPL tokensBy Adam Zadikoff, Senior Product ManagerMaking web3 more user-friendly means more ways to interact and connect with dapps across a wide range …
Plaintiffs say 79 tokens that Coinbase sells meet the definition of securities, but they were not warned of their risks.
Examining crypto’s usage in Ukraine, sanctions, and the Biden Executive OrderAround the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor DempseyThere’s a gravitational shift taking place within our industry. Since Rus…
As the Russia-Ukraine conflict continues, blockchain surveillance companies have discussed and implemented ways to combat sanctioned countries from using digital assets. Last week, Chainalysis revealed screening tools for crypto firms that aim to comply with international sanctions. On Monday, the CEO of Elliptic published a blog post describing the company’s work to combat sanction evasion. […]
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be returning the cryptocurrency to him. “The fraudsters deceived the victim into believing his personal information had been used to facilitate a drug trafficking and money laundering scheme,” detailed the DOJ. DOJ Returns Bitcoin Stolen From […]
It’s an especially simplified process for American and Canadian Coinbase users, who can use their debit cards for transfers.
Despite the four-month bearish price action, institutions continue to pile drive bitcoin, which might have scared away retail leverage traders. This is because institutions are focusing on longer-term horizons and see the potential for big profits in BTC’s growth over time. The recent large outflow of coins from the U.S.-based crypto exchange Coinbase is evident, according to blockchain analytics firm Glassnode. Related Reading | 82% Of Bitcoin Short-Term Holder Supply Now In Loss, Capitulation Ahead? The recent highly volatile markets have sent bitcoin prices tumbling, with a total of 31,130 bitcoin leaving Coinbase last week. This is the highest single-week outflow since 2017, data tracked by Glassnode. In a weekly newsletter published Monday, Glassnode said; Large outflows like this one are actually part of a consistent trend in the Coinbase balance, which has been stair-stepping downwards over the last two years. As the largest exchange by BTC balance, and a preferred venue for U.S.-based institutions, this further supports the adoption of bitcoin as a macro asset by larger institutions. The crypto markets have experienced drought over the past week. The Nasdaq-listed exchange’s holding in bitcoin has dropped a four-year low of 649,500 BTC for just the second time since 2018. In addition, the amount of bitcoins held by all centralized exchanges has decreased to 2,519,403 BTC, the lowest number since November 2018. Withdrawal Bitcoins Moved To Inactive Wallets The Coinbase withdrawal may be driving up the price of Bitcoin. The declining exchange balance means fewer coins are available for liquidations on exchanges, which could lead to an increase in demand and push prices higher still – especially since those withdrawals have moved into largely inactive wallets. Additionally, Glassnode said; If we look at the Illiquid Supply Shock Ratio (ISSR), we can see a significant uptick this week. Suggesting that these withdrawn coins have been moved into a wallet with little-to-no history of spending. The ISSR is on an upwards trend, suggesting that these withdrawn coins transferred into a wallet with little-to-no history of spending. Related Reading | Bitcoin Detractor Peter Schiff Lays On What Will Trigger Bitcoin Recovery The current amount of supply held in Illiquid wallets is 3.2x larger than Liquid and Highly-Liquid combined. Meaning that many coins are still trapped there despite the recent bear market conditions. A similar metric to what we saw during the 2018 – 2020’s bear market. Major cryptocurrencies registered mostly small losses on Monday. As the European Parliament’s Committee on Economic and Monetary Affairs voted down a bill. That bill could have outlawed proof-of-work in EU territory. The markets were volatile yesterday as investors waited to hear what the Federal Reserve would do with today’s policy meeting. The NASDAQ100 fell 2%, while SPX500 Index dropped 0.75%. DJ30 closed flat following these declines in stock prices. The crypto market experienced a mild correction, with Ethereum, BNB, Solana, and XRP losing 2%. Bitcoin also fell slightly 1.6% in value and trading under $40,000 at the time of writing. Featured image from Flickr, chart from Tradingview.com
By Prakash Hariramani, Senior Director, Product Management, and Bipul Sinha, Senior Product ManagerToday, we are introducing Coinbase Pay, the easiest way for Coinbase users to fund their Coinbase Wallet from the Chrome browser extension and explore we…
Are we in for a crash like the one hitting the crypto market two years ago? There’s certainly no shortage of storm clouds on the horizon.
The post Bitcoin on Coinbase declined 36% since all-time-high, here’s what could come next appeared first on CryptoSlate.
