Credit card giant Visa has granted its principal membership to a cryptocurrency company for the first time. Officially awarded to cryptocurrency exchange Coinbase in December, but not revealed to the public until today, the membership cuts out a crucial, and expensive middleman from the process of issuing a debit card that lets users spend their […]
Coinbase’s merchant payments arm has added support for the dai stablecoin, bringing together online retail and decentralized finance (DeFi).MakerDAO announced Thursday Coinbase Commerce had integrated dai as a payment method, opening the cryptocurrency up to affiliated online merchants and online commerce platforms like Shopify and WooCommerce.The integration will introduce “merchants to a growing segment of […]
The battle cry #DeleteCoinbase is resounding across crypto Twitter as bitcoin users close their accounts to protest a controversial acquisition by the exchange.These users are upset with Coinbase for acquiring Neutrino because that blockchain analytics outfit’s executive suite – CEO Giancarlo Russo, CTO Alberto Ornaghi, and CRO Marco Valleri – previously spearheaded projects for the […]
The Palestinian military-political group Hamas, which the U.S. government deems a terrorist organization, may be using the Coinbase cryptocurrency exchange for fundraising.Earlier this week, the Israeli blockchain analytics firm Whitestream identified several bitcoin wallet addresses referred to on official Hamas digital media channels in public requests for donations. One such appeal for bitcoin donations to […]
Coinbase has made yet another pioneering move in the regulatory morass that is cryptocurrency. The company today announced that its institutional wing, Coinbase Custody Trust Company, has received approval from New York State regulators to operate as an “independent Qualified Custodian.”Coinbase May Operate as Qualified CustodianA qualified custodian operates similarly to a bank, so much […]
If there’s money to be made in the crypto markets, you can bet traders will be the first on the scene.Such was the case at least last week, when Coinbase Pro, the cryptocurrency trading platform operated by San Francisco startup Coinbase, announced it would list the cryptocurrency 0x (ZRX), a move that put the “Coinbase […]
Cryptocurrency exchange giant Coinbase might, as market research firm Bernstein recently said, be on the cusp of assembling an “unassailable” market share in the U.S., but that doesn’t mean that the San Francisco-based firm isn’t struggling to maintain consumer activity during the current downturn.Citing data from CoinApi, cryptoasset research firm Diar reports that USD-denominated cryptocurrency […]
Ripple has certainly signed no shortage of deals over the past few months. Two deals the company hasn’t been able to sign, however, are with two of the United States’ largest cryptocurrency exchanges — Gemini and Coinbase.TOO RISKYRipple may be making friends all over the world, but it’s been unsuccessful gaining traction on US-based exchanges.According […]
Coinbase shut down rumors this week that it is adding the cryptocurrency XRP, or Ripple, to its platform anytime soon.While the move set XRP’s price sinking, it shouldn’t be a surprise to anyone who follows Coinbase closely.The platform has been intentionally conservative about adding new coins and upgrades — and XRP isn’t within its asset […]
Coinbase recently notified approximately 13,000 of its customers that it was turning their information over to the United States. Coinbase has told those affected that it would be providing their taxpayer ID (social security number), name, birth date, address and transaction records from 2013-2015 to the Internal Revenue Service (IRS), by March 16, 2018. So […]
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