Tagged: coinbase

coinbase

Coinbase Not To Enter Decentralized Exchange Sector Anytime Soon
CryptocurrencyExchange

Coinbase Not To Enter Decentralized Exchange Sector Anytime Soon

A senior executive from clarified that Coinbase is not planning to launch a decentralized exchange (DEX). Emilie Choi, the exchanges VP of Business further stated, “We have to make sure that if we offer a dex that we’re doing it in a way that is safe and secure and compliant. I think that there’s not a lot of clarity right now on how that would work. We think this space is interesting but we’re not actively investing in it right at this moment.”

By Incrypts Posted on May 31, 2019
Cryptocurrency Token EOS is supported by Coinbase
CryptocurrencyOther Public Protocols

Cryptocurrency Token EOS is supported by Coinbase

Coinbase (a USA-based cryptoexchange & wallet service) has announced that it has now added support for EOS. The new addition is reportedly available for trading and storage in most areas covered by Coinbase, with the exception of the United Kingdom and New York at press time. Coinbase also expanded its global offerings, with announced trading support for over 50 new jurisdictions and an educational program with small crypto payments, Coinbase Earn, that is available in over 100 countries.

By Incrypts Posted on May 31, 2019
Coinbase education platform & Coinbase Earn Now available To 100+ countries
CryptocurrencyOther Public Protocols

Coinbase education platform & Coinbase Earn Now available To 100+ countries

Coinbase Earn is newly established platform that gives out crypto to those who test decentralized protocols, take quizzes and complete tasks is now open to users in 100 countries. Coinbase Earn doesn’t mine or buy cryptocurrencies, it gives the user the option to earn XLM, ZEC, BAT and ZRX, with more crypto intended to be added in the future. Coinbase education platform, that allows users to earn crypto as they learn about crypto.

By Incrypts Posted on May 22, 2019
Coinbase To Buy Xapo for $50Mn
CryptocurrencyExchange

Coinbase To Buy Xapo for $50Mn

Coinbase (a San Francisco-based crypto exchange) has announced that it’s in a very close stage to buy Xapo (a crypto custody provider) to boost its custody business. It has also been revealed that Coinbase and Fidelity Digital Assets have been involved in a neck-and-neck race to seal this acquisition. Xapo’s expertise lies in providing safe storage for Bitcoin. The company’s main product is the cold storage vault for Bitcoin.

By Incrypts Posted on May 20, 2019
XRP on Coinbase.com Made Available To New Yorkers
CryptocurrencyExchange

XRP on Coinbase.com Made Available To New Yorkers

The New York user of the Coinbase can now buy, sell, and free to store XRP (Ripple) via services offered in Coinbase.com. Earlier the access to XRP was restricted to users from United Kingdom and New York due to the specification of an XRP destination tag which is required to make XRP transfers.

By Incrypts Posted on May 14, 2019
Bitstamp Hires Former Coinbase Exec Hunter Merghart to Expand US Operations
CryptocurrencyExchange

Bitstamp Hires Former Coinbase Exec Hunter Merghart to Expand US Operations

European crypto exchange Bitstamp has appointed a former Coinbase executive as head of United States operations. Bitstamp, an entrant of the top 50 crypto trading platforms by daily trading volume, has hired Hunter Merghart in a move to expand its operations in the U.S., following the recent acquisition of a virtual currency license from New York state financial regulator.

By Incrypts Posted on May 09, 2019
Coinbase Shuts Down Another Office, Dozens of Employees Laid Off
CryptocurrencyExchange

Coinbase Shuts Down Another Office, Dozens of Employees Laid Off

Coinbase has been undergoing layoffs and office closures and has had multiple Coinbase executives leave the company, the popular cryptocurrency exchange continues to release innovative new products and features. Coinbase, a major US-based cryptocurrency exchange, has shut down its Chicago office and laid off 30 engineers while scaling back the development of its high-frequency trading matching engine.

By Incrypts Posted on Apr 25, 2019
Coinbase Files to Close Its PAC
CryptocurrencyExchange

Coinbase Files to Close Its PAC

Political Action Committee (PAC) are autonomous associations, regularly speaking to an alternate business, work, or approach premiums that gather and give cash to political battles in support of competitors, enactment, or ticket activities. As indicated by a document with the Federal Election Commission (FEC), the administrative office accountable for authorizing decision laws, Coinbase PAC got no assets nor made any distributions, and is trying to end the PAC.

By Incrypts Posted on Apr 23, 2019
XRP and USDC Payments Introduced in Coinbase
BusinessPayment

XRP and USDC Payments Introduced in Coinbase

Coinbase will now allow its users to make payments in either XRP or USDC with zero fees. Coinbase explained, “XRP and USDC may be better suited for smaller international money transfers due to their faster processing and lower transaction fees. USDC also has the added advantage of being exchangeable for one US dollar, rather than being volatile in price like other cryptocurrencies.”

By Incrypts Posted on Apr 02, 2019
Coinbase Now Supports Stellar
CryptocurrencyExchange

Coinbase Now Supports Stellar

A cryptoexchange based in the US, Coinbase have revealed that they have begun supporting the Stellar cryptocurrency (XLM) for its desktop and mobile application. The announcement was made in the exchange’s blog and was made available in most jurisdictions since March 18, however, traders from the UK and the state of New York will initially will not available to access the asset.

By Incrypts Posted on Mar 20, 2019