Tag Archives: coinbase

Brian Armstrong – the CEO of Coinbase – and Jack Dorsey, who now runs Block Inc. and is the former head of social media giant Twitter, are teaming up in the name of bitcoin and the Lightning Network. Jack Dorsey and Coinbase: The Perfect Match? The Lightning Network was initially created to aid bitcoin with its unending array of transactions. Traffic has become so common and heavy atop the BTC ledger that things have really slowed down in recent years, and fees...

Coinbase, one of the most popular crypto exchanges, continues its expansion journey with the official launch of its Web3 wallet designed to facilitate transactional interactions for major institutions with Web3, DeFi, and NFTs. Per Coinbase’s statement, this crypto wallet will rely on MPC tech to enable clients to store tokens from supported networks, access funds, interact with dApps and smart contracts, and tap into decentralized liquidity to trade a wide range of assets....

Coinbase, one of the world leaders in crypto services, is currently battling accusations of improper conduct in U.S. courts. The platform’s legal representatives have denied any wrongdoing, even going so far as to request the dismissal of the case. In spite of the accusations, Coinbase – and the platform’s CEO, Brian Armstrong – are generally viewed as a positive force in the market by institutional investors and even policymakers. As previously reported by CryptoPotato,...

Base – the new layer-2 blockchain trading platform from Coinbase – has gotten quite big over the past few months thanks to several new meme tokens. In fact, it appears Base garnered as much as $68 million in ether over the past few weeks alone, and the network isn’t even live yet. Coinbase Layer-2 Network Sees Heavy Revenue Jumps The new meme currency that everyone seems so attracted to is called BALD, which was built atop the Base network. The asset really...

In a matter of weeks, Coinbase constituted a team to dig into the protocol and assess the feasibility of its integration. Coinbase CEO Brian Armstrong has announced the exchange’s plans to integrate the Bitcoin Lightning Network (LN) into its infrastructure. LN is a layer 2 payment protocol that was created to improve the scalability of Bitcoin and allow cheaper and faster Bitcoin transactions. Joseph Poon and Thaddeus Dryja proposed the protocol in a whitepaper published in January 2016....

Brian Armstrong – the CEO of Coinbase, the largest and most popular digital currency exchange in the U.S. – says that members of the Securities and Exchange Commission (SEC) approached him and his fellow crypto executives to see about the platform delisting all assets other than bitcoin prior to filing their suit against the company. Coinbase was Given an Odd Choice Coinbase is facing several charges from the SEC, which alleges that the digital currency firm...

The leading cryptocurrency exchange – Coinbase – has reportedly disabled new customer sign-ups on its platform in India. However, the company remains committed to the Asian country despite the recent rumors that it might pull out of the local market. No More Sign-ups According to a TechCrunch report, Coinbase has prohibited new sign-ups in India in June this year. A spokesperson of the firm shed more detail: “We stopped allowing new user sign-ups on our exchange product in...

In a recent interview with Yahoo Finance, Coinbase CEO Brian Armstrong shared insights into the company’s plans and its interest in flatcoins. Armstrong also shared more details on the future of cryptocurrency and the necessary next steps amid growing regulatory scrutiny. Armstrong Discusses Coinbase’s Future Plans Coinbase’s exec talked about ‘flatcoins’ in the interview, which is an emerging concept that has yet to gain much traction in mainstream crypto discussions....

Coinbase – one of the world’s largest digital currency exchanges – has ended its staking program in four states. At press time, California, Wisconsin, New Jersey, and South Carolina will no longer be privy to the trading platform’s earn program. Coinbase Earn Program Ends in Various Regions The move is a response to the present lawsuit the company is facing from the Securities and Exchange Commission (SEC). As it stands, the SEC made the claim that Coinbase has...

Coinbase Ventures has kicked off its initial round of investments from the Base Ecosystem Fund by selecting six projects. The specific investment amounts have not been disclosed. The Base Ecosystem Fund is essentially operated by Coinbase Ventures, the investment branch of the cryptocurrency exchange Coinbase, and is created to back early-stage projects that operate within its incubated Base network. According to the latest blog post, Base reported that its ecosystem fund has...