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Tag Archives: coinbase

Coinbase Cloud Launches Suite of Blockchain Infrastructure Solutions for Avalanche

Web 3 and blockchain infrastructure provider Coinbase Cloud has announced the launch of a suite of blockchain solutions and services for the growing Avalanche ecosystem. Coinbase Cloud revealed running a public validator on Avalanche that enables delegators to stake their AVAX tokens. They contribute to the growth and security of the network by verifying transactions, participating in consensus, and adding blocks. Delegators, on the other hand, can contribute to validators by...

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UK’s ASA Issued Warnings Against Over 50 Crypto Companies, Including Coinbase

The Advertising Standard Authority (ASA) intensified its negative stance against crypto-related companies. It warned such entities not to encourage individuals to purchase digital assets with credit cards or swap their pensions for coins like bitcoin. The ASA’s Latest Warning The British authorities and financial regulators are known for their harsh stance against the cryptocurrency sector. Bank of England’s Governor Andrew Bailey, for example, argued that digital assets...

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US Fund Manager Explains Why his Company Shorted Coinbase (COIN) Stocks

Jim Chanos, president and founder of Kynikos Associates, believes Coinbase (COIN) stocks are highly overpriced. As such, his NYC-registered investment entity has decided to short them, even though their value has declined by 50% since November. Ever since Coinbase became the largest cryptocurrency exchange to go live on Nasdaq as a publicly-traded company in April last year, the stock price movements have been largely affected by bitcoin and the rest of the market. As such,...

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Coinbase Dives Deeper Into Web3: Launches Coinbase Pay

The San Francisco-based crypto exchange – Coinbase – announced that users can now take advantage of the new feature to fund their non-custodial Coinbase Wallet easier than before. The Newest Product As part of its mission to make cryptocurrency products accessible to the broad public, Coinbase introduced Coinbase Pay. The company explained that the solution is an extension of its existing digital asset wallet that allows users to interact with Web3 applications. Coinbase Pay...

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Coinbase NFT Marketplace To Launch “Soon”

Coinbase has just announced that it will launch its NFT marketplace… “soon.” On March 14, Coinbase NFT —the account for Coinbase’s upcoming NFT marketplace— posted on its official Twitter account that its team met with more than 100 content creators to work on the launch of their new NFT marketplace. However, so far, there is no official launch date. What is clear is that the marketplace will be launched in the near future and will feature several tools and innovations that...

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Coinbase Clarifies: Everyday Russians Can Continue to Use Our Services

Just yesterday, Live Bitcoin News issued an article discussing Coinbase and its blocking of roughly 25,000 illicit accounts that supposedly stemmed from Russia. Coinbase Has Nothing Against Russia Despite the conflict occurring in eastern Europe, executives and employees of the digital trading platform stated that the action taken had nothing to do with the war but rather with a larger attempt to battle fraud and illicit behavior in the digital currency industry....

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Coinbase Halts Several Illicit Accounts from Russia

Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – announced earlier in the week that it is taking heavy action against Russian accounts on its platform. The company has worked to block as many as 25,000 separate crypto accounts allegedly stemming from Russia and that are believed to be involved in illicit activity. Coinbase Works Against Russian Accounts In addition, Coinbase says that it is revamping its efforts to push against...

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A Coinbase Security Flaw Was Stopped Just in Time

Popular cryptocurrency exchange Coinbase has a white hat hacker to thank after he discovered a potential security flaw that could have resulted in devastating losses for customers. Coinbase Could Have Been Stuck in a Rut The security engineer who discovered the problem goes by the name Tree of Alpha. A real name is unknown at the time of writing, though this white hat hacker has ultimately garnered a bounty of about $250,000 from Coinbase due to his recent discovery....

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Canadian Regulators Investigate Coinbase, Kraken CEOs For Promoting Self-Custodial Wallets

The Ontario Securities Commission (OSC) recently flagged Brian Armstrong and Jesse Powell – CEOs of Coinbase and Kraken respectively – for tweets surrounding Canada’s freedom convoy protests. Each has been accused of offering advice on how to evade national financial emergency restrictions through the use of self-custodial crypto wallets. Crypto CEOs Against Canada’s Government According to a report from The Logic, Kristen Rose – the OSC’s manager of public affairs – said the...

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Mastercard Is Hiring to Build Out Its Crypto Department

Mastercard is expanding its crypto department. The credit card giant announced early in the week that it’s looking to help companies around the world better understand the growing digital currency industry and will hire as many as 500 individuals in the coming year to facilitate its ongoing crypto projects. Mastercard Is Building Its Crypto Services Mastercard is seeking to lend itself out as a consultant of sorts to businesses and enterprises everywhere looking to set...

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