Tag Archives: coinbase

Could Coinbase lose its position as the number one digital currency exchange in the western hemisphere? Coinbase Is Really Hitting the Bottom The crypto exchange is often cited as one of the largest and most popular crypto trading companies in the world. It was also the first digital currency exchange to ever go public, first joining the Nasdaq in April of last year. Things were looking up for the exchange, and many felt the company was going to reach a peak unlike...

Analysts of prominent investment bank JPMorgan believe that Coinbase will be meaningfully benefitted from the upcoming Merge. In a note to the clients on Wednesday, analyst Kenneth Worthington said that the San Francisco-based crypto exchange has taken concrete measures in a bid to maximize the value of ETH staking for its clients. This is expected to result in higher revenue generation itself. Worthington asserted, “We see the staking revenue opportunity bigger...

Brian Armstrong – CEO of Coinbase – stated on Thursday that he would refuse to censor the Ethereum blockchain using his platform’s concentrated stake in the protocol.  If compelled by the government to do so, he’d rather shut down the service. Armstrong made his intentions clear in response to an Ethereum developer’s question concerning the centralization of staked ETH. According to Dune Analytics, 66% of ETH staked on the beacon chain is held by entities that are regulated...

Coinbase – the largest cryptocurrency exchange in the United States – will temporarily suspend Ethereum-based deposits and withdrawals during September’s “merge” upgrade.  The exchange posted a blog post on Tuesday explaining what to expect from both Coinbase and Ethereum following the network’s long-awaited transformation.  Ensuring a Smooth Transition Per Coinbase’s announcement, the suspension – which will impact all on-chain ETH and ERC-20 token movements – is to ensure...

The bitcoin price isn’t doing very well as of late, but this isn’t deterring people from thinking the world’s number one digital currency by market cap won’t make a huge comeback next year. A New Poll Suggests Major Recovery for Bitcoin According to a recent poll, many crypto advocates and traders believe the digital currency could head to the top of the financial ladder in 2023. In fact, many of them believe that the currency could nearly double by the end of 2023,...

Sam Bankman-Fried – the crypto executive behind the growing and increasingly popular digital exchange FTX – has said many of the digital currencies out there are “empty products” with “real crash potential.” Sam Bankman-Fried on Many of the Newer Assets His words come at a time when the crypto space is arguably suffering like it never has before. Assets like bitcoin, for example, have lost more than 70 percent of their value at the time of writing, with the world’s...

Coin Switch – a digital currency investing app – has announced Sudheer Tumuluru as the head of its crypto engineering department. Coin Switch Has Added Many People to Its Payroll Sudheer previously served as the vice president of engineering for fashion for the e-commerce company Myntra. He has worked extensively with big data, cloud, and infrastructure platforms, and with several companies in both the United States and India. He’s excited to be bringing his wealth of...

Coinbase verwaltet 20 Milliarden US-Dollar World’s largest investment manager partners up with Coinbase: Coinbase has been selected by BlackRock, the world’s largest investment manager, to offer institutional clients direct access to crypto. There are plans to start with bitcoin first. This is what Coinbase reports in a blog post. First: direct access to bitcoin „Today marks an exciting next step in our journey as we announce that Coinbase is...

Coinbase und Bright Moments starten digitale Kunstpartnerschaft Die globale Krypto-Plattform Coinbase und der US-amerikanische Veranstalter Bright Moments schliessen eine langfristige strategische Partnerschaft für die Verwahrung von digitaler Kunst. „Die Kooperation mit Bright Moments und die Eröffnung der Galerie in Berlin macht die spannende, neue Welt der digitalen NFT Kunst für alle zugänglich und zeigt eindrucksvoll wie Blockchain-Technologie...

Popular digital currency exchange Coinbase is in hot water after executives were accused of selling users’ private data to ICE (Immigrations and Customs Enforcement). Coinbase Accused of Selling Private Data While specific data of customers is not being disclosed to the agency, Coinbase is allegedly providing it with a suite of features that can be used to track and trace crypto holders on its platform. The company also announced that it was looking to obtain licenses to...