Tag Archives: coinbase

One of the biggest problems surrounding bitcoin has to do with the fact that it isn’t used much as a method of payment. According to new statistics from top crypto exchanges, this may be changing.More Merchants Are Accepting BitcoinTwo cryptocurrency trading platforms – Coinbase and BitPay – show that more merchants are utilizing bitcoin and cryptocurrencies. BitPay, itself, processed more than $1 billion in transactions in which the world’s leading form of crypto was utilized as a method of...

Surojit Chatterjee, a former executive with Google, is being welcomed to the Coinbase team as the new chief product officer.Chatterjee – the Newest Member of the Coinbase FamilyIn a blog post, Chatterjee expressed his excitement over his new role and working with the crypto exchange, writing:I am excited about what crypto and blockchain technology can do to democratize our financial systems. I believe cryptocurrencies and blockchain technology can help open up the financial system for...

Leading cryptocurrency exchange Coinbase has launched Coinbase Custody International Inc. to go ‘international’, as it aims to deliver better quality localized services across Europe and subsequently to other parts of the world.Coinbase CustodyThe company released an official statement via its blog early this morning announcing its new move to launch Coinbase Custody International Inc. which has been in incubation since last year following the company’s acquisition of an e-license to operate...

The U.S. based cryptocurrency exchange Coinbase has hired a former Google executive as a new Chief Product Officer (CPO). After over a month since the previous CPO left the company, the popular exchange has replaced him with Surojit Chatterjee.Coinbase Hires A New CPOIn December last year, Jeremy Henrickson left his position at the company as the Chief Product Officer. Coinbase announced yesterday that they are filling the vacant spot with the former vice president of product at Google...

Surojit Chatterjee was working on Google apps for 11 years so far, helping the company handle payments, commercial questions and advertising. The talent made a significant impact on the inner workings of the corporation, considering that Coinbase wants to work with him. Google has thousands of workers all around the world.However, Coinbase CEO Brian Armstrong picked the author of the Google Shopping project as the new CPO. People from over 90 countries are using GS today, making Surojit a...

The number of active entities holding Bitcoin is continuously growing over the years to the current number of over 23 million, according to a recent report.Cryptocurrency exchanges control 13% of all bitcoins, and Coinbase is the leader with the most considerable stash.The popular blockchain monitoring resource, Glassnode, recently published its new paper regarding Bitcoin holdings. To gather the information, it used “standard heuristics, proprietary clustering algorithms, and advanced data...

The Blockchain Association which represents some of the biggest names in the cryptocurrency industry announced the launch of a new Market Integrity Working Group. The group is tasked with the responsibility of ensuring fairness, equity and accountability in the crypto space. It will be co-chaired by senior executives of both the well-known blockchain firm Ripple and the Coinbase crypto exchange.The new group will be headed by Rachel Nelson, the senior director and associate general at...

Ripple Labs, the San Francisco-based blockchain startup, secured the highest funding in comparison to other peer blockchain companies in 2019. The latest report from CB Insights shows that Ripple raised $200 million in the Series C round last year.Among the companies that follow Ripple on the list are Figure Technologies, Digital Asset and PeerNova. However, the gap between the first and second positions is significant. However, even Ripple’s $200 million is a very small amount in comparison...

Recently, Telegram founder Pavel Durov made quite a bold statement. On his Telegram channel, he argued that Apple‘s iCloud is now ‘officially a surveillance tool’. Further, Durov cited a Reuters report and stated that apps relying on it to store users’ private messages (such as WhatsApp) are part of the problem.But let us see how the whole story began.Apple’s iCloud Will Not Encrypt BackupsAbout two years ago, Apple was considering end-to-end encryption for iCloud backups. After doing that,...

The SEC vs Telegram case is taking new turns every single day. In the latest development, the Blockchain Association has decided to support Telegram in its fight against the regulator.Let us also remind you that the Association unites such prominent names as Coinbase, Circle, Ripple Labs and others.The Chamber of Digital Commerce has filed amicus curiae supporting Telegram’s argument that “digital assets may be the subject of an investment contract without being a security”. Note that the...