The largest US cryptocurrency exchange, Coinbase, is closing its Chicago office and scales down the development of its matching engine. The news comes from Fortune Magazine. The Chicago office of Coinbase was actually opened in 2018, as the company considered this to be a great move to tap into the city's great financial positioning, as…
Read more
After raising $300 million last October, Coinbase has been eager to put that capital to work. There have been acquisitions, but primarily the stellar crypto exchange has been expanding its global footprint across the world. The crypto exchange currently provides service to 42 countries, situated in North America and Europe, along with Australia and Singapore,…
Read more
Coinbase, the largest American cryptocurrency exchange, has just launched the Coinbase Card, a Visa debit card for its UK customers. Users will be able to make purchase online and in-store via the card. The information comes from a blog post from Coinbase on April 10th, 2019. The Coinbase Card is actually a normal Visa debit card…
Read more
Coinbase just revealed a new $255 million-insurance arrangement for its clients. In a blog post made by the company, the Vice President of Security, Philip Martin, announced that hot wallets (online assets that are “vulnerable” to hacks) have been insured for an amount of up to $255 million. This means that all digital coins stored…
Read more
In February 2019, Coinbase, the largest US cryptocurrency exchange, acquired blockchain analytics startup, Neutrino. The Italian company was acquired for an undisclosed amount of funds, and even right after the acquisition, Coinbase faced immediate backlash over the move since Neutrino had some suspicious roots in its development as a company and especially in its team.…
Read more
Coinbase and San Francisco-located online lending company, SoFi, are partnering on a new trading “initiative”. SoFi plans to let its users trade cryptocurrencies on its platform with the help of Coinbase’s partnership. The news comes from CNBC. The new feature will be made available to SoFi’s clients on the SoFi Invest platform. The project is…
Read more
Coinbase is improving the trading experience for its professional traders by adding the third largest cryptocurrency by market cap, XRP, to its Coinbase Pro platform. The US crypto exchange announced the addition on Monday, February 25th. While trading will not be enabled right away, users of the professional platform will be able to transfer XRP…
Read more
Coinbase is on a roll. It has made another major acquisition, soon after the US exchange acquired Blockspring and soon after it made major improvements in its offerings to clients. The largest US crypto exchange even added a stablecoin to its portfolio. Coinbase just made a very interesting acquisition. Buying Neutrino, an Italian blockchain surveillance company…
Read more
According to Palo Alto Networks’ Unit 42, a multinational cybersecurity company, a new insidious malware strain, given the name “CookieMiner”, is targeting Mac users in order to compromise their cryptocurrency accounts. The firm noted that: The attack targets cookies associated with cryptocurrency exchanges that include Binance, Coinbase, Poloniex, Bittrex, Bitstamp, MyEtherWallet, and any website having…
Read more
Coinbase, based out of San Francisco and one of the most popular and trusted crypto platforms in the world, has announced that it will expand its newly developed custodial services into the Asia market. The move is seen as two-fold – to attract major institutional players in the region and to provide custodial services for…
Read more