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Coinbase (COINBASE) News



App Store

Cryptocurrency-related apps lead the US App Store

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Coinbase made it to the top 10 free apps in the US App Store. As of Friday, January 29th, Coinbase is ranked 4th behind Robinhood, Webull, and Reddit, and ahead of TikTok, Cash App, and Zoom. Coinbase entered the top 30 free apps in the App Store earlier this month. Ranked leader Robinhood, a...

Coinbase

Coinbase to open secondary market for stocks before IPO

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Coinbase, the largest crypto exchange in the US, announced to its shareholders that it is opening a secondary market for stocks on the Nasdaq Private Market. “On Monday, January 25th, you will receive an email from the Nasdaq Private Market with details on how you can access the market, which...

XRP suspended on OKCoin and Coinbase

Coinbase and OKCoin Suspend XRP Activities

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The case of the U.S. Securities and Exchange Commission against Ripple continues to have negative impacts on the company. The number of firms terminating XRP purchases is increasing. A few days ago cryptocurrency exchange platform Bitstamp announced halting XRP purchases for an indefinite time....

Coinbase

Coinbase will open a branch in Canada

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The largest American cryptocurrency exchange Coinbase announced the expansion of its staff in connection with the opening of a branch in Canada. That is stated in the company's blog. At the first stage, the exchange posted 19 vacancies for technical and HR positions. In the future, the list will be...

Bitcoin

Bitcoin rally triggers Coinbase and Binance outage

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Coinbase and Binance have reported overloading trading systems amid a surge in traders. The rise of Bitcoin and other digital currencies has become the main reason for the failure of platforms. Binance CEO Changpeng Zhao tweeted that the number of people visiting the exchange has skyrocketed. That...

Coinbase lists new coins 06.11.2020

Coinbase Lists Three New Ethereum Tokens

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Coinbase informed about listing 3 new crypto assets. Besides, the network allowed exchanging for 3 other crypto assets to New York lenders. Now the users can exchange Civic (CVC), Decentraland (MANA), and District0x (DNT) on the protocol. The first one is a decentralized ID protocol token. Mana is...

Coinbase adds Atom

Cosmos Gets 5% Staking Rewards in Coinbase

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Digital currency exchange Coinbase added staking profits for the native currency of the Cosmos platform Atom. Formerly Coinbase included maintenance for blockchain platform Tezos (XTZ). Staking becomes possible for the traders from U.S., Britain, France, Spain, Netherlands and Belgium. This refers...

Coinbase

Coinbase reveals ERC-20 token listing criteria

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The American cryptocurrency exchange Coinbase explained in its blog what technical criterias it pays attention to before deciding to list an ERC-20 token. Nadir Akhtar, Blockchain Security Specialist at Coinbase, listed four criteria every ERC-20 token should have: verified source code; using...

Coinbase

Coinbase will offer Bitcoin-backed loans

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Cryptocurrency exchange Coinbase plans to enter the crypto lending market. Coinbase customers in some US states will be able to obtain fiat using BTC as collateral. At launch, Coinbase plans to support 17 states. A Coinbase spokesperson told the lending service is going to launch in the fall....

Coinbase CEO

Coinbase left Blockchain Association after Binance joined it

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Cryptocurrency company Coinbase withdrew from the American Blockchain Association after the Binance US exchange joined it. “It is with great disappointment that I announce my immediate withdrawal from the Blockchain Association,” wrote Coinbase's Hermine Wong. "This means Coinbase is...

Coinbase

Coinbase Increases ETC Deposit Confirmation Time To 2 Weeks

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The Ethereum Classic (ETC) network had two 51% attacks in a week. In this regard, the Coinbase cryptocurrency exchange has increased the confirmation time for ETC deposits to two weeks. Currently, 80,640 confirmations are required to deposit ETC on Coinbase. Most of the coins supported by Coinbase...

Coinbase clients 35 million

The number of Coinbase clients reached 35 Million

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The total number of retail and institutional clients of Coinbase exceeded 35 million. The largest US crypto company cited such data in its first half-year institutional review. At the beginning of 2020, the number was 30 million customers. Coinbase noted that the current year has become important...

Twitter hack exchanges

Exchanges saved customers' $300.000 during Twitter hack

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Prompt moves by cryptocurrency exchanges have allowed users to save at least $300,000 in the recent Twitter hack, Forbes reports. Trading platforms began taking action to counter cybercriminals minutes after the fake tweets appeared, while the first restrictive steps by the social network's...

Algorand listing Coinbase

Algorand rose 30% after listing on Coinbase

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The capitalization of Algorand (ALGO) rose to a new all-time high after the announcement of cryptocurrency's support by the largest US exchange Coinbase. On the night of Friday, July 17, the price of a coin increased at the moment by almost 30%. Around 19:35 PDT, the market value of ALGO rose to...

Twitter hack Bitcoin

Twitter hackers used BitPay and Coinbase to transfer funds

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Attackers who managed to gain access to the accounts of many celebrities on Twitter transferred the received funds to a separate address. Previously, it was used to send funds to Coinbase and BitPay and CoinPayments services. #TwitterHack @coinbase @BitPay Please check the following Bitco_in...

Coinbase leads in mergers and takeovers of blockchain sphere

Coinbase leads in mergers and takeovers of blockchain sphere

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According to a study by The Block, since 2013, 129 mergers and acquisitions (M&A) have been completed in the blockchain industry for a total of about $ 2.9 billion. Cryptocurrency exchanges lead to M&A. Coinbase conducted 16, and Binance and Kraken - 10 such transactions. Except for the...

Paypal

PayPal plans to add cryptocurrency support

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PayPal plans to add cryptocurrency support for 325 million of its users. It is reported by Coindesk, citing its sources. “As far as I understand, they will allow purchases and sales of cryptocurrencies directly in PayPal and Venmo,” a CoinDesk source said. “They will add cryptocurrency wallet...

Coinbase

Reason for Coinbase failures was a 5-fold rise in traffic

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Coinbase, the largest cryptocurrency exchange in the United States, said that its systems could not cope with a huge surge in traffic amid the rapid rise in bitcoin prices to $ 10,000 in early June. In a Coinbase blog post published on June 6, it said that the exchange experienced a 5-fold surge in...