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…
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Coinbase is poised to revolutionize its own business model; from expanding its portfolio of alt coins to making interesting, strategic acquisitions. The most recent one is an Andreessen Horowitz-backed startup acquisition. The startup in question is called Blockspring. The company makes tools for managing and collecting data from APIs. While the deal's value has not…
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Never say never. Ethereum Classic, a spin-off from the original Ethereum network, is still recoiling from the impact of its “51-Percent Attack”, an assault upon its blockchain infrastructure that blockchain supporters have claimed could never happen. Known for its apparent hack-proof nature, blockchain updates are supposed to be immune from compromise, since so many independent…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 8, 2019. Highlights include: Stocks Rally Off Lows: Stocks are recovering from a dismal Q4 as the U.S. and China make progress on a trade deal and the Fed signals that they’re less likely…
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The year has began and so have the attacks by cyber criminals. Coinbase, the US largest cryptocurrency exchange, was forced to cease the trading of Ethereum Classic after the network experienced unusual high hashing power. The burst was caused by an unknown miner. Coinbase has publicly announced through a blog post that they have detected…
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It has been a rough year for cryptocurrencies. Valuations are down 80% and more in some quarters, and critics are claiming that a funeral may be in order. But not everyone has these same feelings. CEOs of many large concerns, both within and without the crypto universe, have spoken out about the long-term viability of…
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As the largest US cryptocurrency exchange, Coinbase is definitely working towards providing more and more quality services to its large user base. While just recently, a user had to convert BTC, for example, to EUR in order to buy another cryptocurrency, this is no longer the case. Coinbase now lets users trade on a crypto-to-crypto…
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The price of Bitcoin has been plunging quite dramatically. Recent press releases suggested that while the overall Bitcoin investor community may be selling their positions, it is several Bitcoin "whales" that actually move the market and cause the volatility in Bitcoin's price. One huge whale that caught the attention of the community was an investor…
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Coinbase's user base and growth have both been remarkable in the last couple of months, especially when Bitcoin was hitting $20,000 in December 2017. The crypto platform has also added new "offerings" in its portfolio, including Bitcoin Cash and 0x. Now, the San-Francisco-based unicorn has secured a Series E funding round worth $300 million. Having…
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Coinbase has just added its first stablecoin for its customers to "enjoy". According to the blog post that the company posted, the new coin will be none other but Circle's USD Coin or simple USDC, which is fully collateralized by the US dollar. Starting from today, October 23th, Coinbase users will be able to transact…
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