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Category / Coinbase

Following backlash, Coinbase to present former Hacking Group workers the boot

Hey, look at that. A cryptocurrency exchange has decided to do the right thing – albeit belatedly, and only after a sustained public outcry.  The San Francisco-based exchange Coinbase announced on March 4 it had agreed to part ways with several new employees holding a particular grisly distinction: Namely, that they previously worked for the...CONTINUE READING

Coinbase Package deal efficiency tracker unearths the sorrowful state of the crypto marketplace

If you bought a lot Bitcoin in 2011, you’d be rich now.  But if you bought Bitcoin a year ago, or even a month ago…well, let’s just say your portfolio would be a pretty sad sight.  Which is why it’s funny that cryptocurrency exchange Coinbase still has this chart on its webpage.  Ouch.Image: CoinbaseThe chart,...CONTINUE READING

Crypto exchange Coinbase is now valued at $8 billion after a big funding boost

One of the most popular cryptocurrency exchanges, the U.S.-based Coinbase, announced on Tuesday that it has raised $300 million in a new round of financing.  The round, led by Tiger Global Management, values the company at more than $8 billion.  SEE ALSO: Sudden price drop shows largest ‘stablecoin,’ Tether, isn’t so stable after all Y...CONTINUE READING

Now any idiot can apply to list their altcoin on Coinbase

Bring on the altcoin spring. Cryptocurrency exchange Coinbase teased an opening of the shitcoin floodgates today with an announcement that it will allow issuers of obscure altcoins, tokens, and even digital collectables like CryptoKitties to officially apply to be listed on its exchange.  At present, Coinbase only lists a few cryptocurrencies — bitcoin, bitcoin cash,...CONTINUE READING

Attorney General blasts cryptocurrency exchanges

It’s not just the hacks and outright scams that make cryptocurrency a risky investment.  According to a report from the office of the New York state attorney general, the exchanges themselves — the places where would-be investors go to buy and sell cryptocurrencies like bitcoin and ether — are not doing enough to protect their...CONTINUE READING

Coinbase says its problem days are over. Better Business Bureau disagrees.

They’ve changed. They promise.  To hear the San Francisco-based cryptocurrency exchange Coinbase tell it, they’ve turned over a new leaf. Sure, SEC documents revealed scores of customer complaints against them — ranging from allegations of fraud to negligence — but those were in the (very recent) past. These days, insists the company in a series...CONTINUE READING

Desperate Coinbase customers turn to SEC with allegations of fraud

Life savings lost. Desperate cries for help. Allegations of fraud. In the six years since its founding, the San Francisco-based exchange Coinbase has established itself as one of the most trusted places to trade ether, bitcoin, litecoin, and bitcoin cash. It’s also run up its share of critics: namely, its customers.  SEE ALSO: WTF is...CONTINUE READING

Coinbase’s cryptocurrency index fund opens its door to U.S. investors

In March, cryptocurrency exchange Coinbase announced it would be launching an index fund for cryptocurrencies, allowing investors to effortlessly buy a basket of coins traded on Coinbase’s exchange GDAX, recently rebranded to Coinbase Pro.  Now, the fund is officially open for U.S. accredited investors who wish to invest from $250,000 to $20 million.  SEE ALSO:...CONTINUE READING

Coinbase is adding Ethereum Classic to its exchange

New cryptocurrencies get added to crypto-exchanges all the time, but when Coinbase adds one, it’s news.  Coinbase, the largest U.S.-based cryptocurrency exchange, has only supported four coins so far: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The addition of Ethereum Classic or ETC, announced on Tuesday, will happen “over the next few months,” Coinbase told Mashable. ...CONTINUE READING

Coinbase is getting ready to expand its cryptocurrency offering after a new acquisition

Cryptocurrency exchange Coinbase is looking to circumvent regulatory hurdles and add new coins to its portfolio with the acquisition of Paradex, a service which allows users to trade cryptocurrencies without relying on a trusted third party.  Paradex, which launched in beta in January 2018, is a so-called relayer built on top of the 0x platform....CONTINUE READING
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