Coinbase officials have suggested that they need to become the "Amazon Web Services of cryptocurrencies" as soon as possible.
Founded in 2012, Coinbase — named after the Bitcoin (BTC) coinbase transaction that rewards miners for validating blocks — is one of the oldest, largest cryptocurrency exchanges, having supported tens of millions of users since its launch.
Coinbase offers a range of services including custodial wallets with secure buying, selling and storage of cryptocurrencies; advanced trading and exchange services via Coinbase Pro; and USD Coin (USDC), a stablecoin backed by United States dollar reserves that is built on the Ethereum ERC-20 token standard, offering the advantages of cryptocurrencies without the price volatility.
Coinbase has been a popular choice for newcomers seeking to gain exposure to the burgeoning cryptocurrency space.
The hearing, "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States," is the latest from Congress to explore the issues concerning crypto assets.7605
“We’ve long recognized Israel as a hot bed of strong technology and cryptography talent, and are excited to continue to grow our team with some of the best and brightest minds in these fields,” said Coinbase.3078
“Nothing will change in the BRD wallet app and as always, your funds are safe and secure,” said BRD CEO Adam Traidman and co-founder Aaron Voisine.15180
Coinbase experienced connectivity issues three times over the past 30 days, according to official data.11910
Robinhood’s chief legal officer is not enamored with a recent Coinbase proposal for a separate regulatory body for the crypto space.8607
“We want to empower the cryptoeconomy to share knowledge and information and learn from each other,” said Coinbase senior product manager Rishav Mukherji.7418
Ten times as many people have signed up for Coinbase’s upcoming NFT platform than OpenSea saw in total over the past 30 days.18821
According to Chainalysis data, the number of DEX’s doubled between Q1 2019 and Q3 2021, while the number of CEX’s stayed around the same.6162
“Crypto was new to me once, but once I started reading and watching, I realized that it wasn’t some passing fad — it’s here now, and will be in the future,” said Team Liquid owner and co-CEO Steve Arhancet.5686
Coinbase posted total net revenue of $1.235 billion in Q3 falling 30% short of FactSet estimates of $1.614 billion.8843
Self-custody wallets have proven extremely popular among users looking to access decentralized exchanges and NFTs.4905
Former Binance.US CEO Brian Brooks has become the new CEO of Bitfury and will oversee the firm’s rapid expansion plans.4504
The near triple-digit gains seen in TRAC, XYO and MKR have traders hopeful that an altcoin season is underway.12039
LCX, ILV, TOKE and at least 10 other altcoins hit new all-time highs alongside ETH on Nov. 3.15077