Tag Archives: coinbase

Fidelity Makes It Easy for No-Coiners to Invest in Crypto

Fidelity Makes It Easy for No-Coiners to Invest in Crypto

Following a limited launch last autumn, Fidelity Digital Assets is going all out in the hunt for institutional investors looking into cryptocurrency trading and custody solutions. Up until now, the platform was available only to select few investors on a trial basis. Among other perks, Fidelity’s cryptocurrency-focused services are expected to make it easier for […]

Coinbase Is in Talks to Launch Its Own Insurance Company

Coinbase Is in Talks to Launch Its Own Insurance Company

Cryptocurrency exchange Coinbase is in talks to set up its own regulated insurance company with the help of insurance broker giant Aon, industry sources told CoinDesk. Establishing “captive” insurance subsidiaries, wholly owned by the firm being insured, is a time-honored way for corporations to reduce costs and improve access to reinsurance markets (a form of […]

Barclays Is No Longer Banking Coinbase

Barclays Is No Longer Banking Coinbase

The most prestigious banking relationship in crypto has ended. Barclays, the London-based global bank, is no longer working with cryptocurrency exchange Coinbase, industry sources told CoinDesk. And while Coinbase found a replacement in U.K. upstart Clearbank, according to people familiar with the situation, the change has indirectly inconvenienced the exchange’s users. That’s because, aside from […]

Pro or Anti Bitcoin? Crypto Community Divided Amid Facebook Coin Launch

Pro or Anti Bitcoin? Crypto Community Divided Amid Facebook Coin Launch

At long last, Facebook’s inaugural consumer-facing Bitcoin-related (albeit remotely related) project is upon us. To be announced on Tuesday morning, Libra (Reserve) is slated to be a stablecoin tied to a basket of traditional assets, presumably ensuring it is nothing like other crypto assets. Joining the social media giant in this venture are star massive […]

A Fidelity-backed firm that’s been quietly moving crypto around for large trading firms has secured $16 million in Series A

A Fidelity-backed firm that’s been quietly moving crypto around for large trading firms has secured $16 million in Series A

While many cryptocurrency custodians and exchanges busy themselves with building secure wallets to store digital assets, fewer companies recognize the need for safe transitions of crypto assets between those wallets. Fireblocks, which already counts over-the-counter trading firms Galaxy Digital and Genesis Global Trading as customers, aims to fill that gap. Previously operating under stealth mode, […]

Coinbase President Steps Down, Emilie Choi Named as Replacement

Coinbase President Steps Down, Emilie Choi Named as Replacement

Coinbase president and chief operating officer Asiff Hirji is leaving the cryptocurrency exchange, the company confirmed Friday. Hirji joined the crypto unicorn in December 2017, joining after a stint at venture capital firm Andreessen Horowitz. “We’re incredibly grateful for Asiff’s contributions over the past 18 months,” Brian Armstrong, co-founder and CEO of Coinbase, said in a statement. […]

Crypto Exchange Binance Confirms Margin Trading Coming ‘Soon’: Report

Binance has confirmed it will be launching a margin trading service, after the cryptocurrency exchange accidentally tweeted images suggesting the service was in development. First noticed by Twitter users earlier on Friday, Binance posted screenshots of its platform in dark and light modes, asking users which one they preferred. The screenshots contained a dedicated tab titled “Margin,” […]

CoinDesk’s John Biggs Walks the Exhibit Halls of Consensus 2019

CoinDesk’s John Biggs Walks the Exhibit Halls of Consensus 2019

CoinDesk’s annual Consensus conference isn’t just about big names or well-known startups and enterprises. In fact, there are many small and growing startups populating the main exhibit halls, pitching their products and services to the ever-shifting crowd of thousands. To capture just a slice of the activity going on, CoinDesk news editor John Biggs hit […]