Tag Archives: coinbase

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 […]

Coinbase Custody Now Has $1 Billion of Crypto Under Management, CEO Says

Coinbase Custody Now Has $1 Billion of Crypto Under Management, CEO Says

Coinbase CEO Brian Armstrong said the exchange’s custody service, Coinbase Custody, has $1 billion in assets under management (AUM) in just 12 months after launch. In an on-stage discussion at CoinDesk’s Consensus 2019 event on Wednesday, Armstrong was asked by panel moderator and Wall Street Journal reporter Paul Vigna about the status of institutional involvement in the […]

Coinbase To Fill Gap In Stablecoin Market As Tether Faces Criticism

Coinbase To Fill Gap In Stablecoin Market As Tether Faces Criticism

As Vice President of Corporate and Business Development at Coinbase, Emilie Choi puts it, a stablecoin is a “digital programmable dollar” and let’s be honest, the leading stablecoin, Tether hasn’t had a good few weeks. Given the scandal with Bitfinex, there is a hole for a competitor to come out and take over the stablecoin space. It now seems […]

Coinbase Launches Crypto Visa Debit Card for UK and EU Customers

Coinbase Launches Crypto Visa Debit Card for UK and EU Customers

Cryptocurrency exchange Coinbase has launched a Visa debit card allowing customers in the U.K. and EU to spend their cryptocurrencies directly from their Coinbase accounts. The San Francisco-based firm announced the news in a blog post on Wednesday, saying that with the “Coinbase Card,” customers will be able to spend their bitcoin (BTC), ether (ETH), litecoin (LTC) […]