Tag Archives: coinbase

Coinbase Launches Venture Fund To Support Young Crypto Companies

Coinbase Launches Venture Fund To Support Young Crypto Companies

Crypto exchange and wallet Coinbase has announced that they will be launching Coinbase Venture, a fund to finance “compelling” companies in the crypto space, according to a Coinbase blog post published Thursday, April 5.  Coinbase writes that they will be “providing financing to promising early stage companies that have the teams and ideas that can move the space forward […]

Strong Words, Little Action: ICOs Draw Fire at US Congress Hearing

Strong Words, Little Action: ICOs Draw Fire at US Congress Hearing

“Congress has a responsibility to ensure that investors are protected without unduly preventing growth.” So said U.S. Rep. Randy Hultgren of Illinois during a Wednesday hearing of the House Capital Markets, Securities and Investment Subcommittee, which met to ask questions on the topic. Drawing a mix of academic and industry witnesses, the hearing highlighted some of the […]

Coinbase Releases Tax Calculator But Many Users Will Likely Not Qualify

Coinbase Releases Tax Calculator But Many Users Will Likely Not Qualify

US exchange and wallet provider Coinbase released tax reporting tools for users to file to US authorities on March 13. In a blog post, Coinbase announced some users could use its form generation options to calculate tax owed on cryptocurrency gains ahead of this year’s Internal Revenue Service (IRS)reporting deadline of April 17. The move comes following years of struggle between the […]

Crypto Exchange Coinbase Launches Four-Coin Index Fund, Only For Accredited Investors

Crypto Exchange Coinbase Launches Four-Coin Index Fund, Only For Accredited Investors

Crypto exchange and wallet Coinbase has announced the creation of both the Coinbase Index Fund and Coinbase Index in a Medium post yesterday, March 6. The Coinbase Index Fund, whose “basket of digital assets” includes all of the Coinbase exchange GDAX’s four coins — Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) — is open to all US-resident accredited investors–defined by those having a net worth of more than $1 mln or […]

Bitcoin Transaction Volume Hits Two-Year Low, Despite Rock-Bottom Fees

Bitcoin Transaction Volume Hits Two-Year Low, Despite Rock-Bottom Fees

Bitcoin’s sideways price action has led to the lowest number of confirmed transactions per day since March 2016, according to Blockchain.info. Data shows BTC transactions falling in line with downward trends in price since the all-time highs of December 2017. The number of transactions reached a two-year low on Feb. 26 with only 180,000 confirmed transactions, while Sunday, March 4 saw […]

Crypto Market In The Red Despite Bitcoin Transaction Fees Dropping, Dominance Rising

Crypto Market In The Red Despite Bitcoin Transaction Fees Dropping, Dominance Rising

While Bitcoin (BTC) dominance is up and Bitcoin transaction fees are down, the crypto market is seeing an overall downturn by press time, Wednesday, Feb. 21, with all of the top 30 coins on CoinMarketCap in the red. Bitcoin dominance, or BTC’s market cap as a share of the total market cap for all cryptocurrencies, is at a monthly […]

SegWit Finally Embraced by Coinbase and Bitfinex, Bright Future Ahead

SegWit Finally Embraced by Coinbase and Bitfinex, Bright Future Ahead

Today, Coinbase — cryptocurrency exchange, brokerage, wallet, and operator of GDAX — and Hong Kong-based exchange Bitfinex have announced the implementation of P2SH Segregated Witness (SegWit). As per the companies’ tweets, users will experience improved transaction processing times and lower fees across the Bitcoin network. Coinbase ✔@coinbase Our engineering team has finished testing of SegWit […]

Visa, Worldpay Take Blame For Duplicate Charges On Coinbase, Reverse Transactions

Visa, Worldpay Take Blame For Duplicate Charges On Coinbase, Reverse Transactions

Visa and payment processing company Worldpay issued a joint statement on the Coinbase blogtoday, Feb. 17, taking responsibility for charging Coinbase customers multiple times for the same transaction. Before admitting fault in the statement published by Coinbase today, Visa had at first shifted the blame back to Coinbase, telling the Financial Times on Feb. 16 that it had “not made any systems […]