Tag Archives: coinbase

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 […]

Unconfirmed: Circle In Talks To Acquire Crypto Exchange Poloniex

Unconfirmed: Circle In Talks To Acquire Crypto Exchange Poloniex

According to an exclusive report on Blockchain technology blog Modern Consensus, Circle, a multi-currency money-sending app, is reportedly in the works to acquire Poloniex, a major US-based cryptocurrency exchange. Modern Consensus cited two unnamed sources that had information about the potential deal. However, when asked about the reported acquisition of Poloniex, Raj Date, a board member of Circle, told […]

Charlie Lee: Bullish on Bitcoin And Litecoin Long Term, Short Term Impossible To Predict

Charlie Lee: Bullish on Bitcoin And Litecoin Long Term, Short Term Impossible To Predict

Charlie Lee, the founder of Litecoin (LTC) and former Director of Engineering at Coinbase, has taken some bold steps recently in the crypto world. In December, Lee announced in a Reddit post that he had sold and donated all of his LTC, citing a conflict of interest. In January, Lee tweeted a proposal for a Litecoin soft fork that […]

Can Bitcoin Claw its Way Back to Being a Payment System?

Can Bitcoin Claw its Way Back to Being a Payment System?

The header of the Bitcoin white paper defines the digital currency as “A Peer-to-Peer Electronic Cash System.” However, a deeper look into what Bitcoin has become, and where it has come from, shows a very different picture. Users have flooded to the cryptomarket, usually through the gateway that is Bitcoin, for its possibilities as a store of value […]

Morgan Stanley Now Clearing Bitcoin Futures for Clients, Helping Institutions Gain Exposure

Morgan Stanley Now Clearing Bitcoin Futures for Clients, Helping Institutions Gain Exposure

Morgan Stanley is now clearing Bitcoin futures for their clients, meaning that Goldman Sachs is no longer the sole Wall Street firm doing so. Morgan Stanley joins Goldman Sachs, TD Ameritrade, E*Trade and others in clearing CME and Cboe Bitcoin futures. The reaction of the Bitcoin community has been divided over the creation of regulated Bitcoin futures, with some suggesting […]

Bitcoin, Ether, Litecoin: Coinbase Enables ‘Instant’ Purchases for US Buyers

Bitcoin, Ether, Litecoin: Coinbase Enables ‘Instant’ Purchases for US Buyers

Cryptocurrency exchange startup Coinbase has announced that some users will now be able to access “instant” purchases of bitcoin, ethereum and litecoin. The new service is currently only available for users making payments from a U.S. bank account and in amounts of under $25,000. However, Coinbase said it plans to expand the instant purchasing service to […]

Vivid History: ‘How Money Got Free’ Is the Untold Story of Bitcoin

Vivid History: ‘How Money Got Free’ Is the Untold Story of Bitcoin

I have long suspected, owing to its sheer brilliance and idiosyncratic beauty, that bitcoin was in fact brought here by aliens from another planet. Brian Patrick Eha’s vivid history of bitcoin, “How Money Got Free: Bitcoin and the Fight for the Future of Finance,” which captures in thrilling journalistic fashion what I experienced in my […]

Coinbase Awarded Patent for Bitcoin Security Concept

Coinbase Awarded Patent for Bitcoin Security Concept

Cryptocurrency exchange startup Coinbase has been awarded a new patent related to private key security, public records show. The U.S. Patent and Trademark Office (USPTO) published the patent yesterday, entitled “Key ceremony of a security system forming part of a host computer for cryptographic transactions.” Two former Coinbase engineers – James Hudon, who now works […]