TL;DR: Coinbase is announcing its partnership and investment in the WNBA ecosystem. Today, Coinbase is excited to announce our expanded investment within the Women’s National Basketball Association (WNBA) ecosystem. In addition to the League, our new partners include the Women’s National Basketball Players Association (“WNBPA” — the union which represents all players), two team partners,...Read More
By Paul Grewal, Chief Legal Officer Tl;dr: At Coinbase, we take our responsibility to build a more open, accessible financial system very seriously. We’re deeply committed to our asset listing policies and processes, and we’ll continue to innovate as our dynamic space evolves. A few weeks ago, we shared concerns about purchases of certain assets...Read More
As global regulators are ramping up forces targeting digital asset firms, Coinbase announced the launch of a global crypto-native think tank that aims to accelerate research on the industry and hold constructive discussions with policymakers. Coinbase Institute The blog post by the largest US-based crypto exchange stated that the newly established think tank, Coinbase Institute,...Read More
Coinbase announced facilitating access to Ethereum-based decentralized applications directly through the Coinbase app. This update will enable eligible app users to purchase NFTs on marketplaces such as the recently launched Coinbase NFT or OpenSea, trade on decentralized exchanges, and start borrowing, lending, or swapping through DeFi platforms like Compound. Web 3 on Coinbase App As...Read More
Tl;dr: Enterprise-grade liquid staking is an industry gap. The first-ever enterprise-grade liquid staking protocol is being launched by a highly experienced team of founders, with early support from Coinbase Cloud and Figment. We couldn’t be more excited to announce that Coinbase Cloud, in collaboration with Figment, is supporting a group of experienced founders and operators...Read More
By Emilie Choi, President and Chief Operating Officer I shared an update with our employees today that I want to also share publicly. Please note that these changes are not expected to have any material impact to our previously communicated expense outlook for Q2, or full-year 2022, as disclosed in our Q1 shareholder letter. Tl;dr:...Read More
Tl;dr: Apply for our summer 2022 Community Ambassador Program here. If you live and breathe crypto or you’re simply crypto-curious and want to gain more exposure to the industry, this is the perfect opportunity. Program rolls out June through August 2022. Application deadline is May 23rd. by Mengfan Zhang, Ecosystem Manager at Coinbase Coinbase is...Read More
By Brian Armstrong, CEO and Cofounder Tl;dr: We review assets as thoroughly and quickly as possible, and list everything that we can safely and legally. But there is always more we can do to improve our asset listing process. Recently, members of the crypto community have told us that they don’t always understand why Coinbase...Read More
As crypto becomes increasingly mainstream, our mission to bring economic freedom to the world by powering a crypto ecosystem accessible to all is more important than ever. A crucial factor to accessibility is helping ensure everyone can safely and appropriately participate in the cryptoeconomy while also keeping pace with evolving global regulations — a challenge...Read More
The leading US-based cryptocurrency exchange – Coinbase – has reportedly put Turkey’s digital asset platform – BtcTurk – on its radar, planning to purchase it for approximately $3.2 billion. As reported by Turkish media outlets, Coinbase could soon acquire BtcTurk in a deal worth over $3 billion. Sources close to the matter disclosed that the...Read More
After months of waiting, NFT enthusiasts can finally visit the Coinbase non-fungible token platform, a Web3 marketplace for such collectibles. The beta version is live on Tuesday, and, as of now, only beta testers selected from the waitlist can create profiles to transact NFTs, but the site is open for anyone to check out the...Read More
Image by Amber Vittoria By Sanchan Saxena, VP of Product, Ecosystem Products gm NFT Community, Last year we announced Coinbase NFT, a Web3 social marketplace for NFTs. Since then, we’ve been building in the open and getting input from the NFT community. We shared previews of our progress with collectors and creators and received amazing...Read More
By Coinbase Special Investigations Team In our last post we introduced the cornerstone of scaling up blockchain analysis, commonspend, and its pitfalls. In this blog post we’ll explore more complex and novel blockchain analysis scaling methods, their drawbacks and why time is a critical feature of blockchain analytics. Change prediction is the second most commonly...Read More
Two of India’s largest crypto exchanges – CoinSwitch Kuber and WazirX – have halted deposits in Indian rupees citing regulatory problems, triggering a wave of angry protests by investors on social media. It comes two days after Coinbase halted deposits in Indian rupees on Sunday, barely 3 days following its launch in India on April...Read More
Asset manager IDEG has unveiled Ethereum Enhanced Portfolio as part of its new TIMES suite of products with Coinbase Prime as its strategic partner. The new fund will be part of the “TIMES” suite of products, which stands for – Trust, Interest, Mining, Yield Earnings, and Structured Solutions. TIMES Suite of Products The new actively...Read More
Starting immediately and as part of an effort to increase transparency by providing as much information symmetry as possible, Coinbase will be using this blog post as a pilot to communicate assets under consideration for listing in Q2 2022 (April 1st, 2022 to June 30th, 2022). April 1 — June 30 2022 Roadmap The following...Read More
Three days after Coinbase launched trading services in India, claiming support for the popular payment instrument Unified Payments Interface (UPI), the firm disabled the function and virtually stopped offering users the option to buy on Sunday. The Coinbase app is, however, still allowing customers to sell through IMPS (Immediate Payment Service). Coinbase launched trading services...Read More
Coinbase is reducing the number of confirmations required for several assets on the platform. We expect this change to both improve customer experience and security posture. What’s changed New confirmation requirements for Bitcoin, Litecoin, Ethereum, and Ethereum Classic pursuant to the table below: Why we made these changes Confirmation requirements for assets are based on...Read More
By Muneeb Imtiaz, Senior Product Manager At Coinbase, we’re reimagining the crypto spending and earning experience by building products that are safe, trusted, and easy-to-use. That’s why we’re enhancing Coinbase Card to give customers more flexibility than ever. Through Coinbase Card’s upcoming rotating rewards structure, customers will be able to earn a wider variety of...Read More
Coinbase is reportedly close to finalizing a deal that would see it acquire Brazil’s largest cryptocurrency exchange following year-long negotiations. According to a local newspaper that didn’t disclose its sources, the leading US-based cryptocurrency exchange – Coinbase – is close to acquiring 2TM. The latter is a holding that controls the largest crypto brokerage in...Read More
Certain users will have to provide additional information when sending cryptocurrencies, said exchange giant Coinbase. In a bid to comply with local regulations, customers in Canada, Japan, and Singapore sending digital assets to another financial institution or exchange will be required to disclose specific information such as the name, address. The official blog post stated,...Read More
Coinbase’s Applied Researcher, Yehuda Lindell, has won the prestigious “Test-of-Time” award for 2022 from the International Association of Cryptologic Research (IACR). The “Test-of-Time” award recognizes papers published 15 years ago that have had a lasting impact on the field of cryptography. Yehuda’s pioneering work was published a year before another important paper you may be...Read More
By Coinbase Security Team As part of our mission to build a more fair, accessible, efficient, and transparent financial system enabled by crypto, we actively monitor for security threats not only to Coinbase but to the crypto ecosystem as a whole. As we have discussed in our previous blog posts on industry-wide crypto security threats...Read More
An interview with Varsha Mahadevan, Software Engineering Manager In the last six months, Google searches for ‘Web3’ have grown more than 33x as people begin to look into the movement towards decentralization. This term has become synonymous with a more transparent and equitable way for individuals to participate in building the next generation of applications...Read More
By Rupmalini Sahu, Senior Product Manager At Coinbase, we’re focused on offering more ways for customers to earn crypto rewards. Today, we’re expanding our staking offerings to include Cardano (ADA) with plans to continue to scale our staking portfolio in 2022. Cardano is one of the top ten most valuable cryptocurrencies by market cap. It’s...Read More
Web 3 and blockchain infrastructure provider Coinbase Cloud has announced the launch of a suite of blockchain solutions and services for the growing Avalanche ecosystem. Coinbase Cloud revealed running a public validator on Avalanche that enables delegators to stake their AVAX tokens. They contribute to the growth and security of the network by verifying transactions,...Read More
The Advertising Standard Authority (ASA) intensified its negative stance against crypto-related companies. It warned such entities not to encourage individuals to purchase digital assets with credit cards or swap their pensions for coins like bitcoin. The ASA’s Latest Warning The British authorities and financial regulators are known for their harsh stance against the cryptocurrency sector....Read More
Jim Chanos, president and founder of Kynikos Associates, believes Coinbase (COIN) stocks are highly overpriced. As such, his NYC-registered investment entity has decided to short them, even though their value has declined by 50% since November. Ever since Coinbase became the largest cryptocurrency exchange to go live on Nasdaq as a publicly-traded company in April...Read More
Three Coinbase users are attempting to sue the company over 79 crypto tokens listed on the platform. They may be considered securities, and therefore, the sales could be deemed unlawful according to the suit. The trio, Christopher Underwood, Louis Oberlander, and Henry Rodriguez, filed the class action last week with the district court in the...Read More
The San Francisco-based crypto exchange – Coinbase – announced that users can now take advantage of the new feature to fund their non-custodial Coinbase Wallet easier than before. The Newest Product As part of its mission to make cryptocurrency products accessible to the broad public, Coinbase introduced Coinbase Pay. The company explained that the solution...Read More
