Switzerland’s government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding package in April. He planned to issue out loans to startups, which could be converted into shares. The central government had already unveiled...Read More
Funky Crypto Podcasts is one of the crypto educatory platforms with Ben Askren and John Kim as hosts. They educate the masses on the cryptocurrencies like Bitcoin, Litecoin, etc. In recent posts, they held an interview with an American Author, physician, and a retired politician who served as the U.S representative for Texas. The interview...Read More
According to an online monitoring web portal called, Under the Breach, a hacker is purportedly trying to sell customer information that stems from companies like Keepkey, Trezor, Ledger, and even the investment platform Bnktothefuture. The hacker doesn’t seem to have any passwords, but is offering detailed information that was stolen from an alleged Shopify breach...Read More
Today we’re welcoming FTX, one of the world’s most exciting cryptocurrency derivatives and spot exchanges, to Coinbase Custody International (CCI). As the primary custodian for FTX, Coinbase Custody will be responsible for the storage of its ERC-20 exchange token, $FTT. FTX selected Coinbase Custody International after reviewing our battle-tested storage solution which includes world-class security, regulatory...Read More
Mark Cuban, an investor who has a net worth of $4.3 billion and is a Member of US President Trump’s Economic Revival Team was seen conversing about re-opening the economy and the Paycheck Protection Program (PPP) on Fox Business Network recently. This crypto-cynical personality said, “The PPP plan was perfect in conception”. He further added,...Read More
Coinbase Custody clients now have the ability to use their Cosmos assets to earn rewards through staking without having to put their funds at risk. By Bryce Ferguson, Product Manager, Coinbase Custody Coinbase Custody was the first crypto custodian to offer staking and active governance for digital assets held in safe, offline storage. This means that our...Read More
I sent the note below to employees earlier today. I’m sharing it publicly here in case others find it helpful. Continue reading on The Coinbase Blog » The post appeared first on The Coinbase BlogRead More
On Monday, May 18 2020, transfer OMG into your Coinbase Pro account ahead of trading. Support for OMG will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Per previous launches, transfers will open during business hours, Pacific time. On Monday, May 18, we will begin accepting inbound transfers of OMG...Read More
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn since May 11. Additionally, statistics from Bituniverse’s exchange reserve data indicate...Read More
Around the Block #6: Bitcoin’s dominance alongside Coinbase customer behavior, the coming DEX revolution, and other recent crypto news Coinbase Around the Block, sheds light on key issues in the crypto space. In this edition, Justin Mart analyzes Bitcoin’s continued dominance alongside Coinbase customer behavior, the coming DEX Revolution, as well as other notable news in...Read More
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status. However, the prospectus sent to SEC shows that while Ebang...Read More
https://medium.com/media/0e9016a1eb61254843b184b0ef4e123b/href Bitcoin is often called “digital gold” because just like gold, Bitcoin is a valuable, scarce resource that’s resistant to inflation. But unlike gold, Bitcoin is digital — it can be sent globally almost as easily as sending an email — and its scarcity is known — while it’s estimated that one could fit all the gold ever mined into a...Read More
Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining stocks, cryptocurrencies, and offshore banking. News.Bitcoin.com chatted with Berwick this week...Read More
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions...Read More
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions...Read More
Quick take: Bitcoin (BTC) has once again reclaimed $9,000 with 5 days until halving. Pantera Capital’s CEO, Dan Morehead, sees a scenario where BTC hits $115,212 by August 2021. His analysis is based on the change in the stock-to-flow ratio across each halving. The hype and excitement surrounding the Bitcoin halving event is once again...Read More
In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation. The funding will drive a push to expand the platform globally. Robinhood also plans on scaling the platform and offering more products to users. The team at the popular trading platform of Robinhood has announced that the firm has secured...Read More
Companies are thinking about how and when to have employees come back to work. Due to social distancing requirements, many are realizing that they will only be able to have up to 50% of employees return to offices at most. At the same time, many companies are realizing that remote work has worked better than they...Read More
There are always questions as to which Dapps are effectively popular and which are just a flash in the pan. A new report by DappRadar shows that high-risk projects will always attract a certain crowd, for some reason. It is always intriguing to see how the Dapp ecosystem evolves. High-Risk Dapps Remain Popular With so...Read More
By Mike Co and Shawn Dejbakhsh Bitcoin and gold are fundamentally similar as scarce and globally accessible units of value. But gold’s recent market supply squeeze highlights important distinctions between the two assets. The recent challenges of the gold market reveals Bitcoin’s distinct advantage over gold: Bitcoin does not rely on fragile physical supply chains...Read More
There is a lot of momentum taking place within the cryptocurrency space these days. Bitcoin’s price momentum over the past few days has been interesting to watch, as it benefits the entire cryptocurrency industry. The year 2020 has been a bit of a mixed bag for Bitcoin and all other cryptocurrencies. Cryptocurrency Market cap Recovers...Read More
When Bitcoin price surged as a Pre-Halving effect, the altcoins followed the trend. The Bitcoin SV on Wednesday opened at $208.31 and is currently trading at $220.48 (11.63%) high in 24 hours. Since the 4 days of trading were tight, ranging from 187.16 to $203.40, the buyers and sellers were not placing any big bets...Read More
Coinbase Custody to support Celo Gold (cGLD), Filecoin (FIL), Keep Network (KEEP), NEAR Protocol (NEAR) & Polkadot (DOT) With over 300 clients and having topped more than $8 billion in crypto assets stored, Coinbase Custody is the world’s largest and most trusted institutional crypto custodian. Started in 2018, Coinbase Custody offers clients access to the secure,...Read More
Not much good has come out of the coronavirus crisis so far. One surprising turn of events is how the blockchain industry is now hiring more employees compared to before. Blockchain jobs have always been a bit of an awkward statistic. Blockchain Industry Giants are Hiring Figures have spiked in 2017 and 2018, yet took...Read More
The Coinbase Price Oracle provides a critically important service to the DeFi ecosystem: a signed price feed available via the Coinbase Pro API. By Andrei Anisimov and Luke Youngblood Over the last two years the Decentralized Finance (DeFi) ecosystem has rapidly expanded as a core use-case in crypto. Today, there are close to $1B in assets...Read More
In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory. Such an event had not been anticipated by the team at the EMX exchange. The team halted trading of its USOIL-Perp contract. Trading of the perpetual contract is yet to be reopened as the team...Read More
By Mike Co In recent days, stablecoins have grown by nearly $3 billion. As a brief primer, a stablecoin is “a digital currency designed to maintain price parity to some ‘stable’ asset. A stablecoin can have its value ‘pegged’ to fiat money, to gold, to other digital currencies, to exchange-traded commodities, etc.” There are currently at least...Read More
By Melissa Zhang Crypto at its core has always been intended for a global audience. Bitcoin and other cryptocurrencies have no concept of borders, allowing for value to transfer seamlessly across the Internet. Coinbase’s vision and mission is to build an open financial system for the world. As of mid-2017, Coinbase was supporting translations in eight...Read More
In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300. At the same time, its trade volume has been dropping together with its dominance in the crypto markets. In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on a slow and...Read More
In brief: Evidence points towards US citizens using there $1,200 stimulus checks to buy Bitcoin (BTC). Grayscale Capital’s recent quarterly report provides a clue as to institutional interest in Bitcoin (BTC). The King of Crypto is hovering around $7,200 and looks set to start a climb up to $8,000. For the last 72 hours, Bitcoin...Read More
