Coinbase
Coinbase is an online platform that allows merchants, consumers, and traders to transact with digital currency. It allows its users to create their own bitcoin wallets and start buying or selling bitcoins by connecting with their bank accounts. In addition, it provides a series of merchant payment processing systems and tools that support many highly-trafficked websites on the internet.
Coinbase was launched in 2012 with a mission to create an open financial system for the world. It is operated from San Francisco, California. The company raised over $100M in funding from world’s leading investors including DFJ Growth, Andreessen Horowitz, Union Square Ventures, Ribbit Capital and NYSE.
U.S. cryptocurrency exchange Bittrex has announced the launch of its over-the-counter trading desk that will facilitate trading between two parties.
San Francisco-based fintech app provider Plaid has announced its first major acquisition. The startup allegedly spends $200M to acquire its rival company Quovo.
Coinbase took to its Twitter to reveal that its internal developers detected a “deep chain reorganization” of the Ethereum Classic (ETC) blockchain. During that ‘reorgs’ nearly $500,000 worth of ethereum classic was spent twice
Coinbase is yet to allow its users withdraw their BCH SV since November’s hard fork. Since the highly publicized Bitcoin Cash hard fork, it has been reported that the exchange has not permitted its Bitcoin Cash holders to make Bitcoin SV withdrawals.
In addition to being Bitcoin’s 10th birthday, Jan. 3, 2019 will go down in history as being the crypto world’s inaugural Proof of Keys day.
The CEO of FX hedge fund Three Arrows Capital, Su Zhu, has said that Binance, the largest crypto exchange in the global market, is the most trusted among investors within the digital asset community.
Citing heavy client demand, Investment advisor Wealthfront announced Coinbase integration which will allow its users to track cryptocurrency investments. Savings and checking accounts to be provided within the first few months of 2019.
In Coinbase they decided to end their 12 days long feature with the announcement about what crypto can do now and their hopes for a more inclusive blockchain.
The Giving Pledge has acquired another new member in Coinbase CEO Brian Armstrong. He has committed a significant part of his wealth to help others.
Facebook is reportedly working on developing its own stablecoin, which initially will be focused on the remittances market in India where it will enable users to transfer money via a dollar-pegged cryptocurrency on WhatsApp.
