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Coinbase News | Blockchain.News

COINBASE

Based in California, Coinbase is a digital currency exchange where merchants and consumers can transact with cryptocurrencies like bitcoin, ethereum, and litecoin. Since the establishment in 2012, Coinbase has over 30m users with the transaction value exceeding $150m.

VeChain Announces Launch of Blockchain-Based Digital Platform at Cyprus Hospital
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VeChain Announces Launch of Blockchain-Based Digital Platform at Cyprus Hospital

In light of COVID-19, VeChain announced the launch of a blockchain-based medical platform at the Mediterranean Hospital of Cyprus.

Coinbase Considers Support for 18 New Cryptos Including VeChain, Prompting Higher Prices
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Coinbase Considers Support for 18 New Cryptos Including VeChain, Prompting Higher Prices

Coinbase is considering adding a new range of digital assets, including VeChain, Aragon, Bancor, Siacoin, Origin Protocol, and Ren to its potential listings.

Coinbase's Intention to Sell Blockchain Analytics Software to US Government Watchdogs Created Backlash from Crypto Community
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Coinbase's Intention to Sell Blockchain Analytics Software to US Government Watchdogs Created Backlash from Crypto Community

Leading American cryptocurrency exchange, Coinbase plans to sell its blockchain analytics software called "Coinbase Analytics" to the US Drug Enforcement Administration (DEA) and the Internal Revenue Service (IRS). This decision is not sinking in well with the crypto community because the software will offer identity attribution for domestic and international cryptocurrency addresses to the US government agencies.

Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs
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Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs

Brian Armstrong the Coinbase CEO, has joined the list of cryptocurrency executives who prefer to leverage their own blogs and platforms to distribute information to the media, as opposed to direct contact with any journalists.

Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology
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Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

The Financial Action Task Force (FATF) Travel Rule has been in the center of attention lately, which concerns crypto transactions above a certain amount must be accompanied by identifying information.The rule is an update to the existing FATF Recommendation 16, regarding cross-border and domestic wire transfers, and is intended to address the anti-money laundering (AML) and counter-terrorist financing (CFT) challenges as crypto adoption increases. The FATF Travel Rule could mean implications for virtual asset service providers (VASPs), including cryptocurrency exchanges, wallet providers, and custodians.

JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini
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JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JPMorgan Chase, the largest bank in the United States, has set the ball rolling by accepting crypto exchanges Gemini and Coinbase as banking customers. This is a sign that Bitcoin and other cryptocurrencies are being embraced in the American financial landscape and Wall Street. The bank gave Coinbase and Gemini accounts the green light in April, and transactions are just kick-starting. Reportedly, JPMorgan Chase is offering cash-management services to the exchanges, as well as dealing with dollar-based transactions for their US-based clients.

Bitcoin Is Better Than Gold: Crypto Exchange Coinbase
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Bitcoin Is Better Than Gold: Crypto Exchange Coinbase

On May 1, 2020, the world's leading cryptocurrency exchange Coinbase published an article on its blog claiming that Bitcoin is superior to gold. The crypt exchange had earlier published a similar article where they supported Bitcoin over Gold due to its ease to audit, anonymity, low transaction fee, and ease to be fragmented into smaller fractions.

Coinbase Crashed Amid Bitcoin Price Surge
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Coinbase Crashed Amid Bitcoin Price Surge

On April 30, 2020, Coinbase, one of the biggest crypto exchanges in the world, crashed during the Bitcoin price outbreak where it skyrocketed from $7,700 to $9,200 within a matter of 24 hours.

Coinbase Reveals New Price Oracle Competing with Chainlink as a Major Rival in the DeFi Ecosystem
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Coinbase Reveals New Price Oracle Competing with Chainlink as a Major Rival in the DeFi Ecosystem

San Francisco-based crypto exchange Coinbase is taking the decentralized finance (DeFi) industry to the next level by releasing its Coinbase Price Oracle, a reliable source of signed price data for crypto pairs. Blockchain oracles provide paths between off-chain and on-chain events and are third-party information sources that supply data to blockchains. Blockchain oracles offer useful data for DeFi applications and other blockchain services.

Coinbase CEO: Americans are Investing Their COVID Stimulus Checks in Bitcoin
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Coinbase CEO: Americans are Investing Their COVID Stimulus Checks in Bitcoin

Brian Armstrong, the CEO of US-based crypto exchange Coinbase, has revealed data showing how $1,200 deposits similar to the stimulus checks being offered to Americans by the government has skyrocketed this week. Coinbase is the leading crypto exchange in the American soil.

15,000 Bitcoins Transferred to Exchange Wallets Caught in Action: What Does This Mean for the Market?
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15,000 Bitcoins Transferred to Exchange Wallets Caught in Action: What Does This Mean for the Market?

According to the tweet shared by Whale Alert, in the last 24 hours, there have been transactions of 15,000 Bitcoins worth $99,702,423 from unknown wallets to different exchange wallets like Binance, OKEx, Coinbase, and Phoenix.

Coinbase Wallet Takes a Step Further by Letting Users Earn Interest with New DeFi Integration
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Coinbase Wallet Takes a Step Further by Letting Users Earn Interest with New DeFi Integration

Coinbase’s mobile app Coinbase Wallet has previously enabled the access of decentralized applications, Dapps, the crypto giant has taken one step further in the decentralized world. Coinbase has recently announced that the integration of decentralized finance (DeFi) applications will be made available directly via the Coinbase Wallet on both iOS and Android.

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card
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Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Coinbase Card and Google Pay have partnered to increase the liquidity of cryptos and provide a new form of convenient payment options to clients. Coinbase customers now can use their cards via easy mainstream mobile payments.

Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash
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Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Is Bitcoin still a safe haven? The Crypto Community takes the debate to Twitter after the biggest stock market crash since 2009.

Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter
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Coinbase CEO Brian Armstrong Ponders Mass Cryptocurrency Adoption on Twitter

Brian Armstrong, Coinbase CEO, believes that blockchain will help the crypto space to reach 5 billion users.