Blockchain 

Coinbase Card Includes 5 More Cryptos and Launches in 10 Countries

The crypto space has grown at a breakneck pace over the course of the past few years and a fair share of the credit for that should go to mega crypto exchanges like Coinbase. Over the years, the company has introduced a wide range of products that have managed to further expand the crypto ecosystem, and on Thursday, it made another major announcement. The company announced that it is going to add support to five new cryptocurrencies for the VISA debit card that it issues. In addition to that, it…

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Blockchain 

Coinbase to Offer Tezos Staking to US Consumers

While it is true that the crypto space has grown at a breathtaking pace over the past few years in the United States, it should be noted that it would not have been possible without the stellar service provided by crypto exchanges like Coinbase. Over the years, the exchange has provided crypto enthusiasts, investors, and traders with a world-class platform. Key Details In a new development, it has emerged that Coinbase users will now be able to stake the cryptocurrency Tezos on the platform. The announcement was made on Tuesday…

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Blockchain 

Coinbase Earned About $2 Billion in Trading Fees Since 2012

Over the years, crypto exchanges have become the most important part of the entire ecosystem, and among the many exchanges, Coinbase is definitely one of the most influential. It has grown into one of the biggest exchanges in the world and the exchange of choice for millions in the United States, the most important market for any business. Solid Numbers The company’s Chief Executive Officer Brian Armstrong recently spoke at Vanity Fair’s New Establishment Summit and stated that the company has notched up $2 billion fees since its inception. The company…

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Blockchain 

Coinbase Pro Increases Fees, Resumes Accepting GBP

Coinbase has announced that it will increase fees on its Coinbase Pro platform as well as resuming support for UK deposits and withdrawals. Coinbase Pro, the cryptocurrency exchange’s platform for professional and institutional traders, will adopt a new fee structure that will see an increase in fees on all transactions under $10,000 USD and between $10,000 USD and $50,000 USD. The new structure will see maker fees rise by 233% for the lowest tier of transactions, from 0.15% to 0.50%, while taker fees will go from 0.25% to 0.50%, an…

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Blockchain 

Coinbase to List Telegram and Polkadot Cryptocurrencies Soon

Over the past few years, plenty of new cryptocurrency exchanges have been established worldwide, but very few can claim to be as influential as Coinbase. The US-based cryptocurrency agency has a wide range of offerings and a large number of customers, which makes it the most coveted listing for many tokens. Due to the sheer number of users and the fact that a large chunk of crypto investors in the US use the exchange, a listing naturally means a big deal for a crypto token. In a new development, the…

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Blockchain 

Coinbase Announces Dash Listing | What We Know

Last week, Coinbase conducted an exploration period with cryptocurrency Dash. All must have gone well, considering headlines today are consisting of the exchange’s official listing of the coin. Here are the details. Coinbase Listing Dash: The Facts Earlier last month, Coinbase said it conducted a report that explored eight cryptocurrencies. Dash was one of those virtual currencies, and it is the first to receive approval from the crypto exchange. The other currencies reviewed included Cosmos, Harmony, Waves, Matic, Ontology, and Algorand. In addition to being the 16th largest cryptocurrency, Dash…

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Blockchain 

Is Coinbase Launching an Initial Exchange Offering (IEO) Platform?

The cryptocurrency exchange Coinbase has shown interest in the launch of an initial exchange offering (IEO) platform. The huge surge in popularity that Bitcoin and other cryptocurrencies have enjoyed over the course of the past few years is due to a lot of factors. One of the most important ones is the various crypto exchanges which made it possible for millions of people to easily buy and sell these tokens. Key Details Among the hundreds of crypto exchanges that have been established over the years, Coinbase has proven to be…

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Blockchain 

Coinbase Launches New $2 Million USDC Bootstrap Fund

Coinbase, a leading crypto trading platform, has announced a new $2 million USDC fund to further develop decentralized finance (DeFi) projects. Difference Between Bootstrap Fund and Coinbase Ventures The initiative is to be called the USDC Bootstrap Fund and will see $1 million USDC invested in both Compound, a money market protocol, and dYdX, a margin trading protocol and open trading platform for crypto assets. The fund differs from Coinbase Ventures, which invests in startups and takes an equity stake, in that it will add to the protocols’ lending pools…

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Blockchain 

Coinbase Strengthens Crypto Custodian Empire with XapoBusiness Acquisition

Coinbase has risen to become the largest cryptocurrency custodian, with the acquisition of Xapo’s institutional business. Immediate reports indicate that the US crypto exchange paid $55 million for the assets in question. The exchange also reportedly beat investment giant Fidelity that was also in the running for the Xapo business. The acquisition comes at a time when Coinbase’s custodian business has grown to over $7 billion in assets under custody. Coinbase currently services over 120 clients distributed in over 14 countries. Following the acquisition, a number of Xapo’s clients have already…

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Blockchain 

Barclays Ends Partnership with Coinbase

Once hailed as the most prestigious banking relationship in crypto, Barclays (NYSE:BCS) has today decided that it is no longer working with Coinbase. The relationship between the London-based banking giant and the crypto exchange began in March last year as Coinbase sought to expand into Europe. The aim of the deal was to make it easier for businesses in the UK that handle cryptocurrency to gain access to banking services. Currently, three-quarters of UK businesses that deal with cryptocurrency are forced to look overseas for banking options as the majority…

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