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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Blockchain 

Coinbase UK Drops Support for Zcash

It has yet to be disclosed as to why, but the UK arm of Coinbase is dropping support for Zcash (ZEC) cryptocurrency. The move has, understandably, rattled Zcash investors. Coinbase Drops Support for Zcash According to customers of Coinbase UK, the exchange is sending out letters telling traders to convert their ZEC holdings by August 26. Alternatively, traders are encouraged to export their coins to an external wallet. If they fail to do so, their ZEC balance will automatically convert to British pound sterling in their user accounts. As stated,…

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Blockchain 

Tezos Soars 30% After Coinbase Pro Announces XTG Listing

Despite the current troubles in the crypto space this month, new tokens are still being listed on some of the world’s leading cryptocurrency exchanges. As everyone knows, Coinbase is the world’s most popular and biggest crypto exchange, and Coinbase Pro is not far behind, which is why whenever a cryptocurrency is listed on one of those exchanges, it is a big event. Today, the hype surrounds Tezos (XTG). Major Development In a new development, Tezos has been listed on Coinbase Pro today, and as soon as the announcement was made,…

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Blockchain 

Coinbase Debit Card to be Available in Six More European Countries

In April, cryptocurrency exchange Coinbase launched its Visa Coinbase debit card in the UK. Coinbase has announced that, as of Wednesday, it will be launching the Visa debit card in France, Spain, Germany, the Netherlands, Italy, and Ireland. Coinbase Debit Card Showing Strong Adoption The debit card allows Coinbase account holders to use digital currencies such as Ethereum, Bitcoin, and Litecoin to pay for purchases in retail outlets and online for traders that accept Visa. Zeeshan Feroz, the Coinbase UK CEO, stated that the aim of the card is to…

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Blockchain 

Coinbase Announces Support for EOS

Coinbase has announced that from today, EOS will be supported by its custodial wallet. Coinbase users can now buy, sell, receive, convert, and store crypto on the platform as well as exchange it against fiat currencies that are supported. EOS is currently among the top cryptocurrencies, and it is ranked fifth largest in terms of circulation. EOS Now Available on Coinbase Wallet Coinbase tweeted that it is launching EOS on its website as well as in the Android and iOS Coinbase apps, so users will need to update their apps…

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