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FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion
21.7.2021
FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence. FTX Closes Largest Capital Raise...
ETH developer Virgil Griffith back in jail after allegedly checking Coinbase account
21.7.2021
Griffith will likely spend the next two months in jail before his trial in September
Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
20.7.2021
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre...
Dogecoin Fan Sues Coinbase For 'Tricking' Him Into Providing Liquidity
20.7.2021
A Dogecoin (DOGE) fan sued the leading US crypto exchange Coinbase for allegedly “misleading” sweepstake ad campaign. The class action complaint seeks USD 5m in damages on the behalf of the plaintiff and other allegedly deceived Coinbase users.
David Suski, Coinbase user behind the complaint...
Coinbase sued over Dogecoin Sweepstake ad Campaign
19.7.2021
Plaintiff alleges “deceptive ad campaign” cost Coinbase users millions of dollars
Coinbase CEO Rebuffs Dogecoin Co-Founder Statements: ‘Crypto Is an Alternative for People Who Want More Freedom’
19.7.2021
Brian Armstrong, CEO of Coinbase, took to Twitter to tell his thoughts about the statements that Jackson Palmer, co-founder of Dogecoin, expressed last week. While Palmer now has a negative vision of the cryptocurrency industry, Armstrong is in the opposite field. To Armstrong, the cryptocurrency...
Crypto offers more freedom, Coinbase CEO responds to DOGE creator
16.7.2021
Crypto is a “much-needed breath of fresh air” for those who believe that state solutions are often “inefficient, overpromise or underdeliver,” Brian Armstrong said
Coinbase Pro Introduces MASK and RLY Networks
15.7.2021
In a recent turn of events, Coinbase Pro presents traders with lucrative offerings of Mask Network (MASK) and Rally (RLY) for their accounts. Clients of the trading platform will be permitted to exchange the network’s assets before the trading pursuits begin. From the launch date of July...
Coinbase Actively Building Crypto Hub in India, Looking to Hire ‘Hundreds’ of People
6.7.2021
The Nasdaq-listed cryptocurrency exchange Coinbase is actively building a cryptocurrency hub in India. The company says it has “ambitious plans” for the South Asian crypto hub and is looking to hire for many positions, including hundreds of engineers. Coinbase Has ‘Ambitious...
Brian Armstrong Meets With Fed Chair Jerome Powell – ‘US Needs to Be a Major Crypto Player to Stay Relevant’
4.7.2021
According to Jerome Powell’s conference calendar, the CEO of Coinbase, Brian Armstrong, met with the Federal Reserve chairman and former House of Representatives Speaker Paul Ryan to speak about the implications of digital currencies. The meeting’s details are unclear but most of...
‘Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase: Hodler’s Digest, June 27–July 3
3.7.2021
Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May
2.7.2021
Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to U.S. reserve currency status long term."
Strike Issues a Live-or-Die No-Fee 'Challenge' to Coinbase, CashApp, Venmo
2.7.2021
Jack Mallers. Source: Twitter/@JackMallers
Strike, a bitcoin (BTC) banking service by the US-based Bitcoin Lightning startup Zap, about to enable their users to buy BTC on its platform with no added fees - which would make a major difference in paying for transactions when compared to crypto...
Strike to offer ‘no fee’ Bitcoin trading, taking aim at Coinbase and Square
2.7.2021
Jack Mallers takes on Coinbase and its “asinine” trading fees
Coinbase to Launch Apple-Like Crypto App Store
30.6.2021
Cryptocurrency exchange Coinbase has unveiled its plan to build “the crypto app store,” inspired by how Apple Inc. built its app store. CEO Brian Armstrong said: “Apple didn’t attempt to build every app for the iPhone, it empowered developers and gave mobile users an easy...
Coinbase Launches High Yield USDC Accounts With 4% APY
30.6.2021
Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts. Coinbase Reveals USDC Savings Program With...
Coinbase reveals plans for crypto app store amid global refocus
30.6.2021
Coinbase is looking to bolster its global presence, announcing it will focus on launching new products “in most countries by default” moving forward, including a crypto app store
Coinbase will pay users 4% interest on USDC holdings
29.6.2021
The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June
Coinbase Approved to Enter German Cryptocurrency Market
29.6.2021
Cryptocurrency exchange Coinbase has obtained approval from Germany’s financial regulator, Bafin, to provide cryptocurrency trading and custody services. Coinbase Germany will launch in the coming weeks. Coinbase, a Nasdaq-listed company, announced Monday that it has secured a cryptocurrency...
Germany’s financial watchdog approves crypto custody license for Coinbase
28.6.2021
Since January 2020, all crypto firms operating in the German market have required BaFin approval