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Coinbase Custody Acquires Xapo, Sees $7 Billion Growth


Today, Coinbase Custody has announced that it has completed the acquisition of Xapo’s institutional businesses. Coinbase Custody has acquired 55 Million U.S. Dollars, Xapo’s institutional business. The platform was in stiff competition with major investment company- Fidelity, who was also...

Coinbase to ‘Store 5% of all the BTC in the World’ Following Xapo Deal


Brian Armstrong, CEO of Coinbase. Major American cryptocurrency exchange and wallet Coinbase has bought the custody interests of Xapo, a company famous for stashing its rich clients’ crypto holdings in a secret Swiss former military bunker, located underneath a mountain. Coinbase paid USD...

This Might be the Real Reason Why Coinbase UK Delisted Zcash


The UK branch of major American cryptocurrency exchange Coinbase had to change its bank and a new partner is reportedly not willing to indirectly support privacy coins, such as Zcash (ZEC). For unknown reasons, Barclays, the UK-based major bank, is no longer working with Coinbase, while...

Twitter Crypto Scammers Continue to Fly Under the Company’s Radar 


Over the last two years, cryptocurrency scamming on social media has been prevalent. In January 2019, it was reported that crypto impersonation scams on Twitter raked in millions in cryptocurrencies from people pretending to be well known blockchain personalities. Now a new form of deception can...

Coinbase UK Ditches Zcash, Founder Insists Coin is Compliant


The UK-based branch of popular American crypto exchange Coinbase is de-listing Zcash (ZEC) from its trading platform, an email sent out to clients late last week revealed. According to the email, the privacy-focused cryptocurrency will be removed effective August 26, 2019. All clients are asked...

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