If you’ve been in the crypto sphere for a while now, then you can relate to how hard it is to keep up with all the updates and developments. This is because the crypto space moves at hyper-speed and comes with so many changes one needs to adapt to just as quickly. Books about cryptocurrencies...Read More
By Michael Lodder Zero-Knowledge proofs (ZKPs) are an increasingly popular means of enhancing privacy both in identity and cryptocurrency. The initial zero-knowledge proof ideas were first published in the 1980’s which at the time were dismissed as cryptography that wouldn’t go anywhere. Around that time, David Chaum pioneered the idea of enabling zero knowledge electronic...Read More
By Don Yu Coinbase was not targeted by any of the attack transactions and lost no funds At 10:57 PM PST 7/31/2020, Ethereum Classic (ETC) was 51% attacked resulting in ~800,000 ETC (~$5.8 million) of double spend transactions. At 8:15PM PST 8/5/2020, Ethereum Classic was 51% attacked again resulting in ~460,000 ETC (~$3.2 million) of...Read More
By Dan Frank At Coinbase we pride ourselves in Efficient Execution. In software engineering, a common manifestation of this principle is DRY — don’t repeat yourself. For example, we might consolidate logic into a single service or library. But I’m a Data Scientist on our Data Team where our core role is to help derive...Read More
How to pass the most trusted cryptocurrency platform’s security guidelines for ERC-20 tokens By Nadir Akhtar TL;DR: The ERC-20 standard has become a popular way to create digital assets and assign protocol voting rights on the Ethereum blockchain. When evaluating an ERC-20 token for listing, Coinbase performs a security assessment looking primarily for these four...Read More
On Monday, August 17, transfer NMR into your Coinbase Pro account ahead of trading. Support for NMR will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Per previous launches, transfers will open during business hours, Pacific time. One of the most common requests we receive from customers is to...Read More
How batching payments has benefited our customers, internal operations, and the overall Bitcoin network By Brock Miller Earlier this year, Coinbase rolled out Bitcoin transaction batching. Since launching, we have batched 100% of Coinbase Consumer and Coinbase Pro customer send requests for Bitcoin. Over this time, we’ve realized 75.2% savings in transaction fees and have...Read More
By Brian Armstrong, CEO and Co-Founder As a company of builders, few things are more important than finding experienced, passionate engineers that can help guide Coinbase and our employees through the next phase of company growth. That’s why I’m excited to share today that Manish Gupta is joining Coinbase as our new EVP of Engineering....Read More
By Surojit Chatterjee, Chief Product Officer Today we are announcing that Greg Tusar is joining Coinbase as VP of Institutional Products. Greg joins us as part of our recently announced acquisition of Tagomi, a company he co-founded and where he went on to serve as chief technology officer. Greg brings more than three decades of...Read More
Coinbase is an exciting and unique company and as we continue growing, it’s important that we create a strong culture. A few years ago, I wrote in the Coinbase culture doc: Hire buildersWe hire people who are passionate about creating new products with technology. We look for entrepreneurs who are comfortable with ambiguity. We prefer...Read More
Coinbase Around the Block, sheds light on key issues in the crypto space. In this edition, Justin Mart explores the rapidly evolving DeFi landscape and the emergence of “yield farming”, as well as other notable news in the space. DeFi and the Yield Farming Phenomenon DeFi protocols exploded in all metrics over the last month,...Read More
By Pete Kim At Coinbase, our mission is to build an open financial system. We strongly believe that increasing economic freedom will make the world a better place. Decentralized Finance, or DeFi for short — an open, borderless, and programmable version of finance — is an inseparable part of that vision. Smart Contracts DeFi is...Read More
On Tuesday, July 21, Coinbase Pro will add support for new order books for Algorand (ALGO), Chainlink (LINK), XRP (XRP) Tezos (XTZ). The new pairs will be: ALGO-EUR, ALGO-GBP, LINK-EUR, LINK-GBP, XRP-GBP and XTZ-EUR, XTZ-GBP. These order books will be available in Coinbase’s supported jurisdictions outside of the United States, where relevant payment methods are...Read More
Today we’re proud to announce that 21Shares AG has chosen Coinbase Custody to store its digital assets for its Bitcoin ETP. 21Shares AG is listing its 21Shares Bitcoin ETP (ISIN: CH0454664001 — WKN A2T64E) on the Deutsche Börse’s Xetra electronic venue on Thursday July 2nd 2020. Coinbase Custody will serve as custodian for the underlying...Read More
Derivatives exchange Bybit has introduced a fiat onramp, enabling users on the platform to buy cryptocurrency using traditional payment methods. It is the latest upgrade to the Singapore-based exchange, which celebrated its two-year anniversary this past March. A Major Milestone on the Roadmap By adding fiat integration, Bybit brings itself level with competitors like OKEx...Read More
Bitcoin Cash proponents have been introduced to a new project built using the Simple Ledger Protocol (SLP) framework called mistcoin (MIST). The new token is essentially the first mineable implementation of colored coins on Bitcoin Cash. Mist allows participants to mine the SLP tokens “using proof-of-work to help decentralize allocation of newly minted tokens.” It...Read More
By Surojit Chatterjee, Chief Product Officer At Coinbase, we believe a thriving and open ecosystem is necessary for the promise of crypto to be realized, ultimately leading to our vision of more economic freedom for the world. As early as 2016, the Coinbase Secret Master Plan stated our commitment to the open source communities around crypto...Read More
Cryptocurrencies such as Bitcoin and Ethereum were not entirely familiar to the public until recent times. They were instead relegated to the world of online trading and similar investment opportunities. However, the growth of these digital mediums cannot be denied. This is one of the reasons why they are now being accepted by numerous online...Read More
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication, the cryptocurrency market capitalization...Read More
China will always remain a controversial country when it comes to handling cryptocurrencies. This is primarily due to all of the illicit activities taking place within its borders. In a new crackdown against illegal crypto money streams, the Chinese government has taken a different approach. China Targets Crypto Bank Accounts Rather than collecting data for...Read More
Instantly add cash to your Crypto Dispensers account with Green Dot @ the Register Chicago, IL – Virtual Assets, LLC is pleased to announce that it has entered into an agreement with Green Dot Corporation (NYSE:GDOT) to enable customers to purchase cryptocurrency with cash. This new service leverages Green Dot’s mobile and web-enabled barcode generation...Read More
Comparing different cryptocurrencies is often a futile task. Even so, many enthusiasts pay close attention to the Bitcoin Dominance Index, which continues to drift lower week over week. For some time now, Bitcoin has been losing dominance over the altcoin markets. Bitcoin Dominance Index is Slipping Again While the slippage remains relatively limited overall, it...Read More
China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in Yunnan have been threatened by local authorities. Sources say a hydropower station discharge sparked a...Read More
Switzerland, 4th June 2020. Swiss-based crypto platform Eidoo is upgrading its native utility token into a governance token that will power a new cross-chain DAO. In a collaborative decision by Eidoo and pTokens, the $EDO token will be upgraded into $PNT later this month so that it can be used, staked and earn interest within...Read More
Cryptocurrency exchanges are often centralized, ensuring that users are never in control of their own holdings. New solutions need to be found, and it appears that NebliDex has some ideas as to how the future of trading should look. Putting users in full control of their assets is a core aspect of cryptocurrency. For some...Read More
During the last six days, America has been feeling the wrath of a myriad of protests and riots in nearly every major city across the nation. The U.S. is experiencing an uprising like never before, but some of the protests and demonstrations could be more peaceful. Acts like not voting for the political class, and...Read More
In mid-May, news.Bitcoin.com reported on one of our mining pool videos being censored and banned from the video-sharing platform Youtube. The report had shown how Youtube has been censoring videos for a long time now, and the CEO specifically told the public certain coronavirus films would be removed. Youtube’s censorship has caused a number of...Read More
On Monday, June 8, transfer MKR into your Coinbase Pro account ahead of trading. Support for MKR will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Per previous launches, transfers will open during business hours, Pacific time. On Monday, June 8, we will begin accepting inbound transfers of MKR to...Read More
You can now top up your balance as you are sending crypto By Paul Katsen, Product Manager Today we’re announcing three improvements to help customers send crypto more easily, confidently, and efficiently. Easily top up your balance as you send If you don’t have enough crypto to complete a send, you can now top up your balance right...Read More
The acquisition will cap off a period of strong institutional focus for Coinbase, and comes at a time when the world’s most recognized professional investors and funds are giving increasing attention to the asset class. Over the past eight years, Coinbase has built one of the most trusted names in crypto by providing clients with industry-leading...Read More
