Category: Coinbase
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The Number of Cryptocurrency Wallets Is Growing Exponentially
Wallets are a necessity for cryptocurrency users and their creation is a strong indication of how fast the popularity of decentralized digital money grows. The number of crypto wallets and their users has been increasing rapidly since the creation of Bitcoin. Spikes usually coincide with rising cryptocurrency prices during bullish periods, but it’s worth noting…
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Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption
Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant Line is adding an FSA-approved crypto exchange to its hugely popular chat app,…
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Bitcoin’s Early Days: How Crypto’s Past Is Much Different Than the Present
Over the last 24 hours, cryptocurrency enthusiasts have been discussing a transaction that saw 94,000 BTC sent to an unknown wallet. The hoopla over the large transaction shows how things have changed significantly over the last decade. Back in cryptocurrency’s early days, between 2010-2012, large bitcoin transactions like this weren’t such a big deal and…
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No-deal Brexit will force Coinbase to move its European accounts
Coinbase, one of the most popular cryptocurrency exchanges in the world, will be forced to transfer all of the European accounts on their platform to another entity within the EU. In an email sent to its European users, the exchange said that a no-deal Brexit will prevent the company from providing e-money services to its…
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Agorism and Bitcoin: Free People Don’t Ask Maxine Waters for Permission
Anti-agorism Congressional Representative Maxine Waters still has misgivings about Facebook’s proposed Libra digital currency, even after meeting with Swiss government officials to discuss the tech last week. The sustained reservations echo the message of July’s open letter from the House of Representatives to Facebook, calling for a halt on Libra’s ongoing development. While many view…
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‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency. Though the promised guidelines for reporting still…
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Are Coinbase and IDEX teaming up to take on Binance in the U.S.?
Top crypto exchange Coinbase has added support for IDEX on its official wallet, allowing its customers to trade hundreds of new cryptocurrencies on the third-party “hybrid decentralized” exchange. The move comes months before the purported launch of Binance U.S., the regulatory compliant, North American arm of retail exchange giant, Binance. As previously reported by CryptoSlate,…
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Coinbase’s WalletLink enables dApp access on desktop browsers
Coinbase’s newly launched decentralized web feature will enable users to access dapps on any desktop browser. WalletLink will securely link users’ Coinbase Wallet apps with their desktop browser, while keeping their funds safe, according to a press release. Coinbase Wallet experience no longer limited to mobile devices The largest cryptocurrency exchanges in the U.S., Coinbase,…
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The New Bitcoin Banks Are Here
[youtube https://www.youtube.com/watch?v=mBUnt6Sp21I&w=560&h=349] A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from…
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How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more than $7 billion under custody. Also Read: Hong Kong Protest Leader Hopes to…