Category: Coinbase
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Slow but steady wins the race: Coinbase to add batched Bitcoin transactions
The recent spike in bitcoin prices and the skyrocketing number of daily outputs has had a direct impact on the transaction fees and the congestion of the mempool. Despite the different solutions that have been implemented to address these issues, some of the most important cryptocurrency exchanges in the industry have failed to implement them.…
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How to Use a Physical Security Key to Safeguard Your Exchange Account
If you are keeping funds on a cryptocurrency platform such as a centralized exchange it is highly advisable you make sure your accounts are as safe as possible. Using a physical security key can greatly help with this as well as safeguarding other private services such as email and cloud storage. Also Read: Israeli Supreme…
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Coinbase President Asiff Hirji is second executive to leave firm this month
Asiff Hirji, Coinbase’s president and chief operating officer is leaving the exchange, the second high-profile departure in a month. Hirji’s departure is the latest in a string of executive-level officers to leave Coinbase in 2019. He follows hot on the heels of chief technology officer Balaji Srinivasan, who left at the start of the month,…
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Worldwide crypto acceptance is within reach thanks to Coinbase Commerce’s USDC stablecoin integration
Crypto as a method of payment has just gotten easier. Coinbase Commerce has expanded to include USD Coin as a settlement option, allowing merchants to accept crypto without transaction fees, chargebacks, or price volatility. Coinbase Commerce, an app launched last year to facilitate merchant payments, now accepts Coinbase’s native USD Coin (USDC). The stablecoin was…
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Crypto Heresy: Question Blockstream on Twitter and You’ll Be Blocked
Crypto Twitter (CT) is a grueling battleground between digital currency enthusiasts, company executives, maximalists, journalists, lawyers, and so-called thought leaders and luminaries. For instance, on May 8, reporter Larry Cermak posted data concerning Blockstream and its sidechain project Liquid’s performance over the last seven months. After Cermak shared unbiased figures and queried an alleged conflict…
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Coinbase’s Balaji Srinivasan leaves after one year as CTO
Balaji Srinivasan appears to be leaving Coinbase after serving one year as chief technology officer. In a tweet on May 3rd, Balaji Srinivasan announced he “taking a bit of time off” from his role as CTO at Coinbase. That said, the content of his announcement appears to indicate he is leaving Coinbase. 2/2 Coinbase was…
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Bitcoin marketcap rockets past $100 billion: will $6,400 confirm bull market?
In the past 24 hours, the bitcoin price spiked from around $5,374 to $5,778 on regulated fiat crypto exchanges like Coinbase in the U.S., surging past $5,800 in several other markets. The 5 percent upside movement of bitcoin led the market capitalization of the dominant crypto asset to surpass the monumental $100 billion mark. Bitcoin’s…
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There’s a new ‘Coinbase effect’—the Binance Chain pump
Binance has set its sights on usurping Ethereum with its new protocol blockchain. Since its launch, Binance Chain has attracted coins away from competitors, pumping the value of coins that switch. Could the “Binance Chain effect” be the new Coinbase effect? Since its announcement in 2018, Binance Chain has been one of the most highly anticipated projects in…
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Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter
Over the last few weeks, bitcoin cash (BCH) and the network itself have been shining brightly after a year of bearish sentiment and the blockchain split last November. Most notably, this month BCH has shown a significant increase in daily transactions, the price has doubled, and today the network has produced the second highest value…
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Manipulation rampant on decentralized crypto exchanges says latest research
Multiple cases of “Flash Boys” type automated trading bots have been found working on decentralized exchanges. According to researchers from Cornell Tech, the aggressive market strategies employed by these bots enable manipulative practices that could significantly damage ordinary trading. Cornell Tech Research Paper Discovers Manipulative Trading Practices on Decentralized Exchanges While decentralized exchanges have been…