Category: Coinbase

Facebook’s David Marcus Quits Coinbase to Avoid ‘Appearance’ of Conflict of Interest

Facebook executive David Marcus will no longer serve on the board of U.S. exchange Coinbase to avoid “appearance” of a conflict of interest

August 11, 2018
Something’s Brewing at Facebook’s Cryptocurrency Division

It’s not entirely clear what exactly is going on in Facebook’s nascent cryptocurrency division, but several reports suggest that something is afoot. Facebook Meets with Cryptocurrency Project Stellar The first comes from Business Insider, who reports that Facebook’s blockchain research group recently met with Stellar to discuss how the social media conglomerate could leverage distributed…

August 10, 2018
Facebook's Marcus Steps Down From Coinbase Board

David Marcus is stepping down from the board of directors at crypto exchange Coinbase, citing his new role at Facebook leading blockchain strategy.

August 10, 2018
Markets Update: Crypto-Prices Slide After SEC Announcement

Cryptocurrencies are dropping in value once again on Wednesday, August 8 as most of the top digital assets are down between 9 to 18 percent over the last 24 hours. Prices started dropping yesterday after the U.S. Securities and Exchange Commission (SEC) extended the Cboe exchange-traded fund decision. Immediately after the announcement, bitcoin core (BTC)…

August 8, 2018
The Daily: Coinbase Increases Trading Limits, ABCC Opens in Malta, Omniex Hires Former Regulators

On Wednesday, The Daily features a couple of announcements from Coinbase: the US crypto exchange enables instant purchasing with increased daily trading limits and is now accepting ETC deposits on its Coinbase Pro platform. We’ve also covered the opening of ABCC’s European headquarters in Malta and Omniex’s decision to appoint two former regulators as advisors.…

August 8, 2018
Another Major Investment Firm Says Bitcoin ETF Not Likely in 2018

Canaccord, the biggest investment firm in Canada, has said that the approval of a Bitcoin exchange-traded fund (ETF) is highly unlikely in 2018. In an official report entitled “Blockchain and Digital Assets: US Equity Research” Canaccord researchers Michael Graham and Scott Suh wrote: “And although the VanEck SolidX Bitcoin Trust, seen by many as the…

August 7, 2018
Coinbase Begins Taking Ethereum Classic Deposits, Raises Buy Limit to $25,000

It’s been a tough week for most cryptocurrency investors, as the groundbreaking news that the world’s largest stock exchange operator is launching a bitcoin market failed to translate into bullish price movement. For ethereum classic supporters, however, the week could not have gone much better. Coinbase Pro Begins Taking Ethereum Classic Deposits Over the past…

August 7, 2018
Coinbase Is Boosting Its Crypto Buying Limit to $25K a Day

Cryptocurrency exchange Coinbase announced it was opening instant trades and increased trading limits Tuesday.

August 7, 2018
Decentralized Apps Might Be the Future but They’re Not the Present

To their proponents, dapps – decentralized applications – are the future of internet. To their critics, they’re multi-million dollar sinkholes, with huge development costs, poor UI, and no users. Are dapps like Augur and IDEX early test cases for the web to come, or impractical experiments that are destined to fail? Also read: Bitcoin ATMs Now…

August 7, 2018
Barclays Denies Crypto Products as Staff Removes ‘Digital Asset Project’ LinkedIn Info

Media attention sees Barclays appear to cover up crypto involvement, as two employees delete information from LinkedIn about a digital assets project at the bank

August 7, 2018