bitcoin Bitcoin Research coinbase Cryptocurrency News Kim Kardashian 

Tipping Point: Bitcoin Google Searches Trump Kim Kardashian

Despite the 2018 U.S. congressional elections serving as a referendum on President Trump, more people searched for “Bitcoin” than the election results. Or Kim Kardashian. That’s according to research conducted by YouGov on behalf of Coinbase, which paints a surprisingly bright picture of the current state of cryptocurrency awareness. Bitcoin Awareness Is on The Rise According to the data, 2018 was the year when Bitcoin awareness approached the tipping point for the first time. As per the findings, 58% of Americans now say they’ve heard of Bitcoin. Meanwhile, more Google…

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51% Attack Altcoin News Bitcoin Cash coinbase Crypto 

Coinbase Sides With Bitcoin Cash (BCH) Miners on 51% Attack Smack

By CCN: Coinbase researchers have released their own investigative findings into the recent Bitcoin Cash 51% attack controversy, and their conclusions might upset many Bitcoin maximalists. When Bitcoin Cash came under attack during a scheduled hardfork in mid-May, a group of miners colluded to reverse the attacked blocks and return misappropriated funds to their rightful owners. The Bitcoin Cash camp came under heavy fire for this move by BTC supporters. But Friday’s blog post by Coinbase suggests the global cryptocurrency platform ultimately saw good sense in the decision. Bitcoin Cash…

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Binance bitcoin Bitcoin Exchange BitMEX coinbase Crypto 

Crypto Giant Coinbase Hints at First-Ever U.S. Bitcoin Margin Trading

By CCN: For years, the global bitcoin margin trading market has been dominated by BitMEX, which at one point reached a daily volume of $10 billion on May 12, a new record high for the company. Now, Coinbase and Binance are looking to enter the market. New record for BitMEX trading volume. Praise be to volatility and our wonderful traders! — Arthur Hayes (@CryptoHayes) May 12, 2019 The previous all-time high was reached in mid-2018 when BitMEX reached 1 million bitcoin in daily volume, equivalent to nearly $9 billion….

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Altcoin News Bitcoin Exchange coinbase Crypto Stablecoins Tether USDC usdt 

Coinbase Goes for Tether’s Throat, Catapults USD Coin Into 85 Countries

By CCN: Given the widely publicized troubles faced by Tether (USDT), there is a massive opportunity for a competitor to wade into the stablecoin arena. It appears that Coinbase will be that adversary, as the crypto exchange is taking the opportunity to double down on USDT’s problems and expand USD Coin (USDC) trading into 85 countries. USDT is the result of a collaboration between Coinbase and Jeremy Allaire’s Circle. According to the Coinbase website, the exchange does not support USDT. Coinbase Is Going All in With USDC Expansion It’s an…

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Bitcoin Exchange coinbase Crypto CryptoTaxPrep Node40 

Crypto Tax Firm Makes Half-Baked Bid to Drag Coinbase Through the Mud

Get Exclusive Analysis and Investing Ideas of Future Assets on Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. CCN received a “consumer warning” this morning from a crypto tax preparation firm. The warning outlines two aspects of crypto tax that the firm believes have been done wrong by…

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Bitcoin Exchange Brian Armstrong coinbase Crypto Hacking Team Neutrino Op-ed 

Coinbase CEO Admits ‘Diligence’ Failing, Boots Hacking Team Expats

Coinbase CEO Brian Armstrong has responded to criticisms about betraying the values of Bitcoin and crypto more broadly with its recent acquisition of Neutrino. Those Neutrino team members who previously worked at Hacking Team will “transition out of Coinbase,” the chief executive said late Monday. Hacking Team, one may recall, was a pioneer in selling hacking tools exploited by authoritarian governments to crack down on journalists and dissidents instead of criminals. Congrats to Coinbase on the acquisition of chain analysis startup Neutrino! FYI, the CEO, Giancarlo Russo, was ex-COO of…

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Bitcoin Wallets Brian Armstrong coinbase Crypto 

It’s Okay to Use Hot Wallets to Store Bitcoin

Brian Armstrong, CEO of $8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. Writing in Fortune, Armstrong clarifies – for a mainstream audience – the difference between hot and cold wallets. If the reader is unfamiliar with the concept, it’s pretty simple. A “hot” wallet is connected to the internet and capable of making immediate transactions. A “cold” wallet is secured offline, by definition, although there are degrees of coldness. A private key stored on an internet-connected device but…

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Bitcoin & Blockchain Investments Bitcoin Exchange coinbase Crypto HackingTeam Neutrino 

$8 Billion Coinbase Faces Backlash for Latest Acquisition

Bitcoin exchange giant Coinbase has acquired Chainalysis competitor Neutrino in an effort to enhance its compliance efforts and regulatory relationships. Neutrino uses blockchain analytics to identify potential money laundering or other illegal transactions on the blockchain. Until its acquisition, it was one of a few companies growing in the space of analyzing blockchains. Its work mainly benefits crypto exchanges, regulators, and other centralized powers. According to Coinbase, companies like Chainalysis, Whitestream, and Elementus are “necessary” in an “open financial system.” “Blockchain intelligence is increasingly important in the crypto ecosystem, and is…

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coinbase hamas 

Israeli NGO Threatens to Sue Coinbase for Enabling Hamas’ Bitcoin Donations

Cryptocurrency exchange Coinbase has been threatened with a lawsuit by an Israeli civil rights NGO Shurat HaDin (Israel Law Center) if it continues to allow Hamas to fundraise via its platform, The Jerusalem Post reports. Shurat HaDin now wants Coinbase to stop offering services to the Palestinian fundamentalist organization Hamas. The United States, where Coinbase is headquartered, views Hamas as a ‘Foreign Terrorist Organization’. The warning came in a letter sent to the cryptocurrency exchange by the NGO: It has recently come to our attention that the notorious Palestinian terrorist…

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bill gates coinbase Elon Musk facebook Op-ed Oxfam Tesla 

Bill Gates and Elon Musk Should Be Forced to Pay More in Taxes

Billionaires like Elon Musk would have to fork out a lot more in tax payments if Rep. Alexandria Ocasio-Cortez had her way in taxing the wealthy elite. REUTERS/Kyle Grillot Wealth equality has always been one of the major global macroeconomic objectives with various initiatives being recommended and employed by governments and multinational organizations to lessen the gap between the rich and the poor. However, no one seems to be asking the primary question: should the rich be taxed more? According to a recent report by charity organization Oxfam, the 26…

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