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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Bitcoin Exchange Brian Armstrong coinbase 

Coinbase is ‘Adding the Assets Our Customers Have Come to Demand’: Brian Armstrong

Coinbase probably had its best quarter so far, launching several products over the fourth quarter of 2018. The company which Lightspeed Venture Partner Semil Shah called  ‘The Breakout Company of 2017’ recently concluded its 12 Days of Coinbase which introduced features such as instant PayPal withdrawals, Coinbase Earn which is a modified version of (Coinbase acquired for $120 million in April 2018) $300 Million Series E fundraise The most notable undertaking is definitely the secure migration of over $5 Billion to an improvised cold storage solution. Apart from this, Coinbase…

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Bitcoin Price News coinbase ConsenSys custody Steemit 

‘It’s Not Surprising’ the Market Is Recovering Says Coinbase President Asiff Hirji

Not the Christmas run we expected, but bitcoin has continued to rise, despite a bearish run that saw prices crash from $5,000 to an all-time low of $3,200. Asiff Hirji President of U.S. crypto exchange Coinbase said the current recovery is not surprising and the run should continue into the next year. Speaking with CNBC’s Fast Money, Hirji was of the opinion that the market could go beyond its fundamentals, saying, sometimes “things are never as good as they seem and never as bad as they seem.” Bitcoin soaring this…

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Bitcoin Progress coinbase paypal 

US Coinbase Customers Can Make Instant, Free Crypto-To-Cash Transfers to PayPal

Coinbase — the largest US-based cryptocurrency exchange — partnered with payments platform PayPal to enable instant, free crypto-to-cash withdrawals for US customers. This means customers can now move the crypto balances in their Coinbase accounts to their PayPal accounts immediately, at no charge. “These withdrawals are not only fast; they’re free and incur no fees,” project manager Allen Osgood wrote on Coinbase’s blog. “Now, moving your cryptocurrency to cash is easier and more affordable than ever.” Facilitating an ‘Open Financial System’ Before, you needed an ACH (automated clearing house) or…

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