Tag: Coinbase

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Coinbase follows FTX and Binance in launching NFT marketplace

With 68 million verified users and 8.8 million monthly active users as of Q2 2021, Coinbase’s entry to the NFT industry could provide competition for established marketplaces like OpenSea. Major crypto exchange Coinbase has announced it will be opening a waitlist for a nonfungible marketplace it plans to launch later this year. In an Oct.…
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Coinbase Launching NFT Marketplace With Social Features to Grow Creator Community ‘Exponentially’

Cryptocurrency exchange Coinbase is launching a peer-to-peer marketplace for non-fungible tokens (NFTs). The Nasdaq-listed company says that “Coinbase NFT” will make “minting, purchasing, showcasing, and discovering NFTs easier than ever.” In addition, Coinbase says, “We’re going to grow the creator community exponentially, a win for artists and for fans.” Coinbase NFT to Help Grow Creator…
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Meme Crypto Shiba Inu Skyrockets — SHIB Climbs 230% in a Week, Whale Buys 6 Trillion Tokens

The cryptocurrency shiba inu has managed to capture the 18th position in terms of crypto market valuations. The token has gained 230% during the last seven days and year-to-date, SHIB has gained a whopping 24,177,682%. SHIB’s Value Swells After Whale Buys $43 Million Worth of Tokens The popular meme-based crypto-asset shiba inu (SHIB) has seen…
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Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

SHIB’s 400% rally brings attention back to dog-themed meme tokens and it could be a sign that DOGE is on the verge of an equal-sized breakout. Meme coins were some of the earliest breakout stars at the start of this year’s bull run and big-name influencers like Elon Musk and Mark Cuban helped to stoke…
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Coinbase Meeting With US Lawmakers to Discuss Crypto Regulatory Proposal

The Nasdaq-listed crypto exchange Coinbase has been meeting with members of Congress to discuss the cryptocurrency regulation it plans to propose, according to CEO Brian Armstrong. In addition, the company has met with more than 30 crypto firms, four major law firms, and three trade groups about its crypto proposal. Coinbase Meeting Congress Members and…
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Coinbase Reveals Massive Hack of User Accounts: Over 6,000 Customers Lost Funds

The Nasdaq-listed cryptocurrency exchange Coinbase has disclosed that at least 6,000 users were victims of a hacking campaign to gain unauthorized access to the accounts of Coinbase customers. The hackers also took advantage of a flaw in Coinbase’s SMS Account Recovery process to gain access to user accounts. Cryptocurrencies of at Least 6,000 Coinbase Customers…
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Hackers exploit MFA flaw to steal from 6,000 Coinbase customers — Report

Malicious actors reportedly took advantage of Coinbase’s SMS account recovery process to gain access to user funds. Cryptocurrency exchange Coinbase has reportedly suffered another security breach after attackers were able to bypass the company’s multi-factor authentication, or MFA, feature in a coordinated campaign earlier this year.  The attackers stole cryptocurrency from 6,000 accounts, though the…
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Coinbase to Add Direct Deposit Feature — US Paychecks Can Soon Be Converted to Crypto

On September 27, the digital currency firm Coinbase announced that U.S. customers will soon be able to directly deposit their paycheck into their Coinbase accounts. With the new direct deposit feature, Coinbase customers can leverage their funds to make investments, generate yield, or add value to their Coinbase prepaid debit card. US Coinbase Customers Will…
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China’s Great Firewall Censors Crypto Websites Coingecko, Coinmarketcap, Tradingview

On September 28, reports stemming from social media and crypto-focused forums detailed that China has been blocking a number of cryptocurrency websites. The Twitter handle for 8btc News tweeted that the web portals coinmarketcap.com and coingecko.com have been blocked from mainland China. The ‘Great Firewall,’ as it is often called, has also blocked a number…
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Coinbase users can choose to deposit paychecks directly to accounts

Customers will have the option to deposit “as much or as little” of their paychecks as they want in the feature rolling out in the next few weeks. Coinbase will soon allow United States businesses to deposit employees’ paychecks directly into accounts at the cryptocurrency exchange. In a Monday blog post, Coinbase senior director of…
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