Tag: Coinbase

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Twitter’s Jack Dorsey takes aim at Coinbase’s apolitical stance

Twitter CEO Jack Dorsey has called out Coinbase for seeking to suppress political activism and suggesting employees who think differently should leave. Twitter CEO Jack Dorsey has taken major U.S. crypto exchange Coinbase to task over its open letter to employees published on Sep 28.  The letter, written by Coinbase CEO Brian Armstrong, explained why…
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Coinbase wallet users targeted by new Android malware

This alien doesn’t care about taking over the Earth, but it may steal your Bitcoins and dollars. A newly discovered trojan, known as Alien, is attacking crypto apps on Android phones, including Coinbase, Blockchain.com, and Luno. This new malware strain is based on the notorious Cerberus trojan, which wreaked havoc in the Google Play store until the…
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US banking regulator authorizes federal banks to hold reserves for stablecoins

Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators. Per an interpretive letter from the U.S. Office of the Comptroller of the Currency released on Monday, national banks will be free to hold reserve currencies for stablecoins. The new guidance reads, “We conclude that a national bank…
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The Uniswap effect is leading to 208% gains on average for certain tokens

And researchers suggest it’s surprisingly easy to predict, if you know what to look for. A report from crypto data provider, Cross Angle, claims that tokens which first gain traction on Uniswap have consistently provided 208% returns on average once listed by major centralized exchanges. In the past, much had been said about the “Coinbase effect”…
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Federal payments licensing push could boost crypto adoption

The Office of the Comptroller’s move to license payments firms at the federal level is receiving push-back from state regulators. Brian Brooks, Coinbase’s former chief legal officer and the current U.S. Comptroller of the Currency, is pushing to consolidate licensing regulations for payment companies at the federal level in the United States. Federal licensing for…
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Coinbase Custody users can now stake Solana

The Libra association member will enable secure Solana staking. Blockchain infrastructure provider Bison Trails has expanded its integration with Coinbase Custody to allow the staking of Solana tokens. In an Aug. 27 announcement, Bison Trails stated that Coinbase Custody users would be allowed to delegate Solana (SOL) tokens to Bison Trails’ enterprise-grade validators.  Bison Trails…
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Coinbase CEO Says Apple Still Hostile Toward Crypto

The fight for dApps on the App Store continues. Coinbase and Apple are still not getting along months after Coinbase warned customers it might remove an application from the Apple Store.  Coinbase CEO Brian Armstrong tweeted on August 22 that Apple continues to block some functionalities for cryptocurrencies, including being able to earn money and…
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Swipe Is the Latest Project to Integrate Chainlink’s Price Oracles

The rising price of Link will not deter Swipe’s march to decentralization. Swipe wallet and crypto debit card platform has integrated Chainlink (LINK) data oracles to improve the accuracy of reward issuance and token burns.  Swipe CEO Joselito Lizarondo said Chainlink’s decentralized price feeds will provide more accurate and fair token conversion prices for users…
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Do You Know The Most Valuable Blockchain Companies?

Ripple ranks the highest amongst companies in the Blockchain sector according to the latest annual ranking from Hurun. Research firm Hurun published a list of global unicorns, or companies worth more than a billion dollars, in 2020. This ranking features all billion-dollar tech startups founded in the 21st century that are not listed yet listed…
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Twitter Hack Shows That Crypto Is Easier to Investigate Than Fiat, Say Industry Law Experts

A panel of compliance experts from the crypto industry agreed that law enforcement and institutional finance have been hearing more positive narratives about crypto. During an Aug. 4 panel on legal compliance within the cryptocurrency industry, major figures noted recent shifts in public perception of the industry, pointing to arrests within weeks of the Twitter…
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