Tag: Coinbase

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US Bank Regulator: Dollars on Blockchain ‘Better Than Central Bank Monopoly on the Payments System’

Acting Comptroller of the Currency Brian Brooks points to existing stablecoin projects as an example for U.S. payments infrastructure. Brian Brooks, the Acting Comptroller of the Currency and former head of Coinbase’s legal department, put forward blockchain as better than the United States’ current bank-dependent payments system. Decentralization for future payments On July 29, Brooks…
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Coinbase CEO: Exchange Won’t List XMR Due to ‘Issue With Regulators’

Brian Armstrong says regulators would be “up in arms” with Monero listed on Coinbase, even as Binance and Kraken offer support for the token. Brian Armstrong says Coinbase won’t be listing privacy coins like Monero (XMR) as they’re still untested grounds for regulators in the United States. In a July 24 interview with Peter McCormack…
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Who’s Afraid of Security Tokens?: STO Ecosystem Starts to Deliver on 2018 Hype

Despite a number of choke points, development continues for both security tokens themselves and the market infrastructure to support them. The general hype circa 2018 proclaimed security tokens as crypto’s killer app. After Bitcoin fell from its $20,000 peak in December 2017, some of the more revolutionary promises of cryptocurrencies had lost their luster —…
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Second Lawsuit Filed Against Plaid

Another class action lawsuit against Plaid has been filed citing the company violated user data privacy. A new class action lawsuit complaint against fintech startup Plaid has been filed with more plaintiffs alleging the company violated the data privacy of users.  The new complaint filed on behalf of four new plaintiffs alleged that Plaid—which was…
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Twitter Promises Additional Security Measures

Twitter will add more security training to prevent a repeat of the hack that hit 130 accounts including celebrities. Twitter vows to add more security training and measures as the fallout from Wednesday’s wide-scale hack on the social platform continues.  Twitter said in a statement that it is continuing its investigation into the hack while…
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Report: Investors Are Dumping Compound Token as Soon as It Gets Listed

A report from Flipside Crypto contends that investors are dumping Compound tokens as soon as it gets listed on exchanges with the majority of the supply held by speculators. A report by Flipside Crypto states that investors are liquidating their Compound (COMP) holdings as soon as the opportunity presents itself; with major exchange listings acting…
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Twitter Hack Autopsy: Coinbase, Binance, BitGo May Know Hackers ID

The Twitter hackers left inconspicuous Bitcoin trails leading to and from major exchanges that should be able to uncover their identities. The hackers who conducted the massive Twitter hijacking on July 15 do not appear to be sophisticated Bitcoin (BTC) users, as they left trails leading to and from major exchanges that presumably hold the…
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Dogecoin Surges, Coinbase Rumors, Brave Legal Threats: Hodler’s Digest, July 6–12

Bitcoin has practically turned into a stablecoin, Dogecoin has experienced a huge resurgence in popularity, and Coinbase might be preparing to list on the stock market. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins,…
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Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies

Coinbase CEO says analytics platform is important to comply with AML rules and that only privacy coins can offer true privacy. Coinbase defended the licensing of its analytics software saying if people really wanted privacy, privacy coins were around. Coinbase CEO Brian Armstrong took to Twitter to talk about Coinbase Analytics and the company’s practice…
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Coinbase Listing News Fits With Bullish Mainstrem Market, Pomp Says

News of a potential Coinbase stock market listing comes amid current bullish mainstream market conditions. Amid a bullish mainstream market, news of Coinbase’s reported traditional stock market listing could prove timely alongside other companies similar public listing efforts.  “When good times are rollin in the stock market, people want to get in there,” Morgan Creek…
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