Coinbase Unveils New Layout In Response to Circle Bitcoin Bank Launch
After Circle opened to the public, the topic on everyone's mind was how simple it looked to use. With the process of acquiring and sending Bitcoin being highly complex and confusing, Circle found a way to make everything look clean, smooth and user-friendly. In response, Coinbase unveiled their new look and interface featuring a more simplified version of their more-established Bitcoin business. On their official blog, Coinbase said: "We recently rolled out an update to our merchant tools, which are used by over 36,000 businesses to accept bitcoin payments. Our new payment pages are....
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Coinbase aims to supplant payment processors like MasterCard and Visa, CEO Brian Armstrong told the Wall Street Journal. As Armstrong hints at in the interview, altering current payment processing methods would be a huge boon to bank consumers around the world. Armstrong claims that credit card processing fees amount to $500 billion. Bitcoin will slim that number down to $50 billion. I wasn't able to verify that number with Google, but the point is that many experts estimate that Bitcoin could cut transaction costs and other fees to about 10% of whatever it currently is. MasterCard and....
Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds.
Coinbase Plans to Issue $1.5 Billion in Bonds
Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer, subject to market conditions and other factors, $1.5 billion aggregate principal amount of its Senior Notes due 2028 and 2031 in a private offering.”
The company explained that the notes “will be fully and unconditionally guaranteed by Coinbase Inc.” and....
Coinbase founders Fred Ehrsam and Brian Armstrong conducted a video question and answer session today this evening, and new information revealed by the two indicates that some changes when it comes to fees charged to users are in the works, among other things. When it comes to that pesky $0.15 ACH/bank fee assessed to buys and sells, it's gone. However, the one percent fee charged in addition to said $0.15 fee will still be charged to the customer. Thankfully, Coinbase might reduce that percentage further some time in the future. The move likely comes with pressure from Coinbase's....
For many months now, Bitcoiners have been wondering exactly what services Circle would offer to the fledging Digital Currency community. Since 2013, Circle has been notoriously tight-lipped on the specifics of its operation. Some in the community even went as far as to compare Circle to vaporware. Today, all the speculation is laid to rest. Early 5/16/14, CircleCEO Jeremy Allaire took to Circle's blog to reveal “What We Have Been Up to at Circle.” Circle launches its product today to increase the utility value of Bitcoin by reducing friction. Circle is the first worldwide Bitcoin Bank....
Coinbase has launched its redesigned Android and iOS mobile apps, allowing users to instantly buy and sell bitcoin in 19 countries. The California-based bitcoin services provider indicates that both apps have been rebuilt "from the ground up" on the latest versions of both platforms. In addition to the updated buy and sell functionality, Coinbase users can request bitcoin from other users using a bitcoin address, email or QR code; shop with merchants who accept bitcoin; and access their full Coinbase account and transaction history. Further, Coinbase indicated that the apps come with....