Coinbase Hits One Million Consumer Wallets
San Francisco-based Coinbase, a bitcoin brokerage, has reached another milestone today. There are now over 1,000,000 consumer wallets set up on the service. The information comes from the company's 'About' page, and it should be noted that the company has not made a formal announcement (yet). On February 14th, we published an article that noted the company was fast approaching 1 million consumer wallets. At that time, the count was about 950,000. One week earlier, there were 890,000 account set up - and increase of 30,000 accounts in the matter of seven days. Coinbase's tremendous growth....
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San Francisco-based Coinbase is growing up fast! Launched in June 2012, the company gained tremendous amounts of attention last year when the price of bitcoin started to climb more rapidly than most of us would have predicted. And it shows in the numbers. According to the company's About page, about 950,000 online consumer bitcoin wallets have been set up on the service. A snapshot from the Internet Archive's Wayback Machine dated February 7th, 2013 shows a count of 920,000 consumer wallets. That would suggest that 30,000 wallet accounts have been set up in the last week alone. Going back....
San Francisco-based Coinbase is making the news again, and this time it's with a milestone. The company - which allows consumers to easily buy and sell bitcoin - in addition to providing merchant services, has apparently reached 1.5 million consumers wallets. That's according to the company's About page, which is seemingly updated frequently (by our observation, changes to the page are made every 1-2 weeks). The company's last milestone on this front was in late February, when it was announced that they had reached one million consumer wallets, so it's taken a few months to amass a....
Coinbase has secured $25 million in funding from Andreessen Horowitz. The venture capital firm headquartered in Menlo Park, California was founded by Marc Andreesen and Ben Horwitz. Obviously enamored by the "Neon Sign", these gentlemen are putting their money where their heart is. As anyone in Silicon Valley will tell you, when Andreessen Horowitz get on a train, heads turn. From the Coinbase Blog: Coinbase Raises $25 Million From Andreessen Horowitz. On August 1st, Coinbase reached a milestone of 200,000 users. That was quickly followed in mid-October by the news that we had reached....
Bitcoin, a digital currency once described by critics as unusable, unreliable and even a scam, has defied those remarks as it becomes accepted by a company maintaining over 14 million subscribers and employing 34,000 workers. DISH executive vice president and chief operating officer, Bernie Han, said beginning in July the satellite TV company will accept digital coins through the payment processor, Coinbase. Coinbase is a bitcoin consumer wallet and merchant payment processor that powers 1.3 million consumer wallets, and supports 31,000 merchants. The payment processor, Coinbase, will....
San Francisco-based bitcoin wallet provider Coinbase has revealed that it officially passed 1 million wallet downloads on 27th February, a major milestone in the lifecycle of the less than two-year-old company. Founded in June 2012, Coinbase is the second most downloaded consumer bitcoin wallet behind rival Blockchain, which passed its 1 million wallet mark in January. But, that doesn't make Coinbase's numbers any less impressive. At the beginning of 2013, Coinbase had facilitated just 13,000 wallet downloads, meaning it saw more than 7,000% growth over the course of 2013. Further, the....