Coinbase Founders Outline Small Fee Change During Q&A
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....
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The founders of Bitcoin startup Coinbase, Brian Armstrong and Fred Ehrsam, are on a mission possible. Their mission is to spread Bitcoin use to the masses around the world. It is their mission to convince the masses that Bitcoin is not some left-wing plot to bring down governments. It is their mission to end the perception that Bitcoin is a scam. It is also their mission to educate everyone that it may perhaps become the most singular invention of the 21st century. Indeed, one bit step and a giant leap for mankind. Also read "Coinbase also offers In-App Bitcoin Payments" and "Coinbase....
When bitcoin exchange Coinbase launched two and a half years ago, Heroku, a simple hosting platform, provided the right solution, said Brian Armstrong, Coinbase co-founder, writing in Medium. Heroku provided a more battle-tested solution than anything the founders could create on their own. But the founders realized that they had to build the next version of their infrastructure from the ground up, giving special attention to security. After one year, the team completed a transition that has operated inside AWS. The experience in developing this solution can serve as a starting point for....
In a surprise post on Coinbase's blog today, Coinbase revealed that they have "been insured for almost a year." Coinbase insurance was secured through worldwide insurance broker, Aon. Aon has over 60,000 colleagues worldwide and provides services for clients in over 120 countries. That Coinbase is securing insurance from a potentially worldwide network of underwriters is no small fact to look over. Coinbase's insurance policy "covers losses due to breaches in physical or cyber security and employee theft." Pointedly, Coinbase insurance does not help any individuals that lose their bitcoins....
DeFi projects, decentralized exchange tokens, stablecoins and NFT gaming: What underpins Coinbase’s extensive token-listing activity this year? As of today, Coinbase has 139 tradable assets. The exchange added a whopping 83 assets to its trading list in 2021, nearly double the number of assets it had accumulated in the eight years since its founding. Is this rapid expansion a simple cash-grab? Are any of these lesser-known tokens and coins securities? Is this irresponsible or overly ambitious? What does this rapid expansion of assets by Coinbase mean? A money grab?I feel the answer to the....
As the crypto market heads toward another Bitcoin halving expected to trigger a bull market, crypto founders are gearing up to start launching their startups in a more profitable climate. If you are one of these startup founders interested in crypto, Coinbase CEO Brian Armstrong has outlined 10 ideas that would lead to profitable businesses. […]