A Few Interesting Facts About Coinbase Bitcoin Platform
Bitcoin, at the present time, is known as the easiest and most popular online payment system invented by Satoshi Nakamoto in the year of 2008. In 2009, it was initially released as an open source software. The facilities and features provided by Bitcoin - the digital currency transfer system has made it very much user friendly. Another name of Bitcoin is cryptocurrency and the biggest Bitcoin platform is Coinbase. In recent days, many of the companies all around the globe have already started using this digital payment system because of its convenient and user-friendly options. With the....
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Quick Facts: 1️⃣ Coinbase and Mastercard are vying to acquire BVNK, a UK-based firm that integrates stablecoins into payments, cross-broder transfers, and treasury operations. 2️⃣ According to Fortune, purchasing BVNK could cost Coinbase or Mastercard anywhere between $1.5B and $2.5B. 3️⃣ The takeover talks come on the heels of the GENIUS Act being passed in […]
Rumors are circulating that Coinbase will soon reinstate XRP trading on its platform. Last Thursday, XRP was relisted on Coinbase Pro, with the XRP/USD, XRP/EUR, XRP/GBP, and XRP/BTC pairs available for trading. But this was soon cut short, with Coinbase saying this resulted from a “technical issue,” and XRP trading remains suspended. As previously announced, […]
Olivier Janssens, who was elected to the Bitcoin Foundation Board of Directors last month, made a very interesting post to Reddit early this morning. Saying that he felt it was his duty to divulge certain facts about the organization, he detailed his experience working as a board member. Transparency Not A Priority. "I was elected on a platform of transparency and decentralization of core development," Janssens says early in his post. Throughout the post, he explains how the organization has done its best to hide its inner-workings and ineffectively manage its resources. When I joined on....
Desperate times continue at Coinbase – while one user has filed a motion to block IRS access to its records, a law firm is now suing the company for an alleged role in an $8.2 million fraud racket. New Lawsuit as Regs Bite Coinbase Again. In a class action lawsuit filed in Florida by Silver Law Group and Wites & Kapetan, Coinbase purportedly allowed Paul Vernon, ex-CEO of now-defunct exchange Cryptsy, to convert bitcoins worth over $8 million over a three-year period. “Despite Mr. Vernon’s assertions of business revenue and personal ownership, Coinbase — as a Money Services Business....
Here's an interesting watch if you don't have a terrible lot to do this Saturday morning. Kevin Rose, who's currently with Google Ventures (but has a pretty extensive history in the tech sphere with Digg, TechTV, and throwing a raccoon down a flight of stairs to save his dog) interviews Brian Armstrong, CEO of bitcoin buying/selling house Coinbase. The video (part of Rose's Foundation video series), as one would come to expect, discusses Armstrong's history, the history behind Coinbase, and the very interesting tech behind the operation. It runs nearly forty minutes, so if you're strapped....