Wealth flex? Coinbase now allows users to share their crypto allocations
“We want to empower the cryptoeconomy to share knowledge and information and learn from each other,” said Coinbase senior product manager Rishav Mukherji. All of United States-based crypto exchange Coinbase’s roughly 68 million verified users can now more easily make information on their portfolio public.In a Coinbase blog post on Friday, senior product manager Rishav Mukherji said the crypto exchange’s app now includes a feature that shares a user’s allocation percentage — not balances — to their network of friends. He said this would just be the first move in the coming weeks for users....
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Coinbase announced this week that its user base had crossed the 650,000 mark. It seems the young company is on a roll, as it recently managed to secure $25m in a round of funding led by Andreessen Horowitz. Coinbase has grown more than 20-fold over the past nine months. The service started back in 2013 with just 30,000 accounts but by August it had gained over 200,000. The number of Coinbase transactions is growing even faster - up more than twenty-fold since January. User demographics. The company also shared some interesting data on its demographics. The vast majority of Coinbase users....
Coinbase, the largest U.S. cryptocurrency exchange by trading volume, has announced an exciting new update for its users. The exchange’s roughly 73 million verified users will now be able to make information about their crypto holdings public. Coinbase Goes Social Senior product manager Rishav Mukherji announced this update in a blog post on Friday. Coinbase is making […]
With appetites for BTC allocations firmly present, calculations suggest that even small buy-ins would have a dramatic effect on price action. Bitcoin (BTC) could fetch at least a $535,000 price tag if corporate buyers convert 10% of their cash reserves to the largest cryptocurrency.In one of the various conclusions from its latest report, "Bitcoin: Preparing for Institutions," investment firm Ark Invest said that even a 1% allocation from S&P 500 companies would be enough to increase BTC/USD spot prices by $40,000.Minimum corporate BTC allocation: 2.55%The findings come as institutional....
Certain Coinbase users will need to disclose recipient information when sending cryptocurrencies to non-Coinbase wallets. Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan. Effective from April 1, Coinbase users from Canada, Singapore and Japan will be required to provide additional information while sending cryptocurrencies to a different (non-Coinbase) platform. However, while Singaporean and Japanese investors will be required to share additional information about the....
San Francisco-based Coinbase announced improved security with new API keys on Friday. A good number of users of Coinbase's services have previously experiencing issues with API keys, particularly theft of their funds - so the news is much-awaiting by those in the community. For starters, the company says users will now have access to multiple API keys, with separate permissions (including IP whitelisting). This means that no longer will users have to share one key between applications (especially if it had global permissions enabled, which increased the risk of something bad happening). In....