Coinbase to hand out ENS usernames to simplify wallet transactions
Users can get a username through Coinbase Wallet’s browser extension and use it to send and receive crypto tokens instead of the traditional address. As simplified wallet addresses become more popular within the blockchain space, crypto exchange Coinbase integrated with Ethereum Name Service (ENS) to give their customers usernames to replace their traditional Coinbase crypto wallet addresses. In a post, the exchange announced that it will be handing out free “name.cb.id” usernames. Through Coinbase Wallet’s browser extension, people can claim their new address and use it for their....
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Given the recent request by the IRS for cryptocurrency exchange Coinbase to hand over customer information, Bitcoin users should be aware that they’re responsible for determining which transfers are “sales” in their tax reports. User Must Specify ‘Sales’ to IRS. Recently, Bitcoin users raised concerns when the Internal Revenue Service (IRS) requested Coinbase to hand over user information between 2013-2015, calling the move a “dangerous precedent.” Then a California district court upheld this request to pry into the transaction records of the San Francisco based exchange. Coinbase provides....
Netki, a service aimed to simplify bitcoin payments, has officially released a beta of their Google Chrome browser extension, allowing customers to use email-esque Wallet Names such as 'wallet.justin.me ' instead of lengthy 32 character public addresses. Netki users can now enter their Wallet Name anywhere on the web, and the extension will automatically replace the name with the appropriate public wallet address. They currently support bitcoin, litecoin, dogecoin, Factom (Factoids and entry credits), and Ether, among others. Their new extension will allow Netki users to maintain their....
Rather than storing their Bitcoin funds on the Coinbase platform itself, users can transfer the funds to CoPay and still enjoy all of the functionality offered by the exchange itself. BitPay has made it a bit more convenient for users to buy and sell Bitcoin through their Copay wallet. Although this feature requires the user to have a verified Coinbase account, this could be a very powerful merger of popular Bitcoin services. It is not the first time BitPay mentions exchange integration in their Copay multisignature solution, however, now we finally know which platform will be used. The....
According to a report from TechCrunch, the social media platform Telegram will auction handles for individual accounts and channels. The company has been taking steps to boost its revenue. Earlier this year, it announced a subscription plan to keep its finance afloat. Related Reading: Coinbase Backed Mara Set To Introduce Crypto Wallet Service Across Africa […]
After almost seven months and over 8.4 million emails on the waitlist Coinbase opened its NFT marketplace to the public but only recorded 150 transactions on the big day. Coinbase, one of the largest crypto exchanges by volume, opened its beta non-fungible token (NFT) marketplace to the public on May 4 with on-chain data showing a maximum of 150 total transactions on the day and $75,000 in USD volume.The transactions captured by Dune Analytics show the total amount which took place through the 0x Protocol, the infrastructure behind Coinbase’s marketplace. Whilst not all transactions are....