[UPDATED] Ethereum Classic Hit By 51 Percent Attack

The network has asked exchanges and mining pools to up confirmation times on transactions. UPDATED | January 7, 2019 (23:30 UTC): Ethereum Classic tweeted that Coinbase “did not connect with ETC personnel regarding the attack” after claiming to see double spends as early as January 5. Ethereum Classic is still investigating the incident and believes…

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Gab Turns to Square's Cash App After Coinbase Allegedly Froze Its Account

Controversial social media site Gab is reportedly now using the Cash App from United States-based payments firm Square to transact and receive Bitcoin (BTC) donations. The company’s official Twitter posted the announcement Jan. 6. Founded in 2016, Gab is a social network which presents itself as a haven for uncensored speech online. It has risen…

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XRP worth over $750 million moved between multiple accounts; follows the path taken by Coinbase

The start of the year saw massive shifts in the cryptocurrency industry with price hikes being a staple across the charts. XRP, which had created ripples in the industry in 2018, looks to be doing the same thing this year with recent news showing massive movement in the cryptocurrency. Reports show that XRP worth more…

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Investment Robo-Adviser Wealthfront Adds Support for Coinbase Accounts

Wealthfront, one of the largest independent robo-advisers in the U.S. market, has added support for Coinbase accounts. The Wealthfront team explained that high customer demand was the reason for incorporating the new feature, stating: “We’re especially excited because this has been one of our clients’ most requested features.” Also Read: Bitcoin Private (BTCP) Bug Exploited…

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Coinbase President Says Institutions With Short-Term View Shouldn't Touch Crypto

It hasn’t been the best of Christmases for the stock markets and let’s face it, Santa hasn’t exactly gone overboard when it comes to crypto. However, according to a CNBC Fast Money interview with Coinbase President Asiff Hirji, it hasn’t been all bad. A Year of Innovation When asked what happened to crypto in 2018 after such promise…

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The Daily: Bitfinex Launches Tether Margin Trading, Zebpay Resumes BCH Transactions

In today’s edition of The Daily, we feature a number of recent developments from influential cryptocurrency exchanges including Bitfinex, Coinbase and Zebpay. We also cover the latest investment in the field by Paypal co-founder, Peter Thiel. Also Read: Poll Shows 13% of Russians Use Cryptocurrency for Online Purchases Bitfinex Launches Tether Margin Trading Bitfinex, the…

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Bitcoin OTC Trading Volume Soars as Institutions May Be Accumulating

While volume on centralized exchanges is down as a whole, Bitcoin OTC (over-the-counter) markets have seen a surge in buyers leading to a shortage of sellers, according to the latest data from Diar. This may suggest that institutional investors are quietly stocking up on bitcoin while looking to keep prices low for the time being. …

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8 Days of Christmas: Coinbase Adds Crypto-to-Crypto Trading

Photo: The Coinbase Blog Coinbase said they believe it’s important that they build features that let people take advantage of the unique attributes of cryptocurrency. That’s why they’ve decided to roll out a new feature called Convert, which customers can use to convert one cryptocurrency into another. “We’ll be gradually rolling out the ability to convert…

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7th Day of Christmas at Coinbase: Everything One Needs to Know about USDC

Photo: Coinbase Coinbase decided to use 12 Days of Christmas promotion as their opportunity to promote their offerings and possibilities for their clients. The exchange launched its new 12 Days of Coinbase initiative and is publishing new features and services every day. USDC was introduced to the crypto and trading community by the CENTRE Consortium:…

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Coinbase Opens the Door to More Than 30 New Cryptocurrencies

Coinbase has announced that it plans to list over 30 cryptocurrencies, with many more to follow. In its largest listing spree to date, the California-based exchange will add dozens of cryptocurrencies in the coming months, including dai, mana and neo. Moving forward, Coinbase ultimately plans to add over 90 percent of “all compliant digital assets.”…

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Zcash Coinbase Listing Not Lifting ZEC Price

After listing ZCash on its institutional investor-focused Coinbase Pro platform on November 29, Coinbase has now listed the privacy-centric coin on its retail investor focused regular platform. They made the announcement on both Medium and Twitter. Customers can login to the online version of Coinbase or use either the iOS or Android mobile versions to…

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Coinbase and PayPal – A Match Made in Crypto Heaven?

Crypto exchange giant Coinbase usually blows its own trumpet when a new option is available on its trading platform. This has not been the case however with the recent addition of PayPal as an option to withdraw fiat for a small number of its customers. There has been no official announcement however the company FAQ…

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Coinbase, Ripple, and Other Big Names Invest $13M into Security Token Startup Securitize

Photo: Securitize / Twitter Securitize is a company that assists other firms with tokenizing assets and traditional securities. The funding round will help Securitize prepare for its planned launch of a Digital Security Offering (DSO) next year. According to the statement, the company believes that decentralized ledgers have the ability to bring instant transactions and…

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Coinbase Policy Officer Leaves as Another Executive Leads Quest For Legitimacy

Coinbase’s policy officer, Michael Lempres, has resigned from his newly-created role and parted ways with the US largest cryptocurrency exchange, endling a two-year tenure. Michael saw his responsibilities dwindle after Coinbase brought in former managing director and chief compliance officer of a BNY Mellon subsidiary, Jeff Horowitz. As a result of Horowitz’s hire, Coinbase has…

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Coinbase Resumes Trading Of Bitcoin Cash

Bitcoin Cash trading will resume on Coinbase shortly, but the future ain’t so bright for Bitcoin Cash SV. Today, on Tuesday, November 20, Coinbase announced that on its platforms, the Bitcoin Cash ABC chain will retain the Bitcoin Cash title and ticker symbol, BCH. Moreover, limited trading is expected to resume on Coinbase Pro and…

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Is XRP Coinbase Custody A Prelude To Its Listing?

According to reports, the addition was initially announced in October. They are looking to receive an actual support from investors for the coin. The addition encourages investors to buy and sell the coin. Coinbase custody, when compared with the highly unregulated and wild landscape of most cryptocurrency exchanges, serves as an added assurance to investors….

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The Daily: Okcoin-Backed Studio Raises $16M, Coinbase-Funded Game to Enter Beta

In today’s edition of The Daily, we focus on the intersection between the cryptocurrency industry and gaming. A game startup recently raised $16 million from investors such as Okcoin and Galaxy Digital, while the developers of a game backed by the investment arm of Coinbase have released a new gameplay trailer. And in related news,…

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KPMG: Cryptocurrency Still Far Away From a Store of Value

When Moon? Not soon according to the talking heads at KPMG. Bitcoin and other cryptocurrencies will require a bit more time before they truly function as a reliable store-of-value. We Ain’t There Yet, Says KPMG Whereas in August, KPMG reported that the blockchain industry was maturing and moving beyond experimentation, the latest study authored by KPMG,…

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BitGo Banks on Stablecoins in a Bid to Win Over More Institutions

Photo: BitGo / Medium Blockchain security firm and cryptocurrency wallet BitGo is expanding its suite of stablecoins custody offerings. The latest stablecoin coming to BitGo is the Gemini Dollar (GUSD). Besides this, BitGo already offers custody services for many other stablecoins like Circle’s USD Coin (USDC), MakerDAO’s DAI, TrustToken’s TrueUSD (TUSD), and Paxos Standard (PAX). This is…

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Bitcoin Technical Analysis: Bitcoin Cash Civil War Drives BTC to a 1-Year Low

Holy mackerel! Out of the blue, Bitcoin dropped to a new 12-month low with little notice. Anyone hoping for a Santa Claus rally had better drop to their knees and start the Hail Marys. Market Overview Today Bitcoin (BTC) 00 got nuked. In fact, the entire cryptocurrency market took a direct hit from a 50…

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