Tagged: coinbase

Coinbase Reports Estimated Q1 Results: Total Revenue at $1.8 Billion, 56 Million Users

In advance of its much-anticipated initial public offering (IPO), Coinbase has posted its Q1 results for 2021. For the quarter ending March 31st, 2021, Coinbase reports top-line revenue of $1.8 billion and 56 million verified users. Coinbase is the largest digital asset exchange in the… Read More

Advisor Tech Platform Capitect Announces Integration With Coinbase

Capitect, a U.S.-based advisor technology platform, recently announced it has integrated with cryptocurrency platform Coinbase for digital currency performance reporting, billing, and rebalancing. Capitect reported that through the partnership its users are now able to connect directly to clients’ Coinbase accounts and vaults to pull data… Read More

Coinbase Anticipates its Class A Common Stock will Begin Trading April 14 on Nasdaq Global Select Market

Digital assets firm Coinbase has confirmed the effectiveness of its registration statement and also the anticipated listing date of its Class A Common Stock on the Nasdaq Global Select Market. Coinbase Global, Inc., revealed on April 1, 2021, that its registration statement on Form S-1,… Read More

Digital Assets Firm Coinbase Appoints Brett Redfearn as VP of Capital Markets

Digital assets firm Coinbase has hired Brett Redfearn as its Vice President of Capital Markets. Surojit Chatterjee, Chief Product Officer at Coinbase, noted in a blog post that during the last year, they’ve increased the performance of their exchange, rolled out support for new crypto-assets,… Read More

Centre Consortium, Formed by Fintech Circle and Coinbase, Reports USDC Stablecoin Crosses $11B

The Centre Consortium, an entity established by global Fintech firm Circle and Coinbase, reports that the first quarter of this year has been one of “explosive growth” for Centre and for the USDC stablecoin, which is the world’s “most trusted” stablecoin (according to Centre Consortium)…. Read More

Visa Integrates USDC Stablecoin Connecting Traditional Transfers with Digital Currency in a Historic Move

 Visa (NYSE:V)  is “bridging digital and fiat” currency by integrating the USDC stablecoin. Visa said that by enabling USDC it is creating the ability to one day support Central Bank Digital Currencies (CBDCs). In a blog post, Visa explained that after months of planning the… Read More

Coinbase Adds Support for Ethereum Tokens Ankr (ANKR), Curve DAO Token (CRV), Storj (STORJ)

Digital asset marketplace Coinbase recently added several cryptocurrencies including Ankr (ANKR), Curve DAO Token (CRV), and Storj (STORJ) to Coinbase Pro, the platform for professional traders. Coinbase confirmed earlier this week that beginning on Tuesday (March 23, 2021), platform users will be able to transfer… Read More

Coinbase Reveals it’s Now Recruiting Skilled Tech Professionals in India, Despite Nation’s Lack of Regulatory Clarity on Cryptos

Digital asset marketplace Coinbase has revealed that it’s planning to hire in India, a country that has been attempting to ban “private” cryptocurrencies like Bitcoin. However, the nation’s authorities recently clarified that they’re not going to shut off crypto activity completely, meaning digital currencies may… Read More

Blockchain or DLT based Stellar Network Is Reportedly Settling Transfers for $0.0001 / TX

Ada Vaughan, who focuses on Ecosystem and Marketing Strategy at the Stellar Development Foundation (SDF), notes that in an “increasingly cashless” and global economy, the separations between the different financial systems may lead to friction when you’re operating an international business. If you carry out… Read More

Payments Platform Paysafe Partners with Coinbase to Allow Users to Buy and Sell Crypto

Paysafe, a digital payments platform, has partnered with Coinbase to enable users to buy and sell crypto. According to a release, Paysafe’s digital wallet Skrill will now let customers trade in crypto by using Coinbase’s white label solution. Skrill, first launched in 2018, is available… Read More

M&A Attorney Lawrence C. Lee at Baker McKenzie: “We will likely experience continuing consolidation in the Fintech sector”

Lawrence C. Lee is a top merger and acquisitions attorney operating in the Fintech sector. A partner at Baker McKenzie and based in Palo Alto, Lee was previously in-house counsel for Coinbase where he led strategic transactions and investments. More recently, Lee and his team… Read More

CFTC Hits Coinbase with $6.5 Million Penalty for Wash Trading and More

The Commodities Future Trading Commission (CFTC) has issued an order requiring Coinbase to pay a $6.5 million penalty for “false, misleading, or inaccurate reporting and wash trading.” Coinbase has settled the civil penalty with the CFTC. The wash trading was said to be affiliated with… Read More

SeedInvest, Wefunder, and Other Funding Portals are Beneficiaries of Updated Crowdfunding Rules, but Private Funds with Security Token Capabilities May Also Benefit

Peter Gaffney from the Security Token Group (STG), which is focused on the emerging blockchain-based security token space, notes that the significantly outsized return potential of angel investing, venture capital, and private equity are “well-known” in the finance industry. Gaffney explains that traditionally, direct access… Read More

Ethereum 2.0 being Supported by Kraken, Gitcoin Open-Source Grants, Coinbase Also Supporting ETH 2.0 with Staking Service

Digital asset exchange Kraken recently committed funding to support the Ethereum 2.0 transition process with the New Gitcoin Giving initiative. Kraken says it will match “up to $50,000” in donations to open-source Ethereum infrastructure initiatives as part of Gitcoin’s donation drive (which began on March… Read More

Cardano Native Digital Asset ADA to Launch on Coinbase Pro, Trading to Begin March 18, 2021

Beginning on March 16, 2021, Coinbase Pro users may transfer Cardano (ADA) into their accounts ahead of scheduled trading. Support for ADA tokens will be available at all of Coinbase’s “supported jurisdictions.” Trading will begin “on or after 9AM Pacific Time (PT) Thursday March 18,… Read More

Coinbase Files Amended S-1 as it Inches Closer to Becoming a Publicly Traded Firm

Coinbase, the largest digital asset trading platform in the US, has filed an updated S-1 document with the Securities and Exchange Commission. The amended document indicates that Coinbase will float 114,850,769 shares on the NASDAQ in an initial public offering (IPO). Coinbase expects to trade… Read More

The Under-Appreciated Significance of Coinbase Going Public

Once the Coinbase registration statement becomes effective and Coinbase shares trade publicly, a sea change will have occurred in the US without most people recognizing it.  Part of that unacknowledged difference will be the broader awareness of blockchain and cryptoasset trading it brings. It is… Read More

Coinbase Adds Trading Support for More Cryptocurrencies including Polygon (MATIC), SKALE (SKL), SushiSwap (SUSHI)

Cryptocurrency exchange Coinbase confirmed on March 12, 2021 that Polygon (MATIC), SKALE (SKL) and SushiSwap (SUSHI) are now available for trading on its platform. Coinbase.com users may now trade MATIC, SKL, and SUSHI tokens. They can purchase, sell, convert, send, receive, or store these digital… Read More

Coinbase Files S-1, Plans Listing on NASDAQ Raising Up to $1 Billion, Generated $1.3 Billion in Revenue in 2020

As anticipated, Coinbase has publicly filed an S-1 outlining its plans to complete an initial public offering (IPO) on the NASDAQ. Accrording to the filing, Coinbase intends to raise up to $1 billion and  trade under the ticker symbol of “COIN.” The filing shares that… Read More

Unprecedented Bitcoin Rally Supported by Best-Performing Quarter for Crypto and DLT Startup Funding Totaling Over $700M in Q4 2020: Report

The current Bitcoin (BTC) bull market has been fueling another major boom in blockchain or distributed ledger tech (DLT) startup deals. Coinbase Ventures had launched back in 2018, which was during the extended cryptocurrency bear market that lasted from early January of that year to… Read More

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