Coinbase News, Opinions and Analyses Created by Users

Coinbase

700 Articles 29 Followers

Coinbase is an American cryptocurrency exchange located in San Francisco, California. Founded in 2012 by current CEO Brian Armstrong and Fred Ehrsam, Coinbase is one of the world’s most popular cryptocurrency exchanges, despite its relatively selective asset listing process. The exchange has received funding from several prominent venture capital firms, including Andreessen Horowitz.

Coinbase offers trading features to users in 32 countries, and offers transaction and storage features to users in 190 countries. Coinbase operates two exchanges: Coinbase and Coinbase Pro, the latter being a platform exclusive to professional traders. Coinbase Pro traders typically receive access to trading newly listed tokens before regular traders do.

As a part of its bid to compete with other major exchanges of the world, like Binance, Coinbase features several other facilities to round out its reach into the market. This includes custody services, fundraising mechanisms, a wallet, a cryptocurrency educational program and a stablecoin called USD Coin, released in partnership with payments technology company Circle. 

In more recent months, Coinbase has steadily been moving towards listing as many assets as possible. The exchange frequently puts out a list of tokens that it considers for addition, as this is the most desired development for the exchange for users. Another major development is the Coinbase custody acquisition of Xapo’s institutional business, a major crypto focused company.

Coinbase has also experienced its fair share of controversy. Their acquisition of Neutrino, which has links to a hacking team that has aided oppressive regimes, drew criticism from users and the cryptocommunity. CEO Armstrong later said that members linked to the hacking team would “transition out of Coinbase.”


🗞 Daily Crypto News & Video December, 2nd💰

8 hours ago 4 minute read 1 comment Crypto_Lemon

Welcome to the Daily Crypto News: A complete News Review, Coin Calendar and Analysis. Enjoy!   🗞 Market Wrap: Bitcoin Falls to $18.1K as Correlation to Ether Picks Up The price of bitcoin took a bit of a dip, though overall market sentiment remains...

An Analysis of Gas fees for moving Coinbase DAI to Celsius

11 hours ago 3 minute read 2 comments rah

As promised earlier in the week the aim of this post is to publish and examine the costs of moving DAI from Coinbase to Celsius to take advantage of the higher staking rates offered. The model below presents real data although the calculations have b...

Coinbase will support ETH 2.0 staking in early 2021

1 Dec 2020 1 minute read 1 comment MakeItReal

Coinbase, the digital currency exchange headquartered in San Francisco (US), announced yesterday (November, 30th) on its official blog that Coinbase intends to fully support ETH 2.0 through staking and trading. Coinbase has communicated to enable ETH...

The Coinbase Effect: district0x (DNT) resurection

1 Dec 2020 2 minute read 24 comments PVMihalache

What is district0x? District0x is network of decentralized markets and communities powered by Ethereum, Aragon, and IPFS. It was one of the biggest ICOs in 2017 but lost popularity quickly. Their network is a collective of decentralized marketplaces...

The Paypal / Paxos Problem

1 Dec 2020 2 minute read 4 comments AlucardLife

In my article Why Paypal is Taking Your Bitcoin and Litecoin a commenter tried to make a point that Paxos manages all of Paypal's bitcoin. Here's the quote: PayPal never touches the crypto. They are using Paxos to manage it all for them. "That’s why...

COINBASE.. IS IT A GLITCH?

1 Dec 2020 1 minute read 0 comments Blurryface

I recently decided to invest some cash in coinbase. After awhile I realized no matter how much I invested the interest was the same about .00000001 every 2 seconds.  So I pulled it out. I figured in a year I would not make a dollar about 10 cents max...

Ethereum 2.0 staking rewards are coming soon to Coinbase

30 Nov 2020 1 minute read 2 comments 7Fx

Tomorrow the Ethereum Beacon Chain will launch and Coinbase intends to support ETH2 through staking and trading. You will be able to convert ETH to ETH2 and earn staking rewards ! While staked ETH2 tokens remain locked on the beacon chain, Coinbase w...

NYT Publishes Coinbase Story Concerning Racial Discrimination

30 Nov 2020 1 minute read 2 comments Abhimanyu Krishnan

On Nov. 27, The New York Times published a report detailing claims of racism at US exchange Coinbase. The story preempted a response from Coinbase CEO Brian Armstrong, who denied the allegations in a blog post published on Nov. 26. NYT reporter Nath...

Coinbase is Why You Shitbertarians Won't Win

30 Nov 2020 3 minute read 53 comments AlucardLife

You're all fake. It's all a show. The modern libertarian crypto movement is nothing more than a bunch of selfish, immature white (and wannabe white) American frat boys pretending to have a bigger goal than profiteering in crypto. You watched a couple...

You Can't Trust Companies that Just Lay the Fuck Down in Crypto

29 Nov 2020 3 minute read 5 comments AlucardLife

Big daddy government kicked in the door and started talkin that shit to Coinbase last week. Told them to get down or lay down. Coinbase lay the fuck down. Not only that, but they licked the government's shoes while they were down there. For absolutel...