Bitcoin Price Slides 2% After Deribit, Coinbase Flash Crash

Update (Nov. 1, 15:03 UTC): Deribit will reimburse over $1.3 million in losses from the BTC index calculation data issue witnessed at 21:00:00 UTC on October 31, 2019. Another flash crash has occurred for bitcoin (BTC), this time appearing on the Coinbase Pro and Deribit exchanges. At 19:55 UTC on Oct. 31, BTC’s spot price dipped […]

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Coinbase Now Supports Stellar and Chainlink Cryptocurrencies in New York

Cryptocurrency exchange Coinbase has announced that New York residents now have access to two cryptocurrencies launched for other jurisdictions months ago. In two tweets late on Wednesday, the exchange said customers based in New York state can now hold, buy, sell, send and receive both Stellar lumens (XLM) and Chainlink’s LINK token. The cryptos will now […]

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Hurricane Dorian Relief Effort Enlists an Unlikely Ally: Bitcoin – CCN Markets

The Hurricane Dorian relief effort has teamed up with an unlikely ally in the Bahamas: Bitcoin, along with a helping hand from Coinbase. | Source: Wikimedia Commons (i), AP Photo / Gillian Flaccus (ii). Image Edited by CCN. The Hurricane Dorian relief effort has teamed up with an unlikely ally to help the Bahamas recover […]

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Coinbase Study Says 56% of Top 50 Universities Have Crypto Classes

Academic interest in crypto and blockchain is increasing across the board, according to a study from Coinbase published Wednesday. The crypto exchange looked at the world’s top 50 universities (according to the U.S. News & World Report ranking) and found that 56 percent have blockchain or crypto classes available. Last year, Coinbase found 42 percent to […]

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Crypterium Introduces Global Crypto Payments Card

Crypterium – a financial technology startup based in Estonia — launched the Crypterium Card, the first crypto card available globally. Prior to this launch, crypto cards, such as the Coinbase Card, were only accessible in specific countries or by region, according to the company. Coinbase recently announced it would roll out services to six additional […]

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Facebook Hires Two of Coinbase’s Former Compliance Managers

Facebook hired two Coinbase veterans to work in compliance this month, and at least one of them is involved with the social media giant’s blockchain effort. Jeff Cartwright left Coinbase in March after nearly five years at the U.S. cryptocurrency exchange in various compliance roles. He joined Facebook as a policy and compliance manager this […]

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Coinbase’s Political Action Committee Shuts Down Without Ever Raising a Cent

Coinbase is moving to shut down its political action committee (PAC) without ever raising a cent. The San Francisco-based crypto exchange filed a Termination Report for its PAC on April 3, 2019, according to publicly available documents on the Federal Election Commission’s website (FEC). The move means that the exchange wants to shut down its PAC, […]

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Coinbase Launches Crypto Visa Debit Card for UK and EU Customers

Cryptocurrency exchange Coinbase has launched a Visa debit card allowing customers in the U.K. and EU to spend their cryptocurrencies directly from their Coinbase accounts. The San Francisco-based firm announced the news in a blog post on Wednesday, saying that with the “Coinbase Card,” customers will be able to spend their bitcoin (BTC), ether (ETH), […]

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Coinbase Now Says It Never Shared ‘Personally Identifiable’ Customer Data

Coinbase is taking steps to clarify statements made in the wake of its controversial acquisition of blockchain analytics firm Neutrino, a startup subsequently linked to Hacking Team, a group that aided governments known for human rights abuses. Specifically, Christine Sandler, Coinbase’s director of institutional sales, justified the Neutrino acquisition during an interview with Cheddar last Friday […]

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