Category: Coinbase

This month’s crypto exchange volume has already broken December’s record

This month’s crypto exchange volume has already broken December’s record

Trade volume on the world’s major crypto exchanges this month has already exceeded last month’s total, according to data compiled by The Block.  January’s high is $468.7 billion as of publication — up $89.4 billion (23.6%) compared to the previous month. Binance currently holds 54.7% of January’s trade share, with Coinbase (14.1%) and Kraken (6.4%) in […]

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Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues

Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues

Cryptocurrency exchange Coinbase published a statement addressing their U.K. and E.U. customers, apologizing for system outages and account restrictions. The company also recognized their customer support “has not been at the levels” expected. High Flow of Incoming Customers According to the public apology, the U.S.-based crypto company said customers from both regions have been facing […]

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Coinbase unveils ‘Asset Hub’ for digital asset issuers that want to list their tokens

Coinbase unveils ‘Asset Hub’ for digital asset issuers that want to list their tokens

Coinbase is launching a new service for digital asset issuers that seek a listing on the biggest U.S.-based crypto exchange. Dubbed the Asset Hub, Coinbase’s service is “a simple, streamlined product for issuers to list their assets and do business with Coinbase,” the company’s chief product officer, Surojit Chatterjee, wrote in a blog post published […]

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While bitcoin was cratering over the weekend, institutions were buying

While bitcoin was cratering over the weekend, institutions were buying

Bitcoin is recouping losses clocked in over the weekend, which isn’t a surprise to market participants servicing institutional investors. At last check, bitcoin was trading up more than 9% at more than $37,000. That’s a far cry from the levels over the weekend, when a wave of long liquidations of leveraged retail trades sent the […]

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Former Coinbase compliance chief Jeff Horowitz joins BitGo

Former Coinbase compliance chief Jeff Horowitz joins BitGo

Crypto firm BitGo has hired former Coinbase compliance chief Jeff Horowitz as it seeks a trust charter from New York state regulators. Horowitz joined BitGo earlier this month and replaces Matt Parrella, who left the firm in November, according to his LinkedIn. Horowitz will head BitGo’s compliance and risk programs. Last August, BitGo applied for […]

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New Users and Regulations: Coinbase Explains The Cause of Issues Amid Latest Bitcoin Price Volatility

The largest US-based cryptocurrency exchange Coinbase has issued a formal apology for users in the UK and the EU region. The company acknowledged that its services have been unstable because of the high number of new registrations and the latest regulatory requirements. More Users Led To Problems On Coinbase Coinbase users located in the UK […]

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Monday was a record-breaking day for Coinbase and Binance

Monday was a record-breaking day for Coinbase and Binance

Cryptocurrency exchanges Coinbase and Binance broke their all-time highs for volume on Monday, according to data compiled by The Block.  Coinbase reached $9.56 billion in daily exchange volume — about a 57.9% increase from its $6.05 billion previous peak in January 7, 2021. On the same day, Binance reached $30.66 billion. That’s roughly 38% greater […]

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Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings

Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings

As bitcoin and a number of digital assets saw deep losses on Monday, a few crypto-asset exchanges had difficulties. Traders have been complaining about issues with exchanges like Coinbase, Kraken, and other trading platforms during the volatile price swings. Bitcoin (BTC) and many other cryptocurrencies have suffered a dip in value during the course of […]

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Crypto Futures Exchange Bakkt Going Public at a Valuation of $2.1 Billion

Crypto Futures Exchange Bakkt Going Public at a Valuation of $2.1 Billion

Bitcoin futures exchange Bakkt is going public via a merger with VPC Impact Acquisition Holdings, a special purpose acquisition company (SPAC) created for taking startup firms public. Both companies have now confirmed the transaction, and will be listed on the New York Stock Exchange (NYSE) under a new name – Bakkt Holdings Inc., – sometime […]

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