Tag: Coinbase

OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins

OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins

The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better position to issue stable digital currencies. […]

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Coinbase Launches Cryptocurrency Visa Card in the US

Coinbase Launches Cryptocurrency Visa Card in the US

U.S. customers can now apply for the Coinbase Visa, a card that allows users to spend digital assets anywhere Visa is accepted. In addition to the U.S. launch, Coinbase cardholders will be able to earn up to 4% back in stellar or 1% back in bitcoin. A while back, the San Francisco-based cryptocurrency firm Coinbase […]

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Coinbase’s crypto debit card is launching in the U.S. and lets users earn back bitcoin

Coinbase’s crypto debit card is launching in the U.S. and lets users earn back bitcoin

Crypto exchange Coinbase is launching a Visa debit card in the U.S. next year.  Sharing the news with The Block on Wednesday, Coinbase said it opened up a waitlist for U.S. customers who wish to get the card and will start distributing them “in the first half of next year.” Debit cards for Coinbase customers […]

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Coinbase Launches A Crypto Debit Card With 1% Reward on Bitcoin Spendings

The largest US-based cryptocurrency exchange Coinbase announced today the launch of a Visa debit card, allowing customers to spend digital assets for everyday purchases. According to the official statement, the Coinbase Card will provide clients the opportunity to earn up to 4% back in cryptocurrency rewards. It will be available in nearly 30 countries, including […]

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Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High

Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High

Onchain analytics from the research and analysis firm Glassnode shows that the number of bitcoin whales (addresses with at least 1,000 bitcoins) has surpassed 1,900 clusters. The number of network participants in terms of 1,000 coin whales hasn’t been this high since 2016. Seven-day trailing statistics for the number of whales (addresses with balance ≥ […]

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Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million

Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million

Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven minutes, the hack was complete. Harvest Finance revealed that the hacker “manipulated […]

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I Disagree With Armostrong: Ripple CEO on Coinbase Apolitical Policy

I Disagree With Armostrong: Ripple CEO on Coinbase Apolitical Policy

Ripple CEO Brad Garlinghouse is the latest popular individual to criticize the apolitical approach recently taken by the cryptocurrency exchange Coinbase. Just the opposite, Ripple has offered employees paid time off to vote and volunteer in the upcoming US Presidential elections. Ripple CEO Disagrees With Coinbase CEO Brian Armstrong, the Chief Executive Officer of the […]

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Decentralized protocol Kyber launches new framework to facilitate on-chain market making

Decentralized protocol Kyber launches new framework to facilitate on-chain market making

Decentralized liquidity protocol Kyber Network has launched a new framework that it says will enable on-chain market making, the company announced Thursday.  According to the announcement, the KyberPRO end-to-end framework is the first of its kind will allow market makers, crypto token teams, and developers to more seamlessly enter the decentralized finance (DeFi) space by […]

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Working group of U.S. crypto firms unveil their data-sharing solution to FATF ‘travel rule’ compliance

Working group of U.S. crypto firms unveil their data-sharing solution to FATF ‘travel rule’ compliance

Twenty-five U.S.-based virtual asset service providers (VASPs) have come together to publish a white paper on an industry-wide solution to travel rule compliance. In essence, the U.S. Travel Rule Working Group (USTRWG) is proposing a kind of hub through which they can identify customer information and use point-to-point communication channels to transmit that data. The […]

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