Tag: Coinbase

Coinbase to acquire Bison Trails to compete in the market for infrastructure as a service

Coinbase to acquire Bison Trails to compete in the market for infrastructure as a service

Coinbase is acquiring crypto infrastructure provider Bison Trails in a move that the San Francisco-based exchange-operator says will help it expand into an unsexy but growing corner of the crypto market: infrastructure as a service. Coinbase did not respond to questions pertaining to the financials of the deal, whose transaction value has been speculated to […]

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Bitcoin Price All Set to Move up After two Quiet Weeks, Breaks Binance Whale Sell Wall at $36.5K

Bitcoin price is currently trying to regain its position above $40,000 having spent the past two weeks in the $35k – $40k price range, after experiencing a near 23% drop last Monday. The Bitcoin whales are currently dominating the price behavior of the top cryptocurrency as most of them are currently on a selling spree […]

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Coinbase to ‘decompose’ its application server in wake of recent outage

Coinbase to ‘decompose’ its application server in wake of recent outage

Coinbase says it will divide up its application server into separate services in an effort to “reduce the blast radius” following an outage last week that impacted the API used for the exchange’s website and mobile apps.  The Coinbase team said Friday that by “decomposing” its application server, it could have different scaling profiles for […]

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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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