Business News / 4:35 am

Coinbase’s Former Fraud Lead Has Left to Join Tech Firm Twilio

One of Coinbase’s earliest employees, risk operations manager Rees Atlas, has left the Silicon Valley cryptocurrency exchange – and the blockchain industry – for Twilio, a publicly traded tech firm. According to Atlas’ LinkedIn page, he started this month as a fraud operations manager at Twilio, a similar role to the ones he held over a […]

Banking / 12:02 pm

How Silvergate Became the Leading Bank for Crypto Startups

It’s been a long journey for Alan Lane since the Silvergate Bank CEO bought his first bitcoin in 2013. That was around the time his small, deposit-hungry bank, based in La Jolla, California, took on its first crypto exchange as a client. It was a gutsy move for a financial institution, since at the time […]

Coinbase / 4:46 am

Coinbase, DCG Join $4.5 Million Seed Round for Crypto Evaluation Startup

Flipside Crypto wants investors to think beyond market capitalization, and Coinbase apparently agrees. Revealed exclusively to CoinDesk, the exchange’s Coinbase Ventures arm and Digital Currency Group co-led the analytics startup’s extended seed round that closed on November 21, alongside True Ventures and Castle Island Ventures. Although the size of Coinbase’s investment was not disclosed and […]

Coinbase / 11:27 pm

Coinbase secretly introduces free PayPal withdrawals

Coinbase, a California based cryptocurrency exchange has enabled the option of free PayPal withdrawals for various fiat currencies. This was a quiet and swift move from the exchange and includes withdrawals of currencies like USD, EUR, and GBP, reported Beingcrypto. The publication also added that this secret update will allow users to withdraw the above […]

Coinbase / 1:53 am

Coinbase Adds Privacy-Centric Crypto Zcash to Pro Trading Exchange

Crypto exchange Coinbase Pro is adding privacy coin zcash to its listings. The platform announced Thursday that customers can transfer zcash into its professional trading platform, though as with previous additions, users can not yet purchase the token until the exchange has established enough liquidity. Deposits will be accepted for at least 12 hours after […]

Business News / 12:49 pm

Coinbase Quietly Opened Its OTC Crypto Trading Desk This Month

U.S.-based cryptocurrency exchange Coinbase opened its over-the-counter (OTC) crypto trading desk earlier this month. In an interview with news source Cheddar on Tuesday, Coinbase head of sales Christine Sandler said that the firm launched the OTC desk as a complement to its exchange business because institutions are using OTC as an “on-ramp for crypto trading” […]

Coinbase / 5:02 pm

Coinbase’s Chief Policy Officer Is Leaving for a Major VC Firm

U.S.-based cryptocurrency exchange Coinbase is reportedly losing another senior executive. According to a Bloomberg report Wednesday, its chief policy officer, Mike Lempres, is leaving the firm to take on a new role at venture capital firm Andreessen Horowitz. “As chief legal and risk officer during a time of tremendous growth for Coinbase, Mike was instrumental in […]

Bitcoin Cash / 10:58 pm

Amended Suit Against Coinbase Details Bitcoin Cash Insider Trading Claims

A new amended class action complaint has been filed against Coinbase, providing more detail on how insiders allegedly profited from the cryptocurrency exchange’s rollout of bitcoin cash last December. The document, filed Nov. 20 with the U.S. District Court for the Northern District of California, outlines why the plaintiffs believe Coinbase “made false and deceptive […]

Aon / 12:47 pm

The Crypto Insurance Market May Total $6 Billion. That’s Nowhere Near Enough

As Wall Street raises the stakes around cryptocurrency, large institutional players are circling this new asset class and bringing with them their own set of requirements. For example, there’s a need for qualified custodians to hold the assets these big-money investors will trade, as in the traditional, regulated financial realm. But a less-discussed yet critical […]