Crypto exchange giant Coinbase usually blows its own trumpet when a new option is available on its trading platform. This has not been the case however with the recent addition of PayPal as an option to withdraw fiat for a small number of its customers. There has been no official announcement however the company FAQ…
As the cryptocurrency market continues to expand and mature, investors are increasingly seeking ways to spot a great project from vaporware dressed up with buzzwords. Flipside Crypto will provide data on various aspects of different digital assets. Flipside Crypto Impresses Big Names with “Unique” Crypto Data Platform According to a report in MarketWatch, Flipside Crypto…
Since Coinbase’s inaugural day in business during June 2012, the San Francisco-based startup has become world-renowned for its penchant for innovation within the cryptosphere and Bitcoin ecosystem. And this theme has fortunately persisted to this day, even while 2018’s market predicament has brutally executed a plethora of crypto upstarts, save for Coinbase and other ‘too big to…
A number of high profile companies within the cryptocurrency space have invested in Securitize, a primary issuance platform for asset-backed security tokens on the blockchain. The startup raised $12.75 million in a Series A funding round led by San Francisco-based VC firm Blockchain Capital. Coinbase Ventures, Ripple, NXTP, and Global Brain Corporation have also invested.…
The chief policy officer at leading crypto brokerage and exchange platform Coinbase has left his position for one at U.S. venture capital firm Andreessen Horowitz. Is Michael Lempres’s move indicative of a wider pilgrimage of talent from the digital asset industry in the wake of the 2018 bear market? Will More Crypto Talent Follow Lempres’s…
The price of Bitcoin fell below $5,000 on Coinbase for the first time in 2018 as the bear market continues to drag prices down across the board. Market Cap Drops to Below $87 Billion For the first time since October 2017, Bitcoin dropped lower than $5,000, at $4,996 on San Francisco-based crypto exchange Coinbase. As a…
It goes without saying that Galaxy Digital, a digital asset-centric merchant bank, has been beaten and bruised in recent months. Months ago, to remain coherent with its appearance on the Toronto Stock Exchange, the startup was required to divulge its Q1 balance sheet, which wasn’t pretty, to put it lightly. However, the Galaxy’s top brass have…
Jackson Palmer, the founder of the cryptocurrency Dogecoin, has discussed what he calls the “re-centralization” of the cryptocurrency markets, and notably criticized the direction the industry is heading. Growing Shift Away from Decentralization in Cryptocurrency Industry In a recent opinion piece published in Diar, Palmer begins his Op-Ed, titled “The Institutionalization of Cryptocurrency is a…
Although relative non-action in crypto markets has continued, with prices stagnating en-masse, prominent institutions, such as Goldman Sachs and Tiger Global, still seem ready to pounce on what this nascent industry has to offer. Goldman Sachs Onboards Exclusive Investors For Bitcoin Products Per an insider scoop from The Block, Wall Street’s golden child, Goldman Sachs,…
Tether Limited, the issuer of stablecoin Tether (USDT) wholly-owned by Bitfinex, has opened a bank account with Bahamas-based Deltec Bank. The move follows a long process of due diligence review of the company, including the ability to maintain the USD peg at any moment in time, the announcement says. Deltec Accepts Tether as Client After Long Due…