Coinbase Is Now the Most Popular App in the US Following SHIB Listing

coinbase website on desktop and smartphone

Following last month’s listing of Shiba Inu (SHIB) on its platform, Coinbase has now overtaken TikTok to become the number 1 app on Apple’s AppStore. In essence, this makes buying cryptocurrency a more popular activity than using social media… or pretty much anything else in the world. How it started How it's going pic.twitter.com/7xCGmnHljI — Fred Ehrsam (@FEhrsam) October 28,…

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Welcome to Worldcoin, a Coinbase-backed Crypto Distribution Scheme Utilizing Iris Scanning Technology

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A new startup boasting backing by major digital exchange Coinbase hopes to distribute cryptocurrency to people around the world in a very unconventional way – by scanning their eyeballs. Worldcoin (not to be confused with existing crypto project worldcoin.global) has developed a spherical device that can uniquely identify a person by scanning their iris. The device can then send cryptocurrency…

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Coinbase Adds Paypal Purchases, Making it Easier Than Ever to Buy Bitcoin (BTC)

coinbase website on desktop and smartphone

Coinbase users in the U.S. can now buy Bitcoin and other cryptocurrencies easier than ever via a PayPal integration. In an announcement posted on its official blog earlier today, Coinbase details how its U.S users can top up their crypto holdings directly from their PayPal accounts. The added feature means users will no longer need to enter their bank or…

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Coinbase Stock Listing News Pushes Bitcoin to New Highs

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One of the world’s most popular and leading cryptocurrency exchanges, Coinbase, recently announced it will be listing a $100 billion IPO on the NASDAQ stock exchange this week. The news has reignited Bitcoin’s relatively stagnant price which has been hovering around the $59,000 level for the past month. Today it cracked a new all-time high (ATH), breaking through the previous…

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Coinbase CEO Brian Armstrong Announces Challenge to New FinCEN Regulation

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The US Treasury Secretary Steven Mnuchin recently announced the proposal of new rules to regulate the use of non-custodial cryptocurrency wallets.  The new rules would require that anybody sending more than $3,000 in crypto must provide their identity and the identity of the recipient. Additionally, wallet providers must report any transaction exceeding $10,000 to the necessary regulators. Such rules already…

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Kyber Network (KNC) Token Goes Live on Coinbase Pro

kyber network

From today you can transfer Kyber Network (KNC) tokens into your Coinbase Pro account before trading goes live at 9 AM PST tomorrow. Initial trading pairs will be against the US dollar (KNC/USD) and Bitcoin (KNC/BTC).  According to Coinbase, the launch of KNC on its platform will occur in 4 stages: Transfer-only (starting today), post-only (limit orders, no matches), limit-only,…

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Coinbase Custody Hits New High with Acquisition of Xapo Institutional Business

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Coinbase Custody, the custodial arm of crypto exchange and wallet provider Coinbase, has become the worlds largest crypto custodian following the acquisition of crypto wallet and storage competitor Xapo’s custody services.   Following the completion of the deal, Coinbase Custody now manages upwards of $7 billion in digital assets, the largest volume of any cryptocurrency custody provider. The deal, which…

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Coinbase Ventures Backs Matic Network Plasma Project

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Ethereum-powered layer-two scaling solution Matic Network (MATIC) has today announced Coinbase Ventures, the venture capital arm of top-tier cryptocurrency exchange Coinbase, as an investor in its seed round. Matic Network – which utilizes sidechains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of proof-of-stake validators – announced the Coinbase Ventures investment news via…

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