BlockFi to Shuts Down Web Platform, Partners with Coinbase
Bankrupt cryptocurrency lender BlockFi announced its intention to shut down its web platform in May and partner with Coinbase to enable customers to access and withdraw funds. The company announced in a blog post that “eligible BlockFi Interest Accounts (BIA), Retail Loans, and Private Clients” can withdraw funds through its partnership with Coinbase. BlockFi initiated […]
Coinbase Sees Potential with Ethereum, USDC Integration
Coinbase is fitting itself for a future of interoperability in which one billion customers will utilize decentralized applications across blockchains owing to an ETH and USDC integration Coinbase’s Ethereum layer-2 Base blockchain will save time on Know Your Customer (KYC) and Anti-Money Laundering (AML) with identity attestation via the Ethereum Attestation service and Coinbase verification, which […]
Coinbase Investor Letter Talks SEC Lawsuits, Political Donations
Coinbase stated that its top priority is crypto regulatory certainty from the US SEC. It remains active in politics, supporting pro-crypto candidates. Coinbase (NASDAQ: COIN), a cryptocurrency exchange, disclosed its Q1 results on Thursday, May 2. The company’s revenue surpassed initial projections, owing to the robust surge in the cryptocurrency market and the introduction of spot Bitcoin […]
Coinbase Adds Support for Bitcoin Lightning Network
Coinbase has initiated support for the Bitcoin Lightning Network, allowing users to seamlessly transmit Bitcoin via Lightning or the Bitcoin network. The layer-2 Lightning Network enables Coinbase clients to transmit Bitcoin at a lower cost and in a more practical manner than transactions conducted on the Bitcoin blockchain. To utilize the Lightning Network, the intended […]
Coinbase Hints at Possible Release of Smart Wallet
Coinbase launches a testnet-compatible smart wallet for a seamless and secure user experience, offering incentives for early adopters and exclusive developer sessions. One of the foremost cryptocurrency exchanges, Coinbase, has made a smart wallet available on testnet with universal compatibility. The smart wallet is designed to provide platform users with a streamlined and secure transaction […]