{"id":14087,"date":"2021-11-25T09:03:40","date_gmt":"2021-11-25T08:03:40","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=14087"},"modified":"2021-11-25T09:03:53","modified_gmt":"2021-11-25T08:03:53","slug":"coinbase-gets-ownership-of-crypto-wallet-provider-brd","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/coinbase-gets-ownership-of-crypto-wallet-provider-brd\/","title":{"rendered":"Coinbase gets ownership of crypto wallet provider BRD"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">The<a href=\"https:\/\/coinscreed.com\/staging\/coinbase-includes-a-feature-a-users-allocation.html\" data-type=\"post\" data-id=\"13667\"> US crypto exchange Coinbase<\/a> has acquired crypto wallet provider BRD's team, the firm's CEO and co-founder have assured users that \u201cNothing will change in the BRD wallet app and as always, your funds are safe and secure.\u201d <\/h5>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Coinbase-adds-phone-line-support-for-account-breach.png\" alt=\"Coinbase gets ownership of crypto wallet provider BRD\" class=\"wp-image-8361\" width=\"832\" height=\"467\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Coinbase-adds-phone-line-support-for-account-breach.png 730w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Coinbase-adds-phone-line-support-for-account-breach-300x168.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Coinbase-adds-phone-line-support-for-account-breach-355x200.png 355w\" sizes=\"(max-width: 832px) 100vw, 832px\" \/><\/figure><\/div>\n\n\n\n<p>CEO Adam Traidman and co-founder Aaron Voisine wrote to BRD users on Wednesday, saying that some of the company's employees will be going to Coinbase to continue working on <a href=\"https:\/\/www.google.com\/search?q=Coinbase+gets+ownership+of+crypto+wallet+provider+BRD&rlz=1C1SQJL_enNG889NG889&oq=Coinbase+gets+ownership+of+crypto+wallet+provider+BRD&aqs=chrome..69i57.472j0j9&sourceid=chrome&ie=UTF-8\" target=\"_blank\" rel=\"noopener\">crypto wallets.<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a><\/p>\n\n\n\n<p>The inclusion of the BRD team, according to Coinbase Wallet, will &#8220;help speed web3 adoption&#8221; and give &#8220;strong knowledge in self-custody.&#8221;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;Nothing will change in the BRD wallet app, and your funds will remain safe and secure as always,&#8221; the BRD executives added. &#8220;In the future, BRD wallet users will have the option of migrating to Coinbase Wallet for self-custody.&#8221;<\/p><\/blockquote>\n\n\n\n<p>BRD is the company behind the <a href=\"https:\/\/coinscreed.com\/staging\/tourism-authority-of-thailand-to-create-a-token.html\" data-type=\"post\" data-id=\"11225\">utility token <\/a>Bread, which was previously known as Breadwallet (BRD). According to CoinMarketCap data, the token price increased by more than 500% in two hours after news of the Coinbase acquisition broke, rising from $0.16 to $1.01.<\/p>\n\n\n\n<p>In June, BRD announced a number of enhancements for 2020, including a wallet update that allowed storage of Hedera Hashgraph's HBAR coin.<\/p>\n\n\n\n<p>In September, the company teamed up with Ciphertrace, Chainalysis, Elliptic, and Unbound Tech to help launch its data integration platform, which is utilized by financial institutions and crypto businesses looking to provide <a href=\"https:\/\/coinscreed.com\/staging\/us-bank-americas-fifth-largest-bank-launches-crypto-custody-services.html\" data-type=\"post\" data-id=\"11726\">custody services<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US crypto exchange Coinbase has acquired crypto wallet provider BRD&#8217;s team, the firm&#8217;s CEO and co-founder have assured users that \u201cNothing will change in the BRD wallet app and as always, your funds are safe and secure.\u201d CEO Adam Traidman and co-founder Aaron Voisine wrote to BRD users on Wednesday, saying that some of [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":8361,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81,32],"tags":[5502,5501,5504,5503],"class_list":["post-14087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","category-crypto-exchange-news","tag-brd","tag-coinbase-2","tag-exchange-2","tag-wallet-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Coinbase-adds-phone-line-support-for-account-breach.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=14087"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/8361"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=14087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=14087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=14087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}