Category Archives: coinbase

Coinbase Acquires Digital Identity Startup Distributed Systems

Coinbase has acquired Distributed Systems, a San Francisco-based digital identity startup, the company announced Wednesday. Distributed Systems has already been working on “decentralized identity solutions,” Coinbase Identity project manager B Byrne wrote in a blog post. The startup’s five-person team will join a unit within Coinbase that is dedicated to developing digital identity solutions. Blockchain can help individuals maintain complete

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Coinbase Continues To Add 50,000 Users a Day During Bear Market

While the cryptocurrency market has tanked in recent months, many cryptocurrency advocates remain unfazed, with some claiming that the adoption rates will only continue to swell. Critics may classify this sentiment as unwarranted optimism, but Coinbase CEO Brian Armstrong has recently disclosed figures that allude to the fact that the cryptocurrency market is set on growing. Coinbase Signs Up 50,000

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Coinbase lowers fees to attract more institutional investors

Coinbase, the California-based cryptocurrency exchange and wallet provider, has a strong hold on the US crypto market. It is currently the largest in the country and hopes to remain the largest. In an effort to keep enhancing its offerings, Coinbase announced in a blog post Monday a few changes to its Index Fund that are certainly going to make current

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Technical: How Coinbase Handled Scaling Challenges on Their Exchange

Note: This article is quite technical and oriented for coders. Coinbase, a digital currency exchange, faced scaling challenges on their platform during the 2017 cryptocurrency boom. The engineering team focused on upgrading and optimizing MongoDB, traffic segregation for hotspots to resolve them, and building capture and replay tools to prepare for future surges. Customer traffic spiked to higher than the anticipated levels at Coinbase during

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What Does Facebook Exec’s Departure From Coinbase Board Mean For Crypto?

“Facebase” might’ve been a fictional company name that you heard after David Marcus of Facebook joined Coinbase’s board, as speculation was rampant regarding the potential for collaboration between the two firms. But for now, it seems that any chance of collaboration between the two companies may be ending, as the executive of the social media firm has just resigned from

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Crypto Week In Review: SEC Delays Bitcoin ETF, Goldman Sachs Enters Market

Although the past week was rather quiet for the cryptocurrency industry, the price action seen throughout the past few days seems to tell a different story, with Bitcoin trading within a hefty $1,400 range. SEC Shoots Down VanEck ETF Proposal, Issues 45 Day Delay On Tuesday afternoon, the SEC released a document revealing that it would be delaying its verdict

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The Weekly: Coinbase Increases Limits, Shapeshift Acquires Bitfract, Okex Launches Coinall

In this week’s daily editions of Bitcoin in Brief we reported about Coinbase increasing trading limits, Shapeshift acquiring Bitfract, Okex launching a white label platform called Coinall, and much more. The most commented-on article during the week covered the ‘Rich Dad, Poor Dad’ author, Robert Kiyosaki, which came out in favor of cryptocurrencies. Also Read: Opera Browser Opens Its Built-in

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Facebook’s David Marcus Quits Coinbase to Avoid ‘Appearance’ of Conflict of Interest

Facebook’s David Marcus Quits Coinbase to Avoid ‘Appearance’ of Conflict of Interest Facebook blockchain head David Marcus announced he was quitting his position on the board of U.S. cryptocurrency exchange Coinbase Friday, August 10, in a statement seen by various media outlets. Marcus, who joined the exchange’s board in December 2017 and took on a blockchain research group at Facebook in May, said he now thinks it is… The post Facebook’s David Marcus

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Facebook Interest in Blockchain Tech Gaining Momentum

David Marcus of the Facebook blockchain research team announced today that he is removing himself from Coinbase’s board of directors. This is in order to avoid any conflict of interest between his now-former company and Facebook, as the latter continues their foray into blockchain technology. according to TechCrunch on Friday, Marcus’ resignation represents a step forward for Facebook’s crypto efforts, as

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Facebook’s David Marcus says, “it was appropriate for me to resign from the Coinbase board,”

Recently, Facebook announced a blockchain project that the platform is planning to build and develop. A few months after the announcement, David Marcus, the board member at the leading cryptocurrency platform Coinbase, quit the company to focus on Facebook’s blockchain department. Marcus reportedly made a statement wherein he said that he wants to dedicate his focus to the blockchain team

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