Grayscale cites security concerns for withholding on-chain proof of reserves

Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses. Go to Source Powered by WPeMatico

Europe’s Largest Telecom Provider Chooses to Leverage Coinbase Custody to Stake CELO Tokens

The largest telecommunications provider in Europe, Deutsche Telekom AG, announced on Monday that it will be leveraging Coinbase Custody to hold the firm’s celo tokens. Celo is a mobile-first platform that connects to decentralized apps, is EVM compatible, and the network allows holders to stake the crypto asset. While keeping the celo tokens with Coinbase … Read more

Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%

The Nasdaq-listed cryptocurrency exchange Coinbase has revealed record growth in its institutional business. “This year, interest from pension funds and hedge funds has skyrocketed, supported by the roll-out of crypto-ETPs as well as an increased understanding of the crypto economy,” said Coinbase. Coinbase Sees Interest From Institutional Investors Skyrocketing Cryptocurrency exchange Coinbase (Nasdaq: COIN) reportedly … Read more

Coinbase Custody to Support Dvision Network (DVI)

PRESS RELEASE. Blockchain platform Dvision Network has revealed that digital asset custodian platform ‘’Coinbase Custody’’ will be providing a cold-storage solution for its native token DVI. Major development for Dvision Network Dvision Network stated that the development had been in the works in recent months with the blockchain cooperating closely with the Coinbase Custody team … Read more

Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets

During the last 12 months, large cryptocurrency exchanges have been getting into digital currency staking and creating SHA256 mining operations. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto exchanges are staking proof-of-stake (PoS) coins, which have caused some grievances among … Read more

If You Don’t Trust Yourself, These Crypto Vaults Will Help You Hodl Safely

Hodling in difficult times has historically proven to be a long-term winning strategy. Keeping your cryptocurrency in your own cold storage is by default a good idea as far as security is concerned. But if you don’t trust yourself to not lose a small hardware device or a piece of paper, then there are alternatives … Read more

Coinbase Custody to Roll out Tezos Staking to International Users Soon

It was a matter of time until Coinbase extended the functionality of Tezos staking on a much larger scale. It now seems that the company has made its first move in this regard. On Twitter, a message confirming Coinbase Custody will become an international staking service, was provided this week. Coinbase Custody Goes International This … Read more

How Institutional Investors Are Changing the Cryptocurrency Market

Institutional investors trading cryptocurrency gained ground in 2018, with a number of high profile players edging in and taking a seat at the table. Increased interest from larger investors may have played a part in supporting digital assets as well as distorting the market.  Also Read: KPMG: Institutional Investment Key to Cryptoassets Growth Will Crypto Markets … Read more