BAT Price Surge Sparks new Coinbase “Insider Trading” Conspiracy

Even though the vast majority of cryptocurrency markets have not noted any major gains, Basic Attention Token is getting a lot of attention. The token is now officially ‘live” on Coinbase Pro, and a listing on Coinbase seems imminent. Even so, not everyone sees merit in this token or its listing, which is only to … Read more

The Daily: Coinbase Launches Investment Fund, Cointext Enters New Markets

In this edition of The Daily, we look at Coinbase’s decision to create a new investment vehicle for institutions in partnership with asset manager Wilshire Phoenix. We also cover the expansion of bitcoin cash SMS wallet service Cointext into four new markets. Also, New Zealand’s financial regulator has issued a warning against a platform offering … Read more

Digital Asset ATM Provider Coinsource Acquires Bitlicense

Coinsource announced on Thursday that it has become the first digital asset ATM provider to be granted a Bitlicense in the state of New York. The company joins 12 other organizations that have already received the license for virtual currency businesses from the New York Department of Financial Services (NYDFS). Also read: Anypay Provides BCH Invoices That … Read more

Coinbase Predicts $1.3 Billion In Revenue, Weeks After Being Valued At $8 Billion

Cryptocurrencies may have shed three-quarters of their market capitalization from January to date, but one company is rising from the ashes like a phoenix and raking in the big numbers. Occupying three floors in San Francisco’s Market Street, U.S’ largest cryptocurrency exchange has been steadily growing since it was founded in 2012. And now, despite … Read more

Coinbase Raises $300 Million, Reaching $8 Billion Valuation

The San Francisco-based cryptocurrency exchange and brokerage service Coinbase announced on Tuesday that it had raised $300 million in series E equity funding. This latest round confirms Coinbase’s status as the largest cryptocurrency organization of its kind, bringing its market valuation up to $8 billion. Also read: Bitstamp Confirms Acquisition by South Korean Company Coinbase Raises … Read more

The Daily: Coinbase Reportedly Cuts Staff, Telegram Loses Appeal Against Ban

In this edition of The Daily, we cover reports that the U.S. exchange Coinbase has laid off some of its remote workforce. We also look at news that Bitfury is considering holding an initial public offering like Bitmain. Also, a court in Moscow has reject an appeal against the ban imposed on the popular messenger … Read more