Farewell GDAX, Hello Coinbase Pro

It has been coming for some time now, but GDAX is finally rebranding to Coinbase Pro. Although the functionality will remain largely the same, this new platform will potentially attract more users. It is an important development for Coinbase as a company. So far, some users are reporting major site issues, which doesn’t bode well. … Read more

April Spooked Cryptocurrency Investors as Desire to Cash out Soared

Cryptocurrency exchanges are an excellent way of converting between fiat currency and cryptocurrency. In most cases, one would expect users to buy cryptocurrency, rather than convert it to cash. For Coinbase, the month of April proved to be very different in this regard. Coinbase’s Outflow of Funds Is Very Real Whenever the going gets tough … Read more

The Daily: Swiss Crypto Vault, Huobi Opens in London, Malta Approves Crypto Bills

In Saturday’s Bitcoin in Brief, we cover some of the new expansion plans of leading cryptocurrency trading platforms. Singapore-based Huobi has confirmed its intentions to open an office in London, and US exchange Coinbase is about to do the same in Portland, Oregon. Also, a new crypto vault in Switzerland offers safe storage for cryptocurrencies, … Read more

Uphold Buys a New York Broker-Dealer to Offer Securities Trading Services

As many cryptos such as Ripple fight to prevent their native digital tokens from being classified as securities by the SEC, other stakeholders are preparing for the worst. One of them is Uphold, a cloud-based digital money platform that allows its users to send and receive eight cryptocurrencies as well as over 30 other fiat … Read more

Bitcoin in Brief: Exchanges Expanding, Brave Adds Tor, Tether Double Spent

If you thought that only proof of work coins were susceptible to double spending attacks, you haven’t met tether. The world’s ninth largest crypto by market cap and second largest by volume is meant to be a haven in a sea of uncertainty, but even it’s not immune to jiggery-pokery, as we’ll learn in today’s … Read more

Bitlicense Should be Smashed, Candidate for New York Governor Urges

Since the infamous Bitlicense was put into effect, the ecosystem has fought for its removal. It turns out to be much harder in practice than in theory to oust a law once it’s put into effect. The good news is groups like Startup Cities are on the case. They’ve snagged a candidate for governor to … Read more

Bitcoin Price Watch: Currency Spikes by $100

At press time, the father of cryptocurrencies is up to $6,100. That’s about $100 more than where it stood during yesterday’s afternoon hours. The currency seems to be incurring small changes each day: $100 here, $200 there, etc. Thus far, the coin is going through a rough patch of weak trading and low volumes, and … Read more

Coinbase Founder Launches Cryptocurrency Fueled Charity ‘Givecrypto’

On June 27 the CEO and co-founder of Coinbase, Brian Armstrong, announced the launch of a new cryptocurrency powered charity called Givecrypto.org. Armstrong says he’s always believed in the power of cryptocurrency funded philanthropy and explains the new nonprofit is all about empowering, educating, and elevating global communities.   Also read: Cryptocurrency Firm Circle Sees Institutional … Read more