Chinese Wallet Imtoken Holds $20 Billion in Coinbase Customer Assets

In a recent interview, Ben He, the founder of major Chinese Ethereum wallet provider, Imtoken, discussed his company’s growth. $35 billion worth of crypto assets are currently held in Imtoken wallets – including funds owned by major cryptocurrency companies such as Coinbase. Imtoken also recently announced that it has received $10 million USD from IDG … Read more

Coinbase Unveils Plans to Enter the Japanese Market

One of the largest US cryptocurrency companies, Coinbase, has unveiled its plans to enter the Japanese market in order “to accelerate the global adoption of cryptocurrency.” The company has been in talks with the country’s financial regulator to ensure compliance. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Opens Office in Japan Coinbase … Read more

Ethereum Wallet ImToken Has $35B in Deposits, More Than 99% of US Banks

China-based ImToken, one of the first cryptocurrency and Ethereum wallets to be listed on the Apple App Store, has processed more than $35 billion in deposits over the past few years, surpassing Coinbase. Similar to Blockchain, MyEtherWallet, and MyCrypto, ImToken is a free and non-custodial wallet that enables users to store, send, and receive cryptocurrencies … Read more

Crypto Index Funds are Here (But Most Come with Eligibility Requirements)

Day trading cryptocurrency isn’t for everyone. For that reason, as well as to reach a new group of investors, many exchanges are launching their own crypto index funds. Managing multiple cryptocurrencies is time-consuming, with so many options available and so much research necessary. Index funds are based on the overall performance of a group of assets, rather than … Read more

Coinbase’s Decentralized Exchange Acquisition Is a Shortcut to List ERC20 Tokens

As reported here on May 24, the world’s biggest cryptocurrency brokerage and trading platform, Coinbase, acquired decentralized cryptocurrency exchange Paradex. Intent to Add Tokens In an official announcement, Coinbase CEO Brian Armstrong stated that the acquisition of Paradex was part of a larger Coinbase initiative to expand globally and serve customers outside of the US. “The move … Read more

Coinbase Rebrands GDAX to Coinbase Pro With Added Features

Coinbase has announced the launch of Coinbase Pro, the rebranded version of GDAX, which the San Francisco-based exchange describes as easier to use and more intuitive. The announcement was made in a blog post and was later confirmed by the company’s president and COO, Asiff Hirji, in an interview with CNBC. David Farmer, the new general manager of Coinbase … Read more

Coinbase Acquires Decentralized Exchange Paradex

Coinbase is one of the bigger household names in the world of cryptocurrency. The company is best known for offering its cryptocurrency exchange services to consumers from all over the world. However, even major companies have to keep evolving. As such, the firm recently acquired one of its smaller competitors, Paradex. An Interesting Acquisition by … Read more

Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex

On Wednesday, May 23 the San Francisco based exchange Coinbase announced the acquisition of a decentralized digital token relay-trading platform called Paradex. Alongside adding the decentralized exchange (Dex), the firm has also revealed it is retiring the name GDAX and that platform will soon be known as ‘Coinbase Pro.’ Also Read: Markets Update: Stormy Weather Continues … Read more

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