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“# Coinbase acquires crypto exchange data aggregator Zabo ” Nasdaq-listed cryptocurrency exchange Coinbase continues its buying spree by acquiring cryptocurrency aggregator service Zabo. According to a Wednesday announcement, Coinbase has started the process of acquiring Zabo, a Dallas-based cryptocurrency startup providing data integration services with major crypto exchanges and wallets, including Coinbase’s rival Kraken. The…
“# New study reveals high demand for payments in cryptocurrency ” Payments in cryptocurrencies like Bitcoin (BTC) make up one of the biggest use case demands among consumers alongside long-term investment, according to new data. Pymnts, a major payments-focused publication, released Monday a report on consumer preferences regarding cryptocurrency payments. Dubbed “Cryptocurrency Payments Playbook: Cryptocurrencies…
“# COIN price fails to impress as more crypto firms are eager to go public ” 2021 has been a rollercoaster year for the crypto industry, with Bitcoin (BTC) scaling up to an all-time high of $65,000 earlier this year in April, only to dip down to the sub $30,000 zone just months later. However,…
“# ETH’s trading volume grew much faster than BTC’s in first half of 2021 ” The world’s second-largest crypto asset has gained ground on Bitcoin in terms of trading volume growth during the first half of this year according to a new report. Ethereum’s trading volume grew faster than Bitcoin’s in the first half of…
“# Coinbase and top execs face securities class action over Nasdaq listing ” A Coinbase shareholder has filed a securities class action against Coinbase for allegedly misleading investors ahead of its public listing about the company’s financial state and resilience as a crypto trading platform. Filed by law firm Scott + Scott in California Northern…
“# Dogecoin becomes the 7th cryptocurrency accepted on Coinbase Commerce ” Coinbase Commerce, the e-commerce arm of the United States-based crypto exchange, has added support for Dogecoin payments. According to a Twitter announcement, Dogecoin became the seventh cryptocurrency for merchants to accept payments on Coinbase’s e-commerce portal. The platform currently supports Bitcoin (BTC), Bitcoin Cash…
“# Coinbase sued over Dogecoin Sweepstake ad Campaign ” A Coinbase user has filed a class action lawsuit seeking $5 million in damages because of an allegedly misleading Dogecoin campaign. In the legal document, David Suski, the plaintiff, said he was deceived into trading $100 of Dogecoin (DOGE) for an entry into a $1.2 million…
“# Crypto offers more freedom, Coinbase CEO responds to DOGE creator ” Brian Armstrong, co-founder and CEO of Nasdaq-listed cryptocurrency exchange Coinbase, took to Twitter to respond to a recent attack on crypto by Dogecoin (DOGE) co-creator Jackson Palmer. In a Twitter thread on Thursday, Armstrong pointed out some of the biggest benefits of cryptocurrencies…
“# Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May ” Prior to the Federal Reserve announcing it would release a discussion paper on a central bank digital currency, chairperson Jerome Powell met with Coinbase CEO Brian Armstrong. According to Powell’s meeting calendar which was made public on Friday, the…
“# Strike to offer ‘no fee’ Bitcoin trading, taking aim at Coinbase and Square ” Payments platform Strike has announced that it will allow U.S. customers to buy and sell Bitcoin with almost no trading fees from today. In an announcement on July 1, Strike founder and CEO Jack Mallers launched a salvo at leading…