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Coinbase


Coinbase has formally launched a new index fund product aimed at large investors. Announced Wednesday in a blog post by product lead Rueben Bramanathan, the Coinbase Index Fund is now “open for investments” with a minimum required investment of $250,000. The fund will give investors access to all of the assets currently listed on Coinbase, which …

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Blockchain startup Swarm announced Wednesday that it was launching new “equity tokens” that would represent equity in notable blockchain startups like Coinbase and Ripple – but those companies have pushed back swiftly against the idea. The “blockchain for private equity” company published a blog post describing its new token project, with chief executive Philipp Pieper explaining …

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The price of ethereum classic, the cryptocurrency that was hard forked off the ethereum blockchain in July 2016, surged for 25 percent on Tuesday, following the news that it is being added to crypto exchange Coinbase for trading. The U.S. exchange announced on Tuesday morning in a blog post that it is now starting the …

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Cryptocurrency exchange Coinbase announced Wednesday that it was *making strides toward its goal* to operate a federally regulated broker-dealer. Chief operating officer and president Asiff Hirji wrote in a company blog post that the firm is in the process of acquiring a broker-dealer license, an alternative trading system license and a registered investment advisor license. …

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A judge in the U.S. District Court for the Southern District of Florida has reopened a case involving cryptocurrency startup Coinbase and the now-defunct exchange service Cryptsy. Cryptsy collapsed in early 2016 amid allegations of fraud and mismanagement and claims that it had been hacked and subsequently drained of its funds. That decline – preceded …

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Cryptocurrency startup Coinbase is officially headed to Japan. The company announced Monday that Nao Kitazawa would serve as chief executive of Coinbase Japan as part of its expansion roll-out to that market in a blog post. Coinbase first announced in 2016 that it would open services in Japan, following an investment of $10.5 million from a …

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Social media platform Reddit is planning to reinstate cryptocurrency as a payment option for its gold members – and this time bitcoin won’t be the only option. In an interview with Cheddar on Thursday, the site’s chief technology officer, Chris Slowe, said that, while bitcoin’s spiking transaction fees and an integration issue with its cryptocurrency payments processor …

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Coinbase, the U.S.-based cryptocurrency exchange startup, has posted part of its response to New York Attorney General Eric Schneiderman’s ongoing inquiry. “We applaud the [Office of the Attorney General] for taking action to bring further transparency to the virtual currency markets,” Coinbase’s chief legal and risk officer Mike Lempres wrote in a five-page letter. Schneiderman’s …

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Coinbase has lost another appeal in a lawsuit brought by former customers of the defunct cryptocurrency exchange Cryptsy, and the case will now proceed to a jury trial. An appeals court in Georgia on Monday affirmed a lower court’s denial of Coinbase’s appeal of the case, which blames the company for failing to stop Cryptsy’s …

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For over two years, Coinbase users in Wyoming have been unable access their cryptocurrency. “I’d venture to guess I lost $100,000 to this bullshit law,” one resident complained on Reddit. It was out of the blue, too, when in June 2015 the U.S.-based exchange suddenly suspended services for Wyoming residents. This was after state regulators …

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Online travel booking agency CheapAir.com said Friday that it will switch bitcoin payment processors following a services change by Coinbase. CheapAir.com – which began accepting bitcoin back in 2013, a first for the global travel industry – explained the move in a blog post that revealed it was eyeing a move to accept bitcoin payments …

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Cryptocurrency exchange Coinbase hired a new chief financial officer. Alesia Haas, the former CFO at Oz Management and OneWest Bank, will take on the role at Coinbase effective immediately, the company said in a blog post on Tuesday. At the same time, Haas is set to assist Oz with the transition through June 1. Coinbase’s president …

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New York’s attorney general is taking a closer look at some of the world’s most popular cryptocurrency exchanges. Attorney General Eric Schneiderman announced the “Virtual Markets Integrity Initiative” on Tuesday, saying it was “a fact-finding inquiry into the policies and practices” of cryptocurrency trading platforms. Letters were sent to 13 exchanges, seeking information about their “operations, …

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Cryptocurrency startup Coinbase has announced the acquisition of Earn.com, one of the industry’s best-funded startups. A statement released on Monday confirms a previous CoinDesk report in which sources said that Coinbase and other potential buyers were in talks to acquire Earn.com, formerly known as 21 Inc. 21 Inc previously ran a bitcoin mining operation, powered by technology from …

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“If you or your engineer friend is bored at BigTechCo, get in touch.” The tweet, sent out by Coinbase vice president and general manager Dan Romero, represented a rare request from the San Francisco-based exchange. Despite building on various cryptocurrency protocols for years, it was perhaps the first time the company had signaled it would …

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Coinbase always seemed destined to add litecoin. Even amidst an early sea of competing cryptocurrencies cloned from the bitcoin codebase, litecoin had secured a special place. Early adopters used it as a way to extend bitcoin gains and test out the tech, while effective marketing attracted mainstream interest (even without the technology offering much in the …

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Cryptocurrency exchange Coinbase has acquired mobile ethereum wallet Cipher Browser, the companies announced on Friday. Cipher Browser, which also offers a Web 3 decentralized app (Dapp) browser, said it would further merge many of its features with Toshi, the decentralized mobile browser launched by Coinbase developers. In addition, Cipher browser founder Peter Kim will become the …

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Coinbase has hired a new vice president of communications, the cryptocurrency startup announced Monday. Rachael Horwitz joins the company from Spark Capital, a Coinbase investor. She previously held high-level communications roles at Facebook and Twitter. “Incredibly grateful and excited to join Coinbase as the company’s Vice President of Communications,” Horwitz wrote on LinkedIn. “An amazing …

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Phil Karter, a former Justice Department Tax Division trial lawyer, is currently a partner in the Philadelphia Office of Chamberlain Hrdlicka. Kevin F. Sweeney, a former federal tax prosecutor, is a senior counsel in the same office. The following article is an exclusive contribution to CoinDesk’s Crypto and Taxes 2018 series. On February 23, Coinbase, …

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Cryptocurrency startup Coinbase said Thursday that, in the coming months, it will let customers withdraw funds resulting from forks of the bitcoin network. In a blog post, the startup announced that it was adding withdrawal support for the forks, though the post did not announce a firm timeline. “This change will allow customers to more …

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