Coinbase is now your personalized guide to crypto taxes | by Coinbase | Jan, 2022

By Lucy Aziz, Product Manager, Coinbase Crypto taxes can be complicated. Last tax season, many customers told us they didn’t know if they owed taxes on their crypto activity, and those who did know found it manual and difficult to file. This tax season, we’re introducing a tax center so customers can understand and file their crypto taxes with more ease and confidence. Customers will see all of their taxable activity in one place to determine if they owe taxes, and how much. If they’ve taken more advanced steps like…

Proof of alignment. What we’ve already done to align… | by Coinbase | Jan, 2022

What we’ve already done to align ourselves with our customers, and what we’re doing next. By Paul Grewal, Chief Legal Officer Coinbase is committed to providing a fair, transparent and equal experience across our suite of trading products. We take a number of steps to ensure this, including: We do not coordinate asset listing decisions with anyone not directly involved with our review and listing process. This includes members of our management team that do not sit on our asset listing committee (the majority of Coinbase’s leadership team does not…

NYC Mayor to Receive 1st Paycheck in Crypto Converted via Coinbase

New York City’s new mayor Eric Adams said that his first paycheck will be converted into Bitcoin and Ethereum via Coinbase Global. The mayor – a major crypto proponent – made a promise last year during his election campaign that he would take his first three paychecks in cryptocurrency and strive to make New York the “centre of the cryptocurrency industry.” “New York is the centre of the world, and we want it to be the centre of cryptocurrency and other financial innovations,” said Adams, who was sworn in as…

NYC Mayor Adams to Receive Salary from Crypto, Converting Paycheck via Coinbase

New York City’s new mayor Eric Adams said that his first paycheck will be converted into Bitcoin and Ethereum via Coinbase Global. The mayor – a major crypto proponent – made a promise last year during his election campaign that he would take his first three paychecks in cryptocurrency and strive to make New York the “centre of the cryptocurrency industry.” “New York is the centre of the world, and we want it to be the centre of cryptocurrency and other financial innovations,” said Adams, who was sworn in as…

Coinbase’s NFT Platform to Allow Purchase With Credit & Debit Cards

Coinbase Global Inc will start allowing users to buy non-fungible tokens (NFTs) with credit cards and debit cards following its new partnership with Mastercard. To simplify the experience of buying NFTs in its new platform, Coinbase will allow users to do so without owning cryptocurrencies. The company has now accumulated more than 2.5 million people on its waitlist for its new platform since it announced the plan last October. Per its announcement from the official blog, Coinbase’s new plan has made it a challenger to leading NFT platforms such as…

Update to asset listing announcements

One of the most common requests we receive from customers is to be able to trade more assets on our platform. As we continue to add assets to our exchange and platforms we have decided that we will no longer post individual blog posts and will only use Twitter to announce new asset listings. Please make sure to follow @CoinbaseAssets for new asset announcements for Coinbase.com, iOS and Android apps, as well as Advanced Trading, Coinbase Pro, Coinbase Prime, Coinbase Custody and any new geo-fencing restrictions that may be lifted. Please…

Coinbase and Mastercard partner to revolutionize NFT purchase experience

By Prakash Hariramani, Senior Director, Product Our mission at Coinbase is to increase economic freedom in the world. By enabling more people to join the creator economy and profit from their work, NFTs (Non-Fungible Tokens) have an important role to play in this mission. However, the experience of purchasing an NFT remains complex for many users. Coinbase wants to simplify the user experience to allow more people to join the NFTs community. Just as we helped millions of people access Bitcoin for the first time in an easy and trusted way,…

Incident Post Mortem: November 19, 2021

Summary On November 19, 2021, Coinbase learned that it had erroneously credited some customers transacting in GYEN and POWR either 100x or 1/100th the amount they purchased. Coinbase promptly disabled trading in POWR and GYEN, worked around the clock to resolve the underlying technical issue, and then made adjustments in customer accounts to reflect the amount of GYEN and POWR that customers actually purchased. This incident affected approximately 0.0072% of Coinbase’s total verified users. What happened? On November 19 at approximately 4:00 p.m. EST, Coinbase updated an internal data source related…

Coinbase Expands Live Customer Support

By Casper Sorensen, Vice President, Customer Experience The following is the latest update in our series of blog posts describing our commitment to continuously improving our customer experience. In past blog posts we highlighted our ongoing journey to create more value for customers with our support experience. In 2021, we invested in providing improved support experiences by increasing our staffing, accelerating our response times, as well as adding dozens of educational resources to our help pages so customers can get the most accurate information on our products and services. In…

Coinbase Voices: Why I decided on a career in crypto

Coinbase Voices is a collection of employee stories that highlight the expertise of our Coinbase team and share their journeys to crypto. In this post, Carolina Verdelho, Senior Recruiting Manager, discusses her experience as an international recruiter and how she’s using it to help shape the future of Coinbase. Tell us about your journey to becoming a Sr. Recruiting Manager. What does your job entail? I’ve been in Recruiting for more than 15 years now, and have always worked with tech companies. I started my career in Brazil, working in traditional…