Coinbase, Kraken Join Major Exchanges Supporting Ethereum Constantinople Hard Fork

Major United States cryptocurrency exchanges Coinbase and Kraken became the latest to confirm support for Ethereum’s (ETH) Constantinople hard fork, both announcing on Twitter, Jan. 14. The two major exchanges join Binance, Huobi and OKEx in pledging to monitor the event, which will trigger at Ethereum block height 7,080,000, expected this week. “Coinbase intends to fully support the Constantinople Ethereum (ETH) upgrade,” staff wrote in the post, adding: “Upon commencement of the upgrade, for security and technical purposes, we will temporarily pause sending and receiving ETH across all of our…

Coinbase CEO Champions Top Coin on Its 10th Birthday

Brian Armstrong, founder and CEO of United States cryptocurrency exchange Coinbase, has confessed that “Bitcoin is my first love” in a series of tweets commemorating the coin’s 10th birthday, Jan. 3. Summing up a thread in which he explained how he entered the industry and built one of its most successful firms, Armstrong wrote: “Bitcoin is one of the most important inventions of all time and has launched a global movement. It’s awesome to see an entire ecosystem spring up around it, but Bitcoin is my first love.” Armstrong pointed…

Coinbase Exec Joins Stablecoin Issuer TrueUSD as Head of Compliance

A former senior employee at United States crypto exchange Coinbase has left the industry giant to join stablecoin issuer TrustToken as head of compliance, according to the company’s official website Jan. 4. Vaishali Mehta, whose LinkedIn profile indicates she served just over a year as senior compliance manager at the major San Francisco-based exchange, reportedly joined TrustToken in December 2018. Trust Token is the issuer of TrueUSD (TUSD), which has been listed on top crypto exchange Binance as of last May. The listing makes it a relatively early entrant amid…

Coinbase Exec Leaves Crypto Exchange for Stablecoin Issuer

Another Coinbase employee has left the cryptocurrency industry unicorn for a smaller startup. Vaishali Mehta, who worked as a senior compliance manager at Coinbase from November 2017 to November 2018, joined TrustToken last month as head of compliance. “Crypto is an exciting place and I have been lucky to have been a part of this ‘madness,’” Mehta told CoinDesk through a spokesperson. “I really related to TrustToken’s vision to foster a new financial future which is resilient to fraud, failure and greed.” TrustToken, the company behind the TrueUSD stablecoin, confirmed the…

Coinbase CEO Armstrong Pledges to Give Crypto Wealth to Charitable Causes

Coinbase CEO Brian Armstrong has joined other super-wealthy individuals in pledging to donate much of his net-worth to charitable or other causes. In a blog post on the website of The Giving Pledge – founded by Bill Gates and Warren Buffet to encourage the rich to donate their wealth to worthy causes – Armstrong said: “Once a certain level of wealth is reached, there is little additional utility from spending more on yourself. … Whether it’s through improving education, creating a more level playing field, or increasing economic freedom, I’m interested in…

Coinbase CEO First Crypto Entrepreneur to Join Buffet-Founded Billionaire Charity Pledge

Coinbase CEO Brian Armstrong has become the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge, CNBC reports Friday, Dec. 21. Founded by moguls Bill Gates and Warren Buffett, the Giving Pledge campaign is now for the first time supported by a representative of the crypto industry, with Armstrong joining more than 180 pledgers including Elon Musk, Ray Dalio, Bill Ackman and Michael Bloomberg. Aiming to inspire wealthy people all over the world to give at least half of their net assets to philanthropic causes, The Giving Pledge…

Giving back now and building for the future – The Coinbase Blog

As we sunset the 12 Days of Coinbase, we are thinking deeply about our role in building an open financial system. We do that by highlighting a variety of developments in crypto and impacting the future of blockchain development. That’s why our final announcement is about what crypto can do now, and our hopes for a more inclusive blockchain. Supporting survivors of domestic abuse with crypto Throughout the 12 Days of Coinbase, we’ve donated crypto to communities underserved by traditional finance. We’re culminating our campaign by donating $25,000 worth of Bitcoin…