Coinbase Says It’s Focusing on Digital Wallet, NFTs and More To Accelerate Crypto and Web3 Adoption

Top US-based crypto exchange Coinbase says it’s focusing on accelerating the adoption of crypto assets and Web3 protocols. In a new company blog post, the second-largest digital asset exchange in the world says its goal is “serving as the bridge” to Web3 for its customers by “supercharging” the key building blocks. First, Coinbase says it will focus on upgrading the safety of its proprietary crypto wallet as bad actors have recently been airdropping tokens into user wallets, attempting to lure them into websites that would compromise their safety. “We recently…

Coinbase Study Reveals Global Law Enforcement Inquiries Skyrocket

  The cryptocurrency exchange has claimed that the total number of queries has increased by 66 percent, with the United States contributing to the rise of inquiries by a significant margin; the United States, along with three European nations, made up 80% of all requests. The most recent transparency report that was published by Coinbase discloses that the company has seen an increase in the number of information requests from law enforcement agencies over the course of the prior year. The United States of America was the country that submitted…

Coinbase Gets Singapore Digital Payment Token License

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Coinbase Partners with Chainlink Labs to Launch NFT Floor Price Service

Blockchain infrastructure protocol Coinbase Cloud and decentralized oracle network Chainlink Labs have teamed up to launch an NFT floor price feed service. The partnership will introduce the NFT lowest pricing source in the Coinbase cloud service, allowing developers to access real-time NFT prices to build applications such as NFT lending marketplaces, such as NFT indices. The floor price of NFT represents the lowest purchase price of NFTs in a collection. Its feed service utilizes Coinbase Cloud’s NFT pricing algorithm to scan every NFT transaction in major market collections, estimate the current…

In response to the Wall Street Journal | by Coinbase | Sep, 2022

Tl:dr Earlier today, the Wall Street Journal published an article highlighting client-driven activities, which they seem to confuse with proprietary trading. Unlike many of our competitors, Coinbase does not operate a proprietary trading business or act as a market maker. In fact, one of the competitive strengths of our Institutional Prime platform is our agency only trading model, where we act only on behalf of our clients. As a result, our incentives and our clients’ incentives are aligned by design. Coinbase does, from time to time, purchase cryptocurrency as principal,…

Coinbase Cloud launches platform for web3 developers | by Coinbase | Sep, 2022

Starting today, developers have free and instant blockchain API access with Node by Coinbase Cloud TL;DR: Coinbase Cloud enables web3 developers to build their web3 applications with instant and reliable read/write blockchain access using Node. By Luv Kothari, Group Product Manager, Coinbase Cloud; Sriram Raman, Product Manager, Coinbase Cloud Web3 development is complex. One needs to learn new programming languages, blockchain technologies, and on top of that, there are many protocols to support. Coinbase Cloud is committed to helping Web3 developers do what they do best… BUIDL. That’s why we’re…

What Web3 Identity Needs. TL;DR: To create an open financial… | by Coinbase | Sep, 2022

TL;DR: To create an open financial system for the world, we need to ensure web3 is usable by everyone. This means building an identity experience that’s intuitive, forgiving, and trustworthy, combining the best of web2 and web3. Our first step is to make it easy for anyone to claim a web3 (ENS) username for free, but there’s more work to be done. By Alex Reeve, Group Product Manager, Identity If you’ve used crypto, you’ve probably experienced the anxiety that comes from sending tokens or NFTs to intimidating 42-character addresses like…

Coinbase podría registrar ingresos de US$1200M el próximo año por la suba de las tasas de interés, según JPMorgan

Solo la alianza entre Coinbase y Circle, el emisor de USDC, podría contribuir con alrededor de US$700 de ingresos adicionales, estimó JPMorgan. Las dos compañías se unieron en 2018 para formar una empresa conjunta llamada CENTRE Consortium, la cual incluía una participación en los ingresos generados por los intereses de las reservas de USDC. Author: Michael Bellusci Source link