8Pay vs Coinbase vs BitPay: Cryptocurrency Merchant Payment Comparison

8Pay is a crypto payment solution like no other. Designed for B2B, B2C and P2P, it enables one-shot and recurring payments to be created and settled quickly – all controlled in a permissionless manner via smart contracts. There are several key differences between 8Pay and current merchant payment solutions. To demonstrate how 8Pay fits into the crypto payment ecosystem, and what differentiates it from the market leaders, we’ve undertaken a competitor comparison. Join us as we consider the strengths and weaknesses of Coinbase and BitPay’s crypto payment solutions, before finishing…

Coinbase CEO Wants Firm to Move Beyond Trading in Next 5 Years

Brian Armstrong, CEO of major American crypto exchange and wallet service Coinbase,  believes that the firm will be less about trading and more about adoption five years from now. Armstrong wants the firm to connect people in crypto industry  In an AMA session on July 19, Armstrong presented his vision of the company in five years, claiming that he sees Coinbase as not just a crypto trading service provider, but rather a more universal entity driving adoption to crypto. Armstrong pointed out Coinbase’s mission to help grow the global crypto…

Coinbase Drops Its Crypto Bundle Product Without Any Explanation

Major United States-based crypto exchange Coinbase has discontinued its Coinbase Bundle crypto investment offering, the platform’s updated FAQ site reveals. Coinbase Bundle product is no more Reasons for discontinuation of the product — which had only just launched in fall 2018 — have not been officially provided, with the exchange simply notifying users that: “Coinbase Bundle purchases have been deprecated, as such all assets purchased in the Coinbase Bundle have been redistributed to their respective individual asset wallets.” In a further comment, Coinbase says that while users will no longer…

Coinbase Announces Three Data-Based Trading Signals for Users

American cryptocurrency exchange and wallet service Coinbase announced that it has released aggregated data in the form of three trading signals to its customers. Coinbase announced the new offerings in an official blog post on July 17. The three trading signals that are being offered are top holder activity, typical hold time and popularity, and price correlation. The purported aim of each of these offerings is to allow investors to create more informed trading strategies, by means of insights that go beyond raw price metrics. The typical hold time signal,…

Coinbase Deposits for UK Users Now Take 10 Days, Must Be Over £1,000

United States cryptocurrency exchange Coinbase has abruptly imposed a minimum deposit amount of 1,000 British Pounds ($1,240) for United Kingdom account holders, staff confirmed in private emails on July 16. Coinbase Suspends Faster Payments Deposits in U.K. Coinbase, which previously allowed U.K. users to deposit fiat funds via the country’s Faster Payments settlement system, has now suspended the service, they said. Instead, users must use the standard international transfer option, sending funds via SWIFT, subject to a minimum payment amount of 1,000 GBP.  In the emails seen by Cointelegraph, Coinbase…

During $1,500 Bitcoin Dump, Coinbase Whales Were Buying BTC

Coinbase Whales Bought the Bitcoin Dump Bitcoin hasn’t had the best week. After rallying past $13,000 for the first time in over a year, the cryptocurrency stumbled. Hard. After flirting with the $13,000 price point for all of some six hours, Bitcoin fell, tanking by $2,000 in the following day. In fact, as of the time of writing this, BTC sits at $11,800, basically flat on the day, but wayyyy down on the week. It isn’t too clear what triggered the sell-off. Some have looked to comments from both the…

Commercial Debt Market Cadence is Live with Coinbase Ventures One of the Backers

Photo: Cadence / Instagram Just recently Cadence announced that they are leaving the test phases and going live with their new marketplace for commercial debt. Now all institutional and accredited investors can apply for packages of short-term loans for whatever they need to cover. “Cadence is doing its part to help power the growth of small to medium-sized enterprises by providing them market-driven cost efficiencies,” explained Cadence founder and CEO Nelson Chu. The interesting part is that the loan packages are transparent thanks to the Ethereum blockchain. Not only this,…

Blockchain Firm Near Raises $12M From Coinbase Ventures, Xpring and Others

American blockchain firm Near has raised over $12 million in its Series A round from a range of high-profile investors, including Coinbase Ventures and Pantera, according to a press release on July 10. Near — a startup that develops a public, proof-of-stake (PoS) blockchain focused on usability and scalability — has secured $12.1 million from industry players such as Coinbase Ventures, the investment arm of crypto exchange Coinbase, investment firm Pantera Capital, crypto hedge fund Multicoin, and Ripple’s developer ecosystem project Xpring, among others. Unlike an initial coin offering-like approach,…

Coinbase Looks to Launch a Captive Insurance Company With Aon: Report

United States’ biggest cryptocurrency exchange, Coinbase, is reportedly looking to launch a captive insurance company, industry news outlet Coindesk reports on July 10. Per the report, industry sources told the outlet that Coinbase is looking to launch its captive insurance company in partnership with insurance brokerage firm Aon.  According to accountancy news outlet CPAJournal, “a captive insurance company is a subsidiary formed by a private company to finance its retained losses in a formal structure under the guidance of an appropriate state insurance department.” Such a solution allows the company…

Coinbase Competition Grows as Veteran CEX.io Launches US Office

Users of long-time Coinbase competitor CEX.io will have gotten an e-mail today informing them of the exchange’s decision to open a U.S. entity. It’s official!https://t.co/OPoleqNuJO has received a Money Transmitter License in 9 more states: Iowa, Kansas, New Mexico, Oklahoma, South Dakota, West Virginia, Maryland, Alaska, and New Hampshire.Welcome to secure and regulated #crypto trading! pic.twitter.com/xqxe0vq3mP — CEX.IO (@cex_io) July 5, 2019 Easy On-Ramps Everywhere You Look As one of the few exchanges to accept credit cards for several years now, CEX has finally decided to launch a U.S. wing.…