Tag: Coinbase

Coinbase Disables Mobile NFT Trading, Citing Apple’s App Store Policies

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Coinbase Disables Mobile NFT Transfers, Citing Apple’s App Store Policies

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Coinbase clarifies bug bounty policy in response to Uber extortion verdict

boss

In a blog post on November 30, Coinbase sought to clarify its bug bounty program policies in response to the recent Uber data breach verdict. The company stated that it still welcomes “responsible” disclosure of security issues, but users who abuse this process will not be awarded bug bounties: “The key word in all of this is ‘responsible’. In the wake of the recent Uber verdict, there is a lot of concern in the industry about bug bounty submissions becoming extortion attempts. At Coinbase, […] we’ve put a lot of…

Coinbase Drops XRP & Other Tokens, Cites Low Activity

boss

As the FTX saga continues, all eyes are on crypto exchanges: Coinbase, Crypto.com, Binance and the like all have hefty sets of eyes on their next moves. There is plenty to be said for the state of crypto exchanges today, but Coinbase’s announcement of the delisting of several tokens: BCH, ETC, XLM, and XRP. Let’s dive into the state of crypto exchanges currently, and more on Coinbase’s latest announcement. Exchange: Status Check While Binance CEO Changpeng ‘CZ’ Zhao has seized the spotlight as crypto’s ‘main character’ lately, Crypto.com’s leadership team –…

Binance, Coinbase Among Crypto Firms Questioned by US Senator After FTX Mess

“As Congress considers much-needed regulations for the crypto industry, I will focus on the clear need for consumer protections along the lines of the assurances that have long existed for customers of banks, credit unions and securities brokers,” Wyden said in the letters. “If these protections had been in place before the failure of FTX, far fewer retail investors would be facing precipitous financial harm today.” Source

Coinbase Wallet will stop supporting BCH, ETC, XLM and XRP, citing ‘low usage’

boss

Coinbase Wallet will no longer support four major tokens as of Dec. 5. In a Nov. 29 notice on its help pages, Coinbase said the wallet will no longer support Bitcoin Cash (BCH), XRP (XRP), Ethereum Classic (ETC) and Stellar Lumen (XLM), as well as their associated networks. The crypto firm cited “low usage” of the four tokens in its decision. “This does not mean your assets will be lost,” said the announcement. “Any unsupported asset that you hold will still be tied to your address(es) and accessible through your…

Coinbase Launches New Initiative To Promote Crypto Exchange Transparency and On-Chain Accounting

boss

US crypto exchange giant Coinbase is launching an initiative to help encourage more transparency among firms in the industry, particularly in regard to proof of reserves. In a blog post, Coinbase says it’s exploring new ways to prove reserves using more crypto-native methods, plus announcing a $500,000 developer grant program to encourage others to do so as well. Coinbase says that following the collapse of crypto exchange FTX, investors in the space deserve assurance that they’ll have the ability to withdraw their funds after depositing to centralized platforms. The firm…