Coinbase CEO: Nobody Should Believe Sam’s Claim That This Was an Accounting Error
Brian Armstrong (<a href="https://twitter.com/brian_armstrong/status/1599159873232842758">@brian_armstrong</a>) Co-founder & CEO at <a href="https://twitter.com/Coinbase">@Coinbase</a> on Twitter:" I don't care how messy your accounting is (or how rich you are) - you're definitely going to notice if you find an extra $8B to spend. Even the most gullible person should not believe Sam's claim that this was an accounting error. It's stolen customer money used in his hedge fund, plain and simple."
Coinbase Pauses Plans for Bored Ape Yacht Club NFT Short Film Trilogy
At the peak of <a href="https://decrypt.co/resources/what-is-bored-ape-yacht-club-the-celebrity-nft-of-choice" target="_blank">Bored Ape Yacht Club</a> hype earlier this year, cryptocurrency exchange Coinbase announced <a href="https://decrypt.co/97509/coinbase-bored-ape-yacht-club-short-films" target="_blank">a trilogy of short films</a> inspired by the <a href="https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain" target="_blank">NFT</a> project during the run-up to the <a href="https://decrypt.co/99561/coinbase-nft-marketplace-150-users-first-day-public" target="_blank">launch of the exchange's NFT marketplace</a>. But after releasing the first entry in July, the company confirmed to <i>Decrypt</i> today that it has paused further production of the series.
Coinbase Disables NFT Transfer on iOS App, Citing Hefty in-app Fees
Cryptocurrency exchange Coinbase has disabled its non-fungible token (NFT) transfer feature for iOS users, citing a dispute over Apple’s in-app purchase policy, the exchange tweeted on Thursday. Coinbase said that Apple requires gas fees, which occur when transferring an NFT, to collect through Apple’s in-app purchase system so the tech giant can charge 30% of the gas fees. (forkast)
Apple Wants 30% From NFT Trades, Blocking Transfers on Coinbase Wallet. Will Other iOS Wallets Be Forced to Follow?
Coinbase Wallet announced their inability to push new updates to their iOS wallets on December 1st, 2022, citing blocks from Apple.
Coinbase Says Apple Blocked Its Last App Release on NFTs in Wallet
Coinbase Wallet said Apple had blocked the latest release of its app in an effort to “collect 30% of the gas fee” through in-app purchases.
Breaking: Coinbase Blames Apple For Disabling NFT Transactions
In a major development, Coinbase Wallet has issued a statement where it states, Apple has blocked their latest app release, which has led to users not being able to send their NFTs. As per Coinbase’s announcement, Apple has claimed that the gas fees required to send NFTs need to be paid through their In-App Purchase system, so that they can collect 30% of the gas fee.
Coinbase Shuffles APAC Leadership, Appoints New Regional Policy Lead
Crypto exchange operator Coinbase today announced leadership changes in its Asia-Pacific team. The San Francisco-based company said in a blog post that John O’Loghlen, who joined as country director for Australia from Ant Group in July, has taken on the additional role of regional managing director of APAC.
Binance, Coinbase, Kraken Ordered to Disclose User Data in Hack Probe
Six exchanges — including Binance, Coinbase, Luno and Kraken — will have to share user data to help trace $10.7 million in funds stolen from an unnamed UK-based exchange in 2020. London’s High Court issued a court judgment demanding the handover of the data, according to a Financial Times <a href="https://www.ft.com/content/949fb302-fcb5-455e-8ba3-7e83e6337c86" target="_blank">report</a>. Two of the six exchanges involved were not named.
Binance, Coinbase Among Six Crypto Firms Questioned by US Senator After FTX Mess
Senator Ron Wyden wrote letters to Binance, Bitfinex, Coinbase, Gemini, Kraken, and KuCoin, seeking answers on the risks consumers face when investing on their platforms.
Coinbase Foils Extortion Attempt, Reinforces Bug Bounty Program
Coinbase (<a href="https://www.nasdaq.com/market-activity/stocks/coin">COIN</a>), America’s largest cryptocurrency exchange by trading volume and the first crypto exchange to go public on a U.S. stock market, is raising awareness of its <a href="https://hackerone.com/coinbase?type=team">bug bounty program</a> after a recent extortion attempt.
