Nearly 100 Customers Sue Coinbase Over Its Wallet App
Coinbase is in hot water after close to 100 customers have filed lawsuits against the western hemisphere’s largest digital currency trading platform.
Vitalik Appreciate Coinbase For Helping With Ethereum EIP-4844
Buterin reveals Coinbase has helped with Ethereum’s EIP-4844 in response to claims that CEOs of centralized exchanges do not care about crypto.
100,000 Bitcoin Were Withdrawn From Coinbase in Past 48 Hours
A total of 100,000 Bitcoin (<a href="https://cryptoslate.com/coins/bitcoin/">BTC</a>) were withdrawn from <a href="https://cryptoslate.com/companies/coinbase/">Coinbase</a> in the past two days, marking the third-largest BTC withdrawal in Coinbase’s history.
Billionaire Brian Armstrong Says You Should Trust Him, His Company Coinbase Got 2 Million Bitcoin
After the FTX collapse, there should be constant chatter concerning proof-of-reserves and financial audits of the crypto trading platforms.
Coinbase Fails to Distribute Songbird Tokens to XRP Holders, Community Launches Petition
Coinbase, the largest US-based crypto exchange, has been <a href="https://twitter.com/Bitboy_Crypto/status/1595600627563958272">questioned</a> by some users like Ben Armstrong over the failure to distribute the Songbird airdrop tokens (SGB) to eligible <a href="https://timestabloid.com/tag/xrp-holders/" target="_blank">XRP holders</a>. Equally, a petition against the exchange has been launched for signing, regarding the Flare <a href="https://timestabloid.com/tag/songbird/">Songbird</a> airdrop.
Coinbase CEO Assures Fully Backed Bitcoin Reserves, Binance's CEO Deletes Doubtful Tweet
Coinbase CEO Brian Armstrong quelled concerns about the state of his company’s Bitcoin holdings on Tuesday, following doubtful suggestions from rival exchange owner Changpeng Zhao (CZ). Twitter’s crypto community considered CZ's suggestive tweet to be both ignorant and uncalled for. For example, Messari founder Ryan Selkis <a href="https://twitter.com/twobitidiot/status/1595121452222906368" target="_blank">pointed out</a> that Coinbase already had audited financials proving it held roughly 2 million Bitcoin.
WooCommerce Merchants Can Now Accept Payments in Bitcoin, DOGE Via Coinbase
Coinbase has partnered with WooCommerce, enabling merchants to accept payments in BTC, DOGE, and other cryptos.
Binance Overtakes Coinbase As Largest Bitcoin Reserve Holder
As per recent reports, crypto giant <a href="https://coingape.com/glossary/binance/">Binance</a> has now become the largest Bitcoin reserve holder for the first time ever. An “<a rel="nofollow" href="https://studio.glassnode.com/dashboards/btc-exchanges">exchange reserve</a>” is an indicator that indicates the total quantity of Bitcoin that is currently stored in the wallets of a centralized exchange.
Coinbase Wallet Feature Takes Aim at User Safety
A transaction preview feature lets users see how their assets balance will change before they sign.
Grayscale Says No To Proof of Reserves
In a recent Twitter thread pondering the need for transparency in the industry after the collapse of FTX, Grayscale attempted to calm its investors’ fears, assuring them that the regulations that apply to its various entities make an FTX-like scenario nearly impossible.
