Following reports of user accounts being hacked and funds being drained, Coinbase has been chastised for poor customer service. Thousands of customers across the country have filed complaints against the company, according to a CNBC investigation on Aug. 24. According to the outlet, it spoke with a number of Coinbase customers. Who claimed that hackers […]
Coinbase, a crypto exchange based in San Francisco, may have had a problem with paying its staff fairly based on gender and race. Coinbase paid salaried Black employees about 7 percent less than people in similar positions, according to a report by The New York Times journalist Nathaniel Popper, based on payroll information from 2018. […]
The announcement of an agreement between the payments giant PayPal. And the issuer of the popular stablecoin Paxos Standard Token (PAX) could be made this week. PayPal aims to add crypto-trading to its customer base and has chosen Paxos, based in New York, to manage digital asset supply for the new service, CoinDesk reported, citing […]
Coinbase, America’s largest exchange of cryptocurrencies, claims many countries are far more open-minded about crypto legislation and taxation than America. During the Unitize panel on 7 July, Lawrence Zlatkin, chief tax officer at Coinbase, shared the exchange of views on taxation and the global cryptocurrency industry. He was joined by Jessica Reif-Caplan, a senior tax […]
U.S. crypto exchange Coinbase has announced that it will move to a “remote-first” workplace. Once the pandemic lockdown is over in an attempt to guard against location-centric risks and to increase decentralization. Coinbase CEO Brian Armstrong said, in an open letter to all employees: “After the restrictions of quarantine are over, Coinbase will embrace being […]
Coinbase Card users owning supported Android phones can now avoid using the physical card. Through an integration with Google Pay announced on March 17, the card can be emulated by a mobile phone. The Coinbase Card connects a holder’s cryptocurrency balance on the exchange, which is then used for spending crypto via an instant conversion […]
Major cryptocurrency exchange Coinbase recently unveiled a new feature on its platform designed to save users money on transaction fees. According to a blog post released by the exchange on March 13, Coinbase would immediately begin offering Bitcoin (BTC) transaction batching for its customers. The move was taken by Coinbase, which “requires no action from […]
The Japan Virtual Currency Exchange Association (JVCEA) – the official self-regulatory organization for the crypto industry in Japan – announced on 2nd March 2020 that three additional companies have just registered as second-class members. Coinbase, Digital Asset Markets, and the Tokyo Hash have registered as reported by the JVCEA. Second-class members with the agency can […]
Coinbase, the U.S. cryptocurrency exchange boasting over 20 million views per month and over 30 million total accounts, has tested Clearview AI facial recognition technology according to a BuzzFeed news report. However, Coinbase has denied that the test involved customer data. The controversial software has been the subject of intense scrutiny since a New York […]
Coinbase updated its wallet with a function that lets its users send cryptocurrency through usernames, instead of the usual lengthy addresses. According to the Feb 25 announcement, Coinbase Wallet now allows its users to send cryptocurrency to dedicated usernames or ones created on the Ethereum Name Service (ENS). Coinbase’s proprietary usernames look like @username while […]