Coinbase’s Political Action Committee Shuts Down Without Ever Raising a Cent

Coinbase is moving to shut down its political action committee (PAC) without ever raising a cent. The San Francisco-based crypto exchange filed a Termination Report for its PAC on April 3, 2019, according to publicly available documents on the Federal Election Commission’s website (FEC). The move means that the exchange wants to shut down its PAC, […]

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Why Coinbase’s Move Into Proof-of-Stake Matters

Is Coinbase going to solve the thorny challenges of proof-of-stake (PoS) blockchain governance or centralize those systems even further? That’s the question experts in the space are pondering with the recent announcement that Coinbase Custody will offer staking support for Maker, Tezos and Cosmos. The move means institutional investors will be able to vote on […]

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Coinbase Tops JPMorgan in LinkedIn List of Most Popular Employers

Cryptocurrency exchange Coinbase has ranked above investment banking giant JPMorgan in LinkedIn’s top 50 U.S. employers list for 2019. The networking platform for professionals published the list on Wednesday, ranking Coinbase at number 35, 9 spots ahead of JPMorgan at number 44. No other cryptocurrency or blockchain firm made the list. Coinbase has predominantly hired staff in […]

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Coinbase Now Says It Never Shared ‘Personally Identifiable’ Customer Data

Coinbase is taking steps to clarify statements made in the wake of its controversial acquisition of blockchain analytics firm Neutrino, a startup subsequently linked to Hacking Team, a group that aided governments known for human rights abuses. Specifically, Christine Sandler, Coinbase’s director of institutional sales, justified the Neutrino acquisition during an interview with Cheddar last Friday […]

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Coinbase Wallet to Feature Private Key Backup on Google Drive, iCloud

Coinbase Wallet users will soon be able to back up their private keys on personal cloud storage platforms Google Drive and Apple’s iCloud. The San Francisco-based cryptocurrency exchange announced the news in a blog post Tuesday, saying that, in case users misplace their private keys or lose devices, they can use the new feature to […]

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Blockchain Analysis Links Hamas Fundraising to Coinbase Bitcoin Account

The Palestinian military-political group Hamas, which the U.S. government deems a terrorist organization, may be using the Coinbase cryptocurrency exchange for fundraising. Earlier this week, the Israeli blockchain analytics firm Whitestream identified several bitcoin wallet addresses referred to on official Hamas digital media channels in public requests for donations. One such appeal for bitcoin donations […]

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