The UK's Financial Conduct Authority has fined CBPL, a Coinbase subsidiary, for allowing high-risk customers use its services to get access to crypto assets. It has been fined £3.5 million.
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Coinbase has reassured users and investors that it is not exposed to any of the crypto companies that ran into financial difficulties this year. It blamed their lax attitude for their problems.
In an attempt to bring NFTs to a broader audience and to provide new monetization opportunities to its users, Instagram is testing digital collectibles with some U.S. creators and collectors.
Coinbase NFT is now available in beta. The platform will allow users to buy and sell NFTs on the platform, initially, without fees. To enter the beta, you must first join a waitlist.
The social media website has responded to last night's hack stating that the attack was socially engineered and targeted some Twitter employees with access to internal tools and systems.
Twitter accounts of prominent personalities and Bitcoin exchange companies were compromised earlier today. The hackers linked to a phishing website that siphoned off close to $25,000 already.
Bitcoin has hit $5,000 today, marking its highest point since the start of the year. It was triggered after an order for 20,000 bitcoins was placed, split across three major exchanges.
Seeking to maintain easy access to the resulting 27-member bloc of countries in the EU, Coinbase has announced the opening of a new office in Ireland as its contingency plan for the looming Brexit.
Coinbase users can now buy gift cards using their crypto on WeGift. These gift cards can be bought and used at 120 retailers across Europe and Australia with more being added soon.
After a turbulent few months, bitcoin has finally bucked the downward price trend by managing get above $10,200 on Thursday. Those bullish on bitcoin say that it's in for a very good year in 2018.
Coinbase has announced that it is in the final phase of testing SegWit, before it deploys the technology on its network in the coming weeks. Coinbase has been unpopular for delivering SegWit slowly.
Bitcoin.org has had to update the claims it makes about bitcoin in order to line up with reality. It removed the claim about low transaction fees and also the one about fast payments.
After the IRS won a landmark case against one of the world's largest cryptocurrency platforms, the UK Treasury, in line with plans being implemented across the EU, aims to regulate these currencies.
While it fought the good fight, Coinbase has lost, requiring it to give up some of its clients' information. The IRS is specifically targeting anyone that transacted $20,000 or more.
After an agreement on technical rules that should guide Bitcoin's future could not be reached, a group has now created 'Bitcoin Cash', a new fork that addresses some issues Bitcoin has faced lately.
Several bitcoin exchanges came under a heavy load of traffic yesterday coinciding with wild fluctuations in the price of bitcoin. It was likely caused by eager buyers and sellers eager to profit.
After it started accepting the popular virtual currency, Wikipedia has seen a surge in donations via Bitcoin -- over $140,000 worth -- in its first week alone.
Ryan McGeehan, the (now) former Director of Security for Facebook, has left the company to work on developing a security program for Coinbase.
