Coinbase is a digital currency exchange and wallet service.
Coinbase is an online platform that allows merchants, consumers, and traders to transact with digital currency. It allows its users to create their own bitcoin wallets and start buying or selling bitcoins by connecting with their bank accounts. In addition, it provides a series of merchant payment processing systems and tools that support many highly-trafficked websites on the internet.
Coinbase was launched in 2012 with a mission to create an open financial system for the world. It is operated from San Francisco, California. The company raised over $100M in funding from world’s leading investors including DFJ Growth, Andreessen Horowitz, Union Square Ventures, Ribbit Capital and NYSE.
AI Coin Render witnessed an 8% price drop to $4.5 after Coinbase announced its delisting of the Ethereum-based RNDR token, as investors panic sell in misunderstanding.
Coinbase hacker mocked ZachXBT after moving $42M in BTC, following a massive breach affecting over 69,000 users.
Coinbase disclosed that it was offering a $20 million bounty scheme for information regarding criminals that attempted to blackmail the crypto exchange.