Coinbase CEO Champions Top Coin on Its 10th Birthday

Brian Armstrong, founder and CEO of United States cryptocurrency exchange Coinbase, has confessed that “Bitcoin is my first love” in a series of tweets commemorating the coin’s 10th birthday, Jan. 3. Summing up a thread in which he explained how he entered the industry and built one of its most successful firms, Armstrong wrote: “Bitcoin is one of the most important inventions of all time and has launched a global movement. It’s awesome to see an entire ecosystem spring up around it, but Bitcoin is my first love.” Armstrong pointed…

Coinbase Exec Joins Stablecoin Issuer TrueUSD as Head of Compliance

A former senior employee at United States crypto exchange Coinbase has left the industry giant to join stablecoin issuer TrustToken as head of compliance, according to the company’s official website Jan. 4. Vaishali Mehta, whose LinkedIn profile indicates she served just over a year as senior compliance manager at the major San Francisco-based exchange, reportedly joined TrustToken in December 2018. Trust Token is the issuer of TrueUSD (TUSD), which has been listed on top crypto exchange Binance as of last May. The listing makes it a relatively early entrant amid…

Coinbase Exec Leaves Crypto Exchange for Stablecoin Issuer

Another Coinbase employee has left the cryptocurrency industry unicorn for a smaller startup. Vaishali Mehta, who worked as a senior compliance manager at Coinbase from November 2017 to November 2018, joined TrustToken last month as head of compliance. “Crypto is an exciting place and I have been lucky to have been a part of this ‘madness,’” Mehta told CoinDesk through a spokesperson. “I really related to TrustToken’s vision to foster a new financial future which is resilient to fraud, failure and greed.” TrustToken, the company behind the TrueUSD stablecoin, confirmed the…

Coinbase CEO Armstrong Pledges to Give Crypto Wealth to Charitable Causes

Coinbase CEO Brian Armstrong has joined other super-wealthy individuals in pledging to donate much of his net-worth to charitable or other causes. In a blog post on the website of The Giving Pledge – founded by Bill Gates and Warren Buffet to encourage the rich to donate their wealth to worthy causes – Armstrong said: “Once a certain level of wealth is reached, there is little additional utility from spending more on yourself. … Whether it’s through improving education, creating a more level playing field, or increasing economic freedom, I’m interested in…

Coinbase welcomes customers from six new European markets

Since launching in 2012, Coinbase has continually worked toward its mission of creating an open financial system for the world. Over the past six years, we’ve expanded our footprint from the U.S. to 33 countries across the globe, making it easier for more people to buy and sell cryptocurrencies. Today, we’re taking another significant stride toward realizing our mission by announcing the rollout of Coinbase to six additional European markets. Starting today, Coinbase will be available in the following regions: Andorra Gibraltar Guernsey Iceland Isle of Man Lithuania New customers…

Coinbase Has Dropped Its Bid to Trademark ‘BUIDL’

Coinbase is no longer seeking to trademark the term “BUIDL” following a critical response on social media. As confirmed by the U.S. Patent and Trademark Office, the exchange moved to abandon its trademark application for the cheeky cryptocurrency misspelling on Dec. 14. The expedited request was approved on Dec. 17. The move comes after Coinbase’s CTO, Balaji Srinivasan, issued a mea culpa of sorts following coverage of the Oct. 2 trademark application earlier this month. Saw the commotion on Twitter & dug into this. Coinbase filed the trademark for BUIDL some time back.…

Direct crypto conversions on Coinbase – The Coinbase Blog

As a crypto-first company, it’s important that we build features that let people take advantage of the unique attributes of cryptocurrency. That’s why we’re beginning to roll out a new feature called Convert, which customers can use to convert one cryptocurrency into another. Initially, customers can convert between Bitcoin (BTC) and Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX), or Bitcoin Cash (BCH). Converting is available on Coinbase.com and in the iOS and Android apps. Conversions complete instantly and at a lower cost than if done via two separate…

Coinbase Adds Crypto-to-Crypto Trading for Retail Customers

Coinbase users can begin trading cryptocurrencies directly with other cryptocurrencies, the exchange startup said Monday. The company is adding support for crypto-to-crypto trading for its retail customers, adding a feature that has long been available to professional cryptocurrency trading services, said product manager Anna Marie Clifton. Users on Coinbase.com, as well as the Android and iOS apps, will be able to begin trading bitcoin pairs in the coming days through the new feature, called Coinbase Convert. She told CoinDesk that while trading pairs are “a pretty common paradigm in the…