Coinbase launches beta of long-awaited NFT marketplace

    Crypto exchange Coinbase has launched its long-awaited NFT marketplace in beta form after the exchange first announced plans for it in October. It is currently available for select customers and supports only Ethereum-based NFTs and payments in ETH. In the future, Coinbase will also add drops, minting, token-gated communities, and the option to buy NFTs…

    Coinbase to track recipient information for crypto transfers in Canada, Singapore and Japan

    Starting in early April, crypto exchange Coinbase Global will require its customers in Canada, Japan and Singapore who send cryptocurrency to non-Coinbase wallets to provide the name, address and, in the case of Japan, the destination wallet of the recipient. Coinbase has been sending notices to its customers in those countries that the changes will…

    Crypto whales pumped Bitcoin price rally by $1.6 billion buy

    According to blockchain data firm CryptoQuant, between 13:11 and 13:16 UTC Wednesday, a small group of people purchased the massive amount of Bitcoin on the spot market on centralized exchanges. But why the crypto whales placed Bitcoin buying orders of nearly $1.6 billion in a few minutes on an exchange instead of an over-the-counter desk…

    SEC threatens to sue Coinbase over new crypto product

    The US Securities and Exchange Commission has warned that it will sue Coinbase if it launches a new product Lend that allows users to earn interest by lending their crypto holdings. Coinbase’s CEO Brian Armstrong labeled the agency’s aggressive actions “really sketchy behavior.” According to Bloomberg, the U.S.’s biggest cryptocurrency exchange said it received a…

    Bitcoin falls over 9%, causing delays and malfunctions on Coinbase

    Bitcoin, the world’s biggest cryptocurrency, fell on Tuesday more than 17% to $43,000 before paring some losses to trade down 9.2% at $47,140. Smaller rival Ethereum coin plunged 12 %. Shares of major cryptocurrency exchanges also fell as crypto stocks were hit by trading platform outages. Although Bitcoin is the largest cryptocurrency in the world…

    Coinbase users are frustrated over customer support after hackers drain crypto wallets

    A growing number of users of the popular crypto exchange Coinbase have found their accounts on the platform empty after hackers managed to gain access to them and drain their cryptocurrency wallets. According to a Tuesday CNBC investigation, thousands of customers across the country have lodged complaints against the company. One couple, for example, logged…