Coinbase Now Evaluated at $8 Billion; Introduces Block Trading on GDAX
Now evaluated at $8 Billion, Coinbase is looking forward to attracting institutional investors on their GDAX platform by introducing block trading.
- Aditya Worah
- May 02, 2018
Now evaluated at $8 Billion, Coinbase is looking forward to attracting institutional investors on their GDAX platform by introducing block trading.
Coinbase will be dragged to court by a former customers of defunct cryptocurrency exchange, Cryptsy to face a jury trial of allegations of negligence.
Coinbase justifies denying services to the Wikileaks Shop as 'violation of ToS' - this has led to a major backlash against Coinbase from Wikileaks supporters.
Coinbase has hired their first CFO, Aleisa Haas, previously the CFO of Hedge Fund Firm Oz Management, just one day after hiring CTO Balaji Srinivasan.
Coinbase has acquired Earn.com for an undisclosed amount - a deal which was in the making for months now! Earn.com CEO will now take over as Coinbase's first CTO
Ripple's Chief Marketing Officer saying that XRP is not a security and hopes to get a Coinbase listing
Coinbase is all set to become a licensed brokerage firm, regulated by the SEC. This will allow the exchange to list ICO tokens which have been classified as 'securities' by the SEC.
With Coinbase Ventures, the company intends to fund early-stage startups working on cryptocurrencies and blockchain technology, which will help innovate the ecosystem in the long run.
Coinbase has announced via their official blog that support for ERC 20 tokens would soon be coming for most of their services, including the Coinbase platform and the GDAX Cryptocurrency Exchange!
The Coinbase Index Fund was first announced by Assif Hirji, the COO of Coinbase during an appearance on ‘Fast Money’ on CNBC. It will feature all digital assets listed on the GDAX cryptocurrency exchange.