Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase, Inc., a wholly owned subsidiary of Coinbase Global, Inc., to offer Ethereum and Litecoin for New York customers.
Coinbase, the prominent San-Francisco based bitcoin and ethereum wallet provider and platform founded in 2012, has recently hit 6 million users, a new milestone for the company. Coinbase claims to have over 13 million wallets, serving 45,000 different merchants and 9,000 developer apps.
The world of bitcoin and blockchain has attracted a lot of money over the past few years.
Five years after co-founding Coinbase, one of the most well-funded Bitcoin ventures, Fred Ehrsam has decided to leave the company.
Leading digital currency company Coinbase has announced that it will support more cryptocurrencies in 2017, in a bid to become a digital currency company not just a bitcoin company.
Bitcoin and ether exchange startup Coinbase is seeking a patent for a security system for bitcoin private keys.
Jumio has added biometric facial recognition capabilities to its digital ID verification technology, Netverify.
Despite Bitcoin’s failure to achieve its initial promise as quickly as early enthusiasts expected, Coinbase, a digital money startup based in San Francisco, has continued to chug along, attempting to find its footing in a market defined less by everyday consumers than by speculators and aficionados.
We’re excited to announce the launch of weekly buy/sell limits on Coinbase.
It has been a long time in the making, but Coinbase has finally integrated support for Ethereum.
Bitcoin exchange operator and service provider Coinbase has just announced that customers in Europe can now buy digital currency on their mobile phones using a credit or debit card.
Twitch, an Amazon-owned live streaming video platform which integrated Bitcoin back in August 2014, has began to offer Bitcoin as a payment option again using the Coinbase payment processing gateway since August 21, 2016.
Bitcoin service provider and digital currency exchange Coinbase has taken the lead on this and has recently announced a range of additions to their service specifically aimed at providing merchants the tools they need to make accepting bitcoin more attractive.
The writing was on the wall for some time. In May, Coinbase co-founder Fred Ehrsam published a post on Coinbase’s blog titled Ethereum is the Forefront of Digital Currency. Around the same time, Coinbase added support for Ethereum trading to GDAX, its online professional cryptocurrency exchange.
Bitcoin wallet and exchange Coinbase has revealed new funding methods – PayPal and credit cards, to further enable digital currency transactions and swaps in its exchange. The support for the two new funding mechanisms is currently in beta.
Coinbase co-founder Fred Ehrsam recently appeared on the 1776 Podcast, where he was asked about the adoption of Bitcoin in the United States and international markets.
Brian Armstrong took to Medium to elaborate upon the Coinbase mission. The 100 person company, Armstrong notes, had grown too large for them to communicate daily with all of their employees, and therefore “we decided to craft a clear vision, mission and strategy for the company.”
The United Services Automobile Association (USAA), a financial services group, has partnered with Coinbase to give Bitcoin usage a timely boost. Late last year, USAA launched a Coinbase pilot program, which allowed select USAA employees and members to view their Coinbase accounts on the USAA website and mobile app.
Coinbase has announced the beta launch of a new feature that will facilitate the purchase of bitcoin(s) instantly with US-based debit cards. The feature is already available for European users of Coinbase who have the means to buy the cryptocurrency through credit and debit cards.
The San Francisco-based digital currency exchange, Coinbase, has informed that it is going to incorporate Bitcoin Classic nodes. The news was revealed by the company’s CEO Brian Armstrong through his Twitter account.
At the end of 2015, for the first time ever, it became possible to ride Uber for Bitcoin. This was made possible with Coinbase’s Shift Card. The Shift Card allows you to spend bitcoins like regular debit or credit. It costs $10 to receive, with fees similar to a regular debit card.
Coinbase introduced Shift Card – the first US-issued bitcoin debit card, built with the Coinbase API – in November last year.
One of the more notable highlights is its successful expansion beyond the US. Coinbase moved into Europe not much more than a year ago. Now, the company reports, the majority of its users reside outside of the US. The proportion of international users grew from 44% to 51% during 2015. The fastest growing markets are Brazil, the Philippines, and Indonesia.
The PYMNTS team caught up with experts in the payments field to ask them their views on industry trends, predictions for the future and what their ideal payments system looks like. Here’s what Adam White, Vice President and Product Manager at Coinbase, had to say.
Coinbase is seeking to expand its bitcoin buying and selling services to new Asian and Latin American markets in 2016. In interview at Money20/20, product manager Adam White indicated that the startup, which has so far raised more than $106m in venture funding, aims to be operational in 40 countries next year, and that these regions would be primary areas of focus.
Just hours after announcing that the Texas-based diversified financial services group USAA has in partnership with Coinbase, launched a pilot that allows a randomly selected, limited group of USAA members to view their bitcoin balance on USAA.com and the USAA mobile app, the Bitcoin wallet and instant exchange company has received an overwhelming number of requests from unselected USAA members. The pilot was initially rolled out to USAA employees in September.
Coinbase has announced customers across 26 countries can buy bitcoin "instantly" from today.
Coinbase has added Singapore to the list of countries where you can buy and sell bitcoin using their platform. This is Coinbase’s first foray into Asia and it will allow users with Singapore Dollars to buy bitcoin.
This week, one of the world’s largest Bitcoin services and wallet providers Coinbase became the 25thcompany to file for a BitLicense, which is expected to cost more than $100,000 in legal and compliance fees, according to Bitstamp Executive Vice President and chief legal officer George Frost
Bitcoin wallet Coinbase has been sharing its latest set of updates on its blog, among which include a new version of its iOS app. This update contained Identity Verification, Instant Exchange, and bug fixes. Aside from that, the company has also been able to expand operations in Romania, allowing the wallet to offer services in 26 countries.
Today we’re announcing a change to our stock option program that will have a huge impact on how future Coinbase employees are compensated. We’ve extended the post-termination option exercise window from the standard 90 days to seven years for new employees who join and stay at least two years.
Bitcoin wallet service provider Coinbase today announced the launch of Instant Exchange, a feature that will enable users to transfer Bitcoin while eliminating the risks associated with price fluctuations.
One of the world's biggest digital currency markets is in talks with financial watchdogs about setting up a regulated bitcoin exchange in Britain.
US technology company Dell's partnership with bitcoin wallet and exchange service Coinbase has allowed it to become the first major retailer to accept bitcoin in the UK.
Google has added Coinbase support to their Google Now app, enabling Android users to receive updates about Bitcoin price fluctuations and other information about their Coinbase accounts in a card on their phone.
Fresh from scoring a massive $75 million funding round, bitcoin payment firm Coinbase has revealed that it will open the first regulated bitcoin exchange in the U.S. on Monday.
Coinbase, one of the most popular Bitcoin wallet providers, announced on Tuesday that it had closed a $75 million financing round, the biggest yet for a virtual currency start-up.
Time Inc. has partnered with Coinbase, the most popular bitcoin wallet, to become the first major magazine publisher to accept bitcoin payments.
Earlier in November, CoinTelegraph had a chance to sit down with Brian Armstrong, the co-founder and CEO of Coinbase, to get his thoughts on how his company will continue growing and what customers can expect in the near and mid futures.
Bitcoin wallet Coinbase has figured out a workaround to help its users make purchases on Facebook and iTunes with Bitcoin. And it's teaming up with a company called RewardsPay to make that happen.
Coinbase is giving micropayments a try. The bitcoin-services provider on Tuesday unveiled its tip button, a product users install on their sites that encourages readers to "tip," to give a tiny amount of money for the material sites are producing.
You can now see who's investing in Bitcoin thanks to a new integration between Bitcoin wallet Coinbase and social investment platform, Openfolio, the company announced today.
Right after opening its doors to Europe, Coinbase co-founder and CEO Brian Armstrong joined Alex Wilhelm on stage today at TechCrunch Disrupt Europe to discuss the future of bitcoin. The conversation covered everything happening right now around bitcoin, from regulatory issues to bitcoin's price downfall, merchant adoption and new innovative bitcoin use cases.
Coinbase announced today that it is now available in 6 additional languages: Español, Português, Français, Italiano, Nederlands and Deutsch
Coinbase will soon be doing away with their $0.15 ACH fee on all buys and sells. The fifteen cent fee has long been a point of contention and Coinbase is making the move to bear the cost of interfacing with the legacy banking system themselves.
The Bitcoin start-up Coinbase is bolstering its team as it seeks to deepen its engagement with regulators. The company, one of the most popular digital wallet providers, has hired John Collins, a former adviser to the Senate Homeland Security and Government Affairs Committee, as its head of government affairs.
Brian Armstrong and Fred Ehrsam certainly look like the kind of guys who could help bitcoin recover from its wild years.
PayPal has announced partnerships with the three largest payment processors in the bitcoin space - Bitpay, Coinbase and GoCoin. Though the online e-commerce pioneer stopped short of integrating bitcoin into its digital wallet or payment processing services directly, the move marks PayPal's first formal offering to the bitcoin community.
Nonprofit United Way Way Worldwide announced today that it now accepts donations in bitcoin, becoming the latest charitable institution to adopt the digital currency into its operations. The US-based organization claims to be the largest privately held nonprofit in the world, raising more than $5 billion annually with more than 2.8 million volunteers, 9.7 million donors and community initiatives, and partnerships with such companies and organizations as the National Football League (NFL), Exxon Mobile, and General Electric.
Coinbase is taking its Bitcoin services to Europe in a move that could help expand the virtual currency's reach. The company, one of the most popular digital wallet providers, said on Wednesday that it was expanding to 13 European countries, including France, Italy and the Netherlands, by allowing those with authorized European bank accounts to buy and sell Bitcoins in exchange for euros.
Nearly a year after PayPal acquired it in an all-cash $800 million deal, online and open payments platform Braintree is unveiling one-touch payments and is integrating Bitcoin.
Last week, Resy, the New York-based restaurant reservations app for last-minute premier tables, became the first iOS app to fully integrate the Coinbase OAuth2 protocol and enable its customers to make seamless payments using bitcoin. Available immediately in the Apple App Store for free, Resy is one of the first bitcoin iOS integrations to emerge since the Apple ban on bitcoin wallets was lifted in June. And as of today, consumers can also pay for reservations with bitcoin on their Android devices.
Today, Coinbase announced that it has acquired Blockr.io, a popular block explorer service that parses the bitcoin blockchain and presents the data to users in an easy to read way. As part of the acquisition, Coinbase welcomes two new employees, software engineer Sašo Matejina and designer Samo Drole to the Coinbase team.
Coinbase announces it is partnering with AnyPerk.com, a company that works to provide employee perks to over 2,500 companies that include Salesforce, Groupon, and Etsy, to offer any existing AnyPerk users free access to $10 worth of bitcoin when they sign up with Coinbase.
Coinbase has introduced Coinbase Vault, a more secure service that allows customers to store Bitcoins without the expertise required to set up cold storage on their own.
Dell announced it has started accepting Bitcoin for all items available on Dell.com (including Alienware products). The company says it is “piloting” the digital currency for consumer and small business shoppers in the US; presumably if the test goes well, the option will be expanded internationally.
Dell announced Friday it has started to accept payments via Bitcoin for products available on Dell.com, including Alienware. Dell said it's accepting the cryptocurrency for consumer and small business shoppers in a pilot that partners the computer giant with the Bitcoin processor Coinbase.
Shopify announced that the 100,000+ merchants using the e-commerce platform can now accept Bitcoin payments thanks to an integration with Coinbase’s merchant services.
Coinbase, one of the big bitcoin-services companies, has unveiled a new type of account for storing bitcoins, “the vault.” The new account, which the company describes on its blog, now allows users to have two different kinds of accounts: a “wallet” for day-to-day spending, and a “vault” for long-term storage of their wealth.
Fred Ehrsam | Coinbase - Created a PayPal-esque wallet for Bitcoin. He’s raised $31 million, and Coinbase is now used by 1.3 million consumers and is adding major merchants like Overstock.com, Google and Dish.
Coinbase, a 2-year-old company, operates an online service that allows users to buy bitcoin, store it in a digital wallet, and pay merchants with it. The San Francisco-based company is among a flurry of start-ups raising venture capital money to support the virtual currency.
Coinbase, the Andreessen Horowitz-backed company that helps businesses process bitcoin payments, is trying to make it easy for businesses to give discounts to shoppers who pay in bitcoin. The company is today unveiling a tool that automates the discount, so businesses can check a box to deduct, say, one percent or five percent from every single purchase made in bitcoin.
Bitcoin exchange Coinbase announced that it acquired the team behind social bookmarking service Kippt and Inc, its business messaging product. Coinbase and Kippt were both part of the same Y Combinator class in 2012.
Coinbase announced its acquisition of the Kippt team. Kippt is a startup that focuses on “finding, reading, storing, searching and sharing information on the web.” The move seems to signify an effort to bring cleaner, easy-to-use user interfaces for Bitcoin applications.
Coinbase describes itself as the largest bitcoin platform for merchant payment processing. Based in San Francisco, it handles bitcoin payments for 28,000 merchants, and arrived at Finovate with the goal of convincing more retailers to accept the digital currency.
Ryan McGeehan has recently announced on Facebook that he is leaving his role at Facebook as its Director of Security Incident Response, and taking up a security-related role at Coinbase.
Bitcoin was a big topic of conversation at South by Southwest, especially after Newsweek’s cover story on the identity of the mysterious Bitcoin inventor Satoshi Nakamoto. At SXSW, Ehrsam explained why this is irrelevant to the future of Bitcoin. He said he thinks 2014 will see a critical mass of merchants wanting to get into Bitcoin, so now it’s just a matter of time before regular people get on board with the early adopters, miners, libertarians, and geeks.
Brian Armstrong and his Bitcoin startup, Coinbase, were the recipients of high-profile VC Fred Wilson's first investment in nearly two years. In December, Coinbase raised a $25 million Series B round from Andreessen Horowitz and added partner Chris Dixon to its board.
The retailer partnered with Coinbase on January 9 to let consumers purchase items with the digital currency, meaning the milestone was achieved in less than two months.
Coinbase today announced a new milestone: over 1 million consumer wallets, up from just 13,000 at the start of 2013.
Personal finance app Mint is integrating with Bitcoin wallet service Coinbase, so bitcoin currency owners can quickly track how much their stash is worth and compare this value to their other financial accounts.
Overstock.com is now accepting payments in bitcoin, making it the first major online retailer to embrace the increasingly popular but controversial digital currency. Coinbase runs a system that manages bitcoin transactions, not only for businesses like Overstock, but for about 750,000 individuals.
As Bitcoin gradually becomes a mainstream phenomenon, Coinbase is trying to make it easy to use. The former Goldman Sachs currency trader is attempting to build "the PayPal for Bitcoin."
Coinbase, the Bitcoin digital wallet service that recently raised a hefty $25 million, is upping its focus on merchants after it released its first stand alone point-of-sale app to allow retailers to accept payment via Bitcoin on a mobile device.
Andreessen Horowitz, a leading venture capital firm, announced on Thursday that it had led a $25 million fund-raising round for Coinbase, a Bitcoin start-up in San Francisco that aims to help virtual currencies gain mainstream acceptance.
[VIDEO] Digital currency service Coinbase announced it has raised $25 million in the largest single funding to date for a company focused on the bitcoin.
Coinbase Inc., a provider of online Bitcoin accounts and transaction services, raised $25 million in funding led by Andreessen Horowitz.
Andreessen Horowitz is buying into the growing market for bitcoins. The prominent Silicon Valley venture capital firm co-led by Marc Andreessen, the Netscape co-founder, is investing about $20 million into Coinbase, which provides "wallets" for the digital currency.
Coinbase, a start-up that lets people trade Bitcoins, has raised $25m (£15m) in venture capital funding - the largest by a Bitcoin start-up.
What is the center of the Bitcoin universe? With a completely decentralized digital currency like Bitcoin, it’s hard to say, but today, Silicon Valley took a serious step toward claiming those bragging rights.
Bitcoin’s price may be rising and falling day-by-day, but the virtual currency remains a hot topic for the tech industry and investors. Reflecting optimism in the space, Coinbase — a popular Bitcoin wallet service — has closed its $25 million Series B round led by Andreessen Horowitz.
With Coinbase Inc. raising $25 million from Andreessen Horowitz and others, it’s not only the largest venture round on record for a Bitcoin startup–according to Dow Jones VentureSource; it’s actually more than all venture capital invested into all Bitcoin startups combined during the past 15 months.
Coinbase, a provider of online bitcoin accounts and transaction services, raised $25 million in funding led by Andreessen Horowitz.
San Francisco bitcoin startup Coinbase raised $25 million in its latest fundraising round, the largest amount ever raised by a company involved with the digital currency.
Coinbase has raised $25 million in a Series B round led by Andreessen Horowitz in the largest funding to date for a company focused on the Bitcoin digital currency. Existing investors Union Square Ventures and Ribbit Capital also participated.
A former Goldman Sachs trader, Fred Ehrsam left Wall Street to co-found Coinbase, an online payment system with the stated mission of making bitcoin, an unregulated and increasingly popular form of digital currency, easy to use. The company, with roots in the Y Combinator startup incubator, now processes bitcoin payments for the likes of OkCupid and Reddit.
Coinbase, one of the largest U.S.- based Bitcoin exchanges and a Bitcoin Black Friday sponsor, will be waiving its transaction fees on Friday. The exchange, which has raised more than $6 million of investment capital from major Silicon Valley players, usually charges a 1 percent fee for buying and selling bitcoins.
The exuberance surrounding the bitcoin is back. The digital currency soared to a new record high today, hitting $675 after trading in the $400s only yesterday. So how can you get in on the action if you want to invest in this highly volatile currency? Jordan Wathen of The Motley Fool say for U.S. investors, it’s as easy as opening up an account with Coinbase.
One popular exchange is Coinbase, https://coinbase.com/, which links bitcoin wallets to U.S. bank accounts. Other exchanges, such as https://localbitcoins.com/, serve as a marketplace for people seeking to buy or sell bitcoins.
Brian Armstrong, CEO of Coinbase, is a hard man to track down. It took CoinDesk months to get him on the phone. “Things have been busy!” he said. No wonder. Armstrong is leading the charge to make bitcoin a mainstream currency. His firm specializes in services that make it easy to use.
The purchase of virtual currency Bitcoin has slowly become easier over the years, and now the Bitcoin wallet service Coinbase has added the ability to “buy up to 50 Bitcoins instantly” for verified accounts.
All users of the Bitcoin exchange and wallet outfit Coinbase have to identify themselves to a degree, but those wanting to buy higher volumes at high speed now have to go through a fuller ID check.
The newest addition to the growing list of companies to support Bitcoin — which includes Reddit, Mega, WordPress.com, Expensify, Namecheap, the Internet Archive, and countless others – the dating site has partnered with Y-Combinator-backed Coinbase, a platform for buying and selling the digital currency, to expand its payment options.
Coinbase scored a huge partnership today, as social discovery and discussion site Reddit has just launched an integration that allows its users to pay for “Reddit Gold” using bitcoin with Coinbase’s system.
Customers of Coinbase, a platform for buying and selling the digital currency, have bought or sold more than $1 million worth of Bitcoins in the past 30 days.
Incubator Y Combinator held its fifteenth Demo Day for its latest batch of 75 companies to pitch to investors Tuesday.
The price of Bitcoins surged this week, rising above $9 for the first time in almost a year. The increase suggests growing public interest in the peer-to-peer cryptocurrency. Last month, we marked the one-year anniversary of the Bitcoin bubble popping. We noted that after plunging for the last six months of 2011, the price of Bitcoin had begun to stabilize around $5. But almost as soon as we published that article, the currency began appreciating rapidly. Today, one Bitcoin is worth about $9.20—a 40 percent increase in a month.
Does an Internet-only currency — not backed by any government entity — have a chance to become the way merchants and consumers transact business? Coinbase not only believes so, but it has talked investors into giving it some start-up capital to build a much easier way for nontechnical users to pay with Bitcoin.
Fred previously traded foreign exchange (FX) at Goldman Sachs in New York and worked at BlackRock, the largest asset manager in the world. Fred holds a B.S. with honors and distinction in Computer Science/Economics from Duke University.
Brian previously worked on fraud prevention at Airbnb as a software engineer, and co-founded UniversityTutor.com (used by 28,000 tutors worldwide). He is the creator of one of the first android apps for Bitcoin. He holds a Masters in Computer Science and BA in Economics from Rice University.