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Coinbase Closes Earn.com One Year After $100M Acquisition


Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million...

Cred Merchant Solutions to Help Unbanked Business Sectors


Cred Merchant Solutions has been unveiled in Emeryville during San Francisco Blockchain Week in an event hosting several California elected officials. The new point-of-sale system will help unbanked business sectors, such as California’s cannabis industry, accept crypto payments from...

Fed Research Considers Negative Interest Rates Effective Policy Tool


A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks....

Coinbase Receives E-Money License From the Central Bank of Ireland


Coinbase has secured a new legal foothold in Europe. The San Francisco-based cryptocurrency exchange has received an e-money license from the Bank of Ireland, which it can potentially use to continuing serving its customers across the continent, in case Brexit causes any disruptions. Also Read:...

How Coinbase Quietly Became the World’s Biggest Bitcoin Bank


On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...

Coinbase Has to Face Negligence Lawsuit Over Launch of BCH


As per the latest reports, Coinbase Inc. will have to face a lawsuit for negligence over the unveiling of Bitcoin Cash (BCH). According to the ruling by Vince Chhabria, United States District Judge of Northern District of California, the cryptocurrency exchange exhibited ‘incompetence born...

Securitize Announced Tenth On-Chain Digital Asset Through Its Platform


The security token start-up based in San Francisco, Securitize backed by Coinbase has announced the launch of the tenth on-chain digital asset. The start-up assists Coinbase and other firms in creating tokens or tokenization of assets and securities. The start-up entered into the digital asset...

US Capital Global commits $10 million to NYCQ Fund LP


The private financial group founded in San Francisco, US Capital Global, is trying its hands in cryptocurrency and blockchain industry.  As per the report surfaced on Monday, the FINRA licensed company will be placing $10 million accredited funds for equity stakes in NYCQ Fund LP. CityBlock Capital...

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