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BITCOIN PRICE: 6,478.06     HIGH: 6,513.28     LOW: 6,246.05

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Blockchain Brunch Hamptons White Party • August 21, 2018

 With the SEC decision on the third Bitcoin ETF likely just four weeks away. Right now, there is no better…

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Tag: Coinbase

Coinbase Files Patent to Boost Security For Cryptocurrency Wallets

Category: Business, Finance, News, wallet

Coinbase Files Patent to Boost Security For Cryptocurrency Wallets

Coinbase has filed a patent concerning a new technology designed to increase the security of cryptocurrency wallets. Coinbase’s patent was filed on August 14, 2018, and has been submitted to the United States Patent and Trademark Office (USPTO). The goal is to ensure that users can make direct payments from their Bitcoin wallet without compromising on their security. Freeze Logic…

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Crypto is a Good Store of Value as it Lacks Correlation With Financial Markets

Category: Altcoins, Bitcoin, Business, Finance, News

Crypto is a Good Store of Value as it Lacks Correlation With Financial Markets

Over the past 72 hours, the crypto market and major digital assets including bitcoin have recorded substantial gains against the U.S. dollar, with tokens rising by more than 50 percent, as financial markets struggled. Lack of Correlation with Financial Markets Since 2012, the crypto market has experienced a pattern of bubble-crash-build-rally, recording 70 to 90 percent corrections every two to…

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Coinbase Acquires Distributed Systems to Become the Facebook of Crypto

Category: Blockchain, Business, Finance, News, Platform

Coinbase Acquires Distributed Systems to Become the Facebook of Crypto

In a bid to become the Facebook of the crypto sector, Coinbase, the world’s largest exchange for buying and selling digital currencies, announced the acquisition of Distributed Systems, a three-year-old startup building identity standards for dApps known as the clear protocol on August 16, 2018. The Distributed Systems team, lead by Nikhil Srinivasan, will help Coinbase to form a Facebook-style…

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Coinbase CEO Warns that Cryptocurrency Mass Adoption is a Long Way Off

Category: Development, Exchange, News, Regulation, Tech

Coinbase CEO Warns that Cryptocurrency Mass Adoption is a Long Way Off

In Mid August Brian Armstrong, CEO the world’s largest cryptocurrency exchange, Coinbase warned that mass adoption of cryptocurrencies is going to take much longer than expected. This is a possible harbinger of slowing growth in market capitalization in Bit coin. The Bitcoin price is currently over its psychological threshold of $6,000.  This is a barrier which was crossed twice in…

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Facebook’s David Marcus Leaves Coinbase’s Board as Facebook Ramps up Blockchain Efforts

Category: Blockchain, Business, Development, Exchange, News

Facebook’s David Marcus Leaves Coinbase’s Board as Facebook Ramps up Blockchain Efforts

Facebook executive and head of blockchain research David Marcus has left his board of director position at Coinbase after eight months. According to Bloomberg, Marcus previously accepted a role as the head of a blockchain group at Facebook in May 2018. His departure is a strong sign that Facebook is looking to ramp up their blockchain efforts. Marcus Resigned to…

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Coinbase Announces Instant Crypto Trade, Enhanced Default Limit, and Support for Ethereum Classic

Category: Altcoins, Ethereum, Exchange

Coinbase Announces Instant Crypto Trade, Enhanced Default Limit, and Support for Ethereum Classic

Coinbase, the world’s largest digital asset exchange, announced on its official blog that it will enable immediate trading and will allow a higher default limit to most of its users. The official online announcement was made on August 7 and stated that traders will be able trade cryptocurrency immediately after making a purchase. This is a massive reduction in waiting…

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Jeff Horowitz Becomes Coinbase’s new Chief Compliance Officer; President Bill Clinton to Speak at the Ripple Swell Conference

Category: Exchange, Regulation

Jeff Horowitz Becomes Coinbase’s new Chief Compliance Officer; President Bill Clinton to Speak at the Ripple Swell Conference

On July 31, 2018, Coinbase announced the hiring of the former Pershing LLC executive, Jeff Horowitz, as its chief compliance officer, to add his years of experience in the finance world to the firm and help make Coinbase Custody a reality. That same day, Ripple named former president of the US, Bill Clinton, as keynote speaker of their October Swell…

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Bitcoin Bulls Withstand ETF Rejection to Push Bitcoin Price towards Two-Month High: Week in Review July 30

Category: Altcoins, Bitcoin, Commentary, News, News Digest

Bitcoin Bulls Withstand ETF Rejection to Push Bitcoin Price towards Two-Month High: Week in Review July 30

The price of bitcoin rallied by ten percent week-on-week despite the rejection of the Winklevoss Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC), which caused a brief drop in price mid-week. The SEC declined the appeal of the Winklevoss ETF because “[the] exchange [must] be designed to prevent fraudulent and manipulative acts and practices and to protect investors…

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Cryptocurrency Exchange Coinbase Partners with Digital Gift Card Platform WeGift

Category: Altcoins, Bitcoin, Business, Ethereum, Exchange, News

Cryptocurrency Exchange Coinbase Partners with Digital Gift Card Platform WeGift

In a significant development on July 25, 2018, influential cryptocurrency exchange Coinbase rolled out a “gift card” feature for its European, British, and Austrailian clientele. Customers can now purchase various gift cards via supported cryptocurrencies. Bringing Cryptocurrencies to the Masses As stated in an official announcement, Coinbase has partnered with London-based WeGift, a digital platform that has tie-ups with over…

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Coinbase Investigation Concludes There Was No Insider Trading Ahead of Bitcoin Cash Launch

Category: Altcoins, Bitcoin, Development, Exchange, News

Coinbase Investigation Concludes There Was No Insider Trading Ahead of Bitcoin Cash Launch

Coinbase, the largest cryptocurrency exchange in The U.S. was under the much-unwanted limelight in 2017 when there were concerns that its employees had been a part of insider trading, as the exchange added Bitcoin Cash to its list of assets. Amidst crumbling pressure, Coinbase was forced to start an investigation to look further into the matter, which has reportedly come to…

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