Coinbase updating

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Another Feather in the Coinbase Collection
Coinbase’s approach to educating the masses on the cryptocurrency is simple and straightforward. The Bundle offered by the exchange contains all five cryptocurrencies listed on the exchange, namely, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and Ethereum Classic.

The users can decide on how much cryptocurrencies they wish to hold. The exchange will calculate a “diversified portfolio of available cryptocurrencies,” depending on the current market cap at the time the user places an order.

Interestingly, the Bundles start at $25 and gives users the chance to own grouped cryptocurrencies as per their discretion. Following the purchase of the bundle, the assets in question are distributed in their respective wallets and behave similarly to independent tokens in a user’s digital wallet. This means that cryptocurrencies can be traded independently thereafter

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 Coinbase is being valued at $8 Billion as the company is in talks with Tiger Global for an investment up to $500 Million.
https://blockmanity.com/news/coinbase-valued-8-billion-charles-schwab-board-member-joins-coinbases-board/
That's why many alternatives coins which want be listed on coinbase because it is big market with big money of traders on there.

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Coinbase Implements "Child Pays for Parent" Protocol to Mitigate Bitcoin Fees
In a Medium post published October 2, 2018, Coinbase explained why their engineering team is taking another look at the established Child Pays for Parent technique to make sending and receiving bitcoin a more consistent experience. https://btcmanager.com/coinbase-child-pays-for-parent-protocol-bitcoin-fee-volatility/ it is good information about coinbase related with the fee

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​​Coinbase’s Head of the institutional platform group Adam White decided to leave the company after managing the business for nearly 6 years, during the times when Bitcoin was trading around $200.

As the representatives of the company stated: While we’re extremely sad to see him go, we’re also confident in that group’s ability to keep executing on the vision that he laid out to be the most trusted venue for institutional investors to trade cryptocurrencies.

White’s departure may have come as a surprise to the company, which has recently been making a lot of efforts to create an infrastructure focused on institutional clients, and is also striving to become the leading trading platform for retail investors.

Also it became known that Jonathan Kellner, the former chief executive officer of Instinet will be covering the same responsibilities, as Mr. White.

CEO Brian Armstrong also added:  Over the past five years, Adam helped us build our exchange business into the largest U.S.-based crypto-trading venue, and was integral to growing Coinbase’s global presence and scaling our culture to multiple offices.

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The global cryptocurrency exchange based out of San Francisco, Coinbase, has announced the firm will now support Circle’s USDC stablecoin on its exchange and brokerage service platforms. Coinbase believes that blockchain-based digital dollars like USDC provide many benefits to the cryptocurrency market ecosystem. I think it is good information for the traders of coinbase because there is stable coins to protect their values of money when the price of cryptocurrencies goes down.

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The New York State Department of Financial Services has licensed a subsidiary of Coinbase to operate as an independent qualified custodian. The regulator has also approved Coinbase’s custody services for six major cryptocurrencies. You can check on here https://news.bitcoin.com/new-york-regulator-coinbases-custody-cryptocurrencies/ to getting more information and knowledge about the regulation of cryptocurrencies on coinbase.

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Coinbase has reduced its staff to 15 people. A few people from customer support service, the department of legal compliance and the fraud detection department have left, while others still work remotely.

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Coinbase has raised more money this month after raising $100 million in August in a series D funding round. The company announced on Oct. 30 that the corporation has secured another $300 million from various venture capital investors. The companies who participated in the series E round include Polychain Capital, Y Combinator Continuity, Wellington Management, and Andreessen Horowitz. According to the company’s blog post, Tiger Global Management led the latest Coinbase investment round. It is good progress of coinbase with alot of capital in it.

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​​Coinbase, most probably, will launch an over-the-counter platform in response to large investors’ demand.

The OTC platform will complement the company's main business areas:

As the representative stated: “We decided that it would be a great advantage for our customers to be able to use our exchange and the OTC platform.”

The company also plans to expand the range of services and offer the option of deferred payments, and is also considering the possibility of integrating the OTC platform with the Coinbase Custody service.

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​​Coinbase released a new version of the Coinbase Wallet.

A support for all ERC-20 tokens was added.

Developers stated that for existing Coinbase Wallet users, the ETC address will be the same as the current Ethereum (ETH) address. Therefore, ETC coins that might have been sent to the ETH address in the past will be displayed after the update.

The launch of the Coinbase Wallet and browser that replaced the Toshi decentralized mobile browser, was announced by Coinbase in August of this year. In the same month, they added support for Ethereum Classic.

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​​Coinbase intends to register the trademark BUIDL.

This is known from the application on the website of the United States Patent and Trademark Office.

The term “buidl”, popular in the crypto community, is derived from the word “build”. This word is formed by analogy with the term “hodl”, meaning long-term investment in digital assets. BUIDL implies the creation and development of new blockchain products, and not just storage of crypto active assets.

The application explains that the term "BUIDL" refers to software using the SaaS model (software as a service), which provides the tools "to carry out transactions using virtual currency". In particular, these SaaS solutions will include “software for managing, buying, selling, storing, exchanging, sending and receiving virtual currency”.