Coinbase Wallet Shows Massive XRP Cuts, What’s Going On?
Data shows crypto exchange Coinbase has made a surprising shift in its XRP holdings by reducing its stash from more than 780 million XRP to around 200 million in a matter of weeks. According to data from XRPScan, Coinbase’s total XRP holdings have fallen by a massive 69% from its most recent proof of reserve […]
Related News
Coinbase Wallet just added support for the Solana (SOL) ecosystem and it also plans to further support NFTs and DApps in the near future. Solana And Coinbase The self-custody wallet introduced its initial phase of support to the ecosystem by allowing users to send, receive, and store SOL and SPL tokens through its browser extension. […]
San Francisco-based Coinbase is growing up fast! Launched in June 2012, the company gained tremendous amounts of attention last year when the price of bitcoin started to climb more rapidly than most of us would have predicted. And it shows in the numbers. According to the company's About page, about 950,000 online consumer bitcoin wallets have been set up on the service. A snapshot from the Internet Archive's Wayback Machine dated February 7th, 2013 shows a count of 920,000 consumer wallets. That would suggest that 30,000 wallet accounts have been set up in the last week alone. Going back....
Coinbase has also changed the way it will alert clients to relevant tax information.
Many people from the bitcoin community have expressed their concerns about Coinbase. Coinbase is probably one of the biggest bitcoin ventures if not the biggest. Having said that, is Coinbase becoming the bitcoin equivalent of PayPal? How damaging could that be to bitcoin's infrastructure? Coinbase does not have the features of a bitcoin wallet. As absurd as this might sound, sending and receiving bitcoin isn't everything important about a bitcoin wallet. Bitcoin wallets come with a variety of features that everyone can utilize. Being your own bank is an important point to have in mind.....
It's an especially simplified process for American and Canadian Coinbase users, who can use their debit cards for transfers. On Wednesday, Coinbase launched a new feature, dubbed "Coinbase Pay," that enables its clients to fund their Coinbase Wallets directly from a Chrome browser extension. According to its staff, Coinbase Pay intends to make it intuitive for anyone to participate in decentralized finance, or DeFi, swap tokens on decentralized exchanges, or DEXs, and purchase nonfungible tokens, or NFTs, in just a few clicks. Specifically, they wrote:"Before Coinbase Pay, users who wanted....