Coinbase Exec Dan Romero Leaving Crypto Exchange After 5 Years

Cryptocurrency exchange Coinbase is losing another executive. Dan Romero, who works as vice president for Coinbase’s international business, announced in a Medium post on Friday that he will be leaving the firm at the end of this month. Romero joined Coinbase in April 2014, according to his LinkedIn profile. While he didn’t provide a specific reason for departing the firm, Romero said: “Staying true to a mission often requires doing hard (or even unpopular) things. But I’ve been lucky to learn first-hand that it’s those hard things that often generate…

Coinbase Tops JPMorgan in LinkedIn List of Most Popular Employers

Cryptocurrency exchange Coinbase has ranked above investment banking giant JPMorgan in LinkedIn’s top 50 U.S. employers list for 2019. The networking platform for professionals published the list on Wednesday, ranking Coinbase at number 35, 9 spots ahead of JPMorgan at number 44. No other cryptocurrency or blockchain firm made the list. Coinbase has predominantly hired staff in engineering, IT and human resources roles in the recent past, and has a current headcount of about 600 employees in the U.S., the report indicated. The exchange’s employees can choose to be paid partially or…

Easily transfer crypto from Coinbase.com to your Coinbase Wallet

We’re excited to announce that you can now link your Coinbase.com account to your Coinbase Wallet app. Once your Coinbase account is linked, you can easily transfer crypto to your Wallet app with just a couple of clicks, anytime you need it. The Coinbase Wallet app is Coinbase’s user-controlled cryptocurrency wallet. With Coinbase.com, you can buy crypto and Coinbase stores it (along with your private keys) for you; with Coinbase Wallet, you store your own crypto (safeguarded by a private key that only you know). To learn more, visit our…

Coinbase Completes First OTC Crypto Trade Directly From ‘Cold’ Storage

Coinbase Custody has just completed its first over-the-counter (OTC) trade directly out of cold, or offline, storage. Announcing the news in a blog post on Wednesday, the San Francisco-based cryptocurrency exchange said the trade occurred after its Custody service had been “directly integrated” with the OTC desk at Coinbase Pro. The news, it said, was a “major unlock” for its clients as it marked the availability of “immediate” liquidity. Previously, a trader would have to withdraw assets from cold storage – where the private keys are kept on a device…

Reacting to Public Ire, Coinbase Drops Neutrino Execs With Hacking Team Ties

After a week of community discontent, cryptocurrency exchange Coinbase has decided to sever its business relationship with Neutrino employees who previously worked at the notorious Italian malware/software provider Hacking Team. Blaming “a gap in [Coinbase’s] diligence process,” CEO Brian Armstrong writes in a Medium post that Coinbase “did not properly evaluate everything from the perspective of our mission and values as a crypto company.” “We took some time to dig further into this over the past week, and together with the Neutrino team have come to an agreement: those who…

Coinbase Pushes Out Ex-Hacking Team Employees Following Uproar

Coinbase is parting ways with several employees from Neutrino following widespread criticism over the crypto exchange’s acquisition of the blockchain analytics firm. CEO Brian Armstrong announced in a blog post on Monday that Coinbase and Neutrino have decided they will let go Neutrino employees who previously worked for Hacking Team, whether or not they still have any current affiliation with that company. It’s unclear exactly how many of Neutrino’s employees had worked for Hacking Team, except for the three senior executives listed on the blockchain-sleuthing startup’s website: CEO Giancarlo Russo, CTO…

Coinbase Exchange Users Can Buy and Sell XRP Starting Today

Crypto exchange Coinbase is launching support for XRP, the third-largest cryptocurrency by market capitalization. The exchange announced Monday it would be listing XRP on its professional trading platform, Coinbase Pro, in “transfer-only” mode, meaning customers can only deposit tokens to begin with. After a minimum of 12 hours, the company plans to activate other trading services, though this timeline is variable. Initially, Coinbase Pro customers in the U.S. (excluding New York state), the UK, some EU nations, Canada, Singapore and Australia will be able to access XRP, with support for…

Coinbase Wallet Now Compatible with Google Drive and iCloud

As of yesterday, users using a Coinbase Wallet can now back up an encrypted version of their private keys to their personal cloud storage account. These accounts include either iCloud or Google Drive. Coinbase released this announcement via its personal blog yesterday. Coinbase Wallet Upgrades 🔐☁️ Introducing Cloud Backup for your private keys on Coinbase Wallet! Backup to your personal iCloud or Google Drive, and explore the open financial system with peace of mind. https://t.co/6uaHT8AZky — Coinbase Wallet (@CoinbaseWallet) February 12, 2019 This new feature is making many within the cryptocurrency…

Coinbase Extends PayPal Withdrawal Option to 32 European Countries

Coinbase customers in the EU and the European Free Trade Association (EFTA) countries can now make withdrawals into their PayPal accounts. The San Francisco-based cryptocurrency exchange announced the news Tuesday, explaining that, until now, European customers have had only Single Euro Payments Area (SEPA) and UK Faster Payments options available for withdrawals. The expanded service means customers of 32 European countries will now have the PayPal withdrawal option, with a total of 28 member countries in the EU and the four nations of the EFTA: Iceland, Liechtenstein, Norway and Switzerland. Support for…

From Mar-a-Lago to Coinbase, Dubious Claims Follow Doc.com Token Sales

A health startup tied to a public cryptocurrency is using overstated language about some of its industry relationships and its affiliation with crypto exchange Coinbase as it seeks to sell tokens to investors, a CoinDesk investigation has found. Mexico City-based Doc.com, which offers an app that provides healthcare and psychology consulting to underprivileged communities, also features a built-in wallet for the startup’s cryptocurrency, MTC. The venture-backed startup raised over $1.8 million in an initial coin offering (ICO) in 2018, then integrated MTC into its app in July of that year…