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…

Coinbase Adds Cross-Border Wire Transfers for Whales in Europe and Asia

Crypto exchange Coinbase is launching cross-border wire transfers for institutional clients in Asia, the U.K. and Europe. Coinbase said in an announcement Tuesday that, for clients in countries where fiat payments rails aren’t yet available, the firm will now support inbound and outbound SWIFT transfers from non-US bank accounts. It added: “This new feature will allow Coinbase customers in many countries throughout Asia and EMEA to access Coinbase’s deep pool of crypto liquidity for the first time.” Simultaneously, the firm said it will offer new OTC trading desks for U.S.…

Who’s Left, Joined and Almost Joined Coinbase Since Its $300 Million Raise

Crypto exchange startup Coinbase is a hot place to work – and undoubtedly a coveted resume destination for technologists looking to advance their careers in Silicon Valley. One of the cryptocurrency industry’s few unicorns – or companies with a valuation over $1 billion (Coinbase was valued at $8 billion in its last $300 million funding round in October 2018) – the San Francisco-based exchange has nearly 800 staff members and is adding “dozens of employees each week,” spokesperson Rachael Horwitz told CoinDesk. This aggressive expansion has included opening an office in New…

Coinbase Adds Crypto-to-Crypto Trading for Retail Customers

Coinbase users can begin trading cryptocurrencies directly with other cryptocurrencies, the exchange startup said Monday. The company is adding support for crypto-to-crypto trading for its retail customers, adding a feature that has long been available to professional cryptocurrency trading services, said product manager Anna Marie Clifton. Users on Coinbase.com, as well as the Android and iOS apps, will be able to begin trading bitcoin pairs in the coming days through the new feature, called Coinbase Convert. She told CoinDesk that while trading pairs are “a pretty common paradigm in the…

Spend your crypto balance on e-gift cards – The Coinbase Blog

We often hear from customers that they want to be able to do more with their cryptocurrency. We’ve spent 2018 focused on behind-the-scenes utility work to help them do just that. This work has culminated in 12 big updates that we’re excited to share with the community — one announcement every day for our very own 12 Days of Coinbase. These are our holiday season thank you to the community as we head into a big 2019. What better way to start the 12 Days of Coinbase than with a new way…

Empowering Venezuelan families with GiveCrypto – The Coinbase Blog

At Coinbase, we’re dedicated to creating tomorrow’s open financial system, not only by allowing people to buy crypto, but also to use it. GiveCrypto.org (founded by CEO Brian Armstrong) takes some of the best parts of that system — cross-border accessibility, ease of small payments, and real-time transfers — to empower those who don’t have enough in our legacy economy. That’s why we’re using 12 Days of Coinbase as an opportunity to make a $10,000 donation in Zcash ($ZEC) to support their pioneering work. Our donation will support GiveCrypto.org’s project in the Venezuelan border…

Scaling & Developer Productivity – The Coinbase Blog

At Coinbase we care about developer productivity. As we’ve scaled from a single service to many, we’ve invested in tools that give us the confidence to rapidly ship new services to production. Like other growing technology companies we’ve been scaling our once monolithic infrastructure through new microservices that encapsulate well defined tasks, buy-down technical debt and help us move fast. As we’ve gone down this path our DevOps team has worked to maintain high developer productivity. We’ve used data to guide our work that we’re now sharing here and hope…

How Did Twitter CEO’s Square Overtake Coinbase as #1 Bitcoin Buying App?

Square, a payment platform for merchants and individual users operated by Twitter CEO Jack Dorsey, has surpassed Coinbase to become the most widely used iOS app to buy Bitcoin (BTC). The platform, called Cash App on Apple’s iOS store, also overtook YouTube to become the number one top free mobile application on the iOS store, demonstrating a rising demand for digitalized payment systems in the U.S. market. The easiest way for every single person in America to buy bitcoin is #1 on iOS today 💪 @CashApp pic.twitter.com/nYUt6tSkIJ — Miles Suter…