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Coinbase Adds Support for Polygon and Solana Simplifying Access to Web3 – The Defiant

Coinbase, the largest crypto exchange in the U.S., has enabled transfers on Ethereum competitor Solana and on scaling solution Polygon.  The move will make it easier for users to access Polygon and Solana, and will simplify sending assets across networks, a process that’s time-consuming and expensive.  “Sending crypto on Ethereum has become increasingly expensive for […]

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US

Coinbase Global redesigns mobile app to make web3 more accessible to users (NASDAQ:COIN)

Leon Neal/Getty Images News Coinbase Global (NASDAQ:COIN) said Wednesday it has redesigned its mobile app to include a new decentralized application (“dapp”) browser allowing its users to more easily search for decentralized finance (“DeFi”) protocols as well as non-fungible tokens. The updated mobile app, which aims to funnel users to the web3 ecosystem, is starting […]

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US

Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto – Bitcoin News

Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdoored imposter wallets. The apps are distributed via cloning of legitimate sites, giving the appearance that the user is downloading an original app. Malicious Cluster Targets […]

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US

For blockchain companies, innovation over intervention is the need of the hour

The steady stream of upsetting news from the crypto world over the past few weeks is enough to make even the most enthusiastic Web 3 supporter take a step back and assess his position. With Bitcoin diving to an 18-month-low and showing no signs of stopping anytime soon, crypto lenders such as Celsius halting transactions […]

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US

This Week in the Metaverse: Hellboy comes to The Sandbox, Charli XCX performs on Roblox

Things are moving fast in the metaverse, and in the wider world of Web3 as a whole. Depending on who you ask, this futuristic, blockchain-based space is either the next big thing for marketing — and for almost everything else — or an overhyped fad. Here’s what you need to know from this past week: […]

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Pets

Analysis | Coinbase Made Some Pets.com-Level Mistakes

Placeholder while article actions load Crypto has long been sold as the tradition-busting future of finance, but its collapse is following a decades-old script. Take Coinbase. The crypto exchange went public at $250 a share in April 2021, when Bitcoin was worth more than $63,000, near its all-time high. Now Bitcoin is flirting with $20,000, […]

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Business

Coinbase plunges more than 14% as bitcoin dives

The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Coinbase shares are down more than 14% on Monday morning. Shares were down more than 21% before markets opened. Coinbase makes […]

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US

Web3 DAO Samudai raises $2.5 million in pre-seed funding

Samudai, a DAO (Decentralised Autonomous Organization) platform for building and managing communities in the Web3, has closed a $2.5 million pre-seed funding round from well-known investors like FTX Ventures, Sino Global Capital and Coinbase Ventures. The round also saw participation from prominent angel investors like Balaji Srinivasan and Polygon founder Sandeep Nailwal. Based in Singapore, […]

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Gaming

Coinbase is retracting job offers amid hiring freeze | Engadget

Coinbase isn’t just freezing new hires as it grapples with a rough cryptocurrency market. Protocol says Coinbase is now rescinding some of its already-accepted job offers. The company determined that it needed to take “more stringent measures” to slow its growth and limit expansion to the most important segments. This will improve the company’s recovery […]

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Business

Coinbase extends hiring pause for ‘foreseeable future’ and plans to rescind some offers

Brian Armstrong, cofounder and CEO of Coinbase speaks onstage during ‘Tales from the Crypto: What the Currency of the Future Means for You’ at Vanity Fair’s 6th Annual New Establishment Summit at Wallis Annenberg Center for the Performing Arts on October 23, 2019 in Beverly Hills, California. Matt Winkelmeyer | Getty Images Two weeks after […]