Jack Dorsey suggested in a tweet sent on Sept. 30 that Bitcoin cannot be separated from political activism, which makes Coinbase CEO Brian Armstrong’s decision to not take a position on the Black Lives Matter movement pointless.
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With Ethereum gas fees through the roof, Coinbase CEO Brian Armstrong is no longer picking up the tab for Coinbase Pro users (Photo: Techcrunch)Enough is enough: Coinbase Pro to stop absorbing gas fees and pass costs on to ETH users
The announcement comes as expenditure on transaction fees reaches a record high, with close to $1 million spent in a single hour
In a series of tweets on Sep. 17, the exchange said decentralized finance’s explosion in popularity, alongside wider levels of crypto adoption, were key factors in its decision. With networks getting more congested because of higher numbers of transactions (and gas fees going up as a result,) it seemed inevitable this policy wouldn’t be sustainable forever.
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Crypto scams and hacks are still rampant — can Binance succeed where others have failed? (Photo: Binance)Fed up with scams and hacks, Binance launches industry-wide alliance against crypto crime
Binance, one of the world’s biggest exchanges, believes closer collaboration between exchanges, analytics firms, and cybersecurity experts can help reduce thefts and abuses
In time, it is hoped that members of the alliance will be able to share and access real-time intelligence on hacks, scams and other malicious activity in private—meaning sensitive information concerning users and businesses doesn’t need to be shared with rivals. It’s hoped that there will be a better chance of safeguarding funds as a result.
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Brian Armstrong didn't think deals with the Secret Service and IRS were "particularly newsworthy." Readers disagreed. (Photo: Techcrunch)First the feds, now the taxman: Coinbase inks $125K deal with IRS
The latest contract has the potential to alienate Coinbase’s exchange users—as some are concerned data about their transactions could be passed on to government agencies
Fresh from infuriating some customers after offering blockchain analytics software to the U.S. Secret Service, Coinbase has inked an even more lucrative deal… with the taxman. Records uploaded to a government website show the crypto company signed a contract with the Internal Revenue Service on July 14 that’s worth at least $125,000.