Twitter Beta Testing Bitcoin Lightning Network Tipping + More News
Social media giant Twitter is now beta testing a Bitcoin (BTC) Lightning Network tipping service, according to multiple reports.
Coinbase Tries to Claw Back ‘Trust’ with Bitcoin Handouts after 2FA Gaffe
The American crypto exchange giant Coinbase has vowed to win back the “trust” of the customers it spooked with a blunder that saw it send “roughly 125,000” people “erroneous notifications” about changes made to the security settings on their accounts. And the firm has been hoping to quell disquiet by handing “a small number” of its affected customers with bitcoin (BTC) giveaways.
Coinbase users angry with customer support after funds disappear from accounts
Coinbase customers are venting again in frustration with the lack of customer support from the $65-billion company.
8 Crypto Mining Apps Exposed as Fakes - And 120 More are Still in Business
Eight cryptocurrency cloud mining apps that pretended to offer crypto such as bitcoin (BTC) and ethereum (ETH) to users in return for investments into cloud-mining operations were recently found to be fakes, tricking users into watching ads and paying for subscription services, according to a recent report by US-Japanese cybersecurity firm Trend Micro
USD Coin Reserves to Be Held in Cash and Short Duration US Government Treasuries Starting September
Circle, one of the companies of the Centre Consortium, the issuer of USD coin, stated yesterday it would change the structure of the reserves supporting the value of the stablecoin. With help from Coinbase, the company will now only hold cash and short-duration U.S. government treasuries from September. The move seeks to recover the trust of investors that criticized USD coin’s diversified portfolio of investments used as a reserve.
Insurance on Crypto Exchanges Inches Up, KYC Still Weak - Report
Cryptocurrency exchanges are showing an increase in their tendency to insure clients’ assets, a CryptoCompare report finds. On the other hand, KYC stringency is still weak on many exchanges, and a fourth of them were found to send funds to higher risk entities. Overall, there was an increase in the market share of top-tier exchanges compared to half a year ago.
Coinbase Plans to Spend More of its Cash on Crypto After USD 500M Buy
Armstrong made his announcement on Twitter, while the company also affirmed its plans in a blog post – explaining that it would be investing 10% of all of its quarterly profits in crypto purchases.
Coinbase Plans to Spend More of its Cash on Crypto After USD 500M Buy
The crypto exchange giant Coinbase has stated that it wants to spend even more of its profits on buying cryptoassets – but has admitted that its plans will hinge on the sector’s growth prospects.
逐渐“MicroStrategy化”？Coinbase宣布积极的加密投资政策
除了上述的5亿美元，该交易所将拨出其净收益的10%进行投资。
US May Regulate DeFi, El Salvadors Bitcoin Draft Regulations + More News
Decentralized finance (DeFi) projects may still fall under the jurisdiction of the US Securities and Exchange Commission (SEC). The central bank of El Salvador published two draft regulations on how banks should handle bitcoin (BTC).
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