Coinbase to Implement BTC Forks Support

According to official statement, in few months exchange will add the feature of Bitcoin hard forks coins withdrawal
06 April 2018   201

The largest American crypto exchange platform Coinbase announced that in the coming months it will provide its users with the opportunity to withdraw coins that appeared as a result of the forks of the bitcoin network.

This change will allow customers to more easily withdraw assets associated with Bitcoin Forks across all Coinbase products. We are not announcing support for any specific assets at this time. As always, we look at technical, operational, and legal considerations when deciding which Bitcoin Fork assets to support and will always state on our website which particular assets are supported.
 

Coinbase Team

The report also says that the platform intends to work on supporting and future forks of bitcoin in the Coinbase Custody service "Custody will likely support more forked assets than GDAX or Coinbase for the foreseeable future"

It is noted that users of GDAX and Coinbase will be able to withdraw coins from the forks of bitcoin, but not to trade them. The trade-oriented service Coinbase Commerce announced in February that it will not support the assets that have emerged as a result of forks. In turn, the Coinbase Index Fund will not add any assets to the listing if they are not available for trading on the GDAX, the report said.

Also, recently Coinbase announced the "Coinbase Ventures" program, designed for start-up support.

We’ll be providing financing to promising early stage companies that have the teams and ideas that can move the space forward in a positive, meaningful way. At least in the beginning, our goal is simply to help the most compelling companies in the space to flourish. 
 

Emilie Choi

Head of Corp & Biz Dev and Biz Ops at Coinbase

Earlier Coinbase announced that in the coming months it will implement the support of the technological standard ERC20. 

Coinbase Acquires Earn.com Project

Earn’s co-founder and CEO will join Coinbase as the company’s first Chief Technology Officer
17 April 2018   159

On April 16, Coinbase cryptocurrency exchange has announced the acquisition of another startup they found promising. Earn.com is a projects which is developing an app which should allow senders to pay users in digital currency for replying to emails and completing tasks.

A week ago we reported about the launch of Coinbase Ventures, whose goal is to help the most compelling companies to flourish, and yesterday we found out that Coinbase buys the open source, decentralized application and wallet, Cipher Browser.

Coinbase and Earn collaborationCoinbase and Earn collaboration

Moreover, along with Earn.com acquisition, Coinbase also welcomed Earn’s co-founder and CEO, Balaji Srinivasan, who will join Coinbase as the company’s first Chief Technology Officer (CTO).

Over the last several years, the primary way most people have obtained cryptocurrency is through buying it, with many of these transactions facilitated by Coinbase. With this acquisition, we allow users to also earn crypto by doing things they already know how to do — like replying to emails and filling out surveys.
 

Earn.com announcement

For the users of Earn.com, everything will continue as before in the short term, with one exception as Earn.com has put the token launch on the back burner and plans to focus on integrating with Coinbase’s infrastructure and scaling up the service.