Coinbase' insider trading evidence unveiled

Albert Renshaw is claiming that he has discovered additional evidence pointing to insider trading of Bitcoin Cash at Coinbase 
26 December 2017   1701

Businessman and bitcoin enthusiast Albert Renshaw discovered additional evidence of insider trading at Coinbase on the day of listing Bitcoin Cash (BCH). This is reported by Bitcoinist.

As noted by Renshaw, the day before the BCH listing on Coinbase, on the forum / r / Coinbase an unknown user under the name mukiva2 warned traders about the upcoming event, citing a source in the company Coinbase. This discussion was deleted, but it remained in the archive.


Reddit profile mukiva2 was created on December 6, 2017, and the identity of this person remains unknown.

The price of Bitcoin Cash jumped by 370%, which forced Coinbase to temporarily suspend trading. The head of the company, Brian Armstrong, appealed to the community, assuring that all employees are subject to strict rules prohibiting trading on the basis of insider information.

If we find evidence of any employee or contractor violating our policies — directly or indirectly — I will not hesitate to terminate the employee immediately and take appropriate legal action.

Brian Armstrong

CEO, Coinbase

It is also worth noting that traders can file a lawsuit against Coinbase due to trading stop on Friday, related to “technical issues” on the exchange.

Coinbase to List Stellar

As reported, at first, the coin will not be available to residents of the UK and the state of New York
19 March 2019   192

Wallet and mobile applications (for iOS and Android) from leading American cryptocurrency company Coinbase now support Stellar Lumens digital asset (XLM).

Stellar’s cryptocurrency, the Stellar Lumen (XLM), powers the Stellar payment network. Stellar aims to connect banks, payment systems and individuals quickly and reliably. Since its launch in 2014, its vision has been to unite the world’s financial infrastructure so that money can flow quickly and cheaply between banks, businesses, and people. The Internet connected the world’s computers so that information could be shared globally. Stellar aims to do the same for money.

Coinbase Team

The new asset is available to users from most jurisdictions. However, at first, the coin will not be available to residents of the UK and the state of New York.