Coinbase released statement regarding BTG and SegWit2X

Coinbase will keep the BTC ticker for the original bitcoin chain and at this this stage it doesn't plan to charge BTG to users
24 October 2017   4044

Coinbase has issued a new statement regarding the SegWit2x and Bitcoin Gold hardforks, confirming that, if SegWit2x implemented, it will keep the BTC ticker for the original bitcoin chain.

The new chain, respectively, will be assigned a B2X ticker.

Any customer with a BTC balance on Coinbase at the time of the fork will be credited with an equal amount of the B2X asset on the Bitcoin2x blockchain. No action is required — we will automatically credit your account. So, if you have 5 BTC stored on Coinbase before the fork; you will have 5 BTC and 5 B2X following the event.

David Farmer
Director of Comms, Coinbase

Refusal to confirm that the original bitcoin will retain the ticker BTC led to fierce criticism of Coinbase and even led to the fact that the largest today crypto-currency company was on the "black list" of

However, now the company has confirmed that all users whose accounts at the moment of fork (block 494,784, tentatively on November 16) will have bitcoins, the corresponding number of B2X coins will be credited. Purchase, sale, as well as deposit and withdrawal of funds will be stopped 24 hours before the fork.

In the future, the company expects that within the next 24 hours the purchase and sale of BTC and B2x will be activated, deposits and withdrawal of funds should become available within 48 hours after the end of the year.

Also, Coinbase confirmed its position on Bitcoin Gold hardfork, saying that at this stage it does not plan to charge BTG coins to users, but it will be ready to do as soon as "blockchain proves to be secure and valuable".

Information about this fork (BTG) has been limited and there are concerns about its security and stability. As a result, we do not believe it is safe to allow support for Bitcoin Gold at this time. If the blockchain proves to be secure and valuable, Coinbase may choose to support it. At that point, your account will be credited with an amount of Bitcoin Gold equal to your Bitcoin (BTC) balance at the time of the fork.

David Farmer
Director of Comms, Coinbase

Hurun to Issue Global Unicorn List 2019

Bitmain, Coinbase and Ripple took first three places in the blockchain unicorn list
22 October 2019   103

Hurun Research Institute counted eleven startups with an estimate of over $ 1 billion in the bitcoin industry.

Bitmain was topped the rating with an estimate of $ 12 billion. Next are:

  • Coinbase - $ 8 billion;
  • Ripple - $ 5 billion;
  • Canaan - $ 3 billion;
  • Circle - $ 2 billion;
  • Binance - $ 2 billion;
  • Block.One - $ 2 billion;
  • Dfinity - $ 2 billion;
  • Ebang - $ 1.5 billion;
  • Bitfury - $ 1 billion;
  • Liquid Global - $ 1 billion

According to analysts, there are 494 technological “unicorns” in the world. Hurun includes non-public companies registered in the 2000s with a capitalization of more than $ 1 billion.

In terms of the number of “unicorns,” the leaders were China (206) and the USA (203). In Europe, the institute counted 34 companies, of which 13 are based in the UK.

Top Countries and cities where the world’s unicorns are based

The blockchain sector ranked 16th in terms of total capitalization. 11 startups are estimated at a total of $ 40.5 billion. This represents 2% of the total capitalization of unicorns at $ 1.7 trillion.

Top Industries
Top Industries

The largest technological "unicorn" in the world is the Chinese fintech company Ant Financial with an estimate of $ 150 billion.

Startups in the bitcoin industry were younger than most - the average age was 5.36 years. The average capitalization rate of industry unicorns is $ 3.7 billion.