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Research: almost 47% of users prefer Bitcoin to other cryptocurrencies

47-of-users-prefer-Bitcoin Research: almost 47% of users prefer Bitcoin to other cryptocurrencies

According to a study conducted by the Value Walk news website, 46.7% of users prefer to invest in Bitcoin, rather than other cryptocurrencies.

As part of the survey, respondents were asked a few questions. When answering the question "What is your favorite coin?" 46.7% chose Bitcoin, 31.4% - Ethereum, and 21% - Ripple.

Brian Armstrong: To adopt cryptocurrencies, we must reduce their volatility

Brian-Armstrong-To-adopt-cryptocurrencies Brian Armstrong - CEO of Coinbase

The head of the Coinbase cryptocurrency exchange, Brian Armstrong, believes that in order to take digital assets, it is necessary to reduce volatility, as well as to improve the scalability and use of coins.

Brian Armstrong: $500M in assets under custody now and growing

Brian-Armstrong-500M-in-assets Brian Armstrong - CEO of Coinbase

The head of Coinbase Exchange, Brian Armstrong, said that the Coinbase Custody service is popular and holds more than $500 million in digital assets.

Coinbase Exchange paid $ 30 thousand for the detection of a critical bug

Coinbase-Exchange-paid--30-thousand Coinbase Exchange paid $ 30 thousand for the detection of a critical bug

The American Cryptocurrency Exchange Coinbase paid a reward of $ 30,000 to a hacker who found critical vulnerability in the exchange system.

It is reported that the error was registered on the portal HackerOne on February 21. A Coinbase spokesman stressed that the vulnerability had already been closed, but did not cover the details. The error report itself was also closed from public access, but, given the high reward, the vulnerability was very serious.

Leading cryptocurrency exchanges support Ethereum hardfork Constantinople

exchanges-support-Ethereum-hardfork-Constantinople Leading cryptocurrency exchanges support Ethereum hardfork Constantinople

Coinbase and Kraken, the largest cryptocurrency exchanges in the United States, have joined the ranks of platforms that have confirmed the support of hardwood for Ethereum Constantinople, which will be implemented this week.

Two major exchanges joined Binance, Huobi and OKEx, which previously expressed their support for the upcoming update, and promise to monitor the hardforks, which will be carried out at block 7,080,000. This will probably happen on the night of January 16-17.

President of Coinbase: Institutional investors should tune in for the long term

ICO-NEWS-President-of-Coinbase-Asiff-Hirji Asiff Hirji | President of Coinbase

President and Chief Operating Officer of Coinbase Asiff Hirji said that institutional investors who have short-term goals, it is better not to touch cryptocurrency.

During his speech on CNBC, Hirji stressed that his company warned investors to be cautious during the period of explosive growth of Bitcoin back in 2017, but many cryptocurrency enthusiasts did not heed the warning.

Coinbase CEO urged to donate cryptocurrencies to charity

ICO-LINK-Coinbase-CEO-urged-to-donate-cryptocurrencies-to-charity Brian Armstrong | Coinbase CEO

Brian Armstrong, CEO of the American Cryptocurrency Exchange Coinbase, urged wealthy cryptocurrency holders to donate their assets to charitable or other purposes.

In a blog post on The Giving Pledge, a charity website created by Bill Gates and Warren Buffet to encourage rich people to use their money for worthy goals, Armstrong wrote:

"Once a certain level of wealth is reached, there is little additional utility from spending more on yourself. … Whether it's through improving education, creating a more level playing field, or increasing economic freedom, I'm interested in helping more people see their ideas come to fruition in the world."

Coinbase investment valuation could reach $ 8 billion

ICO-NEWS-Coinbase-investment-valuation-could-reach--8-billion Brian Armstrong | Head of Coinbase

The American hedge fund Tiger Global, most of whose investments are related to consumer brands, plans to invest $ 500 million in the Coinbase cryptocurrency exchange.

If the negotiations are successful, the company's market value will approach $ 8 billion, which will make Coinbase one of the highest-rated startups in the United States, as well as strengthen the legitimacy of the entire cryptocurrency market. There is also information that Tiger Global plans to buy out some of the shares of Coinbase shareholders, but no specific figures have been announced yet.

Coinbase has entered into a partnership agreement with the British bank Barclays

ICO-LINK-NEWS-Coinbase-has-entered-into-a-partnership-with-Barclay_20180315-145448_1

The Coinbase exchange has concluded a deal with the British bank Barclays and has access to the inter-bank system Faster Payments Scheme, which makes faster transfers. This should facilitate the process of depositing and withdrawing funds for British users of the crypto exchange, because before that they had to use the services of one of the Estonian banks. Coinbase also received a license from the Financial Supervision Authority (FSA) of the United Kingdom, which allows the issuance of electronic money and provide payment services on the territory of the country. Thus, Coinbase was in fact equated with the rest of the country's financial institutions, since it will obey the same requirements and have almost the same opportunities. However, the company still has to pass several additional checks, for example, on the separation of customer funds.

High commissions for transactions generate dissatisfaction in the community

ICO-LINK-NEWS-High-commissions-for-transactions-generate-dissatisfaction-in-the-community

In recent weeks, discussions around commissions for Bitcoin transactions and the time of their confirmation have become increasingly tense. Many community members complained about unconfirmed transactions and high cost for medium-sized transactions, which often cost more than $ 30, and a transaction with a large number of inputs can cost more than $ 50.

Such large handlers of Bitcoin payments like Coinbase, Bitpay and Shapeshift warn their users about delays. Bitpay even issued a special application and notified customers that it would no longer process payments in Bitcoins for less than $ 100 due to rapidly growing commissions. However, the next day the platform changed its decision and returned to processing payments of $ 5, but noted that it still recommends making larger payments. This was achieved by sending group transactions for small payments.

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