Coinbase capitalizes on the altcoin craze to profit off users. Their “Top 10 Picks'' omits bitcoin and everything else on the list has performed poorly.
MARA, a cryptocurrency infrastructure company backed by Coinbase, will advise the Central African Republic on bitcoin adoption after making it legal tender.
Bloomberg reported that Coinbase borrowed an undisclosed amount of cash that was collateralized by bitcoin in a historic transaction from Goldman Sachs.
Silvergate saw customers deposit an average of $14.7 billion worth of bitcoin and cryptocurrency to the firm’s platform during the first quarter of this year.