Coinbase is Watch Ignite Vol. 3 Onlinegetting ready to "moon."
According to Reuters, the San Francisco-based cryptocurrency exchange is secretly preparing to go public, possibly as early as this year. This would mark the first time a U.S. exchange of this size and importance has done so, and suggests that Coinbase believes the good times are back.
The exchange, which was valued at $8 billion in 2018, provides a government-friendly way for people to buy, sell, and HODL (i.e., not sell, spend, or trade) cryptocurrencies like bitcoin, bitcoin cash, and ethereum. Offering a mobile app, and a debit card that works with Apple Pay, the exchange has positioned itself as the go-to spot for people looking to get into the often confusing and scam-filled world of cryptocurrency.
We reached out to Coinbase in an attempt to confirm Reuters' report, but received no immediate response.
Notably, the potential move from Coinbase comes after a rocky few years for the larger cryptocurrency market. From the heady crypto-times of late 2017 and early 2018 (I can almost taste the bitcoin jewelry) to the hard crashes that followed, the ups and downs of the market have left many one-time investors burned. However, if Coinbase is truly preparing to go public via a direct listing, as Reuters reports, perhaps the painful memories of the BUIDL years — with prices so low people resorted to actually trying to make blockchain-related products and services instead of just using them for speculation — have sufficiently faded into the background.
Coinbase is an exchange, after all, and knows exactly how many people are deciding that now is the time to get back into what are likely shitcoins. According to the company, which was founded in 2012, over 35 million people currently use the service.
SEE ALSO: Coinbase CEO calls Libra scrutiny 'un-American'
In 2018, Mashable reported that scores of Coinbase customers had gone to the SEC with allegations of fraud. At the time, Coinbase blamed any problems on "unprecedented growth" — though it's unclear how accurate that was.
Hopefully, for Coinbase and its millions of customers, those messy days are behind it. "Mooning" is a lot harder when you're being bogged down by the past, after all.
Topics Bitcoin Cryptocurrency
The Winners of 92Y’s 2019 Discovery Poetry Contest by The Paris ReviewGone in Sixty Sentences by Rachel KushnerOld Ghosts by The Paris ReviewWhat Our Contributors Are Reading This Spring by The Paris ReviewThe Winners of 92Y’s 2019 Discovery Poetry Contest by The Paris ReviewBest TV deal: Save $20 on Amazon Fire TV 2As Certain as Death and Taxes by Souvankham ThammavongsaSo What If Lincoln Was Gay? by Louis BayardSomehow I Became Respectable by John WatersHow Not to Be Forgotten by Lauren KaneIn the Name of Notre Dame by Chris KnappEscaping Samuel Johnson by Peter MartinThe Winners of 92Y’s 2019 Discovery Poetry Contest by The Paris ReviewGone in Sixty Sentences by Rachel KushnerPoetry Rx: Then the Letting Go by Claire SchwartzHow Not to Be Forgotten by Lauren KaneThe Art of Doodling by The Paris ReviewThe Tale of Genji: What Is It? by Anthony MadridStaff Picks: Bunnies, Berries, and Baffling Omissions by The Paris ReviewBooks Only a Mother Could Love by The Paris Review Polestar 4 gets price and launch date for North America '3 Body Problem': What's the deal with everyone smoking? LinkedIn is testing a TikTok Why don't we have AI Trump to allow imports of elephant trophies on 'case Lucky flight catches glimpse of SpaceX launch from the air Puffer fish stuck in a tree probably isn't the nor'easter's fault Cinema for Gaza: Tilda Swinton, Josh O'Connor, and more auctioning off eccentric experiences How to download songs from Spotify Crypto bro Sam Bankman Get 20% on some of Solo Stove's most innovative products. 'Godzilla x Kong: The New Empire' review: Do the puny humans spoil the fun again? Arizona vs. Clemson basketball livestreams: How to watch live Elon Musk's X tests 'adult content' label for X Brand new black hole image will blow your mind Gonzaga vs. Purdue basketball livestreams: How to watch live Wordle today: The answer and hints for March 28 #rateaspecies is basically Yelp reviews for zoo animals NYT's The Mini crossword answers for March 28 Why '3 Body Problem' is set in the UK
2.3156s , 10106.625 kb
Copyright © 2025 Powered by 【Watch Ignite Vol. 3 Online】,Evergreen Information Network