Coinbase is actively exploring opportunities within regions where regulatory frameworks for the cryptocurrency industry are well-defined. In the near future, its primary focus will be on the EU, U.K., Canada, Brazil, Singapore, and Australia.
OpenCover, a company that secured $4 million in seed funding with prominent investors such as NFX and Jump Crypto at the helm, recently received an additional injection of $200,000 in funding from Coinbase to enhance its launch on Base.
Coinbase (COIN) reported securing $57 million for their platform as of September 1, as detailed in an official filing with the SEC.
Cryptocurrency List at Coinbase
Is Coinbase Safe? If we define safety as bitcoin security, then we can say that Coinbase is pretty safe. So far, the exchange has a pretty good security record. Some of the last reported incidents date back to 2014. At the time, individual user accounts were getting phished. Since then, the API vulnerabilities received significant fixes.
Yes, the Coinbase wallet is a non-custodial wallet offered by Coinbase, while Coinbase itself mainly functions as a centralized, custodial cryptocurrency exchange. If you have a Coinbase account, Coinbase will hold your funds in their own wallets, much like a bank holds funds for customers.
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