Questions tagged [Coinbase]

DongdaemunTrendsetting Wed Jul 10 2024 | 7 answers 1473

Have there been any reported incidents of Coinbase being hacked in the year 2021? This question arises given the increasing prevalence of cyberattacks on cryptocurrency exchanges. Coinbase, as one of the largest and most popular platforms in the crypto sphere, would naturally be a prime target for hackers. While the company has a robust security infrastructure, are there any known breaches or vulnerabilities that have been exploited in the past year? If so, what were the details of the hack and how did Coinbase respond? These are important considerations for users who trust Coinbase with their digital assets.

MysticInfinity Tue Jul 09 2024 | 6 answers 1288

Excuse me, as a cryptocurrency enthusiast, I've been exploring various avenues to manage my digital assets. I recently came across Coinbase, a renowned cryptocurrency exchange platform, and was wondering if I could utilize Chime, my preferred payment method, for transactions on Coinbase. Could you please clarify if there's a direct integration between the two, or if there are any alternative payment options available on Coinbase that might be similar to Chime's services? Your insight into this matter would be greatly appreciated.

CryptoAlly Tue Jul 09 2024 | 5 answers 937

Ah, you're inquiring about the Coinbase IPO of 2021? Well, it's actually worth noting that Coinbase didn't conduct a traditional Initial Public Offering (IPO) in 2021. Instead, it opted for a Direct Public Offering (DPO), which is a slightly different process. Coinbase's DPO occurred on April 14th, 2021, where it began trading on the Nasdaq Global Select Market under the ticker symbol "COIN". This choice allowed Coinbase to avoid some of the typical IPO formalities and expenses, such as hiring underwriters. The market capitalization at the time of its listing was significant, reflecting the growth and popularity of digital currencies and the exchange itself.

SilenceSolitude Tue Jul 09 2024 | 7 answers 1733

Could you kindly elaborate on the steps involved in installing a Coinbase wallet extension? I'm new to this and would appreciate a step-by-step guide. Firstly, would I need to visit the Coinbase website or a specific browser extension store? Once there, how do I identify the official Coinbase wallet extension and distinguish it from potential imposters? After selecting the correct extension, what installation process should I follow? Are there any specific browser permissions or security settings I need to be aware of? Finally, once installed, what verification steps should I take to ensure the extension is working properly and securely?

CryptoTitan Tue Jul 09 2024 | 5 answers 1121

Inquiring minds often seek to understand the holdings of major cryptocurrency exchanges. In this regard, one of the pressing questions on many investors' lips is: "How much bitcoin does Coinbase own?" As one of the world's largest cryptocurrency platforms, Coinbase's bitcoin holdings could potentially reveal insights into their financial standing, risk appetite, and even broader market trends. Understanding the scale of their holdings may assist investors in gauging Coinbase's market influence and influence on bitcoin's price movements. Therefore, a clear and concise answer to this query would provide valuable insights into the crypto landscape.