Coinbase has unveiled a new tool that can automatically audit smart contracts built on Ethereum that use the Solidity programming language. Designed to be used by smart contract auditors, asset issuers and other exchanges, the firm has plans to make the tool open source later this year In a Wednesday post, Coinbase principal blockchain security engineer Peter Kacherginsky announced the firm’s new security analysis tool dubbed “Solidify,” which was created to improve on the “time-intensive and error-prone” process of manual smart contract analysis. The engineer noted that the exchange’s token listing process requires extensive security reviews and “risk mitigation recommendations” …

Cryptocurrency IRA and 401(k) provider iTrustCapital has integrated Coinbase Custody into its platform, offering retirement planners more robust security for their digital-asset investments. The integration means iTrustCapital clients will have their assets secured by Coinbase Custody’s cold storage, offering another layer of protection from attacks. Coinbase Custody maintains both SOC1 Type II and SOC2 Type II certifications, which means it undergoes regular financial audits. Assets held with iTrustCapital are also backed by a commercial crime insurance policy valued at $255 million, the company said. The added protection applies immediately to all current iTrustCapital IRA and 401 (k) clients. Coinbase is …

The token prices of Shiba Inu (SHIB) and Chiliz (CHZ) jumped 33% and 26%, respectively, on Wednesday, following the announcement of the pair’s listing on Coinbase Pro. Inbound transfers for Shiba Inu and Chiliz were announced alongside Keep Network (KEEP) by Coinbase Pro on Tuesday. Trading is set to begin on Thursday, assuming liquidity conditions are met. The trading pairs will launch in three phases: post-only, limit-only and full trading. Shiba Inu burst onto the scene in late April, seemingly as a bi-product of the attention brought on meme cryptocurrency Dogecoin (DOGE) by Tesla CEO Elon Musk. The token’s imagery …

The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000 as a sign that the market could be shifting in favor of bulls. Data from Cointelegraph Markets Pro and TradingView shows that within the last few hours Bitcoin price rallied to $41,330 but the breakout was swiftly met by selling at overhead resistance levels. Another gauge of investor sentiment as highlighted by Rekt Capital is the 200 exponential moving average (EMA), which Bitcoin attempted to surpass on Tuesday but was firmly rejected. …

United States-based retirement plan provider ForUsAll is joining forces with Coinbase to allow clients to invest up to 5% of their portfolio assets in cryptocurrencies. The pension provider, which primarily serves small to medium-sized businesses, is working to offer exposure to more than 50 cryptocurrencies in a product called Alt 401(k). The firm’s co-founder and chief investment officer, David Ramirez, acknowledged concerns regarding offering crypto products in pension portfolios due to their volatility but argued that U.S. citizens will be at a “disadvantage” if they are not given the option of accessing crypto assets in their retirement plans: “The average …

The United States’ largest cryptocurrency exchange, Coinbase, is setting up an office in New York. The Nasdaq-listed cryptocurrency exchange has subleased 30,000 square feet from Steven Cohen’s investment firm Point72 at Related Companies’ 55 Hudson Yards in New York, the New York Post reported on Sunday. A spokesperson for Coinbase confirmed the company's plans to establish an office in New York, stating, "We will be opening a second office in NYC to support flexible work schedules as we are a remote-first company." Citing sources from a real estate firm, the New York Post notes that Coinbase’s upcoming New York office …

Jesse Powell is rethinking Kraken’s plan to go public, which is set for late 2022, following the uninspiring performance of Coinbase stock since its launch on April 14. Speaking with Fortune on Friday, Powell stated that in light of the performance on Coinbase’s direct public offering, the firm is now considering an initial public offering (IPO) more “seriously now,” as the firm is looking to avoid potential issues a direct listing presents: “Not having lock-ups, having billions of dollars of insiders be able to dump their shares, you know, on day one [...] I think it has a dampening effect …

Coinbase chief security officer Philip Martin has refuted suggestions the American crypto exchange was involved in any seizure of crypto assets related to the recent Colonial Pipeline ransomware attack. Martin took to Twitter on Tuesday to explain the firm’s involvement, or lack of it, with the Department of Justice’s warrant for the seizure of Bitcoin. “Coinbase was not the target of the warrant and did not receive the ransom or any part of the ransom at any point. We also have no evidence that the funds went through a Coinbase account/wallet.” 1/ I've seen a bunch of incorrect claims that …

Some of Dogecoin’s (DOGE) observable metrics depict a blockchain in violent flux amid the fallout from the meme coin’s Coinbase Pro listing. The dollar amount sent across the blockchain in a single day exceeded $47 billion on Thursday — a 690% increase on the figure from less than a week before. Dogecoin’s price climbed 40% in a single day shortly after Coinbase announced it would open its doors to Doge deposits on Coinbase Pro on Tuesday, June 1, with a view to commencing trading on June 3. Trading across five trading pairs went ahead on Thursday, and by Friday morning …

Dogecoin (DOGE) prices jumped by nearly 40% on a 24-hour adjusted timeframe on Wednesday, shaking out more than $16 million worth of bearish leverage in just one hour while almost reclaiming its pre-crash high. Leveraged bearish traders caught themselves on the wrong side of trading after Coinbase Pro, a United States-based crypto trading platform, announced that it would enable DOGE trading to its portal from Thursday. “Starting immediately, we will begin accepting inbound transfers of DOGE to Coinbase Pro,” Coinbase confirmed in its blog post. “Once sufficient supply of DOGE is established on the platform, trading on our DOGE-USD, DOGE-BTC, …

Meme cryptocurrency Dogecoin (DOGE) gained more than 40% early on Wednesday morning, following its listing on Coinbase Pro and yet another flurry of tweets from self-appointed DOGE spokesperson Elon Musk. Coinbase announced the listing of Dogecoin on its pro trader platform, Coinbase Pro, on Tuesday, sparking a swift revival in the coin’s fortunes. DOGE’s price sank 59% over the course of the previous month, following the wider market crash in early March. On Tuesday, the coin’s price jumped from $0.3137 up to $0.4398 in the hours following the Coinbase announcement, resulting in 40% growth overnight. Coinbase is now accepting inbound …

Coinbase Pro, the professional trading arm of the Coinbase cryptocurrency exchange, has begun accepting inbound transfers for Dogecoin (DOGE), setting the stage for wider adoption of the meme-based digital asset. Trading of DOGE will go live on Coinbase Pro on Thursday at 4:00 pm UTC, provided that liquidity conditions are met, the exchange announced Tuesday afternoon. Starting today, inbound transfers for DOGE are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9AM PT on Thursday June 3, if liquidity conditions are met. https://t.co/sFYODy4Xma …