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| February 20, 2019

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SoFi plans to offer new lending products and move into stock trading

February 17, 2019 |

Social Finance Inc. plans to expand the types of loans it offers and broaden its products allowing customers to trade stocks and exchange-traded funds on its platform this year, according to a letter sent to investors.

The move would generate more competition for other financial technology start-ups…


L.A. Times – Business

Amazon Cancels HQ2 Plans in New York City

February 15, 2019 |

Amazon is abandoning plans for a headquarters in New York City after facing resistance from some local politicians who objected to giving the company billions of dollars in tax incentives.
WSJ.com: US Business

Trump’s company scraps plans for new hotel chains, blaming politics

February 15, 2019 |

President Trump’s company is scrapping plans for two new hotel chains announced two years ago, casting blame in part on a hostile political environment.

The Trump Organization said Thursday that it will no longer try to open hotels under its Scion and American Idea brands catering to budget and…


L.A. Times – Business

New York Is Out: Amazon Ditches Plans to Build There

February 14, 2019 |

Big news from Amazon Thursday: The company is scrapping plans to build part of its second headquarters in New York City, reports the New York Times . The decision comes after critics accused New York of giving away too many concessions to lure the retailing behemoth. Amazon announced last year that…
Newser

Coinbase Noncustodial Wallet Adds BTC Support and Plans to Add More Assets

February 7, 2019 |

Coinbase has announced support for bitcoin core (BTC) in the company’s noncustodial wallet. The wallet was originally originally dedicated to ethereum (ETH), ethereum classic (ETC), ERC721 and ERC20 tokens. The San Francisco based company plans to add more currencies to the wallet in the near future.

Also Read: The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Partners Digital Assets Fund

Noncustodial Coinbase Wallet Now Supports BTC

After building a slew of custodial services, Coinbase released a noncustodial wallet for storing, sending, and receiving ETH, ETC, and a wide array of ERC-based tokens. Coinbase Wallet is a rebrand of the ‘Toshi’ client the company introduced back in April of 2017. The wallet also connects to a dapp browser that showcases certain ETH-fueled platforms. A few weeks ago Coinbase announced the development team was in the midst of adding BTC support to the wallet, and on Feb. 5, Coinbase representative Siddharth Coelho-Prabhu revealed that developers have fully integrated support for BTC. “Our goal with Coinbase Wallet is to create the world’s leading user custodied crypto wallet,” ran the announcement.

“Bitcoin support is activated by default — all you need to do is tap ‘Receive’ on the main wallet tab and select Bitcoin to send BTC to your Coinbase Wallet,” Coelho-Prabhu detailed. “Coinbase Wallet supports both newer segwit addresses with lower transaction fees, as well as legacy addresses for backward compatibility in all applications.”

Setting up a new Coinbase Wallet with username and passcode.

Just like the previous version of the wallet, the light client’s private keys are encrypted on your mobile phone or tablet using secure enclave technology. “This specialized hardware is considered the most secure way to safeguard private data on mobile devices,” Coelho-Prabhu explained. The Coinbase light client also supports the BTC and ETH testnets so programmers can work with testnet coins to deploy cryptocurrency integrated applications. At the moment most applications in the browser, like Peepeth, Instadapp, Totle, Cent, Smartdrops, Compound, Paradex, Oasis Direct, and Airswap are all Ethereum-based protocols. You can also click the “Discover Dapps” button to find more applications within the wallet’s browser.

Backing up the Coinbase Wallet’s private keys and the BTC wallet interface.

Bitcoin Cash, Litecoin, and Other Coins Will Be Supported Soon

Coinbase also details the company will be adding bitcoin cash (BCH), litecoin (LTC) and other popular digital assets soon. When BCH gets added to the wallet lineup there’s a wide variety of dapps that could be added to the Coinbase browser like Memo.cash, Craft.cash, Wormhole, the Simple Ledger Protocol (SLP) and Bookchain.

The Coinbase Wallet’s dapp browser, testnet section, and active wallets.

Not only has Coinbase announced BTC integration, but the company recommends Coinbase.com users should check out the wallet as it gives them control over their keys. The San Francisco company also emphasized the difference between the newly revamped wallet and the firm’s traditional brokerage operations.

“With Coinbase.com, you can buy crypto and Coinbase stores it (along with your private keys) for you; with Coinbase Wallet, you store your own crypto that’s safeguarded by a private key that only you know,” Coelho-Prabhu’s post concludes.

What do you think about the newly revamped Coinbase Wallet with added BTC support? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, Jamie Redman, and the Coinbase Wallet.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post Coinbase Noncustodial Wallet Adds BTC Support and Plans to Add More Assets appeared first on Bitcoin News.

Bitcoin News

Goldman Plans Cuts in Commodities Trading as New CEO Digs In

February 6, 2019 |

Commodities trading at Goldman Sachs, once a huge moneymaker and a central part of the bank’s DNA, is on the chopping block.
WSJ.com: What’s News Asia

Family Plans to Publish Unseen Works of JD Salinger

February 5, 2019 |

For the first time in more than 50 years, unseen works by literary giant JD Salinger—creator of the iconic Holden Caulfield—will be published, though it’s not clear exactly when. Matt Salinger told the Guardian that his father, who died in 2010, never stopped writing, though his last new…
Newser

CNN

Nissan cites Brexit ‘uncertainty’ as it scraps plans to build model in Britain

February 3, 2019 |

Japanese car manufacturer Nissan has confirmed it is scrapping plans to build a new model in the English city of Sunderland, citing uncertainty over Brexit and further highlighting employers’ fears of a no-deal departure by the UK from the European Union.
CNN.com – RSS Channel – World

Japanese Tycoon Plans to Fly With SpaceX, but His Latest Projects Have Failed to Launch

February 3, 2019 |

Yusaku Maezawa, who bought the first ticket to fly around the moon on Elon Musk’s SpaceX vehicle, is losing momentum on Earth. After years of rapid growth for his fashion e-commerce site, some big brands are backing away and competition from the likes of Amazon.com is rising.
WSJ.com: What’s News Asia

Japanese Tycoon Plans to Fly With SpaceX, but His Latest Projects Have Failed to Launch

February 3, 2019 |

Yusaku Maezawa, who bought the first ticket to fly around the moon on Elon Musk’s SpaceX vehicle, is losing momentum on Earth. After years of rapid growth for his fashion e-commerce site, some big brands are backing away and competition from the likes of Amazon.com is rising.
WSJ.com: US Business