Blog
Oct 21st, 2014

Bitcoin for Hacking

Coinbase is excited to announce a partnership with HackerOne, a platform that enables organizations to host bug bounty and vulnerability disclosure programs. Now, white hat hackers from across the world will be able to receive payment for their work in bitcoin. Programs hosted on HackerOne include Yahoo!, Twitter, and Square

The benefit is clear for these researchers. Bounty winners who select bitcoin as their preferred payout option not only receive their payment at lightspeed compared to traditional payment methods, but also receive up to a 5% higher payment thanks to savings passed on from drastically reduced fees.

The launch of this partnership is particularly exciting given our recent international expansion. Recipients of bitcoin in the United States and in more than 18 Eurozone countries can now easily convert their payout to dollars or Euros. 

Oct 17th, 2014

Coinbase is now available in 6 additional languages

We’re excited to announce that Coinbase is now available in 6 additional languages:

  • Español
  • Português
  • Français
  • Italiano
  • Nederlands
  • Deutsch

You can select your preferred language using the drop-down menu found in the bottom right corner of every page.

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As we expand internationally, we want to ensure that Coinbase continues to be the easiest bitcoin platform to use—and this includes being able to use Coinbase in your native language. We’ve also been expanding our customer support team, so we can provide world-class support to our customers in multiple languages.

Behind the scenes, we’ve been building the infrastructure to make it possible to translate Coinbase into even more languages. Today we’re excited to invite you to help out: translate.coinbase.com. Using our new platform, anyone can suggest improvements for existing translations or add entirely new ones. あなたは日本語を話しますか?

Oct 13th, 2014

Come meet the founder of Coinbase in London, Paris, Madrid, or Helsinki next week!

Coinbase is now available in 19 countries. We recently announced our international expansion to 13 European countries followed by an additional 5 just last week.

We’re always interested in hearing feedback from our customers and helping new people learn about bitcoin. To help kicks things off in Europe, co-founder Brian Armstrong will be hosting a series of meet-ups in London, Paris, Madrid and Helsinki.  We’d love to connect with you to discuss the current and future state of bitcoin and Coinbase.

Come have a drink on us, and say hello.  We’ll be in the following locations:

London

  • Monday, October 20th at 6:30pm GMT
  • Hoxton Square Bar & Kitchen - 2- 4 Hoxton Square, N1 6NU, London
  • Sign up here

Paris

  • Wednesday, October 22nd at 8:30am CET
  • Le Maison due Bitcoin, 35 Rue du Caire, 75002 Paris, France
  • Sign up here

Madrid

  • Thursday, October 23rd at 7:30pm CEST
  • Daroca, 15 - Av de Daroca, 15, 28017, Madrid
  • Sign up here

Helsinki

  • Friday, October 24th at 5:00pm EET
  • Startup Sauna - Betonimiehenkuja 3 D, 02150, Espoo
  • Sign up here

 We look forward to seeing you!

We’ll also be doing a live AMA on reddit this Thursday if you’d like to catch us there. Thanks!

Oct 13th, 2014

Welcome John Collins to Coinbase

From the outset, our team has always invested a great deal of time and energy to help educate and inform regulators and other public officials about bitcoin. But as more merchants and consumers adopt the digital currency, and as more policymakers seek to understand its core value and promise, that responsibility has become increasingly large.

Today, we’re pleased to welcome a new member to the Coinbase team, who will help us maintain and grow this commitment: John G. Collins, Head of Government Affairs.

John brings invaluable expertise on regulatory and compliance issues related to bitcoin, and a wealth of experience at the U.S. Capitol. Prior to joining Coinbase, John was a senior advisor to the Senate Homeland Security and Governmental Affairs Committee, serving as a subject matter expert and principal advisor on issues related to digital currencies, emerging payment systems and critical infrastructure security. Prior to that he managed Senator Tom Carper’s successful 2012 reelection campaign.

At Coinbase, John will engage with and educate public officials and lawmakers about bitcoin, and help drive an informed discussion around public policy that protects consumers without stifling the incredible innovation we’re seeing at all levels across the bitcoin community.

Oct 1st, 2014

Coinbase Expands to 5 More Countries and Raises Limits for European Users

We love the fact that anyone with an Internet connection can use the Bitcoin network, but in most countries it is still far too difficult for users to buy and sell bitcoin. Last month, we expanded internationally by adding 13 European countries and today we’re adding 5 more countries to the Coinbase family: Ireland, Sweden, Denmark, Switzerland, Poland. Users in these countries can now link their bank account via SEPA and easily buy and sell bitcoin. For users in France, Italy, Spain, Belgium, Netherlands, and Finland, we have also raised the daily buy and sell limits from 500 EUR to 2000 EUR.

Our mission is to make bitcoin easy to use for the entire world. If we’re not supporting buy and sell functionality in your country yet, signup at our Global page and you will be notified when we add support in your country.

Oct 1st, 2014

Coinbase Checkouts, New and Improved

We recently rolled out an update to our merchant tools, which are used by over 36,000 businesses to accept bitcoin payments. Our new payment pages are simpler to use, nicer to look at, and more customizable.

2-Click Payments

One thing hasn’t changed: users who are already signed into Coinbase can pay with the touch of a button. Instead of scanning a QR code or interfacing with a 3rd party wallet  just two clicks. Payments don’t get simpler.

Buyback

When a purchase is made with a Coinbase account, users can immediately re-purchase the bitcoin they just spent, so that their bitcoin holdings aren’t reduced.

Cover images

Our new design allows for the addition of a cover image — a large, beautiful graphic to brand the payment page as your own.

Responsive

Whether checking out on desktop or mobile, our payment pages adapt to the user’s view and provide an amazing payment experience.

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Try it

Accepting bitcoin payments is easy, and you can choose to instantly convert bitcoin to cash. Get started now or try a demo.

Sep 23rd, 2014

PayPal Expands Commitment to Bitcoin, Adds Coinbase as Referral Partner in Digital Goods Payments Hub

For the second time this month, PayPal is making waves in the bitcoin market. The company announced today that it is bringing the currency to its Digital Goods Payments Hub, giving consumers and merchants with a Coinbase wallet the ability to purchase digital goods with bitcoin.

 

The news follows closely on the heels of our recent announcement with PayPal’s Braintree, a relationship referred to by its CEO, Bill Ready, as PayPal’s “first foray” into bitcoin. As we continue to work with Braintree and collaborate with its developers over the next several months, this relationship with PayPal will provide another immediate opportunity to bring bitcoin to more and more consumers and merchants.

PayPal and Braintree both understand the enormous potential of bitcoin as both a currency and as a protocol, with the latter underpinning their latest efforts to incorporate the technology into existing payment services. We’re excited to continue building this relationship with PayPal, and look forward to helping develop a simple, seamless way for its customers to purchase digital goods with bitcoin.

To learn more about the integration, visit the official website for PayPal’s Payments Hub.

Sep 19th, 2014

Multisig accounts API

Today we’re announcing a new developer tool in beta: our multi-sig API.

We’re still working on a great consumer interface around this, but for today we’re releasing it to developers only.

Does this put me in control of my Bitcoin?

Yes. When you go and create a multisig account, you provide the extended (BIP32) public keys, which only enable us to create new receive addresses for your convenience. Only you have the extended private keys that can sign transactions and move bitcoin out of these addresses.

How to use

Learn how to use the new API in this tutorial.

Multisig accounts are considered an advanced feature and our API is currently in beta, so only use small amounts of bitcoin for the moment.

Sep 16th, 2014

Introducing Toshi - An Open Source Bitcoin Node For Developers

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When we started Coinbase, we took a look at the Bitcoin Core open source project, and tried to decide how we could use it to build a web application. Bitcoin Core is a great reference implementation, but was never designed to query blockchain data in a flexible way (such as through a SQL database) or to scale to millions of users across dozens of servers. And so we built our own Bitcoin node to power Coinbase (which we’ve now scaled to 1.6M wallets).

Today we’re happy to announce Toshi, the next generation of our Bitcoin node, has been open sourced.

Toshi is a full Bitcoin node, that is 100% compatible with Bitcoin Core and makes it easy to build web applications.  It provides an API to query blockchain data, is written in Ruby, and is backed by PostgreSQL.

Read More

Sep 15th, 2014

United Way Worldwide Now Accepting Bitcoin for Donations with Coinbase

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United Way Worldwide is the world’s largest privately held non-profit, and we are excited to announce that the organization is now accepting bitcoin for donations using Coinbase’s merchant tools.  We’re thrilled to enable the Bitcoin community to contribute to United Way’s longstanding mission of mobilizing the caring power of communities across the world to advance the common good.  United Way seeks to improve education, help people achieve financial stability, and promote healthy lives through community initiatives and partnerships with major organizations such as General Electric, Exxon Mobile, and the NFL. The global organization has more than 2.8 million volunteers, 9.7 million donors, and raises over $5 billion a year.

In a matter of days, United Way Worldwide was able to add bitcoin as a donation method on its site and begin processing donations from donors anywhere in the world, instantly and for free. For United Way, Coinbase attracts new donors who may not have donated in the past but are enticed to donate because of the convenience, opportunity to donate small amounts, and tax benefits that bitcoin provides.

Donating bitcoin to United Way Worldwide is the most seamless way for an individual to donate. Coinbase users can donate with two clicks, and anyone with a bitcoin wallet can donate by scanning a QR code or sending funds to a United Way bitcoin address without providing personally identifiable information or payment credentials:

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Bitcoin is an especially attractive payment method because it enables individuals to donate knowing that 100% of the donation will go to the cause.  It’s also simple to donate small amounts, and the lack of transaction fees makes receiving micro-donations ($1.00 or below) economically feasible. 

United Way Worldwide is the latest and largest non-profit to use bitcoin, and we’ve enjoyed working with them. Visit the United Way Bitcoin FAQ to learn more.