{"id":21582,"date":"2022-07-01T22:56:40","date_gmt":"2022-07-01T22:56:40","guid":{"rendered":"http:\/\/egrowonline.com\/?p=21582"},"modified":"2022-07-01T22:56:40","modified_gmt":"2022-07-01T22:56:40","slug":"coinbase-abruptly-adds-support-for-70-new-altcoins-to-global-custody-service","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=21582","title":{"rendered":"Coinbase Abruptly Adds Support for 70 New Altcoins to Global Custody Service"},"content":{"rendered":"


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Coinbase continues to expand its crypto footprint by extending custodial services support to dozens of altcoins for international customers.<\/p>\n

In a new announcement, the US-based cryptocurrency exchange says<\/a> it\u2019s adding 70 cryptocurrencies to its roster of 150+ assets that are part of the Coinbase Custody International cold storage trust in Dublin, Ireland.<\/p>\n

\u201cThese new assets are only available to be custodied through Coinbase Custody International.<\/em><\/p>\n

They are not available to be custodied through Coinbase Custody Trust Company, LLC.\u201d<\/em><\/p>\n

Coinbase Custody International is a custodial service<\/a> for institutional investors with big money. It launched in 2020 and is designed to give non-US clients around the world a highly secure way to store large amounts of cryptocurrency.<\/p>\n

Among the massive list of new assets is Aioz Network<\/a> (AIOZ), a content delivery network that distributes bandwidth while lowering costs. The project\u2019s website says<\/a> it\u2019s fully interoperable with the Ethereum<\/a> (ETH) and Cosmos<\/a> (ATOM) blockchains and is able to provide instant finality and low transaction fees.<\/p>\n

Also getting the nod from Coinbase is Gameswap<\/a> (GSWAP), a companion platform of Shroom.Finance (SHROOM) which enables gamers to trade non-fungible tokens (NFTs).<\/p>\n

\"Image\"
Source: Coinbase Assets\/Twitter<\/a><\/figcaption><\/figure>\n

Monavale<\/a> (MONA) is the native token of Digitalax which enables users to custom design digital clothing in the form of NFTs. The project brings Creative Commons (CC0) licensing to fashion for the Web 3.0 internet, saying in a blog post<\/a> its long-term goal is to become \u201cthe digital fashion NFT house for all gaming, virtual reality and metaverses in the crypto ecosystem.\u201d<\/p>\n

\"Image\"
Source: Coinbase Assets\/Twitter<\/a><\/figcaption><\/figure>\n

Telcoin<\/a> (TEL) is designed to bridge the telecommunications industry and the wider blockchain space by powering fast transactions, particularly global remittances.<\/p>\n

Orca<\/a> (ORCA) aims to be the most user-friendly decentralized exchange (DEX) on Solana<\/a> (SOL). Orca is a general-purpose automated market maker (AMM) on the Solana blockchain that allows users to swap tokens, stake, and earn yield.<\/p>\n

\"Image\"
Source: Coinbase Assets\/Twitter<\/a><\/figcaption><\/figure>\n

Bonfida<\/a> (FIDA) is built on top of both Solana and Solana-based Serum (SRM) and aims to be an all-in-one platform for data-driven crypto traders. Its platform focuses on metrics like exchange statistics, crypto company reviewing and scoring, crypto trends, and more.<\/p>\n

\"Image\"
Source: Coinbase Assets\/Twitter<\/a><\/figcaption><\/figure>\n

Celer Network<\/a> (CELR) is a scaling platform designed to enable off-chain transactions in a secure manner.<\/p>\n

\"Image\"
Source: Coinbase Assets\/Twitter<\/a><\/figcaption><\/figure>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Featured Image: Shutterstock\/Paopano\/Fotomay<\/em><\/span><\/p>\n<\/p><\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Coinbase continues to expand its crypto footprint by extending custodial services support to dozens of altcoins for international customers. In a new announcement, the US-based cryptocurrency exchange says it\u2019s adding 70 cryptocurrencies to its roster of 150+ assets that are part of the Coinbase Custody International cold storage trust in Dublin, Ireland. \u201cThese new assets […]<\/p>\n","protected":false},"author":1,"featured_media":21583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[3550,223,200,315,3874,270,320,216],"class_list":["post-21582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-abruptly","tag-adds","tag-altcoins","tag-coinbase","tag-custody","tag-global","tag-service","tag-support"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/coinbase-adds-new.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21582"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21582\/revisions"}],"predecessor-version":[{"id":21584,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21582\/revisions\/21584"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/21583"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21582"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}