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Coinbase hires the ex-expert of communications of Facebook & Twitter has their new VP

Prerana Sarkar

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Coinbase hires the ex-expert of communications of Facebook & Twitter has their new VP
Source: Pixabay

Coinbase, one of the top exchange platforms around the globe based in San Francisco, worth $1.6 billion has hired the ex-Director of Technology Communications at Facebook and an ex-team member of a Scaling Communications team of Twitter, Rachael Horowitz as the new Vice President of Communications of Coinbase. Before joining Coinbase, Rachel was working at Spark Capital, an investor of Coinbase as a partner of the firm managing the Marketing and Communications and an Advisor to Spark Capital founders.

The official statement was released on Coinbase blog and Twitter account. The Coinbase team has even announced that they are looking forward to expanding their executive team in order to provide efficient and effective services to all the users since the awareness and adoption of cryptocurrency is rapidly growing. The team includes specialists such as Emilie Choi, the Vice President of Corporate and Business Development, Tina Bhatnagar, the Vice President of Corporate and Business Development and Eric Scro, the Vice President of Finance.

MaxKeiserIsGod, a Twitterati says:

“Stop announcing new member, announce new coins on coinbase.”

Fitsume, another Twitterati says:

“Cryptocurrency exchange Binance is growing, over 7.9 million customers. It’s better for Coinbase to address their customers issues. Otherwise, you lose the competition.”

Peter Sandoval, a cryptocurrency enthusiast says:

“Better communication would be great @coinbase”

Ricky, a cryptocurrency trader, and investor says:

“That’s a good addition as evidently your COO isn’t blessed with the best communication skills. Take example his classy white T-shirt under a button-down.”

Recently, Coinbase hired Christine Sandler has their New Director of Institutional Sales and in addition has announced that they will be funding blockchain and cryptocurrency start-ups.



Brian Armstrong, CEO of Coinbase says:

“I believe that accessed financial services are basic human right. Our currency financial system is broken in a lot of ways, bank account transfers are slow, takes time for fiat money to move around. Today there are about 2 billion people who have access to a cell phone but don’t have access to financial services be it bank account, credit card of any kind.”

The team says that it is their mission to create a financial system that offers innovation, efficiency and, economic freedom to all the people around the globe and Racheal will be helping the team in achieving the same.





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Prerana Sarkar is a part of AMBCrypto's News Reporting Team from January 2018. She is a Journalism major from Mount Carmel with two years of writing experience in Bitcoin and Blockchain related articles. Prerana does not hold any value in cryptocurrency or its projects

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Daily Crypto News – May 25

1) Bitcoin Wallet receives part of 5,000 BTC: A recent Whale Alert highlighted a transaction on May 24, where a large sum of Bitcoin [BTC] exchanged hands between two anonymous wallets. According to the alert the transaction took place at 22:13:23 + 1 minutes and 5,000.00001092 BTC was transferred from an unknown wallet, with address 19SiCYaYKZh9A8HUjuh14eg5wtYzKxiFbB, to another unknown wallet with address 14GcjGjxwadzcpmq9EG3KUgTKATjurbnWt.

Read more at https://bit.ly/2VRQwb0

2) Bitwise Report 2.0: Bitcoin [BTC] futures continues growth: On a month-on-month basis, Bitcoin Futures saw a massive bump in April trading at an average of 10,000 contracts daily, peaking on April 4, with over 22,000 contracts traded. To put that number in perspective, in March 2019, the average contracts traded was less than 4,000. Despite the high standards set in April, the average daily contracts traded in May, with 25 days gone has exceeded 14,000 and still looks to grow, given the price performance of Bitcoin.

Read more at https://bit.ly/2W40sTR

3) Craig Wright on private keys: Craig S Wright has, for years, claimed he is the true creator of Bitcoin [BTC] without providing a shred of evidence to support the same. With the crypto-community levelling, Wright could prove his worth by sending BTC from Satoshi Nakamoto’s touted wallet containing around 980,000 BTCs, the BSV man in a twisted cause and effect situation, stated he will “sign” into his wallet only when he proves he is the creator.

Read more at https://bit.ly/2X6fdlw

4) Tether’s [USDT] market cap hits ATH: Tether and Bitfinex are being closely scrutinized now more than ever due to the NYAG’s lawsuit; however, the scrutiny doesn’t seem to have affected Tether as the market cap of USDT has increased by over $100 million in approximately 70 days.

Read more at https://bit.ly/2McaTjE

5) Tether volume shift: Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges. The magnitude of the topic was so large that even Changpeng Zhao, the Chief Executive Officer [CEO] of Binance had raised red flags. This topic and Tether as a whole received another twist when Larry Cermack, the Director of Research at The Block, pointed out a few parameters when it came to the said volume.

Read more at https://bit.ly/2wmk4mJ

6) Bitfinex’s LEO tokens listed on Delta Exchange: Bitfinex’s Leo tokens faced quite a lot of criticism when they were announced, due to the missing $850 million funds from Bitfinex. The private investment round by Bitfinex also faced a lot of heat from the media. However, in a recent development, Leo tokens are being listed on various exchanges for trading.

Read more at https://bit.ly/2HUEnNB



7) Robinhood en-route a projected valuation of $7 billion: Robinhood, the California-based cryptocurrency exchange made headlines recently when a source close to the organization revealed that it was on the verge of closing their latest round of funding at a valuation of a whopping $7 billion – $8 billion. Sources even claimed that the current round of funding could act as a precursor to an even bigger round of funding, which would pit Robinhood with the bigwigs like Coinbase and Binance.

Read more at https://bit.ly/2W64KKj





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