Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Coinbase Custody Adds Support for 16 Altcoins, Including 13 Ethereum-Based Tokens

by Daily Hodl Staff
June 10, 2022
in Altcoins

Coinbase continues to expand its crypto footprint in a major way by extending custodial services support to more than a dozen altcoins.

In a new announcement, the US-based cryptocurrency exchange says it’s adding 16 new cryptocurrencies to its roster of 200+ assets that are part of the Coinbase Custody cold storage trust, a baker’s dozen of which are built on Ethereum (ETH).

Coinbase Custody is a custodial service for institutional investors with big money. It’s chartered in New York State and designed to give clients a highly secure way to store large amounts of cryptocurrency.

First getting the nod from Coinbase is CPUcoin (CPU), a provider of computing power for decentralized applications (DApps) which calls itself the Airbnb of CPU/GPU solutions.

Next up is CRE, native token of the Carry Protocol, an ecosystem that helps consumers both protect and monetize their data while engaging with merchants and advertisers.

Also added to Coinbase Custody is Convex Finance (CVX), a yield optimization decentralized finance (DeFi) protocol built on top of Curve Finance (CRV).

Project Galaxy (GAL) enables people to collect digital credentials through online behavioral data. The Web3-focused project seeks to build “an open and collaborative credential data network… to build better products and more engaging communities.”

Another ERC-20 token joining Coinbase Custody is Lumerin (LMR) which routes data for the Web3 internet with an aim of decentralizing blockchain mining hash power through an open marketplace and smart contracts.

Jupiter (JUP) is a Singapore-based project which offers a variety of products, including Gravity for DApp development, the Leda marketplace to mint and sell non-fungible tokens (NFTs), as well as the Jupiter wallet.

Decentralized oracle Nest Protocol (NEST) is focused on ensuring price accuracy for DeFi.

Umee (UMEE) is a DeFi platform that allows users to both borrow and lend.

XSGD is a stablecoin that aims to peg to the Singaporean dollar, which at present is equal to $0.72.

HOPR aims to resolve what it calls the Achilles’ heel of Web3 by obscuring metadata to preserve transport layer privacy.

Also joining the Coinbase Custody roster is Wrapped Ampleforth (WAMPL), the wrapped version of the Ampleforth (AMPL) DeFi token which seeks to achieve price-supply equilibrium.

Privacy and scalability ecosystem Oasis Network (ROSE) is a mid-cap Ethereum competitor that bills itself as the first blockchain network to support confidential smart contracts.

The last ERC-20 token to be added is Decentralized Social (DESO), a layer-1 blockchain project that aims to redefine the nature of social media applications by resolving scalability limitations as well as protecting users and content creators from centralized authorities.

The open-world metaverse game Highstreet (HIGH) offers virtual real estate and an online shop featuring authentic, limited edition products. Gameplay can be done via VR on standard computers as well as on smartphones.

MANTRA DAO (OM) is a decentralized autonomous organization DeFi protocol whose goal is “to leverage crowd wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0.”

The final altcoin added to Coinbase Custody is Alkemi Network DAO (ALK), which is working to bridge the gap between centralized finance with DeFi through its “institution-grade liquidity network.”

Check Price Action

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

 
Check Latest News Headlines


 
 
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.

Featured Image: Shutterstock/robert_s

Submit a Press Release

Industry Announcements

  • Gate.io Announces Second Audit After Being First Exchange To Provide Proof-of-Reserves
    July 6, 2022
  • VSR Supported by Lamborghini Squadra Corse Implement Corporate NFT Technology With Go2NFT
    July 6, 2022
  • Spritz Finance Launches Direct Wallet Pay, an Easy Way To Pay Real-World Bills With USDC From Any Crypto Wallet
    July 5, 2022
  • Metaverse Summit To Accelerate Open Metaverse and Web 3.0 With International Leaders
    July 5, 2022
  • Swappi (PPI) Announces First Exchange Listing on BitMart
    July 1, 2022
  • Yield App Joins Forces With Unstoppable Domains To Simplify Web 3.0 Journey
    July 1, 2022
  • ARK Has Introduced a New Blockchain Consensus Technology
    June 30, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$20,403.00
$20,403.00
1.57%
Ethereum
$1,170.33
$1,170.33
3.09%
Cardano
$0.465637
$0.465637
1.84%
XRP
$0.329789
$0.329789
1.92%
Dogecoin
$0.068453
$0.068453
1.46%

Spotlight

  • Analyst Who Accurately Predicted 2022 Bitcoin and Crypto Crash Tells Traders To ‘Get Ready,’ Predicts Huge Altcoin Haircut
    June 29, 2022
  • Richest Bitcoin Whale Splurges Over $102,000,000 on BTC in a Month in Massive Accumulation Spree
    July 2, 2022
  • Nexo Looking To Acquire Distressed Crypto Lending Platform Vauld: Report
    July 5, 2022
  • Big Cardano (ADA) Upgrade Set To Go Live, According to Developers – Here’s the Timeline
    June 30, 2022
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl