TL;DR Breakdown • The Coinbase platform creates a KYC system that guarantees traceable transactions.• The crypto exchange has increased its share value by over 1,000 percent since June. Coinbase has seen progress in its operations after several reconciliations and open offers. The platform for cryptocurrency trading has increased its shares to 20 percent since June, when they fell due to the departure of customers caused by mistrust and interface errors. The Coinbase company has been dealing with crypto investment management for some time. This platform is used mostly by independent companies and traders who have cryptos as their source of income. Although the crypto company is expanding in operations, its profits so far this year have been low. Coinbase regains ground in the cryptocurrency market Long before cryptocurrencies were born and brought a renewed financial market, problems with ransomware were present. On average, it is estimated there are over 3,000 internet robberies every day within North America. Cyber-criminals have been updated ways to steal money from companies or people, and now, they target cryptocurrencies. This occurs because cryptos are decentralized currencies that cannot be traced. However, Coinbase has created an analysis system based on the Blockchain network to locate these internet pirates. The search server will have the objective of linking the criminals’ wallets with their KYC system. In...
