Sam McIngvale, head of product for Coinbase Custody, describes its new staking service. He explains how Coinbase Custody plans to allow its customers to participate in crypto networks while keeping those funds offline, what Coinbase had to build from an engineering and product perspective in order to keep funds secure and how insurance works for these assets. We also discuss its plans to enable its customers to participate in governance, whether or not Coinbase.com will move in the same direction, which other blockchains it may offer staking services for.
Thank you to our sponsor!
CipherTrace: http://ciphertrace.com/unconfirmed
Episode links:
Coinbase blog post about staking with Coinbase Custody: https://blog.coinbase.com/coinbase-custody-launches-staking-support-for-tezos-makerdao-governance-to-follow-68f7bc51bc53
Sam McIngvale: https://twitter.com/sammcingvale?lang=en
WSJ article: https://www.wsj.com/articles/coinbases-new-customer-incentive-interest-payments-with-a-crypto-twist-11553855400
Fortune article: http://fortune.com/2019/03/29/coinbase-crypto-dividend-staking/
CoinDesk article: https://www.coindesk.com/coinbase-leads-wall-street-to-brave-new-world-of-crypto-staking
Abuse and Ethical Lapses: What Happened When Justin Sun Acquired BitTorrent - Ep.146
Coinbase in Turmoil: Why Employees Walked Out - Ep.145
Why NFTs Are Attracting Everyday People to Crypto - Ep.144
The First Crypto Bank: What Kraken Financial Will Do and How - Ep.143
How SushiSwap Proved That Liquidity Is Not a Moat - Ep.142
SushiSwap Takes On Uniswap: Which Should Win and Why? - Ep.141
Joseph Lubin on How JPMorgan's Quorum Will Fit In at ConsenSys - Ep.140
AMA With Laura: The Greatest Innovation in the Industry Right Now - Ep.139
Andreas Antonopoulos on Why the ETH Supply Debate Is 'Silly' - Ep.138
$5 Billion in AUM: Why Growth at Grayscale Exploded in the Last Quarter - Ep.137
Dmitry Buterin, Vitalik's Father, on Ethereum at 5 Years Old - Ep.136
'Twitter Will Be Fun Today': The College-Age Kids Who Hacked Into Twitter - Ep.135
Why Stablecoin Growth Over 5 Years Doubled in 4 Months - Ep.134
Will Coinbase Do a Token Offering When It Goes Public? - Ep.133
How This New Supply Metric Makes Buy Signals Clearer - Ep.132
How You Can Double Your Money -- Or Lose Everything - Ep.131
Why COMP 5xed on Day 1 and What This Means for a DeFi Bull Market - Ep.130
Why 'Cryptocurrency Would Not Exist Without Black People' - Ep.129
'Look for Opportunities' to Increase Diversity in Crypto - Ep.128
What Patoshi Is and How It Affects Craig Wright - Ep.127
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Startitup podcasty
Sarah Westall - Business Game Changers
Børsen Morgenbriefing
Wall Street Breakfast