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Coinbase Reaches No.1 On US Apple Store

Coinbase has been making a lot of headlines this year, and the crypto exchange enters the spotlight again. Check out the latest achievement that they marked.

The Block Crypto notes that on May 10, the Coinbase app managed to top the US Apple App Store, a position that the crypto exchange had not been in since late 2017.

The online publication mentioned above notes that “According to data compiled by The Block Research, Coinbase broke top 10 charts in mid-April before reaching the #2 slot on April 14. This was the same day the crypto exchange became a publicly-traded company on NASDAQ.”

The notes also say that “The app dipped below the top 10 apps for a short period before climbing up on May 4, the same time the art auction house Sotheby’s partnered with Coinbase to accept bitcoin and ether for physical art payments.”

Check out the complete article that The Block Crypto posted.

Coinbase in the news

It’s been just revealed back in 2020, almost all the Coinbase customer info requests came from criminal authorities. Check out the notes below.

The Block Crypto just noted that Coinbase released the second transparency report which shows that the overwhelming bulk of government interest in customer info came from authorities that are focused on criminal investigations back in 2020.

Here’s how the platform’s official notes begin:

“Coinbase is proud to publish our second Transparency Report, covering the period from July 1, 2020 through December 31, 2020.”

The same notes continued and said: “The goal of this report is to keep our customers informed about requests for customer information we receive from government agencies and law enforcement, along with where they come from, and how we respond to them. “

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