Coinbase is big and getting bigger all the time. So it should be no surprise when its CEO says the cryptocurrency exchange gained 50,000 users a day in 2017.

Brian Armstrong, the company’s chief executive officer, said at the Bloomberg Players Technology Summit in San Francisco that Coinbase helped customers trade $150 billion worth of cryptocurrency over the past year.

He didn’t say what the current rate of new customers is compared with a year ago, but he estimated about 10 percent of digital coins are used in real life, in games and other purchases online. Read more here.

ThirtyK Staff
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