Coinbase has been at the center of the speculative frenzy driving up the value of bitcoin — which topped $13,000 Wednesday — and similar currencies. While there are many bitcoin exchanges around the world, Coinbase has been the dominant place that ordinary Americans go to buy and sell virtual currency. No company had made it simpler to sign up, link a bank account or debit card, and begin buying bitcoin.
"Coinbase: The Heart of the Bitcoin Frenzy" is from the December 06, 2017 Business section of The New York Times. It was written by Nathaniel Popper and narrated by Keith Sellon-Wright.