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In a blog post, Coinbase has announced the launch of a Visa debit card that allows users to spend cryptocurrency on everyday fiat transactions; the card connects to existing Coinbase wallets and makes instant conversions into fiat from Bitcoin, Ethereum, Litecoin, and other cryptos; the card is supported by an Android and iOS mobile app with intuitive consumer features - Link
Bithumb, one of the largest crypto exchanges in South Korea, has reportedly recorded a net loss of $175M in 2018; in 2017, Bithumb recorded a profit of over $350M as the volume of various crypto assets in the local cryptocurrency exchange market surged; the auditor of Bithumb confirmed the numbers and verified that all user holdings are securely held by the company - Link