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Category: Coinbase News

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5 FTX alternatives you can invest with amid the current
November 10, 2022 No Comments

5 FTX alternatives you can invest with amid the current FTX crisis

The once cryptocurrency exchange giant FTX is facing an uncertain future following the current liquidity crunch and financial instability. The situation escalated after Binance backed out of a nonbinding agreement to buy out FTX. According to sources familiar with the

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Coinbase Tether and Circle deny exposure to Alameda and FTX
November 9, 2022 No Comments

Coinbase, Tether, and Circle deny exposure to Alameda and FTX

Several crypto firms have come out to distance themselves with exposure to FTX crypto exchange and its sister firm Alameda amid the financial crisis facing the two firms. This comes after calls from the crypto community for transparency to let

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What is wrong with Coinbase CEO selling 2 of stake
October 17, 2022 No Comments

What is wrong with Coinbase? CEO selling 2% of stake

Put an arm around a Coinbase investor today. CEO and founder Brian Armstrong has announced he is selling 2% of his stake, in what amounts to another blow to the embattled cryptocurrency exchange. Coinbase going public was seminal moment for

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Coinbase gains regulatory approval to offer crypto services in Singapore
October 11, 2022 No Comments

Coinbase gains regulatory approval to offer crypto services in Singapore

Crypto exchange Coinbase has announced in a press release that it has received preliminary regulatory approval from Singapore’s monetary authority (MAS) to offer crypto services in Singapore. Following the in-principle approval, Coinbase can now offer “regulated digital payment token products

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August 25, 2022August 29, 2022 No Comments

Coinbase introduces its liquid staking token ahead of the Merge

Crypto exchange Coinbase has launched Ethereum liquid staking token ahead of Ethereum’s migration to a proof of stake protocol. Coinbase, one of the leading crypto exchanges in the world, announced via a tweet on Wednesday, August 24th, that it has

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1661325934960 f3a487cf 174b 4db5 8077 0e2bdc34e7ce
August 24, 2022August 29, 2022 No Comments

Coinbase plans to cut costs as crypto winter continues

Coinbase has been negatively affected by the ongoing bear market, and the exchange plans to cut costs. Coinbase’s CEO Brian Armstrong told CNBC’s Kate Rooney in an interview on Tuesday that the cryptocurrency exchange plans to cut costs. The company’s

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1661286863302 207ab0d1 03eb 4846 bb25 66eb608fc28f
August 23, 2022August 29, 2022 No Comments

Coinbase CEO expects a slow recovery from crypto winter

Crypto winter has seen crypto prices fall to new cycle lows Coinbase CEO Brian Armstrong says its difficult to predict markets, but foresees the crypto market recovery taking a year or more. Armstrong hints at Coinbase being prepared for the

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1660199544459 bd6b8952 ca03 4f22 95d8 9b51de8a9866
August 11, 2022August 12, 2022 No Comments

Coinbase’s Q2 earnings report is not surprising, says CoinFlip CEO

Cryptocurrency exchange Coinbase recorded huge losses in the last quarter as the bear market continues to affect businesses in the crypto space. Coinbase, one of the leading crypto exchanges in the world, reported its second-quarter earnings earlier this week. The

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1658849505281 e4884a3f 7348 4f65 9de3 ee023cff21f1
July 26, 2022July 27, 2022 No Comments

Bitcoin under pressure as SEC probes Coinbase

Bitcoin price fell below $21,000 on Tuesday as the market sentiment turned sour on reports the US Securities and Exchange Commission (SEC) was investigating US-based cryptocurrency exchange Coinbase. BTC has touched lows of $20,915 and with potential downside likely to

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1658505932862 c39ed85a 9ccd 4a1e a7af b68cd085403c
July 22, 2022July 26, 2022 No Comments

Robinhood & Coinbase among the biggest political lobbying spenders, before laying off 9%/18% of workforces

Key Takeaways Robinhood spent the most of any crypto company on lobbying expenditure in Q1 this year, donating $610,000 before laying off 9% of its full-time employees Coinbase donated 62% less in Q1 than the previous quarter, as SuperBowl ads

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1658435029830 eecf798e 3c2c 4bf3 ada9 7b53018a75e5
July 21, 2022July 26, 2022 No Comments

SEC names 9 security tokens in landmark insider trading case

Ishan and his brother are in custody, arrested on Thursday and are facing fraud and conspiracy to commit fraud charges, while Ramini is yet to be arrested. Broadly, the SEC says Ishan violated securities laws, with this the first insider

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July 20, 2022July 26, 2022 No Comments

Southeast Asian crypto exchange Zipmex halts withdrawals

Zipmex, a Thai-based crypto exchange, has halted withdrawals citing a combination of circumstances. The Southeast Asian exchange has halted withdrawals until further notice. A tweet by the exchange said: “Due to a combination of circumstances beyond our control including volatile

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1657834995487 3792fc30 3b3e 4a60 a081 f5bc95c374e7
July 14, 2022July 18, 2022 No Comments

Coinbase is still adjusting to ‘crazy’ employee growth: CEO

Coinbase added to its headcount by 200% year-over-year as crypto saw massive growth. The risks of that is what informed the decision to thin out the employee numbers in June. Now the focus on “driving efficiency” with scaling in mind

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1634727871844 207ff3cb ccca 49c6 9917 86fc3b567a58
June 18, 2022June 18, 2022 No Comments

US Senators slam Facebook’s new crypto wallet Novi

Facebook yesterday launched its new crypto wallet Novi, initially meant to hold Facebook’s own Diem stablecoin Social networking service company Facebook yesterday tagged Coinbase as its custody partner for Novi. The news was terrific for Coinbase, whose shares surged after

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