Centralized crypto exchanges (CEXs) have grown tremendously in popularity over the last few years as they have made it easier for users to invest in cryptocurrencies. CEXs have benefited significantly from institutional investments, with over $3 billion in inflows last year. Binance has reportedly raised over $3 billion across four funds, while Coinbase has raised […]
Coinbase (NASDAQ: COIN), a leading cryptocurrency exchange, saw its shares take a hit on Thursday following rumors that the SEC might ban crypto staking for U.S. retail investors. This announcement, made by CEO Brian Armstrong, has raised concerns about the future of crypto staking and its impact on the crypto industry, including Coinbase. Crypto staking […]
On Tuesday, Coinbase revealed it is laying off nearly a fifth of its workers to conserve funds amid the current bear market in cryptocurrencies. This is more bad news for the crypto industry, which was struggling to regain pace. Breaking: Coinbase announced another 950 layoffs today. In June 2022, Coinbase laid off 1,100 people, accounting […]
Those who are very good at investment timing know that this is one of the best times to buy cryptos with huge potential. The kind of opportunity we have now, also presented itself in the middle of the year 2020, in the world of crypto and in other traditional markets. Most popular tokens were extremely […]
The Chinese government has put in measures to track and arrest Bitcoin miners in data centres. The regulators have tried to curb this crypto mining with threats, measurements of energy utilization, and the establishment of hotlines. The will to curb crypto miners has prompted the flee of many data miners to countries like Iceland and […]
In another bout of regulatory scrutiny, the US Securities and Exchange Commission (SEC) has accused Coinbase of listing nine crypto asset securities. The regulatory watchdog also accused a former Coinbase employee of “violating the antifraud provisions of the securities laws” on insider trading. The Commission published its complaint on Thursday, where it listed nine crypto […]
Nasdaq-listed behemoth cryptocurrency exchange Coinbase has cleared the air on its financing links to some troubled crypto companies via a blog post on Wednesday. The post is by top Coinbase executives, including Brett Tejpaul, head of Coinbase Institutional, Matt Boyd, head of Prime Finance, and Caroline Tarnok, head of Credit and Market Risk. Coinbase Throws […]
Nasdaq-listed cryptocurrency exchange Coinbase announced yesterday that it had secured regulatory licensing to provide crypto services in Italy. Vice President of International and Business Development at Coinbase, Nana Murugesan, explained in a statement yesterday: “Today, we’re able to announce a key milestone … securing approval from Italian regulators to provide ongoing crypto services to its […]
As the crypto winter rages, Coinbase shares have plummeted significantly as most crypto company stocks shed value over the past few months. Coinbase shares were listed on Nasdaq via a direct listing in April 2021, with the ticker COIN. At the time, the crypto company stock was set at $250, with investors seeing this listing […]
