Coinbase’s new “apolitical” culture has led to some employees taking severance packages, as the crypto community reacts with ambivalence.
Founded in 2012, Coinbase — named after the Bitcoin (BTC) coinbase transaction that rewards miners for validating blocks — is one of the oldest, largest cryptocurrency exchanges, having supported tens of millions of users since its launch.
Coinbase offers a range of services including custodial wallets with secure buying, selling and storage of cryptocurrencies; advanced trading and exchange services via Coinbase Pro; and USD Coin (USDC), a stablecoin backed by United States dollar reserves that is built on the Ethereum ERC-20 token standard, offering the advantages of cryptocurrencies without the price volatility.
Coinbase has been a popular choice for newcomers seeking to gain exposure to the burgeoning cryptocurrency space.
Leaked Coinbase audio sheds additional light on the company's apolitical sea change.7230
The New York Department of Financial Services found that crypto firms blocked the Twitter hackers’ crypto addresses within 40 minutes.12690
Coinbase CEO Brian Armstrong publishes further details about his company's changing landscape.20515
The government is great at setting up regulatory frameworks, not building products, says Currency Comptroller Brian Brooks7764
Uniswap processed $15.3 billion in monthly volume in September, outpacing Coinbase and signalling that DeFi is here to stay.20658
New update from Coinbase quickens the transmutation of crypto into fiat.10859
If the mission is to create economic freedom for Coinbase's CEO, he's taking all the right steps.6867
Twitter CEO Jack Dorsey has called out Coinbase for seeking to suppress political activism and suggesting employees who think differently should leave.14910
This alien doesn't care about taking over the Earth, but it may steal your Bitcoins and dollars.21813
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators.18838
And researchers suggest it's surprisingly easy to predict, if you know what to look for.8341
Brian Armstrong has taken Apple to task over its allegedly exclusionary policies towards crypto app developers.27661
The Office of the Comptroller’s move to license payments firms at the federal level is receiving push-back from state regulators.10476
Despite stablecoins posting triple-digit market cap growth this year, competition from projects backed by major financial and tech corporations is on the horizon.6645