News
It was a tough month for crypto employees, with at least 14 firms announcing staff reductions, including Coinbase, Gemini, Digital Currency Group, ConsenSys and Blockchain.com.
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Coinbase News
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.
- News
New features aimed at protecting users come amid recent crypto thefts and phishing attacks targeted at well-known crypto executives and influencers.
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United States-based crypto exchange Coinbase is fined 3.3 million euros ($3.6 million) by the Dutch central bank for the lack of registration.
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The chief product officer will receive a healthy severance package as he departs from his role at the exchange.
6052 - Market Analysis
Ark's GBTC weight in the portfolio actually increased despite the fund selling 500,000 shares in the past month.
8518 - News
Coinbase director Conor Grogan speculated it could be either a rogue employee or a trader who might have access to the losing API.
14751 - News
Analysts from Moody’s and JPMorgan hailed the exchange for its strong reputation but said it wouldn’t be enough to solve its profitability woes.
6608 - News
Coinbase crypto exchange originally started planning its Japanese expansion during the bear market in 2018.
5850 - News
Crypto-related stocks, ETFs and tokens have all surged in price so far in 2023 despite experts expecting the Federal Reserve to continue hiking interest rates.
8883 - News
The crypto industry has already seen more than 1,600 layoffs across the industry in the first two weeks of January.
9115 - Newsletter
The public battle between Cameron Winklevoss and Digital Currency Group CEO Barry Silbert continues to rage.
6542 - News
Vice President of International and Business Development, Nana Murugesan, said that the firm decided to “wind down” the majority of its operations in Japan.
3549 - Breaking news
Crypto exchange Coinbase announced a further restructuring plan that involves reducing its workforce by 950 employees to cut operational costs amid the bear market.
5285 - Newsletter
The entrepreneur faces eight criminal counts, which could result in 115 years in prison should he be convicted.
12762 - Analysis
Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently initiated a fresh round of firings.
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