Coinbase News

Coinbase drops Binance USD stablecoin, SEC crackdown to blame

Coinbase will put an end to trading in the Binance USD stablecoin, amid pressure from the US Securities and Exchange Commission (SEC) on the...

Coinbase Reports Smaller Q4 Losses and Revenues of $629 Million

Smaller-than-expected losses were reported for Q4 by cryptocurrency trading platform Coinbase on Tuesday, with revenues of $629 million.Analysts' expectations were for a loss of...

SEC’s Attack on Kraken’s Staking Service Sends Shockwaves Through Cryptocurrency Market: How Coinbase and LIDO Are Responding

It's been about ten days since the SEC essentially forced Kraken to end the staking service it was offering and the cryptocurrency market seems...

Dutch Central Bank Fines Coinbase €3.3 Million for Regulatory Violations

The Dutch central bank (DNB) has fined cryptocurrency exchange Coinbase €3.3 million for failing to obtain a competent license before it started operating in...

Coinbase Fires 18% of its workforce (950 jobs)

Cryptocurrency exchange Coinbase Global has announced that it will reduce its workforce by around 950 employees as part of a restructuring plan.As Reuters reports,...

Coinbase sides with Circle’s stablecoin in its competition against Tether

U.S. cryptocurrency exchange Coinbase encouraged its users to switch "to the trusted and reputable digital dollar, USDC," referring to USD Coin (USDC), the stablecoin...

Coinbase, Kraken and BitPanda CEOs speak out on FTX crisis

Several bitcoin (BTC) and cryptocurrency industry referents expressed their opinions on the critical situation that the FTX exchange is going through. The CEOs of...

The head of Coinbase sells 2% of shares to fund scientific research

Coinbase CEO Brian Armstrong has announced that he will sell 2% of his shares in the cryptocurrency company to fund scientific research in 2023.In...

Latest news

North Korea arrests crypto laundering bank hackers

North Korean authorities arrested a group of former state cyber operators and IT specialists for allegedly Hacking the country's...

Morgan Stanley hikes Apple stock target to $364, sees 13% ROI

Apple stock opened Friday at $321 after a 1.30% decline, as tech stocks face pressure over rising AI capital...

Peter Schiff warns Bitcoin break below $50,000 could trigger crash to $20,000

Peter Schiff warned that Strategy's Bitcoin-driven capital structure promotes “excessive speculation” and could leave common shareholders with nothing.Schiff reiterated...