Coinbase News

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...

Coinbase: Technical problem interrupted payments from US banks

Coinbase, the cryptocurrency exchange platform, has encountered a technical problem that prevented the company from processing transactions with US bank accounts, which it has...

Latest news

SpaceX secures $13B ARR deal, eyes $100B year-end target

A new Hosting deal will add approximately $13 billion in annual recurring revenue starting Dec. 1, boosting SpaceX's confidence...

Senate GOP Updated Clarity Act Targets Fake DeFi, Vote Set

Senate Republicans released an updated Clarity Act on Thursday targeting non-decentralized crypto trading protocols.The bill would require protocols controlled...

TSMC revenue hits record $16.3B, AI demand fuels 53% jump

TSMC reported a record August revenue of NT$514.8 billion ($16.3 billion), marking a 53.3% year-over-year increase and its fourth...