Tag: Coinbase

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Coinbase Crypto Exchange Announces Partnership with Germany’s Borussia Dortmund Soccer Team – Here’s What You Need to Know

Major US-based cryptocurrency exchange Coinbase has expanded its partnership with German soccer team Borussia Dortmund (BVB) to include advertising in the stadium and promotions on all BVB marketing channels…. Read More: Coinbase Crypto Exchange Announces Partnership with Germany’s Borussia Dortmund Soccer Team – Here’s What You Need to Know  Read more »Sign up for e-EUR…
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Coinbase Exec Accuses Binance Of Crypto Price Manipulation

The world’s largest cryptocurrency exchange Binance was in the crossfire of critics for a long time after the FTX collapse. In particular, there was harsh criticism because of an opaque proof of reserves issued by the auditing firm Mazars, which paused the cooperation with the exchange shortly thereafter. Over the turn of the year, however,…
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Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts

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. Cryptocurrency exchange Coinbase won’t escape from the profitability challenges it will face from the crypto market downturn, despite having a strong brand and credibility in the crypto market, according to investment analysts.…
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Coinbase Exits Japan Citing “Market Conditions”

Cryptocurrency exchange Coinbase is exiting Japan due to market conditions. The move comes days after the company announced its third round of layoffs in less than a year amid the ongoing bear market.  In a Wednesday blog post, the exchange said it has made the “difficult decision” to halt operations in Japan and conduct a complete review…
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Today in Crypto: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group is Slashing Costs and Jobs

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group is Slashing Costs and Jobs  Read more »Sign up for e-EUR – the progressive stablecoin

Coinbase stops Japan operations amid trading slump

Coinbase crypto exchange originally started planning its Japanese expansion during the bear market in 2018. Despite Bitcoin (BTC) returning to pre-FTX collapse price levels, the contagion still affects the industry, forcing Coinbase cryptocurrency exchange to close operations in Japan. Coinbase officially announced on Jan. 18 that the firm will be terminating operations in Japan and…
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Crypto Biz: DCG’s ‘carefully crafted campaign of lies’?

The public battle between Cameron Winklevoss and Digital Currency Group CEO Barry Silbert continues to rage. The monumental collapse of FTX didn’t just destroy a crypto exchange and wipe out billions in customer deposits — it also exposed accounting irregularities at Barry Silbert’s empire, the Digital Currency Group, or DCG. That’s according to Bitcoin (BTC)…
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Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally

The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still optimistic about our future and the future of crypto,” Coinbase CEO Brian Armstrong insisted. Coinbase Winding Down Majority of Japanese…
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Ex-Coinbase Manager’s Brother Sentenced to Prison in Crypto Insider Trading Case

A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.S. Department of Justice (DOJ) called a “groundbreaking cryptocurrency insider trading case.” ‘Groundbreaking’ Crypto Insider Trading Case The U.S. Department of Justice (DOJ) announced Tuesday that Nikhil Wahi “was sentenced to 10 months in prison” in a “groundbreaking cryptocurrency…
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Coinbase Announces Third Round of Layoffs, Reduces Headcount by 950 Employees

Major cryptocurrency exchange Coinbase has announced its third round of layoffs amid the ongoing bear market, reducing its headcount by a total of 950 employees, or 20% of its workforce. … Read More: Coinbase Announces Third Round of Layoffs, Reduces Headcount by 950 Employees  Read more »Sign up for e-EUR – the progressive stablecoin