Tag: Coinbase

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Coinbase launches new crypto think tank to help shape policies

Coinbase’s new “crypto native think tank” features an advisory board of finance and law academics from top United States universities and will publish original research to shape policies around crypto. Cryptocurrency exchange Coinbase has created a “crypto native think tank” in an attempt to help shape the global conversation around policies for digital assets. The…
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Coinbase Bets On ‘Enterprise-Grade’ Liquid Staking Business

  Major US-based crypto exchange Coinbase is backing the development of the “first-ever” enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi). According to an announcement from Coinbase on Tuesday, the new liquid staking protocol is being developed by Alluvial, a development firm made up of people with experience…
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Robinhood Launching New Non-Custodial Web3 Crypto Wallet

Trading platform Robinhood is launching a non-custodial, web3 cryptocurrency wallet. “Customers will be able to hold the keys for their own crypto,” the company said. Robinhood Building Non-Custodial, Web3 Wallet Popular trading platform Robinhood announced Tuesday that it is “building a brand new non-custodial, web3 wallet that will allow customers to have total control of…
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Coinbase Slows Down Hiring Plans Amid Market Downturn, Lower Financial Results

  The ongoing downturn in the crypto markets is triggering changes to the hiring plans by some of the major industry players, with crypto exchange Coinbase announcing it will slow down its expansion plans with regard to creating new jobs this year. The latest development follows the release of disappointing financial results for the first…
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Coinbase Plays Web3 Card, BitMEX Launches Spot Trading in Race for New Customers and Revenues

  Major crypto exchanges Coinbase and BitMEX are deploying new features to lure more customers, benefiting from users’ rising interest in direct and mobile Web3 access, and spot markets, among others. As planned, the major crypto derivatives platform, BitMEX, is introducing a new spot exchange that allows traders to buy, sell and trade cryptoassets with…
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Coinbase Sued Over Collapsed Stablecoin, but It’s Not UST (Yet)

  At a time when the third-largest stablecoin, terraUSD (UST) collapsed, a group of Coinbase’s clients are suing the crypto exchange over its alleged role in the promotion and trading of GYEN, another stablecoin the plaintiffs claim brought them millions of dollars in losses…. Read More: Coinbase Sued Over Collapsed Stablecoin, but It’s Not UST…
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Coinbase junk bonds tank amid market rout and creditors’ fears

“Nothing about Coinbase changed this week, we are the same company we were yesterday, or a year ago. If anything, we are in an even stronger position given our balance sheet,” assured Coinbase CEO Brian Armstrong. The price of Coinbase’s junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could…
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Crypto-associated stocks hammered as COIN and HOOD drop to record lows

The stock price of listed BTC mining companies and other businesses with exposure to cryptocurrency are dropping to yearly lows as the crypto market continues to sell-off. Bad news continues to dominate crypto media headlines and May 12’s juiciest tidbit was the unexpected collapse of the Terra ecosystem. In addition to the weakness seen in…
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Two Clues for When Bitcoin Downturn Might End

  As the crypto market crash continued on Thursday, analysts told Cryptonews.com that traders should keep a close eye on the bitcoin (BTC) price on Coinbase, as well as tether’s (USDT) progress towards getting back to its dollar peg, for clues about when the worst selling pressure might end. “If [USDT] restores its peg that…
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Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI

The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India Coinbase Global provided an update on its Indian operation during the company’s earnings…
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