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Article by Steven Stradbrooke

Coinbase loses $1.1 billion, stock compensation gravy train rides on
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10 August, 2022

Coinbase loses $1.1 billion, stock compensation gravy train rides on

Coinbase lost over $1 billion in the second quarter while warning investors that the digital currency exchange expects this current...
Coinbase faces (another) class action, investors brace for Q2 carnage
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9 August, 2022

Coinbase faces (another) class action, investors brace for Q2 carnage

Coinbase has been hit with a class action lawsuit that accuses the struggling digital currency exchange of misleading customers on...
India freezes assets of Binance’s Indian exchange WazirX
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8 August, 2022

India freezes assets of Binance’s Indian exchange WazirX

Binance’s Indian offshoot WazirX has had its assets frozen by the country’s economic criminal investigation unit in yet another reputational...
MicroStrategy posts $1 billion loss in Q2 on bad BTC bet
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3 August, 2022

MicroStrategy posts $1 billion loss in Q2 on bad BTC bet

MicroStrategy also announced that Michael Saylor is giving up his CEO position to take up a new role as Executive...
SEC calls Forsage a ‘fraudulent crypto pyramid and Ponzi scheme’
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2 August, 2022

SEC calls Forsage a ‘fraudulent crypto pyramid and Ponzi scheme’

U.S. securities regulators have charged 11 individuals for creating and promoting the “fraudulent crypto pyramid and Ponzi scheme” that is...
Meta’s profit slides due to big bet on proprietary metaverse
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29 July, 2022

Meta’s profit slides due to big bet on proprietary metaverse

Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...

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