Coinbase lost over $1 billion in the second quarter while warning investors that the digital currency exchange expects this current ‘crypto winter’ to be a multi-year affair.
Ishan Wahi, his brother Nikhil and friend Sameer Ramani are accused of violating securities laws’ antifraud provisions to earn over $1.1 million in illegal profits between June 2021 and April 2022.
Coinbase has tossed nearly one-fifth of its workforce overboard as the struggling digital currency exchange struggles to stay afloat following inept leadership decisions.
The CEOs of cryptocurrency exchanges Coinbase and Kraken may find out the hard way that there’s a price to be paid for talking tough on Twitter.
MouseBelt alleges Brian Armstrong went behind its back in contacting Knowledgr founder Patrick Joyce privately, indicating a US$740,000 to $1.5 million investment from Coinbase Ventures.
In a blog post, Dr. Craig Wright explores how companies like Coinbase and Square attempt to hijack Bitcoin and create a new banking system for personal profit.
Digital currency markets crashed again last October 27, sending some coins down by double digits percentage-wise, and as usual, Coinbase was down for many users.
After clashing with the U.S. securities regulator on its proposed Lend feature, Coinbase is now working on regulatory proposals for the digital currency industry.
Coinbase has been served with a Wells notice, a formal letter sent by the SEC to notify people or firms that it has concluded they are in violation of securities laws and is intending to bring an enforcement action against them.
Coinbase has announced that its ticker symbol will be $COIN. Shares of $COIN are currently trading at $375 in the private market.
Could new regulations require Bitcoin and other digital asset transactions to be sent only to ID-verified wallets? That's what Coinbase CEO Brian Armstrong appeared to suggest.