April 21st, 2025
Coinbase News - Page 40
Luno Announces Employees Layoff amid Market Tumult
By Ibukun Ogundare
January 26th, 2023
Luno will be discarding 330 people out of about 960 employees.
JPMorgan Report: Coinbase Is Only CEX to Record Positive Trading Volume YTD
By Steve Muchoki
January 25th, 2023
With over $159 billion quarterly crypto traded volume from more than 108 million verified users, Coinbase has attracted more institutional investors during the 2022 bear market.
Crypto Exchange Gemini to Lay Off 10% of Its Staff
By Darya Rudz
January 24th, 2023
Gemini conducted the first round of layoffs back in June 2022. At that time, the exchange cut 10% of its workforce from around 1,100 employees. A few weeks later, Gemini reduced its staff by another 7%, citing “turbulent market conditions.”
Silvergate Rises and Coinbase Drops as Crypto Stocks React to Bitcoin on the Mend
By Tolu Ajiboye
January 24th, 2023
Several crypto stocks saw considerable increases in value while others dropped, as the 2023 Bitcoin price rally continued.
FSA to Create New Stablecoin Regulation as Japan Moves to Soften Its Previous Stance
By Mayowa Adebajo
January 24th, 2023
Expectations are that the new rule must have been completed by midyear and adopted by that same time.
JPMorgan Sees Coinbase Benefitting from Upcoming Ethereum Shanghai Update
By Godfrey Benjamin
January 23rd, 2023
JPMorgan believes as many as 95% of Coinbase Global’s retail customers will opt in for the staking service after the Shanghai update.
Alphabet Reportedly Set to Layoff 12,000 Employees
By Godfrey Benjamin
January 20th, 2023
The layoff will affect every aspect of its business operation and teams from corporate services, recruitment, and engineering are affected.
Coinbase to Halt Operations in Japan Following Crypto Underperformance
By Tolu Ajiboye
January 18th, 2023
Coinbase says that its customers in Japan have a 1-month deadline to withdraw all holdings, as operations would cease after that.
Crypto Stocks Pare Off Losses in Wake of Broader Industry Revival
By Godfrey Benjamin
January 18th, 2023
The digital currency ecosystem is a very volatile one, and what seems to constitute the basis for the current growth trend today may not necessarily be fueling the market momentum tomorrow.
Microsoft to Lay Off Thousands of Employees across Various Divisions
By Darya Rudz
January 18th, 2023
The technology sector in general is struggling now, and Microsoft has been waiting for quite a long before cutting its workforce. Other companies started to lay off their staff much earlier.
Bitcoin Price Surges Above $21 as Total Crypto Market Touches $1Ton Weekend
By Steve Muchoki
January 16th, 2023
The Bitcoin market is heavily bolstered by global adoption including several institutional ETFs and the fact that it is used as legal tender in El Salvador and the Central African Republic.
Coinbase Embarks on Layoff Again to Preserve Cash amid Crypto Meltdown
By Tolu Ajiboye
January 11th, 2023
Popular exchange Coinbase recently announced an 18% staff layoff to strengthen its financial position in the face of a crypto crunch.
Ondo Finance Unveils Tokenized US Treasuries and Bonds for Global Customers with Over $100B
By Steve Muchoki
January 11th, 2023
Ondo Finance will help customers invest in deep liquidity low-risk traditional assets through blockchain technology.
Bitcoin Inches Upwards, Pulls Crypto Stocks Higher
By Tolu Ajiboye
January 10th, 2023
The price of Bitcoin climbed higher on Monday raising hopes for a rally in 2023, and taking several crypto stocks along with it.
Jefferies Analyst Believes Coinbase to Benefit from FTX Fallout, COIN Stock Up 15%
By Ibukun Ogundare
January 10th, 2023
Jefferies wrote that Coinbase would be “acutely pressured in the near term” as retail customers withdraw from crypto after the FTX crumble.