April 21st, 2025
Coinbase News - Page 42
Coinbase Waives Fee for Conversion from USDT to USDC
By Sanaa Sharma
December 9th, 2022
Tether CTO Paolo Ardoino denounced the decision, along with several Twitter users who have questioned the motive.
Crypto & Stock Prices Jump Following Last Few Days of Weak Market
By Tolu Ajiboye
December 9th, 2022
Stock and crypto prices increased on Thursday as the US Dollar Index weakened. Some of the market’s largest assets all rose.
Coinbase CEO Brian Armstrong Confirms Almost 60% Drop in Revenue in 2022
By Mayowa Adebajo
December 8th, 2022
Coinbase’s annual revenue is currently down by almost 60% from last year’s and is estimated to be around $3.2 billion.
Blockstream Recorded About 70% Valuation Cut Following New Fundraise
By Godfrey Benjamin
December 7th, 2022
Adam Back did not comment on the exact size of the offering and who the top backers are this time. However, he made it clear that the funds will be used to expand the company’s mining capabilities.
Crypto Stocks Plummet but Cast Not Bearish Turn on Digital Assets
By Godfrey Benjamin
December 7th, 2022
The digital currency ecosystem has recorded so many mishaps this year that it is now practically impossible for investors not to maintain a skeptical view of stocks across the board.
Crypto Prices Rise as Traditional Markets and Tech Stocks Decline
By Tolu Ajiboye
December 6th, 2022
Block, MicroStrategy, and Coinbase experienced drawdowns alongside traditional markets even as crypto prices experienced a rise on Monday.
Coinbase CEO Says FTX Clearly Stole User Funds, Rejects Claims of Accounting Error
By Bhushan Akolkar
December 5th, 2022
Coinbase chief slammed crypto exchange FTX over their excuses for an accounting error. Brian Armstrong said that FTX clearly stole customers’ money by moving funds to Alameda Research.
Bybit Downsizes Again as Crypto Bear Market Deepens
By Babafemi Adebajo
December 5th, 2022
Bybit isn’t the only firm reducing its staff strength to cope with the current bearish market conditions.
Coinbase Wallet Call Out Apple Over Disablement of Latest App Version
By Ibukun Ogundare
December 2nd, 2022
Coinbase Wallet noted the impact of Apple disabling the new version means on iPhone users.
Italy to Levy 26% Tax on Crypto Gains from 2023
By Babafemi Adebajo
December 2nd, 2022
Italy’s crypto gains taxation update comes barely weeks after Portugal unveiled its tax plans for digital assets.
Nexo Secures Italian Operating License
By Babafemi Adebajo
December 1st, 2022
Nexo’s drive for compliance means the company has over 50 licenses.
Employee Layoffs: Kraken Cuts Workforce by 30%
By Babafemi Adebajo
December 1st, 2022
Kraken isn’t alone in its decision to cut back on staff numbers. Throughout 2022, various blockchain and crypto companies have adjusted their staff numbers to stay afloat.
Coinbase Wallet Ends Support for Bitcoin Cash, XRP, Ethereum Classic, Stellar
By Bhushan Akolkar
November 30th, 2022
Coinbase wallet decided to end support for these four altcoins owing to low usage.
ECB’s President Christine Lagarde Calls for Further Crypto Regulations Following FTX Collapse
By Steve Muchoki
November 29th, 2022
The FTX bankruptcy has surprised many investors with fears of possible unexpected centralized crypto exchange collapse.
Black Swan Author Gives Gloomy Prognosis for Coinbase Stock: COIN Is ‘Worthless’
By Tolu Ajiboye
November 28th, 2022
The Black Swan writer recently described Coinbase as “cash-flow negative,” suggesting little faith in the exchange.