Crypto News in 60 Seconds
August 23, 2022
Launch of the ENS connection with Coinbase. Coinbase’s Ethereum Name Service (ENS) integration is enabled and converts wallet usernames to ENS subdomains of Coinbase IDs. Users can change their ENS names once a year and use them however they want, as long as they comply with Coinbase’s yet-to-be-announced subdomain rules. ENS or Ethereum Name Service […]
August 9, 2022
Coinbase reports $1.10B loss in Q2 as assets on exchange slump. Coinbase Global’s Q2 results show that the digital currency exchange posted a net loss of $1.10 billion for the period. That compares with a loss of $430 million in the first quarter and net income of $1.61 billion in the second quarter of 2021. […]
July 21, 2022
An ex-Coinbase manager was detained in an insider trading case for disclosing asset listing information Based on the ex-Coinbase employee’s information, the DOJ alleged that his brother and an associate earned around $1.5 million in profits. On July 21, the US Department of Justice arrested former Coinbase chief product officer Ishaan Wahi and his brother […]
July 1, 2022
Coinbase addresses allegations that it has sold customer “geo-tracking” data to the US government. Nasdaq-listed cryptocurrency exchange Coinbase has refused to sell “specific customer data” following reports that it provided “historical geo-tracking data” to US Immigration and Customs Enforcement (ICE). Cryptocurrency exchange Coinbase came under fire last week after reports accused Nasdaq of selling customer […]
June 29, 2022
Across light of the ongoing crypto downturn, Coinbase plans to expand in Europe. According to Bloomberg News, the cryptocurrency exchange Coinbase intends to grow its business in Europe and is now registering in several important European nations, including Italy, Spain, France, and the Netherlands. The company said on June 13 that it would lay off […]
June 16, 2022
The CEO of Kraken criticizes certain staff for being “poor fits” Jesse Powell, CEO of GRACKON, has won some employees on Twitter against some employees against the encrypted company -Culture, saying that about 20 out of 3,200 employees will not be applied to the organization. Paul found that the actions of these workers influenced the […]
June 4, 2022
Because of the market, Coinbase decides not to hire new employees. To better manage the bear market conditions and emerge stronger, Coinbase revealed that it has un-hired some of the new hires and has suspended additional employment offers. L.J. Brock, the chief people officer at Coinbase, sent an email to the newly hired employees informing them […]
May 29, 2022
Russia is considering enabling cryptocurrency to be used for foreign payments. Russia is considering embracing cryptocurrencies for international payments as a way to counteract the impact of Western sanctions. According to Ivan Chebeskov, the Head of the Financial Policy Department under the Ministry of Finance, the Russian government is actively researching the possibility of using […]
May 20, 2022
Coinbase Co-Founder Fred Ehrsam Buys the Dip and Buys $75 Million in Company Stock Almost a week ago, Fred Ehrsam bought over 1,000,000 Coinbase (COIN) stocks for around $75 million, leaping in after the crypto exchange’s inventory charge dropped following the company’s bad income report. According to a Form four submitted with the SEC, Ehrsam […]
May 10, 2022
Due to EU sanctions, Coinbase will terminate some Russian accounts. According to a May 5 file with the aid of using Russian information organization RBC, the main cryptocurrency alternate Coinbase plans to drop the debts of precise Russians with the intention to observe sanctions. The message notified recipients that Coinbase will be near debt after […]
May 4, 2022
Coinbase took out the 1st Bitcoin-supported loan from Goldman America’s biggest crypto exchange Coinbase has been disclosed as the mystery company that took out 1st BTC-backed loan from Goldman Sachs. Goldman Sachs has 2.5 trillion dollar assets under management as of 2021. Loan published by Goldman Sachs had been taken out by Coinbase as a […]
April 30, 2022
Coinbase CEO answers to insider trading statements with modifications for token listings Brain Armstrong said that there is always the chance that somebody from Coinbase could leak data to strangers employing illicit action. After some crypto detectives made allegations of insider trading by people potentially related to Coinbase, CEO Brian Armstrong said the crypto exchange […]
