SEC could scrap crypto staking, Coinbase CEO reveals
Coinbase CEO Brian Armstrong tweeted saying The SEC could ban crypto staking Armstrong however said that crypto staking is an essential innovation in crypto. The revelation was met with criticism…
Coinbase pausing creator Drops on its NFT marketplace
The exchange however maintained that it is not planning to close its NFT marketplace. It wants to align the exchange’s resources in developing other features. Coinbase has been struggling with…
Coinbase fined for operating in the Netherlands: here’s why
Dutch Central Bank announces a $3.6 million fine on Coinbase. It says the crypto exchange has been in a regulatory violation. Shares of Coinbase Global Inc ended roughly flat on…
Coinbase fined €3.3M by the Dutch central bank
The Dutch central bank has fined the US-based crypto exchange on registration grounds. Coinbase has a significant number of customers in the Netherlands. Authorities claim the exchange was non-compliant between…
Coinbase halts operations in Japan, customers to withdraw assets
Coinbase has announced that it has stopped its operations in Japan. The exchange has cited “market conditions” for the move. Customers are advised to withdraw funds before the deadline After…
Coinbase lays off 950 employees, CEO says the exchange is well capitalized
The exchange wants to reduce operating costs by 25%. It is the second crypto exchange after Huobi to confirm layoffs in 2023. Coinbase CEO has however confirmed that the exchange…
Cowen downgrades Coinbase to market perform
Cowen cited the absence of clarity on a possible trading volume recovery after FTX collapsed Cowen also reduced its price target on the shares Coinbase has features that make it…
Coinbase launches USDC trading on Avalanche – AVAX is up by 8% today
Crypto exchange Coinbase now supports the native trading of USDC on Avalanche. AVAX is the best performer amongst the top 20 cryptocurrencies by market cap today. The broader market has…
Coinbase asks users to switch USDT for the ‘reputable’ USDC
Crypto exchange Coinbase wants its users to switch their USDT for USDC. The company calls USDC the trusted and reputable stablecoin. Coinbase is a co-founder of Circle, the company that…
Revising Ethereum Classic after Coinbase plans to end support for the cryptocurrency
Coinbase has earmarked Ethereum Classic as among the tokens to remove from its wallet ETC has been on a clear downtrend since August The cryptocurrency could proceed to $13 if…