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Analysts Expect Coinbase Revenue to Drop 75% for Last Quarter
21.2.2023
Coinbase is expected to report a steep decline in its revenue for the last quarter of 2022 as transactions plummeted and crypto prices dropped to record low levels.
Coinbase is set to report results for the latest quarter of 2022 after the market close on Tuesday. Wall Street analysts expect the...
Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry
18.2.2023
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed...
Coinbase CEO Urges Congress to Pass Clear Crypto Legislation — Warns America Risks Losing Financial Hub Status
18.2.2023
Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s CEO on Cryptocurrency...
Coinbase CEO invites DC residents over for ice cream and crypto talk
13.2.2023
Brian Armstrong said he had about an hour at the Dirksen Senate Office in Washington, D.C. to “chat about crypto” and enjoy low sugar food at the building's snack bar
Coinbase CEO Brian Armstrong Ready to Defend Staking in Court if Necessary
13.2.2023
Coinbase CEO Brian Armstrong has said the exchange's crypto staking services are not securities, adding that he is willing to defend this in court.
“Coinbase's staking services are not securities. We will happily defend this in court if needed,” Armstrong said in a Twitter post on Sunday....
Coinbase will 'happily defend' staking in U.S. courts, says CEO
12.2.2023
Coinbase executives claim that staking is not a security under the US Securities Act or Howey test
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions
10.2.2023
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million for offering an “unregistered offering” related to its U.S. staking service....
Community urges Coinbase to relist XRP as CEO fights for staking
10.2.2023
The community is wondering whether delisting XRP in 2020 was due to Coinbase's willingness to protect customers from “government overreach.”
‘Agent of an anti-crypto agenda’ — Gensler slammed over Kraken crackdown
10.2.2023
SEC's recent charges against crypto exchange Kraken over its staking program have sent tremors through the crypto industry
Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC
9.2.2023
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for the unregistered offer of its staking services. The exchange will also pay $30 million...
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers
9.2.2023
Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users...
First Mover Americas: Coinbase CEO Brian Armstrong Suggests SEC Could Ban Staking
9.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 9 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan
8.2.2023
Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury Secretary Janet Yellen says “every responsible member of Congress must agree to raise...
US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase
3.2.2023
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit...
$2,000 Steam Game Starts With 8-Minute-Long Men’s Rights Rant
26.1.2023
Steam gets a bunch of new games all the time, but one has been making headlines this week for its absurdly exorbitant $2,000 price tag. That game, The Hidden and Unknown, isn’t exactly worth your time, though, especially considering that it has this extremely long opening text crawl all about men’s...
Crypto recruitment execs reveal the safest jobs amid layoff season
18.1.2023
The crypto industry has already seen more than 1,600 layoffs across the industry in the first two weeks of January
Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally
13.1.2023
The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still optimistic about our future and the future...
Coinbase Announces Third Round of Layoffs, Reduces Headcount by 950 Employees
10.1.2023
Major cryptocurrency exchange Coinbase has announced its third round of layoffs amid the ongoing bear market, reducing its headcount by a total of 950 employees, or 20% of its workforce. ...
Read More: Coinbase Announces Third Round of Layoffs, Reduces Headcount by 950 Employees
Some Overwatch 2 Players Can't Stand This 'Pay To Lose' Skin
9.1.2023
To ring in the new year, Overwatch 2 kicked off a limited-time event themed around Greek mythology. No, you won’t see Apollo or Kratos roaming Ilios, but if you shell out $20, you can transform the spidery sniper Widowmaker into the goddess of beauty and stone, Medusa, replete with a white tunic...
FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF ‘Expected to Enter a Plea’ in Fraud Case
28.12.2022
According to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to enter a plea in his fraud case in front of U.S. judge Lewis Kaplan in Manhattan, according to a report...