Business
Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work
Cryptocurrency exchange Coinbase said it’s slashing roughly 14% of its workforce or about 700 workers, partly because artificial…
Tag
Coinbase
Business
Coinbase posts surprise loss on crypto trading slowdown
Its transaction revenue fell to US$982.7 million in Q4, from US$1.56 billion a year earlier BASE posted a surprise quarterly loss on…
Business
Coinbase announces entry into prediction markets, stocks
COINBASE Global has announced its entry into prediction markets and equities trading. The biggest crypto exchange in the US said on…
Business
Crypto exchange Coinbase beats analysts’ estimates as trading volumes surge
Cryptocurrency exchanges often benefit from volatility in the sector as they earn more through transactions with investors seeking to…
Business
Citigroup to tie up with Coinbase to boost digital payments for institutional clients
Citigroup and cryptocurrency exchange Coinbase plan to collaborate on digital asset payment solutions for the US bank’s institutional…
Business
Coinbase, Fortnite among services hit by global outage of Amazon’s cloud unit
AMAZON’S cloud services unit AWS was hit by an outage on Monday (Oct 20), causing connectivity issues for many companies around the world…
Business
Coinbase backs India’s CoinDCX at US$2.45 billion valuation
Global crypto playersare attempting to expand in India despite a punitive tax regime that has curtailed trading volumes Coinbase Global…
Business
PNC taps Coinbase to create crypto trading offering for bank customers
The banking industry has fiercely resisted accusations that it denies services based on ideological reasons Bank is working with…
Unsorted
Coinbase launches stablecoin payments service for e-commerce
Coinbase Global is launching a platform designed to make stablecoins a go-to payment method for online transactions, a potentially big…
Business
After rocky week, Coinbase becomes first crypto exchange to join the S&P 500
Coinbase on Monday became the first cryptocurrency exchange to join the Standard & Poor’s 500 index, marking a pivotal moment for the…
Unsorted
US securities regulator to drop lawsuit against Coinbase, exchange says
COINBASE said on Friday (Feb 21) the US securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a…
Business
Coinbase urges US regulators to clear path for banks to offer crypto services
The administration is expected to reshape US policy on digital currency, but US bankers have so far remained cautious on cryptocurrencies…
Business
Coinbase eyes more acquisitions as it expands payments business
COINBASE Global is ramping up its efforts in the digital-payments space, with ambitions to make additional acquisitions and generate more…
Business
Coinbase pledges further US$25 million of political funding for crypto
Coinbase Global committed another US$25 million of funding to Fairshake, a political action committee for the digital-asset industry that…
Business
Visa, Coinbase offer real-time crypto purchases via debit cards
VISA customers with eligible debit cards will be able to deposit funds into their Coinbase Global accounts – sometimes instantly – via a…
Business
Coinbase to delist some stablecoins in Europe ahead of new regulations
COINBASE will delist certain stablecoins in the European Economic Area by year’s end, the cryptocurrency exchange said on Friday (Oct 4),…