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News Summary: Liquid Suspends Withdrawals, Coinbase Submits Amicus Brief to Support Ripple, Ark Invest Buys 315,259 Shares of GBTC
15.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: Liquid Suspends Withdrawals, Coinbase Submits Amicus Brief to Support Ripple, Ark Invest Buys 315,259 Shares...
FTX collapse could see crypto sector layoffs accelerate
15.11.2022
While the full impact of FTX’s collapse is still unfolding, some have already warned of an increase in layoffs to come “in the months to follow.”
Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges
14.11.2022
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency...
Goldman Cuts Coinbase Price Target to $41, Says Exchange is Fairly Insulated From FTX Collapse
14.11.2022
Goldman maintained a sell rating on COIN, revising its 12-month price forecast to $41 from $49
Payments company Curve bids for BlockFi's 87,000 credit card customers
14.11.2022
A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi's credit card program's customers since Nov. 12
For Coinbase, FTX’s Bankruptcy Has Its Pluses and Minuses
12.11.2022
FTX’s collapse may turn off some investors from putting money into crypto altogether, but it could be an opportunity for Coinbase to pick up market share
US-Listed Crypto Trading Platforms Coinbase, Bakkt Gain After FTX Bankruptcy Filing
11.11.2022
Investors appear to be favoring more regulated and transparent platforms
Cathie Wood's ARK adds $12.1M in Coinbase shares amid turbulent markets
11.11.2022
Ark Investments topped up its Coinbase stock shortly after FTX's liquidity issues were revealed, which came after Coinbase stated that it had “minimal exposure” to the troubled trading platform
Coinbase Sheds Roughly 60 Jobs as Cost-Cutting Continues Amid Bear Market
10.11.2022
Coinbase called the latest reductions “isolated and targeted.”
Cathie Woods’ ARK Buys 238K More Shares in Coinbase Exchange Amid Crypto Rout
10.11.2022
ARK’s ETFs purchased over 400,000 shares in Coinbase prior to Wednesday’s update
Cathie Wood’s Ark Invest Buys $21 Million Worth of Coinbase Shares – What Do They Know?
10.11.2022
Ark Investment Management, the fund led by the well-known technology investor Cathie Wood, has bought a dip.
According to Barron’s, Ark’s exchange-traded funds (ETFs) bought nearly 421,000 – or 420,949, to be precise – of major crypto exchange Coinbase’s shares, to expand its position in...
Unclear regulations drove 95% of trading activity offshore: Coinbase CEO
10.11.2022
The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
9.11.2022
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]
Coinbase Experiences 'Network Connection Issues' Amid Market Turbulence, Kraken Sees 'Connectivity Issues'
9.11.2022
Major exchange Coinbase experienced network connection issues Tuesday night (UTC) time, which it says were caused by a higher level of sign-ups and transfers. Kraken, meanwhile, said it saw brief and intermittent connectivity issues....
Read More: Coinbase Experiences 'Network Connection Issues'...
Tether, Circle and Coinbase deny having exposure to FTX and Alameda
9.11.2022
Coinbase CEO Brian Armstrong said that the recent FTX and Alameda debacle was a result of risky practices such as the misuse of user funds
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
9.11.2022
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges...
Coinbase and Kraken experience limited services amid markets turbulence
8.11.2022
They are reportedly facing latency issues due to the high level of new user sign-ups and transfers to the platform
Coinbase Says No Exposure to FTT Token and Alameda, Minor Deposits at FTX
8.11.2022
The publicly traded crypto exchange sought to reassure customers and investors during panicky conditions on Tuesday
Germany’s financial regulator orders Coinbase to address ‘business organization’ practices
8.11.2022
In effect since Oct. 27, BaFin’s order referred to Coinbase’s Germany arm outsourcing some operations “essential for conducting banking business or providing financial services.”
Crypto News Summary: BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto Policy Council with US Politicians
8.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto...