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Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News
8.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News
Coinbase balance drops by 30K BTC as Bitcoin price nurses 6% losses
7.6.2022
Whales and institutions alike are on the radar after the latest data from exchange order books
Binance.US Launches Crypto Staking Assault on Rivals Coinbase and Gemini
7.6.2022
CEO Brian Shroder also said he would happily hire any of Coinbase’s disappointed applicants or those recently laid off by Gemini
Investors View Polkadot as an Alternative Layer 1, Coinbase Says
7.6.2022
The market cap of Polkadot’s DOT token relative to ether has been falling since November, according to the report
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down
5.6.2022
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...
Coinbase's Abrupt Hiring Reversal Blindsided Would-be Employees
4.6.2022
Coinbase announced it would rescind offers, surprising recruits who told CoinDesk they believed their new roles would be safe
New Crypto Lawsuits, Pan-Asian Crypto Regulations, Hiring Pause + More News
3.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: New Crypto Lawsuits, Pan-Asian Crypto Regulations, Hiring Pause + More News
Coinbase Announces Cost-Cutting Measures as Crypto Firms Face Bear Market
2.6.2022
Coinbase announced the move on its blog following an announcement of layoffs at fellow exchange Gemini earlier today
Coinbase Doesn’t Offer Liability Protection, but That’s No Reason to Panic
2.6.2022
Coinbase’s announcement last month is a sign of regulatory progress to come, according to one institutional investor
Major crypto firms reportedly cut up to 10% of staff amid bear market
2.6.2022
Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018
Coinbase chief legal officer responds to SEC disclosure FUD
2.6.2022
Paul Grewal, the chief legal officer of Coinbase, highlighted that the funds of customers are protected legally and physically
Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don't pay the bills’
1.6.2022
Kraken’s Jesse Powell came under fire for listing the second-generation LUNA; separately, he railed against TradeFi’s crypto exchange claims
Wealthy Coinbase clients are still 'hodling' Bitcoin since December 2020, data suggests
31.5.2022
Institutions that reportedly purchased 10,939 BTC from Coinbase in December 2020 are not selling yet
Crypto Payments Firm Merge Raises $9.5M From Coinbase Ventures, Alameda Research and Others
30.5.2022
London-based payments company Merge has raised $9.5 million in a seed round, with investment from the likes of Coinbase Ventures and Alameda Research
Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia
28.5.2022
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy...
SAND Is Now on the Largest US Crypto Exchange Coinbase
27.5.2022
The metaverse token is becoming the real deal in the crypto market as the global exchanges fight to acquire its market. In a newsletter shared by The SandBox, we are notified about Coibase’s listing of the SAND tokens. In addition to the US, the exchange will list the metaverse tokens in more...
The Curious Case of Coinbase's India Communications Strategy
27.5.2022
It is unclear who was behind the communications strategy of Coinbase. Was it a CEO or Founder speaking his mind? A strategic advisor who gave advice that was ignored or was the advice simply faulty
Coinbase Has ‘Structural Advantage’ Over Competitors, Cowen Analyst Says
26.5.2022
Coinbase Global’s (COIN) security infrastructure and regulatory adherence give it a “structural advantage” over rival global crypto exchanges, Cowen equity research analyst Stephen Glagola said in a note to clients Thursday
Crypto Industry’s Custody, Ownership Rights Are 'Fundamental Problems' That Need Solving - US Official
25.5.2022
The recent collapse of the TerraUSD (UST) stablecoin has demonstrated that custody and ownership rights are underdeveloped for the size, scope, and ambitions of the crypto industry, according to the US Acting Comptroller of the Currency Michael J. Hsu.
The comptroller presented his opinion...