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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
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...
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
Santas and Grinches: The heroes and villains of 2022
24.12.2022
Here’s a list of the 12 individuals who had the most impact — for better or worse — on the crypto industry this past year
Coinbase CEO Slams Sam Bankman-Fried for Blaming FTX’s $8 Billion Hole on ‘Accounting Error’
7.12.2022
The chief executive of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, has slammed former FTX CEO Sam Bankman-Fried (SBF) for claiming that FTX is missing $8 billion due to an “accounting error.” He stressed: “It’s stolen customer money used in his hedge...
Billionaire Founder of Coinbase Rejects Sam Bankman-Fried’s Account of Events, Says Funds Were ‘Stolen’
5.12.2022
The CEO of the major crypto exchange Coinbase, Brian Armstrong, basically called the FTX founder Sam Bankman-Fried a liar, stating that the latter couldn't have possibly missed billions of 'extra' dollars showing up in the accounts....
Read More: Billionaire Founder of Coinbase Rejects...
Despite endless media appearances, SBF unlikely to testify on 13th
5.12.2022
One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to the U.S. Congress
Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’
22.11.2022
According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX’s turbulent collapse. Coinbase Co-Founder Shares...
Brian Armstrong pushes to have an easy spot on US Cos. amid FTX crisis
10.11.2022
FTX now sees nothing going in its favor. The Securities and Exchange Commission and the Department of Justice are investigating the venture’s handling of customer funds. Certain assets should have been registered with the SEC; otherwise, FTX could be charged with breaking US regulations...
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 […]
Billionaire Coinbase CEO has Just Made This Crypto Prediction – Will it Happen?
31.10.2022
Coinbase CEO Brian Armstrong has forecasted that Bitcoin will become a serious flight-to-safety asset within the next five or 10 years.
In an episode of Coinbase’s Around the Block podcast, titled "The State of Crypto and Where It’s Headed with Pomp," said the flagship cryptocurrency's market...
Coinbase CEO Wants to Sell Part of Stake to Fund Science Research
16.10.2022
Coinbase CEO Brian Armstrong has announced plans to sell 2% of his stake in the cryptocurrency platform over the next year to fund scientific research.
Armstrong said on Twitter late Friday that he wants to invest in tech and science in order to solve some of the biggest issues in the world...
Google Cloud Partners With Coinbase to Accept Crypto Payments, Drive Web3 Innovation
12.10.2022
Google Cloud has announced a partnership with Coinbase to drive Web3 innovation that includes using the crypto exchange to accept cryptocurrency payments. “We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions...
Disclosures Show Shopify’s CEO Bought $3M Worth of Coinbase Shares During the Past 2 Months
4.10.2022
Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he’s required by law to submit his trades to the U.S....
Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies
16.9.2022
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW....
Brian Armstrong's Finest Hour: Backing Tornado Cash Suit Against Treasury
9.9.2022