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” The Agenda podcast chats crypto and sex work with WetSpace CEO Allie Rae “ What do the cryptocurrency and porn industries have in common? As it turns out, both are frequent targets of the traditional financial system, which has been known to ban the accounts of both crypto traders and sex workers. On this…
” Independent research verifies GBTC’s 633K Bitcoin: So why won’t Grayscale? “ With digital asset management firm Grayscale refusing to provide proof of reserves for its Grayscale Bitcoin Trust (GBTC), an independent analyst has spent days combing through the blockchain to independently verify its holdings. The OXT Research analyst, Ergo, used on-chain forensics to confirm…
” FTX downfall was a turning point for citizen journalism: Coinbase CEO “ Coinbase CEO and co-founder Brian Armstrong have applauded the work of citizen journalists and blockchain analysts surrounding the unfolding FTX crisis and its former CEO Sam Bankman-Fried. In a Nov. 16 tweet that has been retweeted over 9,000 times at the time…
” Coinbase transaction revenues plummet 44% as users activity declines in Q3 “ Crypto exchange Coinbase saw a huge fall in its transaction revenues in the third quarter after activity fell amid a broader market downturn, but managed to cut its losses in half compared to the prior quarter. In its shareholder letter released Nov….
” Buterin and Armstrong reflect on proof-of-stake shift as Ethereum Merge nears “ Ethereum co-founder Vitalik Buterin and Coinbase CEO Brian Armstrong believe that a gradual mind shift and important community contributions led to their backing of Ethereum’s upcoming move from a proof-of-work (PoW) to proof-of-stake (PoS) consensus. The two industry titans joined Coinbase protocol…
” Why Coinbase is banning slide decks and ‘endless meetings’ “ Crypto exchange Coinbase is getting rid of slide decks and “endless meetings” as a way to improve productivity following the purge of roughly 18% of employees last month. In a July 13 blog post, Coinbase CEO Brian Armstrong noted that the company is currently…
” Crypto exchange Coinbase slashes staff by 18% amid bear market “ Coinbase CEO Brian Armstrong officially announced on Tuesday that he made a “difficult decision” to reduce the size of the Coinbase team by about 18% due to a starting economic recession. “We appear to be entering a recession after a 10+ year economic…
” Coinbase junk bonds tank amid market rout and creditors’ fears “ The price of Coinbase’s junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could happen in the event of a bankruptcy. According to bond trading data from Trace Bonds, both of Coinbase’s junk bond offerings have dropped roughly…
” Coinbase CEO has ‘never been more bullish’ even after $430M Q1 loss “ Cryptocurrency exchange Coinbase has disclosed its first net loss as a public company of $430 million in Q1, but CEO Brian Armstrong said on an earnings call that he’s “never been more bullish on where we are as a company.” In…
“# Coinbase announces ‘nearly the entire company will shut down’ for four weeklong breaks in 2022 to allow workers to recharge ” Major U.S. crypto exchange Coinbase will be giving its employees one week off each quarter in 2022 to recharge after “long days and long weeks” of intense work. In a Monday blog post,…