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“# Coinbase insiders dump nearly $5 billion in COIN stock shortly after listing ” Insider activity reports for Coinbase’s COIN stock indicate that multiple early investors and executives dumped billions in equity shortly after COIN’s direct listing, with at least one C-suite director cashing out their stake in the cryptocurrency exchange entirely. Data from Capital…
“# Coinbase CEO tops China’s Hurun list of blockchain billionaires ” The CEO of the United States’ largest cryptocurrency exchange, Coinbase, has topped the list of global industry billionaires by China’s Hurun Research Institute. Issued on March 2, the latest Hurun report provides a brief overview of the world’s richest, stating that the number of…
“# Coinbase reportedly taps Goldman Sachs for IPO ” Digital currency exchange Coinbase has reportedly approached Goldman Sachs to lead its upcoming initial public offering — a move that could bolster the appeal of cryptocurrencies to a broader mainstream audience. Citing two sources familiar with the matter, Business Insider reported Friday that Coinbase is looking…
“# Binance and Coinbase suffer outages as Bitcoin’s price soars ” Both Binance and Coinbase suffered technological issues on Wednesday — the same day Bitcoin (BTC) crossed the $20,000 price threshold for the first time. Binance related its issues to the number of people surfing the exchange. Changpeng Zhao, or CZ, Binance’s CEO, tweeted on…
“# Former Cisco CFO joins Coinbase board as mainstream recognition grows ” Digital currency exchange Coinbase welcomed a new member to its Board of Directors on Wednesday, as it continues to draw on expertise from outside the cryptocurrency sector. Kelly Kramer, former CFO at Cisco, will serve as Chair of Coinbase’s Audit and Compliance Committee,…
“# Coinbase CEO prompts furious accusations of hypocrisy as he pushes political misinformation ” Less than a month after Brian Armstrong declared Coinbase should “be laser focused on achieving its mission,” he seemingly violated his own policy by tweeting a political post riddled with falsehoods… during business hours. In an Oct. 23 tweet from Armstrong’s…
“# The curious case of Coinbase — employees driven out by ‘apolitical’ stance ” America’s largest cryptocurrency exchange, Coinbase, made headlines over the past few weeks for an internal culture change that effectively told employees that there will be no space for social activism within its walls. Furthermore, a recently leaked audio apparently reveals that most…
“# Armstrong says ‘silent majority’ supports Coinbase apolitical stance in leaked audio ” Coinbase leadership recently moved to curb sociopolitical discourse within their company, mandating that the team should focus on the company’s mission rather than politics. Coinbase co-founder and CEO Brian Armstrong later held an all-hands meeting, billed as an “ask me anything” session,…
“# Coinbase hemorrhages employees following controversial culture stance ” After adjustments to company policies, popular U.S.-based crypto exchange Coinbase has seen backlash from employees who disagreed with the changes. Coinbase received national attention for a recent change to its policies, which required employees to avoid political and social distractions, and instead focus on its core…