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” Surojit Chatterjee to retain 249,315 shares of Coinbase stock after departing company “ Surojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on February 3rd after reportedly making an estimated $105 million in stock sales. According to disclosures filed with the Securities and Exchange Commission, Chatterjee will also retain…
” Cathie Wood: Ark dumps 500K GBTC shares, adds Coinbase stock as Bitcoin recovers 40% “ Cathie Wood’s Ark Invest offloaded a chunk of its Grayscale Bitcoin Trust (GBTC) shares since November’s Bitcoin (BTC) price lows, the latest data shows. Cathie Wood’s Ark short-term cautious on GBTC Ark Invest added 450,272 GBTC shares worth $4.5 million to…
” Token dump following Binance listing raises insider trading suspicions “ Insider trading has become a burning topic in the crypto ecosystem, especially in light of the recent conviction of an ex-Coinbase manager’s brother. The insider trading charges were believed to be the first involving cryptocurrency, and now another set of wallet addresses with transaction…
” Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts “ Cryptocurrency exchange Coinbase won’t escape from the profitability challenges it will face from the crypto market downturn, despite having a strong brand and credibility in the crypto market, according to investment analysts. Credit rating firm Moody’s released a note on Coinbase on…
” Coinbase stops Japan operations amid trading slump “ Despite Bitcoin (BTC) returning to pre-FTX collapse price levels, the contagion still affects the industry, forcing Coinbase cryptocurrency exchange to close operations in Japan. Coinbase officially announced on Jan. 18 that the firm will be terminating operations in Japan and conduct a complete review of its…
” Crypto stocks surge: Coinbase up 69%, MicroStrategy up 74% since lows “ The share price of cryptocurrency exchange Coinbase has surged by 69% since its all time lows and other crypto-related stocks including business intelligence firm MicroStrategy have recorded similar jumps with green candles all around since the start of 2023. The share price…
” Crypto recruitment execs reveal the safest jobs amid layoff season “ Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe. It’s been a tough first few weeks…
“Coinbase CEO Brian Armstrong blames ‘unscrupulous actors’ for latest layoffs” Coinbase CEO Brian Armstrong appeared to blame disgraced FTX founder Sam Bankman-Fried after his struggling company announced another round of sweeping layoffs on Tuesday. Armstrong, an outspoken critic of Bankman-Fried, referenced recent upheaval in the cryptocurrency industry stemming from FTX’s collapse while confirming Coinbase has…
” Coinbase to cut another 20% of its workforce in the second wave of layoffs “ Major cryptocurrency exchange Coinbase is starting 2023 with more layoffs, letting go of another 20% of its employees in a second major wave of layoffs. Coinbase CEO Brian Armstrong officially announced on Jan. 10 that Coinbase will cut 950…
” SBF claims himself not guilty, faces up to 115 years in jail: Law Decoded, Jan. 2-9 “ Former FTX CEO Sam Bankman-Fried has pled not guilty to all criminal charges he’s facing, including wire fraud, securities fraud and violations of campaign finance laws. In total, the entrepreneur faces eight criminal counts, which could result…