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” 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…
” Risk profile of crypto markets similar to oil and tech: Coinbase “ Despite some touting crypto as a hedge against traditional markets, digital assets today share a similar risk profile to commodities such as oil and gas, and tech and pharmaceutical stocks, according to analysis from Coinbase’s chief economist. The observation comes from a…
” Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip “ Coinbase has long been considered an important bellwether of the cryptocurrency market. Last year, when the company was expanding its workforce, adding institutional clients and issuing stock, crypto prices were hitting record highs. Now, in the depths of crypto winter,…
” June roundup: Who’s hiring and who’s firing in the crypto space “ Amid the recent volatility in the crypto market affecting investments and stock prices, many firms made significant staff cuts in the last month while others continued hiring. In June, major crypto exchange Gemini was among the first to reportedly cut 10% of…
” Coinbase denies reports of selling customer data to the US government “ Crypto exchange platform Coinbase denied reports alleging that the company is selling its customer information to the United States Immigration and Customs Enforcement (ICE), an agency that works under the country’s Department of Homeland Security. On Thursday, news that Coinbase has been…
” Bitcoin price: June close barely beats 2017 high as Coinbase Premium flips positive “ Bitcoin (BTC) finished June 2022 just below $20,000 after a last-minute pump saw bulls escape 40% monthly losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Bitcoin could stay “boring” for months Data from Cointelegraph Markets Pro and TradingView showed…
” Coinbase providing customer geolocation data to ICE: Report “ A new report has indicated that crypto exchange Coinbase has provided Immigrations and Customs Enforcement (ICE) agents with a “suite of features” intended for tracking the company’s customers. According to the report, ICE has been granted access to an intelligence-gathering application, called Coinbase Tracer, that…
” Moody’s downgrades Coinbase due to bear: Warns it may not be the last “ Credit ratings agency Moody’s has downgraded the Corporate Family Rating (CFR) and guaranteed senior unsecured notes of crypto exchange Coinbase, and stated that both ratings have been placed under review for further downgrade. The CFR, a rating assigned to reflect…
” Coinbase to track off-exchange transactions from Dutch customers “ In a new blog post published Thursday, Coinbase says that starting Monday, all of its customers in the Netherlands will need to complete new Know Your Customer, or KYC, requirements when transferring digital assets to wallet addresses that are not based on the exchange. This…
“FTX, other crypto firms ditch sports deals as market collapses” Cryptocurrency companies poured billions of dollars into sports sponsorships in 2021 — but this year’s downturn has made the flood of cash dry up, The Post has learned. As a so-called “crypto winter” takes hold and companies look to trim costs, firms that splurged heavily…