Wednesday , December 7 2022
Home / Tag Archives: coinbase

Tag Archives: coinbase

Coin Check Wants a Stock Exchange Listing

Crypto exchange Coin Check is looking to follow in Coinbase’s footsteps and wants to be listed on the Nasdaq. The firm is aiming to complete a merge with a special acquisition company by July of next year so it can be listed on the stock exchange. Coin Check Wants to Be Like Coinbase Coinbase – the western world’s largest and most popular cryptocurrency exchange – started a trend in April 2021 that many new companies apparently want to copy. The company got itself listed on the Nasdaq,...

Read More »

Coinbase CEO Says FTX Clearly Stole User Funds, Rejects Claims of Accounting Error

Coinbase chief slammed crypto exchange FTX over their excuses for an accounting error. Brian Armstrong said that FTX clearly stole customers’ money by moving funds to Alameda Research.After all, what’s transpired in the crypto space with the collapse of crypto exchange FTX, industry heavyweights have weighed in with their opinion. Coinbase chief Brian Armstrong lashed out at FTX founder Sam Bankman-Fried for his handling of customer funds. As we know, SBF has been giving public interviews...

Read More »

Coinbase CEO: Even The Most Gullible People Should Not Believe SBF

Samuel Bankman-Fried took Do Kwon’s spot by becoming the most talked-about and arguably hated person in the cryptocurrency industry in November when his empire collapsed, and the community found out about his dirty laundry. The latest to join the bashing fest is Coinbase’s CEO – Brian Armstrong – who had some strong words to say about people believing SBF’s most recent story. Don’t Believe SBF After a few weeks of staying quiet in the dark, Bankman-Fried finally broke his...

Read More »

Brian Armstrong Says He Was Wrong About BTC

In a recent interview, Brian Armstrong – the CEO of popular digital currency exchange Coinbase – commented that he “overestimated” bitcoin as a hedge against inflation, and he’s learning now – like so many other traders – that bitcoin is not yet ready or mature enough to handle the hard-hitting economic factors that the country has been facing over the last year and a half. Brian Armstrong Says He was Incorrect About Crypto In a podcast discussion, Armstrong commented: Frankly, I’ll admit,...

Read More »

Coinbase Eyes Europe Expansion, Hires Four New Executives

Leading American cryptocurrency exchange Coinbase has on-boarded new executives to lead its expansion plans in Europe, the Middle East, and Africa (EMEA) despite the intense bear market pushing several crypto entities into bankruptcy.   According to the exchange, the appointments are part of its ”Go Broad and Go Deep strategy’ for global expansion, which the company announced in Q3. CryptoPotato reported in July that Coinbase sought regulatory approval from several European...

Read More »

Nearly 100 Customers Sue Coinbase Over Its Wallet App

Coinbase is in hot water after close to 100 customers have filed lawsuits against the western hemisphere’s largest digital currency trading platform. Customers Are Angry with Coinbase These customers are accusing Coinbase of turning a blind eye to a scam that ultimately cost them more than $21 million in digital currency funds. The problem stems from the Coinbase Wallet, which last fall, directed users upon being downloaded to fraudulent or phony websites that allowed...

Read More »

Coinbase CEO Assures Fully Backed Bitcoin Reserves, CZ Deletes Doubtful Tweet

Coinbase CEO Brian Armstrong quelled concerns about the state of his company’s Bitcoin holdings on Tuesday, following doubtful suggestions from rival exchange owner Changpeng Zhao (CZ).  Binance’s CEO has since deleted his tweet, promising to “work together to improve transparency in the industry.” What Did CZ Say? CZ’s now-removed post called attention to two separate claims about the exact number of Bitcoin held by Coinbase.  The first was a statement from Coinbase Custody...

Read More »

Coinbase Shares Reach Another All-Time Low of $40

Shares for Coinbase, America’s largest cryptocurrency exchange, are trading at another all-time low as Bitcoin and the crypto market log some of the lowest digital asset prices in over two years. COIN stock fell 8.9% on Monday, from $44 at 14:20 UDT to $41.23 when the day closed.  The current price is down 37% over the past month, and 87% from its all-time high of $342 in November of last year.  Meanwhile, Coinbase 2028 bonds are trading for only $0.51 on the dollar,...

Read More »