Tag Archives: coinbase

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Company founders Ola Muse and Karthik Kalyanaraman left Coinbase in August. It only took them two months to raise and close the seed round, which was led by Redpoint Ventures with participation from Mysten Labs and Howard University. Their firm, Scale3, is an infrastructure startup that focuses on supporting blockchain node operators. Node operation is a complex process that needs highly technical support and rapid response when problems arise. As the Web 3 infrastructure...

The US-based cryptocurrency exchange – Coinbase – announced it will strengthen its presence in Australia, allowing locals an “easier and safer” option to enter the digital asset industry. The company described “The Land Down Under” as a “hotbed of fintech innovation.” More Crypto Options for Aussies In a recent announcement, Nana Murugesan – Managing Director at Coinbase – claimed that Australians are among the early adopters of digital assets and “savvy investors.” As such,...

Not long ago, Live Bitcoin News published an article talking about the world’s first cryptocurrency insider trading case, which occurred at the hands of a former employee of popular digital currency exchange Coinbase. It now looks like that case has reached a new pinnacle. Former Coinbase Employee May Have Conducted Insider Trades The case involves Ishan Wahi, a former product manager for Coinbase. He is accused of receiving private information about what coins the...

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The bear market has been tough for everyone, and holding on to Coinbase shares may not be wise, according to Wells Fargo. The multinational financial services company issued a profitability warning stating that the current market conditions may hurt the publicly traded crypto exchange. Despite having the early-mover advantage, Coinbase is now facing stiff competition from its rivals which have exploded the space in recent times. According to а CNBC report, Wells Fargo implied...

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Coinbase – the largest cryptocurrency exchange in the United States – has been slapped with another multi-million dollar lawsuit.  The company has been accused of patent infringement through several of its services, over which the plaintiff is seeking $350 million in damages.  Another Coinbase Lawsuit Veritaseum Capital LLC filed the lawsuit on Thursday in a Delaware court. The firm claims that Coinbase has infringed a patent awarded to the company’s founder Reggie Middleton...