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Tag: Coinbase

Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD

The cryptocurrency exchange is accused of failing to do due diligence, among other things, after users lost...

Crypto Biz: Crypto carnage pushes Celsius, Three Arrows Capital closer to insolvency, June 9-16

It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency...

FINRA may hire employees terminated from crypto firms: Report

“Anybody who is getting laid off from a crypto platform and wants to work for FINRA, give...

Crypto exchange Coinbase slashes staff by 18% amid bear market

After initially slowing down hiring, Coinbase announced plans to reduce its headcount by 18%, with the CEO...

Armstrong tweets in public airing of Coinbase’s internal discontent

The petition was quickly removed, and the number of signatures was not shown, but its list of...

Mastercard to allow 2.9B cardholders to make direct NFT purchases

Card payments for NFTs were first announced in association with Coinbase’s latest NFT marketplace in January.

Major crypto firms reportedly cut up to 10% of staff amid bear market

Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to...

Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don’t pay the bills’

Kraken’s Jesse Powell came under fire for listing the second-generation LUNA; separately, he railed against TradeFi’s crypto...

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