Violet, which offers compliance and identity infrastructure for decentralized finance, launched its compliance-focused decentralized exchange, Mauve. Coinbase Ventures and Brevan Howard joined t...
Tag: brian armstrong
Crypto derivatives on the CME reach new milestones amid regulatory uncertainty
Bitcoin and ether derivatives trading volumes in dollar terms continued to climb higher in February. Futures and options trading volume for bitcoin rose by about 13%, and ether’s volumes ...
Bitcoin, crypto prices tread water ahead of pivotal Powell testimony and US jobs data
Crypto markets were relatively flat to start the week ahead of Jerome Powell testimony and some significant economic indicators. Bitcoin was trading around $22,500 by 12:30 p.m. EST, up 0.3%, ac...
Ether set to gain market leadership as the ‘stars are aligned,’ say Bernstein analysts
Crypto prices traded in a narrow range throughout February after a rip-roaring January saw some coins rally 40%, as Bernstein analysts say the Ethereum network could be set to explode. Ether wa...
Bitcoin, crypto prices sink for second day; Coinbase down as markets look to Fed minutes
Cryptocurrency and stocks dipped as the focus turned to the release of the U.S. Federal Reserve’s January meeting minutes later today. Bitcoin was trading at $23,700 by 11.20 a.m. EST, do...
Coinbase earnings beat thanks to USDC interest income, analysts say
Coinbase’s fourth-quarter revenue beat estimates thanks to USDC interest income, analysts said. Interest income for the quarter came in at $146 million, up more than 100% from the previous...
Coinbase fourth-quarter revenue beats estimates despite falling 57% year-on-year
Coinbase’s fourth-quarter revenue beat estimates, with the exchange reporting revenue of $604.9 million compared to the $589 million FactSet estimate. Although ahead of expectations, full ...
Coinbase inches higher ahead of earnings as Silvergate slips after downgrade
Coinbase climbed higher shortly after the open today, while Silvergate and other crypto-related stocks dipped. Shares in the crypto exchange traded up by 1% to about $66 by 10:45 a.m. EST, acco...
Coinbase CEO Busy Selling Stock to Fund His Other Startups
Coinbase CEO Brian Armstrong is well on his way to fulfilling a pledge to sell company stock to fund his new ventures. Last October, Armstrong promised to sell 2% of his total Coinbase stake over the ...
Bitcoin holds firm above $24,000, with crypto prices buoyant as stocks dips
Markets • February 16, 2023, 10:22AM EST Crypto prices continue to climb higher, with bitcoin firmly above $24,000. Equities linked to cryptocurrency and blockchain technology traded down. Bitc...
Crypto markets wrought ahead of US inflation data as regulatory issues steal focus
Crypto markets were roiled by the SEC last week, and now there’s even more uncertainty after the New York Department of Financial Services ordered Paxos to stop issuing BUSD. Next up is U.S. inf...
Binance’s BNB drops 6% on latest US regulatory moves; bitcoin off lows but still down
Cryptocurrency prices were once again driven lower by regulatory developments, with Paxos and the New York Department of Financial Services going toe to toe and Binance suffering the consequences. &#...
Coinbase drops 8% as CEO Armstrong calls out SEC; Silvergate sinks 5%
Crypto-related stocks sold off at the open, with Coinbase and Silvergate leading the drop. Coinbase shares fell over 8% to $63 by 11:15 a.m. EST, according to Nasdaq data. Last night Coinbase CE...
The 2023 Forbes Blockchain 50 Reveals Top Enterprises Continuing To Invest In Future Blockchain Innovations
Over the last year, the blockchain and cryptocurrency industries have seen severe volatility and scandal, with crypto prices plummeting and large-scale investment scams affecting millions of people. H...
950 More Employees To Lose Their Jobs As Coinbase Goes For Another Round Of Layoffs
Getty Images Key takeaways: It was announced on Jan. 10, 2022 that Coinbase would be slashing its workforce by about 20% (which translates to 950 employees) in an effort to reduce overall operating ex...
Bear Market Puts Coinbase CEO’s $3.7B Compensation in Deep Hibernation
The crypto bear has bankrupted hedge funds, demolished lenders and outed fraudsters, but one particular crypto billionaire has been uniquely affected by widespread market malaise: Coinbase CEO Brian A...
Coinbase Lays Off 950 Staff, Cuts Operational Costs By 25%
Coinbase is cutting an additional 950 staff as part of cost-saving measures that will see its operational expenses shrink by a quarter. The move was announced by CEO Brian Armstrong in a Tuesday morni...
Dogecoin and Binance’s BNB tack on double-digit gains
Bitcoin and ether moved sideways for the most part last week, as some altcoins moved higher. Bitcoin was changing hands at about $16,559 at 8:30 a.m. ET Sunday, representing a decline of about ...
Bitcoin, ether, altcoins, crypto stocks are all buzzing pre-market ahead of Fed minutes
Altcoins led a rally across crypto asset prices, with some adding double-digit gains. Binance’s BNB rose 13%, and Litecoin’s LTC was up over 15%. Bitcoin rose 3.2% over the past 24...
Exchanges rushed to show proof of reserves. It’s not enough.
Centralized exchanges still standing after the fall of FTX rushed to show proof of reserves. It’s a nice show, but it’s not enough, experts say. Proof of reserves — or showing exactl...
Coinbase Wins Crypto License In Singapore As City-State Aims To Become Web3 Hub
Brian Armstrong, cofounder and CEO of Coinbase. Samyukta Lakshmi/Bloomberg Coinbase, the world’s second-largest crypto exchange cofounded by billionaire Brian Armstrong, has been granted permission to...
Brian Armstrong reflects on Coinbase’s origin story
Episode 97 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Coinbase CEO Brian Armstrong. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Pod...
A Founder’s Story’ Offers A Meticulous Look At Crypto And The Ups And Downs Involved In The Origins Of Brian Armstrong’s Coinbase
San Francisco, CA – May 4, 2018: Coinbase CEO Brian Armstrong sits for a portrait in their San … [+] Francisco headquarters. (Photo by Christie Hemm Klok for The Washington Post via Getty ...
Crypto notables are being sent ETH from sanctioned Tornado Cash wallets
Someone is sending small amounts of ether (ETH) from sanctioned Tornado Cash wallets to a variety of wallets belonging to well-known crypto individuals and celebrities. This move appears to be some ki...
Crypto Funds Post Record $423 Million Outflows As Bitcoin Plunge Rattles Market
Topline Investors piled out of cryptocurrency investment funds at a record pace last week after bitcoin plummeted to its lowest level in 18 months, crypto asset management firm CoinShares reported Mon...
Should You Store All Your Crypto On Coinbase, Or Get Separate Wallets?
For retail investors, owning different cryptocurrency wallets might be a bit too much to ask. But … [+] it’s more secure than Coinbase. And harder to lose than a hard wallet. getty A month...
Coinbase CEO Blasts Employee Petition Against Executives
Turmoil inside crypto exchange Coinbase Global Inc. has spilled out into the public. Co-founder and Chief Executive Brian Armstrong on Friday lashed out on Twitter against an employee petition to remo...