Coinbase waived USDT-USDC conversion fees. It is the second CEX to do so after Binance. Coinbase has taken aim at Tether (USDT) with its latest blog post, as it promoted USD Coin (USDC) as a safer sta...
Tag: Coinbase
Coinbase users to convert USDT to USDC for free
According to a blog post published on December 8, Coinbase is encouraging its users to exchange their Tether (USDT) holdings for USD Coin (USDC). The US-based exchange claims that recent events have d...
Crypto Exchange Coinbase Advises Users To Convert USDT to USDC
Exchange News Coinbase posted a blog encouraging people to convert their USDT to USDC at no cost. The exchange implicitly targeted Tether (USDT) for the adequacy of its reserves. Coinbase, a cryptocu...
Stablecoin wars heat up as Coinbase offers fee-free swaps from USDT to USDC
Coinbase has called on users to convert their Tether stablecoins to the stablecoin it cofounded, USD Coin — while waiving fees for doing so. “Now more than ever, stability and trust are of...
Coinbase asks users to convert their USDT to USDC for free
Coinbase is incentivizing its users to convert their Tether (USDT) holdings for USD Coin (USDC), according to a Dec. 8 blog post. Switch to a trusted stablecoin: USD Coin (USDC). Now convert Tether (U...
Tether CTO Criticizes Coinbase For Asking Users Convert USDT To USDC
Crypto exchange Coinbase has asked users to switch from Tether (USDT) to Circle’s USD Coin (USDC), referring USDC as a “trusted and reputable stablecoin.” While the major reason remains unclear, Coinb...
Coinbase Encourages Users to Switch From USDT to USDC
In a new blog post, the centralized crypto exchange encouraged users to switch from USDT to USDC by waiving the conversion fees while highlighting the latter stablecoin as a “trusted and reputable dig...
Coinbase Questions Tether Reserves, Aks Users To Switch
Let the stablecoin war begin! In a controversial move, leading American exchange Coinbase has urged its users to switch their Tether (USDT) to USD Coins (USDC). In a blog post titled “Switch to the tr...
Binance CEO, Coinbase exec feature in Masterclass crypto crash-course
For the uninitiated, the world of cryptocurrencies and blockchain technology can be daunting, confusing and difficult to comprehend. Three industry experts and a skeptical economist explore the past, ...
Coinbase Urges Customers to Drop USDT, Zero Fees for USDC
America’s largest crypto exchange, Coinbase, doesn’t want its customers to use the Tether stablecoin. It’s instead offering incentives on its own stablecoin, USDC. In a company blog post on Dec. 8, Co...
Coinbase Revenue Will Be ‘Half or Less’ of Last Year’s: CEO Brian Armstrong
Coinbase will bring in half as much revenue this year amid the crypto winter, the company’s CEO Brian Armstrong has said. Speaking on Bloomberg TV on Tuesday, Armstrong said that last year the firm ra...
Why Is Coinbase Expecting a 50% Drop in Revenue This Year?
Join Our Telegram channel to stay up to date on breaking news coverage Coinbase CEO Brian Armstrong has said that he expects revenue to fall 50% or more, blaming the state of the industry and shaken i...
Coinbase CEO estimates 50% revenue drop due to falling crypto prices
As digital assets suffer from a sector-wide slump made worse by a spate of high-profile crashes that damaged investor trust, Coinbase Global Inc’s (COIN.O) turnover is expected to decrease by half thi...
Coinbase CEO Expects Drastic Fall in Crypto Sales This Year
2 hours ago | 2 mins read Exchange News According to Brian Armstrong, CEO of Coinbase, investor trust has been rattled. Armstrong’s estimate is in line with analysts’ projections of $3.2 billion. Coin...
Coinbase Head Predicts 50% Revenue Slump, Stock Down 86%
Coinbase chief executive Brian Armstrong is not very optimistic about his firm’s revenue this year. He claims earnings may be cut by half due to a prolonged crypto winter and waning investor confidenc...
Coinbase Expects 2022 Revenue To Be 50% Lower Than 2021
Leading cryptocurrency exchange Coinbase anticipates a sharp decline in revenue this year. As a result of falling prices and the collapse of a competing exchange FTX, investors’ confidence has been sh...
Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022
“Last year in 2021, we did about $7 billion of revenue and about $4 billion of positive EBITDA, and this year with everything coming down, it’s looking, you know, about roughly half that or less,” Arm...
Coinbase’s Armstrong expects revenue to fall 50% or more, he tells Bloomberg
Coinbase CEO Brian Armstrong said the crypto exchange’s revenue this year will likely be cut in half or more from 2021’s sales number, blaming the state of the industry and shaken investor...
Crypto Exchange Coinbase Adds Support for Two Low-Cap Ethereum Altcoins, Sparking Rallies
Top US crypto exchange Coinbase has given support for two Ethereum (ETH)-based altcoin projects as markets continue to consolidate. In an announcement via Twitter, Coinbase says it will be adding supp...
EGLD by MultiversX goes live on Coinbase
MultiversX is furthering its expansion in the US market by going live on Coinbase. According to the announcement made by the team, the native token of the platform – EGLD – will be listed on Coinbase,...
‘Radio Silence’ As Coinbase Team Yet To Respond On Flare Token Distribution For XRP Holders
– Advertisement – Philion says the Coinbase team has refused to communicate with Flare Networks on FLR token distribution. Flare Networks CEO Hugo Philion disclosed in a tweet yesterday ...
Coinbase urges for crypto “regulatory guardrails”
Tom Duff Gordon, Vice President for International Policy at Coinbase, claims that the crypto sphere needs stricter rules following the FTC collapse. Gordon attended a podcast called “Following the Rul...
‘Magic’ Ethereum-Based Altcoin Explodes 138% As Coinbase Places Crypto Asset on Roadmap
An Ethereum (ETH)-based altcoin project has quietly outperformed the markets with a parabolic rally following a nod of approval from top US crypto exchange Coinbase. Coinbase says Magic (MAGIC) is now...
Coinbase CEO Slams Sam Bankman-Fried for Blaming FTX’s $8 Billion Hole on ‘Accounting Error’ – Featured Bitcoin News
The chief executive of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, has slammed former FTX CEO Sam Bankman-Fried (SBF) for claiming that FTX is missing $8 billion due to an “ac...
Coinbase slips 7%, Silvergate sinks over 4% as equities have another down day
Bitcoin and ether were little changed amid a plunge in equities. Bitcoin was trading just below $17,000, up about 0.2% by 4:00 p.m. EST, according to TradingView data. The leading cryptocurrency...
Coinbase sees ‘regulatory guardrails’ needed for crypto confidence boost
The UK needs to beef up its regulation of crypto for public confidence to return to the still reeling sector in the wake of the FTX collapse, Coinbase Vice President for International Policy Tom Duff ...