Coinbase
Embrace AI or get left behind: Job cuts sweep through crypto firms
Bitcoin is down about one-third since hitting a peak in October
Coinbase to cut 14% of workforce, citing volatile markets and AI
The layoffs is the latest in a string of workforce reductions across the crypto and payments sectors
Coinbase posts surprise loss on crypto trading slowdown
Its transaction revenue fell to US$982.7 million in Q4, from US$1.56 billion a year earlier
Coinbase CEO falls from list of world’s richest as crypto slides
Bitcoin is also down by about half since early October
US Senate Banking delays crypto bill after Coinbase CEO opposition
The legislation seeks to define when crypto tokens are securities, commodities or otherwise
Coinbase raises pressure as crypto bill moves to Senate markup
The banking industry has decried the idea of exchanges paying stablecoin rewards
Coinbase announces entry into prediction markets, stocks
The company aims to become ‘an everyday app’
Crypto exchange Coinbase beats analysts’ estimates as trading volumes surge
Cryptocurrency exchanges often benefit from volatility in the sector as they earn more through transactions with investors seeking to hedge their portfolios
Citigroup to tie up with Coinbase to boost digital payments for institutional clients
Dealmaking within the digital assets industry has picked up pace this year
Coinbase backs India’s CoinDCX at US$2.45 billion valuation
Global crypto players are attempting to expand in India despite a punitive tax regime that has curtailed trading volumes
