Coinbase

The Immigration Department’s ongoing probe has uncovered no evidence of participation by Israeli nationals

Digital assets have lost their portfolio-hedge appeal, increasingly tracking broader financial markets and curbing cross-asset inflows

Bitcoin is down about one-third since hitting a peak in October

The layoffs is the latest in a string of workforce reductions across the crypto and payments sectors

Its transaction revenue fell to US$982.7 million in Q4, from US$1.56 billion a year earlier

Bitcoin is also down by about half since early October

The legislation seeks to define when crypto tokens are securities, commodities or otherwise

The banking industry has decried the idea of exchanges paying stablecoin rewards

The company aims to become ‘an everyday app’