Jeff Dorman, chief funding officer at digital asset agency Arca, has criticized Coinbase CEO Brian Armstrong after the alternate head appeared to deliberately set off bets on prediction platforms in the course of the firm’s third-quarter earnings name. Key Takeaways: Arca’s Jeff Dorman criticized Coinbase CEO Brian Armstrong for referencing prediction market bets in the…
Coinbase is racing to keep forward of a wave of latest opponents as it pivots from being a pure crypto alternate to a broader monetary companies platform. Key Takeaways: Coinbase is increasing past buying and selling into custody, derivatives, and stablecoins as competitors intensifies. Despite robust ETF custody revenues and new ventures, Coinbase stays closely…
Within the face of rising costs and renewed curiosity within the cryptocurrency market, North Korean hackers are intensifying their illicit actions, particularly focusing on exchanges like Coinbase. CEO Brian Armstrong revealed that the corporate has needed to adapt its insurance policies considerably to counteract these threats from North Korea. Coinbase CEO Warns Of North Korean…
Coinbase CEO Brian Armstrong has predicted Bitcoin could reach $1m per token by the end of the decade, joining a growing list of high-profile figures betting on explosive growth in the world’s largest cryptocurrency. “I think we’ll see $1M per Bitcoin by 2030,” Armstrong wrote on X Thursday as he flagged his interview on the…
Coinbase is turning to the bond market for support after a disappointing second-quarter earnings report triggered a steep sell-off in its stock. Key Takeaways: Coinbase is raising $2 billion through a private sale of convertible senior notes after a weak Q2 earnings report. The notes, maturing in 2029 and 2032, target institutional buyers under Rule…
US-based cryptocurrency exchange Coinbase recently launched a musical advertisement titled “Everything Is Fine,” which sparked mixed reactions due to its perceived criticism of the United Kingdom’s (UK) economic policies. According to CNBC, the two-minute musical satirizes the UK, portraying it as a nation grappling with economic turmoil, strikes, and a cost-of-living crisis. Public Opinion Divided…
The UK’s Advertising Standards Authority has banned a Coinbase TV advertisement, signalling a tougher regulatory climate and pushing crypto brands to rethink their messaging. The TV commercial starts with a leaking ceiling, which later breaks, indicating how Great Britain clings to the old traditional financial system. “Everything is just fine, everything is grand,” it says,…
As Ethereum turns 10 years old, the crypto community has gathered to celebrate the network that helped shape the industry over the past decade, with anecdotes from industry leaders and bullish predictions for Ether’s (ETH) upcoming price action. Ethereum Hits 10-Year Milestone Ethereum and the crypto community are celebrating the blockchain’s 10th anniversary by highlighting…