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Coinbase
Coinbase, founded in 2012 by Brian Armstrong and Fred Ehrsam, is a widely recognized cryptocurrency exchange that offers a platform for buying, selling, and storing digital currencies. It's known for its strong emphasis on regulatory compliance and security, making it a popular choice among both novice and experienced crypto investors. Coinbase supports a variety of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, and provides additional services like a digital wallet and educational resources for users.
Coinbase Lays Off Roughly 1,100 Employees as Crypto Market Tumbles
Publicly traded crypto exchange Coinbase is letting go of roughly 1,100 employees to cut costs, according to a recent company filing Tuesday. This comes after BlockFi and Crypto.com also announced layoffs. "The Hash” group discusses the consequences, the dilemma that many of the big names in crypto are facing after over-expanding during the bull run.
JPMorgan Cuts Coinbase to Neutral With $68 Price Target; Shares Slump
It will be challenging for the exchange to generate a profit in the near future, the bank’s analysts said.
Michael Saylor's MicroStrategy Leads Plunge in Crypto-Related Stocks
Bitcoin has tumbled below $24,000 for the first time in 18 months, and ether dropped to a 15-month low.
Coinbase CEO Criticizes Online Petition Against Executives
Coinbase CEO Brian Armstrong is blasting an online petition calling for the removal of some top executives. In a Twitter post, Armstrong posted "This is really dumb on multiple levels."
'You Will Be Fired': Coinbase CEO Brian Armstrong Lambastes Anonymous 'Operation Revive COIN' Petitioner
An online petition claiming to come from a Coinbase employee(s) called for the removal of a number of company executives.
Wendy O Thinks Big Crypto Companies Need To Do Better
"The Hash" co-host Wendy O discusses Coinbase's strategic investment in Asia's crypto exchange Zipmex at #Consensus2022. For her, big crypto companies like Coinbase need to set an example and start building in a recession. "These big crypto companies need to do better."
The Lack of Talent in the Crypto Space
"The Hash" panel discusses the opportunistic investments following Coinbase's hiring pause and Terra LUNA's collapse. Plus, a further conversation on the lack of talent in the crypto space, at #Consensus2022.