Tag: Coinbase

Coinbase Exchange is now licensed in Italy as it continues to power its European expansion. The trading platform announced in a blog post on Monday, noting that it now ranks as one of the first crypto service providers to meet the set of criteria outlined by the Italian regulator, the Organismo Agenti e Mediatori (OAM). […]

As the heat of the prolonged crypto winter continues, cryptocurrency exchange, Bullish.com has joined a long list of crypto companies trimming their workforce to weather the massive market downturn. According to a report from The Block, the trading platform has let go of not less than 30 of its 390 employees. This represents about 7% […]

The harsh conditions in the global market at the moment have spread to Australia with Banxa, a crypto payments processing platform the next in line to cut its workforce. With a reduction from 230 to about 160, the exchange noted that it grew too rapidly and it has to make this decision to align with […]

Crypto exchange giant Coinbase has announced the launch of its first listed crypto derivative product Nano Bitcoin futures (BIT). The new product will be available to retail investors to trade from this Monday.  As per the announcement, BIT will be listed on the CFTC-regulated futures exchange. The head of Coinbase Derivatives Exchange, Boris Ilyevsky, revealed that […]

Singapore-based cryptocurrency trading platform, Bybit exchange has announced plans to retrench some of its workers as market uncertainty worries remain on the horizon. The exchange, which is currently ranked as one of the most versatile for futures trading did not confirm how many of its staff will be laid off. However, independent crypto Journalist, Colin […]

For the first time since December 2020, the overall crypto market capitalization has fallen below $1 trillion this week. We at TheCoinRise summarize the crypto market for this week, ranging from regulatory involvement to increasing adoption. Regulatory involvement in the crypto industry The Bank of Canada has issued a statement emphasizing the urgent need for crypto regulations. It stated that the risks associated […]

On Thursday, the crypto exchange giant Coinbase faced yet another class-action suit that claimed that the exchange platform showed negligent behavior while listing TerraUSD stablecoin. The allegations also include failure by the exchange to disclose its financial relationship with Terraform Labs. Before this, as TheCoinRise reported, Coinbase had been dragged into a Class Action lawsuit for not providing proper […]

The digital currency ecosystem might be experiencing an economic meltdown at this time, but Kraken seems not to be buckling under the weight of this reality. The exchange announced earlier this week that it has no plans to retrench some of its staff and that it plans to hire more than 500 new hands before […]

Coinbase Global Inc, the publicly traded American cryptocurrency trading platform has announced the retrenchment of approximately 18% of its global workforce. Sharing the reasons for the action, Co-Founder and Chief Executive Officer, Brain Armstrong said the current economic climate and the exchange’s uncertain business outlook have necessitated the tough decision to let some of the […]

American cryptocurrency exchange, Gemini has taken the painful but drastic step of laying off as many as 10% of its workforce, a response to the growing realities in the digital currency ecosystem.  Despite the layoff, Tyler and Cameron Winklevoss reiterated the fact that their staff remains the most important part of the company as their […]

Emilie Choi, the President and Chief Financial Officer of America’s biggest cryptocurrency trading platform, Coinbase Global Inc has announced the firm will be taking a laid-back approach when it comes to its earlier plans to hire new staff. The move was so decided considering the heavy blow the industry has suffered lately, which has also […]

As per a report, the top centralized crypto exchanges have touched new all-time highs for market shares in 2022 as the crypto trading volumes consolidate onto the only few trusted companies’ platforms. According to data provided on Monday by UK analytics firm CryptoCompare, these so-called “top-tier” crypto exchanges boosted their market share from 89 percent in August […]

The Indian tech hub of American digital currency trading platform, Coinbase Global Inc is hosting a crypto community event in Bangalore this week to discuss the future of the nascent industry. As contained in a blog post shared by Brian Armstrong, the exchange’s Chief Executive Officer, India occupies a pivotal position in the company’s growth […]

Crypto exchange giant Coinbase is reportedly buying the Brazilian company, which is also the parent company of Mercado Bitcoin, 2TM. The third-largest newspaper in Brazil with 212 million populace, Estadão, reported that the Coinbase acquisition could be completed by next month.  Notably, last year, 2TM gained unicorn status and currently has a valuation of $2.2 billion. In […]

MaiCoin, Taiwan’s largest cryptocurrency trading platform is reportedly raising funds in a Series C round as it pushes to raise its valuation to $400 million. As reported by Bloomberg citing people familiar with the matter, the funding from MaiCoin is a sequel to the Taiwanese exchange’s plans to go public on the NASDAQ Global Select […]

American digital currency trading platform, Coinbase Global Inc has been dragged into a Class Action lawsuit by three of its customers for not providing the appropriate disclaimers to 79 tokens they traded on the platform. According to the three plaintiffs,  Louis Oberlander, Henry Rodriguez, and Christopher Underwood, Coinbase sold 79 tokens that met the definitions […]

When it comes to adding new things to their platform, Coinbase never disappoints. The largest cryptocurrency exchange in the entire United States has confirmed the launch of Coinbase Pay, which is now “the easiest way for Coinbase users to fund their Coinbase Wallet from the Chrome browser extension and explore web3.” Coinbase, which brought a number […]

Crypto exchange giant Coinbase has announced that it will label some assets that are either new to the platform users or have a relatively low trading volume, as “experimental,” in an effort to be more transparent and clear to its users. Founded in 2012, Coinbase, which claims to offer the “safest and easiest platform to buy and […]