Coinbase
Elon Musk's X hires crypto-savvy design lead as X Money payments push inches closer
Benji Taylor, former CPO at Aave Labs and design head at Coinbase's Base, brings self-custody wallet and DeFi product experience to the social media platform.
Circle selloff may be overdone as crypto bill weakens Coinbase edge, say analysts
The latest draft of the CLARITY Act hit both stocks, but one analyst says the bill could ultimately shift bargaining power toward Circle and away from Coinbase.
Circle stock tumbles 20% on newest Clarity Act draft
Circle shares fell 20% and Coinbase dropped about 10% after a draft of the U.S. Clarity Act raised the prospect of strict limits on stablecoin yield. The sell-off also comes as rival Tether moved to bolster confidence by hiring a Big Four accounting firm for a full audit. CoinDesk's Jennifer Sanasie hosts CoinDesk Daily.
Circle stock plunges 20% as a new draft of the Clarity Act threatens stablecoin rewards
The latest version of the Clarity Act is pressuring stocks as it would restrict stablecoin rewards.
Bitcoin slips below $70,000, Circle's 16% slide leads crypto stock sell-off
Market participants are now pricing in rate hikes, and it could be weighing on risk assets.
Coinbase says the ‘second wave’ of crypto investors are prioritizing income over price appreciation
Coinbase’s head of institutional, Brett Tejpaul, says institutional priorities in crypto are evolving, and investors are increasingly hunting for yield.
Coinbase introduces stock perpetual futures contracts for non-U.S. customers
The contracts trade 24/7, are cash-settled in USDC and allow for up to 10-times leverage on single-stock contracts and 20-times on ETF products.
Coinbase's bitcoin yield fund goes onchain with Apex's tokenization push
The Coinbase Bitcoin Yield Fund's tokenized share class runs on Base as the $3.5 trillion fund services giant Apex applies tokenization across its business.
Coinbase faces a multibillion-dollar threat from D.C. but a 'rewards' loophole could protect its stablecoin revenue
The proposed rules could ban yield on stablecoins like USDC, though analysts say the exchange may adapt.
Large investors are doubling down on crypto, but getting a lot pickier about risk
Most institutional investors plan to increase allocations even as concerns around regulation and risk management continue to grow.
