Exchanges
Over 13K people mint Coinbase commemorative ‘stand with crypto’ NFTs
Coinbase’s “Stand With Crypto” NFTs are purely commemorative and had no intended value or utility at press time.
Coinbase
Latest stories
Exchanges
Coinbase CEO Brian Armstrong offloaded $1.8M worth of shares in April
CryptoSlate had previously reported that Armstrong sold 89,196 Coinbase shares for a total of $5.8 million in March.
Staking
SEC’s regulatory actions push US-based exchanges to withdraw staked Ethereum
The SEC has urged US-based crypto exchanges offering staking programs and interest-bearing products to comply with securities laws.
Exchanges
Coinbase insiders sold $7.4M stocks in the last 30 days
Coinbase CEO Brian Armstrong sold around 90,000 shares in the last 30 days for $5.8 million, according to Dataroma data.
AI
Coinbase: ChatGPT doesn’t meet accuracy requirements for integration into security review process
Coinbase said ChatGPT's responses were inconsistent and it incorrectly labeled five high-risk assets as low-risk.
Exchanges
Coinbase eyeing offshore exchange to escape US regulatory pressure
Coinbase is subjected to higher standards of regulatory oversight than many of its rivals who are based offshore.
Stablecoins
BUSD’s trading volume dropped to lowest point in February on Coinbase
BUSD's balance on exchanges has dropped to under 10 billion within three months, according to Glassnode data.
Exchanges
Kraken closes Abu Dhabi’s office, sacks 8 staff
Kraken discharged eight members of its MENA team, keeping the managing director Benjamin Ampen to oversee the transition in the region.
Exchanges
Coinbase denies shutting NFT marketplace amid dwindling use
Coinbase NFT weekly users fell below 500 towards the end of September 2022 and has consistently seen less than 200 weekly users in 2023.
Exchanges
Coinbase to halt operation in Japan
The exchange said leaving Japan is part of its restructuring process that will help it weather the bear market.
Bear Market
Coinbase lays off 950 employees
Coinbase's CEO Brian Armstrong said that the layoffs will provide the company with operational efficiency to weather the bear market. Coinbase's shares were up almost 3% premarket after the announcement.
Exchanges
Coinbase CEO Brian Armstrong calls for regulation of crypto industry
Coinbase CEO Brian Armstrong called for a level playing field between local and foreign firms operating within the crypto space.
