Tag: Coinbase

Coinbase CFO’s outlook on the way forward for cryptocurrency

Joel
  • Coinbase CFO Alesia Haas stated throughout the firm’s earnings name that competitors on buying and selling charges is not a long-term enterprise mannequin for the cryptocurrency firm.
  • Crypto buying and selling in the newest quarter declined, resulting in disappointing earnings and a inventory decline, however the firm says it isn’t a enterprise to be seen quarter-to-quarter.
  • Greater than half of CFOs surveyed by CNBC earlier this 12 months stated that bitcoin is “for actual,” which was a major change from prior-year CFO surveying on cryptocurrency acceptance.



Employees work at the Coinbase Inc. office in San Francisco, California.

© Supplied by CNBC
Staff work on the Coinbase Inc. workplace in San Francisco,

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NBA Pronounces Partnership With Coinbase, Opening Door for Cryptocurrency in Stadiums

Joel

Forward of the NBA’s seventy fifth anniversary season, the league introduced a partnership with Coinbase, opening the door to attainable cryptocurrency transactions in stadiums within the close to future.



The NBA announced a partnership with Coinbase, the popular cryptocurrency trading application on Tuesday, October 19, 2021. Above, a visual representation of the digital cryptocurrency Bitcoin is displayed in front of the Coinbase cryptocurrency exchange platform logo on April 14, 2021 in Paris, France.

© Chesnot/Getty
The NBA introduced a partnership with Coinbase, the favored cryptocurrency buying and selling software on Tuesday, October 19, 2021. Above, a visible illustration of the digital cryptocurrency Bitcoin is displayed in entrance of the Coinbase cryptocurrency alternate platform brand on April 14, 2021 in Paris, France.

Coinbase is a well-liked cryptocurrency buying and selling software the place customers can put money into widespread digital currencies similar to Bitcoin and

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Coinbase says U.S. ought to create a brand new cryptocurrency regulator

Joel

Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 on the Hilton Midtown on Could 15, 2019 in New York Metropolis.

Steven Ferdman | Getty Photographs

The U.S. ought to create a brand new regulator to supervise digital asset markets, Coinbase stated in a brand new coverage proposal launched Thursday. It warned that failure to manage appropriately might go away the nation even additional “behind” different governments.

The proposal comes a day after one among its buyers, enterprise capital agency Andreessen Horowitz, launched its personal imaginative and prescient of how next-generation web providers together with blockchain and digital property ought

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Coinbase says U.S. ought to create a brand new cryptocurrency regulator

Joel
  • Coinbase laid out its proposal for a way the U.S. ought to regulate digital property in a brand new coverage paper Thursday.
  • It warned that failure to appropriately regulate may depart the nation even additional “behind” different governments.
  • Certainly one of its buyers, VC agency Andreessen Horowitz, laid out an identical proposal for digital property and different new applied sciences on Wednesday.



Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City.

© Offered by CNBC
Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 on the Hilton Midtown on Might 15, 2019 in New York Metropolis.

The U.S. ought to create a brand new regulator to supervise digital asset

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Coinbase says hackers stole cryptocurrency from no less than 6,000 prospects

Joel

Oct 1 (Reuters) – Hackers stole from the accounts of no less than 6,000 prospects of Coinbase International Inc (COIN.O), in line with a breach notification letter despatched by the cryptocurrency trade to affected prospects.

The hack occurred between March and Could 20 of this 12 months, in line with a duplicate of the letter posted on the web site of California’s Lawyer Common.

Unauthorized third events exploited a flaw within the firm’s SMS account restoration course of to achieve entry to the accounts, and switch funds to crypto wallets not related to Coinbase, the corporate mentioned.

“We instantly mounted

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What it means for Bitcoin, Coinbase and the US

Joel

The epicenter of Bitcoin mining has referred to as it quits. On Sept. 24, China’s Central Financial institution declared all crypto-related transitions unlawful, citing issues about playing fraud and cash laundering. The transfer sparked a pointy drop in markets; some buyers raced to dump their holdings, and the value of Bitcoin fell almost 10% after the announcement, earlier than shortly regaining some misplaced floor. 



a flock of birds sitting on a wire fence: Getty Images

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Getty Pictures

China’s crypto crackdown comes as governments around the globe — together with the US — start to coalesce their official positions on digital belongings and digital currencies. The Chinese

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