Coinbase

Coinbase (NASDAQ: COIN) will allow users to unstake their Ethereum (CRYPTO: ETH) 24 hours after the Shapella fork is activated on the Ethereum mainnet.  What Happened: In a tweet on Wednesday, the exchange said that it anticipates that demand for unstaking will be high soon after the upgrade...

Silvergate Bank (NYSE: SI) was once a key financial partner for the cryptocurrency industry. Now, it's set to wind down operations and liquidate. The California-based bank had been considered a critical player in the crypto industry by providing financial services to companies like Coinbase (...

Coinbase (NASDAQ: COIN) on Tuesday launched #Crypto435, a grassroots campaign to support pro-crypto policies in all 435 Congressional districts across the United States. What Happened: Through this initiative, Coinbase seeks to unify members of the crypto community, providing them with the tools...

Coinbase Global Inc. (NASDAQ: COIN) on Thursday launched its new blockchain, Base, and a few new crypto tokens that play on the name have suddenly spiked, even though they have no connection to the new network.   What Happened: BASE, a token of the decentralized project Base Protocol that...

Cryptocurrency exchange OKX is considering a potential workforce reduction, a company spokesperson said. The OKX spokesperson declined to reveal the exact number of the potential layoffs, but stated it may effect less than 1% of OKX's global workforce. Employees that will be...

Cryptocurrency exchange Kraken closed its Abu Dhabi office less than a year after obtaining a local license as part of its ongoing retrenchment efforts. The company reportedly laid off most of its team focused on the Middle East and North Africa, affecting around eight employees. The exchange...

The complete list of creditors owed money by the now-bankrupt cryptocurrency exchange FTX, founded by Sam Bankman-Fried, has been released. What Happened:  FTX on Wednesday filed a massive 115-page creditor matrix to the U.S. Bankruptcy Court for the District of Delaware. The list...

Threshold (CRYPTO: T) is up over 94%, hours after Coinbase (NASDAQ: COIN) said it is adding it to its listing roadmap. What Happened: Threshold is a small-cap altcoin project built on Ethereum (CRYPTO: ETH). Coinbase announced its roadmap for the listing of T coin, a signal that Threshold...

Cryptocurrency Shiba Inu (CRYPTO: SHIB) has built a loyal following of fans and investors since launching in August 2020. Here’s a look at how much money people who got in at the start have made. What Happened: Shiba Inu launched in August 2020 as a similarly themed cryptocurrency to Dogecoin...

Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) on Tuesday announced that it will lay off around 950 employees, or about 20% of its workforce, due to the downward trend in the crypto market and the broader macroeconomy. The layoffs will take effect immediately. In a...

Nansen reported this week that cryptocurrency exchange Houbi (CRYPTO: HT) had seen a “significant increase in net outflows” of $94.2 million in the past week and $60.9 million within 24 hours. Houbi’s stablecoin reserves decreased by 9.5% in just one week, down to $...

Two dormant Ethereum (CRYPTO: ETH) wallets transferred 22,983 ETH, valued at over $27 million. What Happened: On-chain data reveals that whales have not been active for five years but woke up on Sunday. At the time of writing, it remains unclear as to what the transfers were related to or who...

A recent ruling by a U.S. appeals court said that Coinbase Global Inc (NASDAQ: COIN) cannot force former customers to use private arbitration to settle disputes related to a Dogecoin sweepstakes. Former Coinbase users filed the lawsuit against the firm, alleging that they were...

Cryptocurrency exchange Coinbase (NASDAQ: COIN) has ceased non-fungible token (NFT) transfers on its iOS wallet app, blaming Apple (NASDAQ: AAPL) due to its strict new restrictions regarding NFTs. Using Apple software to pay its gas fees would subject such revenues to Apple's 30% app tax,...

A London High Court has ordered six cryptocurrency exchanges, including Binance, Coinbase Global Inc (NASDAQ: COIN), Luno, and Kraken to disclose users' data as part of a hacking investigation to trace $10.7 million stolen from an undisclosed UK-based exchange in 2020. Two of the six exchanges...