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’10x Surge’ — Coinbase Traffic Overwhelmed Initial Demand Projections Amid Bitcoin’s Rise to $64K

The crypto enterprise Coinbase, rooted in San Francisco, experienced an influx of online visits that surpassed the tenfold increase anticipated by their projections. Brian Armstrong, the CEO of Coinbase, shared…

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Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’

According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the…

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Coinbase Reduces the Size of the Firm’s Workforce by 18%

Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow…

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Coinbase CEO has ‘never been more bullish’ even after $430M Q1 loss

“There are so many customers beating a path to our door that we have to have all hands on deck just to keep everything running,” Coinbase CEO Brian Armstrong explained…

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Medici LA 22: Report Investigates a Secret, Invitation-Only Crypto Event Held in Beverly Hills

According to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA 22” event. The exclusive cryptocurrency gathering took place under the…

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Canadian Regulator Alerts Police to Tweets by Coinbase and Kraken Advocating Non-Custodial Wallets

Canada’s securities regulator has flagged tweets by Coinbase CEO Brian Armstrong and Kraken CEO Jesse Powell encouraging people to use non-custodial wallets to evade freeze orders by the Trudeau government.…

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