Mastercard to allow 2.9B cardholders to make direct NFT purchases
Card payments for NFTs were first announced in association with Coinbase’s latest NFT marketplace in January.
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Crypto Needs 5-10x Growth to Become an Inflation Hedge: Coinbase CEO
In the latest interview, Coinbase CEO Brian Armstrong shared his view on the broader market amid a months-long dump and the trajectory ahead of the company. He also commented on…
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown.…
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On…
FTX Launches in Japan as Others Tighten The Reins
The world’s second-largest crypto exchange by trade volume, FTX, is in expansion mode, while many others feel the pinch as the crypto winter deepens. On June 2, FTX announced that…
Coinbase CLO Responds to Bankruptcy Concerns Surrounding Latest Earnings Report
Paul Grewal – Chief Legal Officer at Coinbase – has cleared the air on the company’s latest 10q which included worrying language pertaining to the management of customers’ funds in…
Major crypto firms reportedly cut up to 10% of staff amid bear market
Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018.
Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don’t pay the bills’
Kraken’s Jesse Powell came under fire for listing the second-generation LUNA; separately, he railed against TradeFi’s crypto exchange claims.
Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests
Institutions that reportedly purchased 10,939 BTC from Coinbase in December 2020 are not selling yet.
Top Coinbase Officials Jointly Sold Over $1 Billion Worth of COIN Stock
A Coinbase spokesperson asserted that the four top leaders maintain large positions in the exchange, demonstrating “their commitment to the long-term opportunities.” Co-founders Brian Armstrong and Fred Ehrsam, President and…
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