Coinbase to close majority of Japan operations following global layoffs: Report
Vice President of International and Business Development Nana Murugesan said that the firm decided to “wind down” the majority of its operations in Japan.
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Coinbase to cut another 20% of its workforce in the second wave of layoffs
Crypto exchange Coinbase announced a further restructuring plan that involves reducing its workforce by 950 employees to cut operational costs amid the bear market.
Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market.
Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently initiated a fresh round of firings.
Cathie Wood’s ARK enters 2023 with $5.7M Coinbase stock purchase
Cathie Wood’s ARK Invest doesn’t give up on its buy-the-dip purchases, purchasing another $5.7 million worth of Coinbase shares.
Coinbase Settles for $100M With Regulators Over Compliance System
Coinbase found itself overwhelmed by frantic platform adoption in 2020 and 2021, the NYDFS claimed in its filing today. This resulted in the exchange failing to maintain a robust compliance...
Coinbase reaches $100M settlement with NY regulators
Regulators stated that the company had a backlog of 100,000 alerts about potential suspicious customer transactions.
Crypto exchange adoption boosts ENS registrations over 2.2M
The Ethereum Name Service rounded off 2022 with over 2.2 million ENS domains registered, helped in part by integrations with exchanges and industry participants.
Lido overtakes MakerDAO and now has the highest TVL in DeFi
A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake.
Coinbase Customers Refuse to Share Account Info in Lawsuit
Coinbase customers, who had previously sued the crypto exchange over unauthorized crypto transfers, have continued to hold back their account information in a bid to block efforts to move their…
What is USD Coin (USDC), fiat-backed stablecoin explained
USDC is a U.S. dollar-backed stablecoin issued by Circle and Coinbase to combat the price swings of the highly volatile cryptocurrency market.
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