Coinbase faces lawsuit over frozen funds from $55M crypto theft

Cryptocurrency exchange Coinbase was sued in California federal court over frozen crypto allegedly tied to a $55 million DAI ...
The Next Web

Coinbase is cutting 14 per cent of its workforce. The reason it gave was not the crypto downturn. It was AI.

Coinbase is laying off 660 employees and restructuring into AI-native pods with a five-layer management cap. Q1 revenue is expected to fall 26% as crypto volumes drop 48%.
CoinDesk

Spot Bitcoin ETFs solved access, but custody, advisors and plumbing still lag, panelists say

Senior figures from CoinShares, Calamos, ProShares and Flow Traders flagged Coinbase-heavy custody concentration, modest ...
TheStreet.com

Coinbase CEO responds to Wall Street concerns over earnings miss

Coinbase (NASDAQ: COIN) CEO Brian Armstrong has finally responded to skeptics after its quarterly earnings report. The largest U.S. cryptocurrency trading platform reported a surprise loss for the ...
Reuters

Irish regulator fines Coinbase Europe 21.5 million euros over monitoring failures

2,700 suspicious transactions identified due to fault, central bank says Over 30 million transactions not properly monitored, it says Coinbase says errors quickly fixed, systems enhanced DUBLIN, Nov 6 ...
Seeking Alpha

Coinbase Global shares fell for seven consecutive sessions; at high risk of bad performance

Coinbase Global (COIN) shares clocked seven straight sessions of losses on Wednesday, as the stock was 0.7% lower at $209.47. The largest U.S. crypto platform lost over 7% in the preceding six ...