
July 9th, 2025
Expectations are that the new rule must have been completed by midyear and adopted by that same time.
JPMorgan believes as many as 95% of Coinbase Global’s retail customers will opt in for the staking service after the Shanghai update.
The layoff will affect every aspect of its business operation and teams from corporate services, recruitment, and engineering are affected.
Coinbase says that its customers in Japan have a 1-month deadline to withdraw all holdings, as operations would cease after that.
The digital currency ecosystem is a very volatile one, and what seems to constitute the basis for the current growth trend today may not necessarily be fueling the market momentum tomorrow.
The technology sector in general is struggling now, and Microsoft has been waiting for quite a long before cutting its workforce. Other companies started to lay off their staff much earlier.
The Bitcoin market is heavily bolstered by global adoption including several institutional ETFs and the fact that it is used as legal tender in El Salvador and the Central African Republic.
Popular exchange Coinbase recently announced an 18% staff layoff to strengthen its financial position in the face of a crypto crunch.
Ondo Finance will help customers invest in deep liquidity low-risk traditional assets through blockchain technology.
The price of Bitcoin climbed higher on Monday raising hopes for a rally in 2023, and taking several crypto stocks along with it.
Jefferies wrote that Coinbase would be “acutely pressured in the near term” as retail customers withdraw from crypto after the FTX crumble.
SuperRare is not the only company in the industry reducing its staff. In 2022, a number of industry players cut their workforce due to crypto winter conditions. As of January 5, 2023, as many as 26,964 crypto jobs have been lost.
Major exchange Coinbase saw its stock rise markedly after it announced a settlement with a state financial services regulator.
Many investors on Wall Street are increasingly becoming bullish about the crypto ecosystem and the technology powering the different digital assets.
Crypto exchange Coinbase plunged to a $32.65 all-time low as the S&P 500 and the Nasdaq Composite also slipped up.