
July 8th, 2025
Binance co-founder Yi He also confidently spoke on the company’s ongoing hiring spree. He noted that the company has over 2,000 open positions for engineers, product managers, and business developers.
JPMorgan estimates a substantial decline in Coinbase trading volumes and cut its rating on the exchange’s stock to neutral from overweight.
Recently, Goldman Sachs has teamed up with Coinbase to come out with the first crypto-backed loan.
As the market crisis continues, exchanges seem to be singing the same song – “Cut jobs or fail”.
In his response to the allegations, Brian Armstrong cited the inefficacy of such an online petition to bring the desired company change.
Coinbase will no longer acquire Zipmex, but will instead be part of a larger Series B+ investor pool to the Asia-Pacific exchange.
Monopolon is a power pack gaming technology.
The move comes only one week after Coinbase communicated its intentions to rescind a few accepted job offers in light of the prevailing difficulty in the crypto market and the challenges the industry faces.
Canonical kept its fund size small following the officials’ decision to concentrate on pre-seed and seed investments.
The Coinbase chief legal officer said that customers’ funds are safe with the company and will always be.
The announcement comes just two weeks after Coinbase launched an initiative to cut down on spending in an effort to grow revenue. As its Q1 2022 results have shown, the exchange incurred a net loss of $430 million in its first-quarter earnings as well as saw its stock plunging.
Amid its aggressive expansion plans and rapid growth, crypto exchange FTX grabs a 10.8% market share for crypto.
The said figure represents a 13% increase from the $1.4 billion the league recorded in the 2020-21 season.
As the crypto market slumps further, Coinbase shares are down to almost their all-time lows of about $65.
The Protego Trust Bank has financial backing from some of the leading crypto market players like Coinbase, FTX, Digital Currency Group, and others.