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The Latest Breaking News from Coinbase

Explainer: cryptocurrency and cryptocurrency exchanges

Almost all cryptocurrencies have declined significantly this year but this doesn’t seem to be putting people off, writes Alex Sims

Newsroom.co.nz

These Louisiana Inmates Served Their Sentences, but the State Wouldn't Let Them Go

Plus: A potential fusion energy breakthrough, the possible return of the child tax credit, and more...

Reason

Laird could sell off Scottish nudist beach after losing £130k in crypto 'scam'

A LAIRD who lost £130,000 in a cryptocurrency investment has warned he may have to sell off parts of his estate.

The National (Scotland)

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Scots laird who owns nudist beach to sell off parts of estate after £130k loss in crypto scam

Michael Dudgeon, who owns Scotland's most northerly nudist beach, claims he lost tens of thousands in a crypto scam.

Daily Record

Governments Scramble To Manage, Regulate, and Throttle Crypto

Most dangerously of all, they're starting to make their own central bank digital currencies.

Reason

Coinbase tells customers to switch to stablecoin it cofounded—without fees

The company implied that the fallout of FTX put “some stablecoins to the test.”

Fortune

The incredible shrinking Coinbase: Is a takeover inevitable?

The company's rapidly shrinking revenues and market cap could put it in the sights of a big bank or private equity firm.

Fortune

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Overshadowed by failures, crypto hacking exacts higher price

The cryptocurrency industry is circling the wagons in defense as hackers siphon more money from the sector each year.

Tribune News Service

Overshadowed by failures, crypto hacking exacts higher price - Roll Call

The cryptocurrency business is losing more money to hackers, losses that have been overshadowed by the high-profile failures in the sector.

Roll Call

Coinbase CEO Brian Armstrong says SBF's messy accounting excuse for FTX collapse doesn't explain $8 billion loss: 'Even the most gullible person should not believe Sam's claim that this was an accounting error'

“I don't care how messy your accounting is (or how rich you are)—you're definitely going to notice if you find an extra $8B to spend."

Fortune

Coinbase CEO Brian Armstrong says it’s ‘baffling’ FTX’s Sam Bankman-Fried isn’t ‘in custody already’

“There’s a very open and shut case for fraud,” said Armstrong, adding it’s “bizarrre” the media isn’t calling Bankman-Fried a “criminal.”

Fortune

Why crypto poses a threat to Apple's payments empire

Apple has every incentive to smother crypto in its crib.

Fortune

Coinbase says Apple is demanding 30% cut of NFT gas fees before wallet update

Apple’s decision could make it difficult for iPhone users to send NFTs between wallets, according to Coinbase.

Fortune

If you own Bitcoin Cash, XRP, or Etherium Classic on Coinbase, here’s what to do now

Should you cash out? Are your coins still worth anything? Here are your options.

Fortune

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Fortune

Kraken to lay off 30% of employees

The crypto exchange joins Coinbase, Crypto.com, and Gemini in announcing layoffs this year.

Fortune

Coinbase says goodbye to XRP, Bitcoin Cash, and Ethereum Classic

Fortune

Andreessen Horowitz, FTX, and the future of crypto

Unlike fellow Silicon Valley giant Sequoia, a16z did not get tarnished by FTX's collapse.

Fortune

Andreessen Horowitz conquered venture capital without breaking a sweat. Gobbling up the rest of the world won’t be so easy

A16z is betting its startup growth recipe can launch its own business far beyond Silicon Valley. Can its ambitions defy a tanking tech market?

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news in one place.

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ABC News

Satyajit Das believes crypto boom and bust is just part of 'every bubble being pricked' in wider market sell-off

One of the few financiers who sounded a warning bell before the global financial crisis believes today's cryptocurrency "meltdown" was predictable, and that "nobody is taking much notice" of a broader financial market problem.

Fortune

“This is fraud:” Coinbase CFO says of FTX as more crypto fintechs get caught in contagion

Alesia Haas is trying to assure consumers that FTX was merely a bad actor and is not representative of the whole industry.

Benzinga

Bulls And Bears Of The Week: Why Coinbase And FTX Are So Different, Diving Into Zuckerberg's Metaverse And More

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Fortune

FTX collapse leads to questions about whether crypto exchanges are safe.

With the overnight collapse of FTX, which was viewed as the future of the crypto industry, is it safe to leave your money in crypto exchanges?

Fortune

Sam Bankman-Fried quietly deletes his claim that FTX customer funds are safe

The future of client assets locked on crypto exchange FTX remains uncertain, with a Binance deal that can bail out the company depending on a closer look at the books.

Benzinga

Crypto Stocks In For Another Tough Day Amid FTX Crisis — Coinbase Plunges 5% Premarket

The collapse of Sam Bankman-Fried’s FTX cryptocurrency exchange and its subsequent bailout by Binance brought to the fore the vulnerability of digital currencies and related instit

Zenger

Coinbase Customers ‘HODLing’ While Company Cuts Costs: What 5 Analysts Are Saying After Q3 Earnings

Analysts are reacting to the third-quarter earnings report from Coinbase Global (NASDAQ: COIN)

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