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The Latest Breaking News from Coinbase

A Coinbase exec tried to tell a crowd of bankers that crypto is ‘the money of tomorrow’—and was immediately shot down by an ECB director onstage

Using the example of Bitcoin, he told audiences digital currency meets all of his benchmarks.

Fortune

Crypto bank Silvergate announces liquidation amid sector turmoil

Wind-down and liquidation plan follows mass withdrawal of deposits after collapse of FTX exchange

The Guardian - UK

Top crypto bank collapses as Silvergate announces plans to wind down operations

The volatile sector's banking options are dwindling.

Fortune

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Missing $96,000 is your problem, Coinbase allegedly told an account holder

The crypto exchange's response to the alleged theft “disclaimed any responsibility for the hacking of its customers’ accounts".

Fortune

Up 83% This Year, Is Coinbase Stock a Buy?

With an 82.7% surge in stock price since the beginning of the year, we look into Coinbase Global’s (COIN) fundamentals to determine if the stock is worth the hype. Read on….

StockNews.com

Near 50% fall in Silvergate’s shares over FTX exposure prompts survival doubts

Stock price of crypto-focused US bank plummeted in Thursday trading and it is assessing its ability to keep going

The Guardian - UK

Coinbase ends relationship with crypto bank Silvergate

After delaying its annual report, Silvergate’s share price opened more than 40% lower on Thursday.

Fortune

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Robinhood and Coinbase shares end February on down note

Robinhood and Coinbase ended the month down 6.6% and 1.3%, respectively.

Fortune

Don’t look now but Coinbase is cool again

After a long stretch of poor earnings and strategic blunders, Coinbase may be getting its mojo back.

Fortune

Crypto Twitter went wild speculating about Coinbase’s blue dot. Here’s what it meant

The announcement from the world’s second-largest cryptocurrency exchange is another attempt to diversify its products amid a bear market.

Fortune

Binance aggressively converted rivals' stablecoins in a massive cash grab. It didn't always tell its customers

Blockchain data suggests Binance may have been converting users' collateral without permission.

Fortune

Coinbase, the biggest US cryptocurrency exchange, posts $557 million loss in Q4

NEW YORK: Coinbase Global Inc, the biggest US cryptocurrency exchange, posted a $557 million loss and saw revenue tumble 75% in the fourth quarter as trading volumes plunged amid a series of prominent industry bankruptcies and scandals.

The Times of India

Coinbase beats revenue estimates but still posts $2.6 billion loss for 2022 amid Crypto Winter

Revenue from stablecoin USDC continues to be a bright spot for the exchange.

Fortune

What are non-fungible tokens (NFTs) and why is Matt Hancock launching his own?

Award-winning artist Trevor Jones is giving away a free coronation NFT to Evening Standard readers. Here’s all you need to know.

Evening Standard

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Los Angeles Times

Before investing in crypto, check out California's new scam tracker

After losing about two-thirds of their value in 2022, cryptocurrencies have regained a little of their market mojo since then — they're now worth about half what they were last April, according to TradingView. So you may be tempted to respond to one of the countless crypto sales pitches that…

Fortune

Lido offers 5% crypto returns. Is it worth it?

Lido and other staking services have little in common with Celsius and other failed lenders.

Fortune

The 5 best cryptocurrency apps and exchanges for February 2023

We compared various crypto apps and exchanges and weighed account minimums, cryptocurrency offerings, fees, mobile app ratings, and more.

Fortune

Gary Gensler says his door is open. Crypto companies say that’s not true

Is registering with the SEC as simple as filling out a form on a website?

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The Times of India

US crackdown seeks to push crypto back to the fringes of finance

Crypto’s free pass is getting yanked as the most powerful US financial regulators rapidly close key doors to the country’s banking system.

Fortune

What the crypto crackdown means for VCs

Regulatory roadblocks may be hard to pinpoint and hard to avoid.

Los Angeles Times

Dude, where's my bitcoin? Crypto sits out the Super Bowl after a miserable year

Well, that was fast.

Fortune

Ethereum weighs down the crypto market as investors fear more SEC enforcement following Kraken’s $30 million settlement

Ethereum led Bitcoin in losses with a 6% drop over the past 24 hours.

ABC News

Cryptocurrency exchange Kraken to shut down staking service for US users, pay $43 million in fines

The settlement marks the regulator's first crackdown on staking, a common service offered at both centralised and decentralised crypto exchanges, including most of the major exchanges such as Coinbase and Binance.

The Independent UK

Super Bowl 2023: The 10 most controversial Super Bowl ads ever

From robot suicide to cryptocurrency, the Super Bowl has been known to air controversial ads during the big game

Fortune

Gary Gensler hits Kraken with $30 million settlement, prompting outcry of 'regulation by enforcement'

The decision is a win for Gary Gensler’s SEC and sheds doubt on the future of staking.

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