Coinbase, one of the world’s largest cryptocurrency exchanges, announced its Q2 earnings report on Wednesday. Much to the surprise of investors, Coinbase reported a record $1.8 billion in revenue for the quarter, $800 million more than analyst estimates of $1 billion. The report indicates that Coinbase was able to generate more selling volume than expected.… Continue reading Coinbase Q2 earnings exceed estimates, signaling potential market recovery
Category: coinbase
SEC puts Coinbase on notice and other TC news
Since officially launching in 2012, Coinbase has become one of the world’s most respected and trusted cryptocurrency exchanges. But, the venerable exchange may be in for some trouble after the U.S. Securities and Exchange Commission (SEC) put them on notice regarding potential action. In the first quarter of 2021, Coinbase’s stock price skyrocketed after the… Continue reading SEC puts Coinbase on notice and other TC news
Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’
Coinbase has been on the rise in recent weeks, with its stock price nearly doubling in the days leading up to its direct listing on April 14th. However, the cryptocurrency exchange’s stock price plummeted recently after it disclosed that it had received a Wells notice from the U.S. Securities and Exchange Commission (SEC). A Wells… Continue reading Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’
Coinbase Heads to the Supreme Court in First Crypto Case
Coinbase, the largest cryptocurrency exchange in the United States, is heading to the Supreme Court in what is believed to be the first Bitcoin-related case to make it to the highest court in the nation. The case, CFTC v. Coinbase Inc., revolves around allegations that Coinbase allowed users to trade Bitcoin derivatives without registration or… Continue reading Coinbase Heads to the Supreme Court in First Crypto Case
Digging into Coinbase’s better-than-expected Q4 results
// Introduction Coinbase, one of the largest and most popular digital currency exchanges, reported better-than-expected results in the fourth quarter of 2019. The company’s total revenue more than doubled to $1.3 billion, and its net income surged to $322 million. Furthermore, Coinbase’s user base grew to 43 million, significantly higher than the 33 million users… Continue reading Digging into Coinbase’s better-than-expected Q4 results
Coinbase says some employees’ information stolen by hackers
Coinbase, one of the largest digital currency exchanges in the United States, is warning its users that some employee information may be compromised due to a recent hack. The company disclosed this week that it became aware of a potential security breach around May 7th, when it noticed unauthorized activity on some employee’s accounts. On-call… Continue reading Coinbase says some employees’ information stolen by hackers
Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect
Cryptocurrency has become a vital part of the financial industry, and more and more startups are emerging to capitalize on its technology. One of the latest entrants is a little-known startup called Architect, which has attracted a major financial backer in the likes of Coinbase, the leading cryptocurrency trading firm. Former FTX US president Trond… Continue reading Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect