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‘Pretty Upset’: Coinbase Staff Protest as Company Cuts ‘at Least 15’ Jobs, Say Sources

Coinbase has confirmed it has made lay-offs among several departments but did not comment on the rumored numbers involved. U.S. cryptocurrency exchange and wallet provider Coinbase has cut “at least” fifteen staff after hiring 250 this year, Yahoo Finance quotes unidentified sources as saying Friday, Oct. 26. In a curious U-turn following a year of […]

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Coinbase and Circle Launch USDC Stablecoin With Purported Full Backing in US Dollars

Crypto exchange Coinbase has launched the USDC stablecoin, which is fully collateralized by U.S. dollars and available for trading. Major U.S. cryptocurrency exchange Coinbase has launched the USD Coin stablecoin (USDC), making it the first stablecoin for trade on the platform, Cointelegraph learned at the Money 20/20 conference Oct. 23. The underlying technology behind USDC […]

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Gov’t-Owned Holding Company Subsidiary Invests in Binance’s Singapore Expansion

Binance has received an investment from Temasek subsidiary Vertex Ventures to support the exchange’s expansion into the Southeast Asian market. Vertex Ventures has announced an investment in the largest cryptocurrency exchange Binance to facilitate its expansion into Singapore, according to a press release shared with Cointelegraph Oct. 23. Vertex Ventures is a subsidiary of Singapore-based […]

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NYSE Parent Company Reveals Launch Date for Bitcoin Futures on Bakkt Platform

Shortly after the announcement that its first crypto product will be physical Bitcoin futures, NYSE parent company ICE has revealed the launch date. The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has announced the launch date for Bitcoin (BTC) futures on its platform Bakkt, according to a document released Oct. […]

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Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits

Fiat deposits are available on Bitfinex, but rumors about its insolvency haven’t been fully dispelled. On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are […]

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Coinbase Opens Office in Ireland as Part of Brexit Contingency Plan

Cryptocurrency exchange Coinbase has opened an office in Dublin in the face of Brexit. San Francisco-based cryptocurrency exchange Coinbase has opened a new office in Dublin, Ireland, according to an announcement published Oct. 15. In addition to helping expand its operations in Europe, the new Irish offices are reportedly part of a contingency plan for […]

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Coinbase Launches First ERC-20 Token on Platform

Crypto exchange Coinbase has launched the 0x token on Coinbase Pro, it will be the first ERC-20 token supported on the platform. Leading U.S. cryptocurrency exchange Coinbase has started listing 0x (ZRX) token, according to an announcement published Oct. 11. The move marks the first time Coinbase has added support for an ERC-20 token. ERC-20 […]

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Crypto Exchange YoBit Starts Pump Scheme on Random Coins

Russian crypto exchange YoBit tweeted that it will pump the price of 10 random coins. Cryptocurrency exchange YoBit is going to perform a pump scheme on random coins, according to an Oct. 10 tweet. A pump and dump scheme is a form of fraud that attempts to artificially boost the price of an asset through […]

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Report: Oldest UK Crypto Exchange Coinfloor Laying Off Staff

U.K .digital currency exchange Coinfloor is reportedly laying off the greater part of its staff amid a “business restructure.” British cryptocurrency exchange Coinfloor is laying off the majority of its staff, news outlet Financial News reported Oct. 8.     Coinfloor is a London-based digital currency trading platform founded in 2013. Coinfloor is reportedly the oldest […]

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Research: Coinbase U.S. Dollar Volume Hits One-Year Low in Third Quarter of 2018

A recent analysis from Diar shows that U.S. dollar volumes on Coinbase in the third quarter of 2018 were the lowest in over the year. In the third quarter of 2018, San Francisco-based cryptocurrency exchange Coinbase’s U.S. dollar volumes hit a 1-year low, according to a recent analysis of Diar published October 8. According to […]