Coinbase (COINBASE) News

Nasdaq-listed Coinbase has allowed US residents to buy cryptos using PayPal. Users can use debit cards and bank accounts linked to PayPal. The new functionality does not support credit cards and electronic checks, the company noted. “If you have a PayPal account, you can start trading on Coinbase...

Crypto exchange Coinbase announced the launch of the 10 Percent project, which implies the allocation of 10% of free resources to support the modernization program. The initiative aims to create a “culture of reproducible innovation” and unleash the creativity of the workforce. The project...

On Friday, April 23, Deutsche Boerse will delist Coinbase shares from the Xetra platform and the Frankfurt Stock Exchange. The reason was an error in the specified LEI-code - an individual 20-digit identifier for financial market participants. To resolve the issue, Coinbase needs to apply for a new...

Coinbase CEO Brian Armstrong sold 749,999 shares in three lots on the first day of trading on the Nasdaq. As a reminder, Coinbase entered the stock market on April 14. According to the Securities and Exchange Commission (SEC), on the first day of trading, insiders, together with investors, sold...

Reuters announced that today New York-based ARK funds acquired 341,186 Coinbase shares worth above $110 M. On April 14, when Coinbase stock (COIN.O) went public on Nasdaq, the firm sold some of its Tesla shares and obtained 749,205 shares of $246 M worth of Coinbase. After the second deal, the...

Today, April 14 Coinbase CEO and co-founder Brian Armstrong gave an interview to CNBC, during which he talked about investing in Coinbase, the purpose of the platform, its goals for the future and if crypto may be used as a financial weapon. Company the valuation of which is now equal to that of...

Crypto trading platform Binance revealed the addition of the Coinbase stock token today. It will take place after Coinbase goes public on Nasdaq. This means Binance visitors will be offered to acquire Coinbase stock in portions. The platform outset listing non-commission, exchangeable stock...

In 2013, Coinbase closed a $ 25M Series B funding round. Participants included QueensBridge Venture Partners, a venture capital firm co-founded by American rapper Nas. The company did not sell its stake, which means it is one of the beneficiaries of the upcoming direct listing on Nasdaq. At the...

Brian Armstrong, the chief executive officer of the cryptocurrency trading platform Coinbase disclosed his plans of launching an electro musical collection in the form of NFTs. He produced them with David Khanjian otherwise called DJ Davi. The entrepreneur revealed the news via a tweet on April 7. ...

American major cryptocurrency exchange platform Coinbase reported results of the first quarter of 2021. It was the best quarter of the company as the revenue crossed $1.8 billion. The report was filed with the US Securities and Exchange Commission (SEC) on April 6. Compared to the first-quarter...

Bitcoin exchange Coinbase has hired a former managing executive and head of Morgan Stanley's compliance department Ian Rooney. Rooney will lead the corporate compliance team. He will help the company prepare for a direct listing of shares. Previously, Coinbase invited Brett Redfearn, ex-director of...

Leading cryptocurrency trading platform Coinbase has employed a previous executive of the SEC's Trading and markets section Brett W. Redfearn before going public with direct placement on Nasdaq. Brett Redfearn's position at Coinbase is Capital Markets' head. He is an experienced specialist serving...

Bitcoin exchange Coinbase plans to open an office in the Indian city of Hyderabad, despite a possible cryptocurrency ban in the country. Coinbase has more than 10 job openings in India, according to Linkedin. According to a blog post, the company is looking for employees for software development,...

The price of the Cardano crypto (ADA) is up 21% after Coinbase announced its upcoming digital asset listing. Coinbase has started accepting incoming transfers in ADA tokens. Subject to meeting liquidity requirements, the exchange will open trading on March 18. The asset will only be available on...

Brian Armstrong, CEO of cryptocurrency exchange Coinbase, turned out to be the richest entrepreneur in the blockchain industry in 2020. His fortune is estimated at $ 11.5 billion, Hurun said in a report. This team has compiled a rating of the most successful businessmen. It also included 17...

The application for registration of the offer of shares of the crypto exchange Coinbase, which was filed with the United States Securities and Exchange Commission (SEC), is now available to the public. The confidential draft document was submitted to the SEC back in mid-December 2020. The...

Crypto exchanges Coinbase and Binance entered the 1000 most visited sites in the world, according to data from analytical services SimilarWeb and Alexa. According to SimilarWeb, Coinbase is currently ranked 874, and Binance is 839 in the world. According to Alexa, Coinbase is ranked 830 in the...

The aggravation of volatility in the crypto market led to technical failures in the work of some American exchanges. Initially, users reported issues with the Kraken platform. The technical failure was observed intermittently for 17 hours. After that, the administration reported on the resumption...