Coinbase and ENS Partner To Provide cb.id Usernames for Free
Coinbase and ENS, short for Ethereum Name Service, have entered into a partnership to provide Web3 usernames to its users for free. These usernames are managed by Coinbase. They can be claimed through the desktop or mobile applications by new and existing users.
Highest Number of Crypto Layoffs Seen in 2022, Coinbase Ranks Top
Approximately 23,600 employees lost jobs in the crypto sector as of Dec. 9, 2022. This figure represents the industry’s highest number of layoffs ever recorded within a year.
Coinbase Shares Drop 10% As Cowen Downgrades Stock and Slashes Price Target
Coinbase shares fell shortly after the open as Cowen analysts downgraded the stock and cut their price target, citing dwindling retail volumes, lower revenue expectations and a harsh regulatory environment.
Cowen Downgrades Coinbase Stock Citing Trading Volume Declines
Cryptocurrency exchange Coinbase (COIN) stock has been downgraded by analysts of Cowen (COWN), citing the lack of clarity on trading volume recovery after the FTX collapse.
$1 Billion Inflows Coinbase (COIN) Market Cap As It Settles With NY Regulators
The stock of cryptocurrency exchange Coinbase (NASDAQ: COIN) rallied 12% on Wednesday, January 4, with the equity attracting increased buying pressure.
Cowen Downgrades Coinbase Stock Citing Trading Volume Declines
Cryptocurrency exchange Coinbase (COIN) stock has been downgraded by analysts of Cowen (COWN), citing the lack of clarity on trading volume recovery after the FTX collapse.
Marex Solutions Issues Coinbase-Linked Structured Product Offering a 40% Coupon
Marex Solutions, a derivatives-focused division of the London-based financial services provider Marex, unveiled a Coinbase (COIN) linked structured product that offers enhanced coupons in return for only partially protecting capital risk on the cryptocurrency exchange's shares.
Coinbase Reaches $100 Million Settlement with New York Regulators over Compliance Issues
The US-based cryptocurrency exchange will pay a $50 million fine for inadequate background checks and improve its compliance measures at a cost of $50 million.
Coinbase & NYDFS To Settle Compliance Investigation
The New York Department of Financial Services (NYDFS) has officially announced a consent order in which it will engage its efforts in unraveling factors supposedly overlooked in the case of the compliance program Coinbase. The factor included in this consent order is the levy of a penalty amounting to $50 million on Coinbase.
Coinbase Stocks Rise 12% Following $100M Settlement With US Regulators
Cryptocurrency exchange Coinbase reached an agreement to pay a $50 million penalty to New York state’s Department of Financial Services to settle accusations that it enabled customers to open accounts without conducting necessary background checks. The regulator stated that Coinbase violated the New York Banking Law and the New York State Department of Financial Services (DFS) virtual currency, money transmitter, transaction monitoring, and cybersecurity regulations.
