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Coinbase

South Korean Pension Fund Giant Invests $20 Million in Coinbase Shares in Q3 2023

by Isaac Wright
South Korean Pension Fund Giant Invests  Million in Coinbase Shares in Q3 2023

South Korea’s National Pension Service (NPS), which is one of the largest pension funds in the world, bought approximately $20 million worth of Coinbase stock (COIN), an investment that has …

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Coinbase warns against hasty analysis of Bitcoin ETF flows

by Isaac Wright
Coinbase warns against hasty analysis of Bitcoin ETF flows

An analyst at Coinbase says there are at least three reasons why tracking cash flow into spot Bitcoin ETFs at launch will give no valuable insights for the long term. …

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Mysterious Wallet Transfers 17.8 Million MATIC To Coinbase

by Isaac Wright
Mysterious Wallet Transfers 17.8 Million MATIC To Coinbase

A mysterious wallet surfaced from the shadows and masterminded a significant transfer of 17,895,970 MATIC—which translates to a staggering $14.7 million—directly into Coinbase, in a crypto twist that sent shockwaves …

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Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?

by Maya Ortiz
Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?

Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn’t been dominated by the latest gadget or innovation. Instead, layoffs …

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BSV Slides Below $50 as Coinbase Ends of Support for Bitcoin SV

by Isaac Wright
BSV Slides Below  as Coinbase Ends of Support for Bitcoin SV

Coinbase, America’s largest cryptocurrency exchange, announced its plans to end support for Bitcoin SV (BSV) on its platform. This decision comes more than two years after the exchange initially delisted …

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Coinbase cuts net loss amid declining trading volume in Q3 2023

by Isaac Wright
Coinbase cuts net loss amid declining trading volume in Q3 2023

Coinbase, a cryptocurrency exchange, reported a net loss of $2 million in Q3 2023 despite rising revenue and a drop in trading volume, according to details of the recent shareholders letter circulated …

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Coinbase Layer 2’s Major Catalyst in Ruins?

by Isaac Wright
Coinbase Layer 2’s Major Catalyst in Ruins?

Friend.tech has been a major catalyst behind Coinbase’s layer 2 network – Base’s – initial explosion. The decentralized social network, however, experienced a significant decline since September with several metrics …

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Analyst points to Coinbase’s future after disappointing quarter

by Isaac Wright
Analyst points to Coinbase’s future after disappointing quarter

Coinbase’s stock fell over 4% in after-hours trading following the release of the company’s third quarter earnings on Thursday, which showed declining revenue and profits compared to the previous quarter. …

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Coinbase Surpasses Q3 Revenue Expectations, Reports $674 Million in Earnings

by Isaac Wright
Coinbase Surpasses Q3 Revenue Expectations, Reports 4 Million in Earnings

Coinbase exceeded its revenue projections by reporting $674 million in Q3, surpassing analysts’ earlier estimates. The figure surged by 14.2% year-on-year but was down by 4.8% quarter-on-quarter. During the same …

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Coinbase’s Layer 2 Base Sees Impressive Uptick in Token Holders But There’s More to the Story

by Isaac Wright
Coinbase’s Layer 2 Base Sees Impressive Uptick in Token Holders But There’s More to the Story

Coinbase launched Base as an Ethereum layer-2 network earlier this year, marking a milestone as the first publicly traded company to launch such a network. Since making the network available …

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