Coinbase
Coinbase, MicroStrategy Lead Crypto Stocks Lower in Market Rout
Double-digit percentage losses were the norm across the cryptocurrency sector as the Nasdaq tumbled another 4% and bitcoin plunged to just above $30,000.
Coinbase Faces Q1 Earnings Challenge as Crypto Markets Weaken
Cryptocurrency exchange Coinbase Global (COIN) will report first quarter earnings on Tuesday, possibly seeing some soft spots as crypto prices continue to retreat. “The Hash” panel discusses Coinbase’s recent NFT marketplace debut and the correlation between publicly traded Web 3 companies and the cryptocurrency markets.
Coinbase Faces Q1 Earnings Challenge as Crypto Markets Weaken
Coinbase’s first-quarter results could see some soft spots as crypto prices continue to retreat.
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
According to the Commodity Futures Trading Commission (CFTC), the three co-founders of BitMEX have been ordered to pay $30 million for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules. “The Hash” group discusses BitMEX’s role in the early stages of the crypto space and how newer exchanges like Coinbase and Binance have dealt with regulatory tensions.
Coinbase NFT Marketplace Opens to Public, but Who’s There?
Cryptocurrency exchange Coinbase launched this non-fungible token (NFT) marketplace, but only a few users seem to be active on the platform. “The Hash” group discusses the timing of this launch, broader trends on decreasing volumes across NFT marketplaces, and the dominance of OpenSea and Magic Eden in the NFT space.
Coinbase Opens NFT Marketplace to All
The crypto exchange has opened the floodgates to its Ethereum-based marketplace after testing the beta version with a select group of users in April.
Amberdata Raises $30M to Accelerate Crypto, DeFi Data Delivery
The funding round was led by Knollwood Investment Company and included contributions from Coinbase and Nexo.
Coinbase NFT Marketplace Beta Sees Less Than 900 Transactions in Opening Week
The exchange’s long-awaited NFT platform saw 73 ETH in trade volume in its first week after a small portion of its three million-person waitlist was granted access.
Fidelity Will Offer Bitcoin Inclusion in its 401(k) Accounts
U.S.-based financial services firm Fidelity Investments will allow investors to put bitcoin (BTC) into their 401(k) retirement savings accounts later this year, bringing crypto exposure to traditional investors. “The Hash” group discusses the impact this could have on crypto-native firms like NYDIG and Coinbase, bitcoin’s use case as an inflation hedge and best practices for investing in crypto.