Coinbase
Fed Minutes Show Most Members Approve 25BPS Rate Hike; Counsel Says Voyager’s Binance US Sale Plan ‘Full Steam Ahead’
The latest FOMC minutes reveal that almost all Fed policymakers favored easing rate hikes to a quarter percentage point. Plans to wind up Voyager Digital by selling assets to Binance US are "on track," an attorney for the bankrupt crypto lender told a New York court on Wednesday. Coinbase (COIN) topped fourth-quarter earnings estimates Tuesday evening, but shares are sharply lower Wednesday alongside a sizable pullback in crypto.
Coinbase Q4 Revenue Beat Expectations but Transaction Volume Falls 12% From Q3
Crypto exchange Coinbase (COIN) reported Q4 net revenue of $605 million, ahead of analyst estimates of $588 million. The number is up 5% from $590 million in the third quarter but its transaction volume fell 12% quarter-over-quarter to $322 million. "First Mover" hosts break down Coinbase's earnings report.
Coinbase Transaction Volumes Falls 12% in Q4
Crypto exchange Coinbase's Q4 earnings exceeded expectations, but the transaction volume fell 12% quarter-over-quarter. Pastel Network Co-founder Anthony Georgiades weighs in on this decline, citing Coinbase's "hyper-growth areas" are coming under regulatory scrutiny inside the U.S.
What Coinbase's Q4 Earnings Mean For Crypto
Coinbase (COIN) reported Q4 net revenue of $605 million, ahead of analyst estimates of $588 million and up 5% from $590 million in Q3. Pastel Network co-founder Anthony Georgiades discusses the crypto exchange's latest earnings report and its implications for the crypto industry. Plus, the minutes of the Fed's February 1st meeting will be published later today.
Coinbase Chief Policy Officer on Staking Services Outlook
SEC Chair Gary Gensler is warning other platforms to "take note" of crypto exchange Kraken's move to halt its staking service in the U.S. and cough up a $30 million fine. This comes as Coinbase CEO Brian Armstrong tweeted that his exchange's staking services are not securities and "we will happily defend this in court if needed." Coinbase Chief Policy Officer Faryar Shirzad joins the conversation.
Coinbase Chief Policy Officer: 'We Need Congress to Step Up' on Crypto Regulation
Coinbase Chief Policy Officer Faryar Shirzad discusses the outlook for the crypto exchange and digital asset regulation at large on the heels of the U.S. Securities and Exchange Commission (SEC) suing Terraform Labs and its co-founder Do Kwon for misleading investors. Plus, reaction to Kraken ending its crypto staking-as-a-service platform for U.S. customers and its $30 million settlement with the SEC.
Algorand Foundation CEO on Crypto-Staking After Kraken’s SEC Settlement
Coinbase CEO Brian Armstrong says he's heard rumors the U.S. Securities and Exchange Commission would like to ban retail investors from engaging in cryptocurrency staking. Algorand Foundation CEO Staci Warden discusses what this could mean for crypto stakers, as Kraken shut its staking services as a part of its SEC settlement. Plus, the latest on Algorand Foundation's partnerships in India for Web3 growth.
LDO Token Jumps Amid Coinbase CEO's Comments About SEC Staking Ban Rumor
LDO, the governance token of the decentralized autonomous organization behind Lido, spiked after Coinbase CEO Brian Armstrong tweeted that he'd heard rumors that the U.S. Securities and Exchange Commission (SEC) might ban retail investors from engaging in cryptocurrency staking. The Lido protocol, governed by the LDO token, allows for the staking of ether. "The Hash" panel discusses the latest in the world of crypto regulation.
Coinbase CEO Heard ‘Rumors’ the SEC May Ban Crypto Staking for Retail Customers
Coinbase CEO Brian Armstrong tweeted that he's heard rumors that the U.S. Securities and Exchange Commission wants to ban retail investors from engaging in cryptocurrency staking, the income-generating technique at the core of running blockchains including Ethereum. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De shares the latest developments.
Ex-Coinbase Manager Pleads Guilty to Insider Trading Charges: Reuters
Reuters reported Tuesday that Ishan Wahi, former product manager at crypto exchange Coinbase (COIN), has agreed to plead guilty to insider trading charges. "The Hash" panel discusses the latest revelations from the first cryptocurrency insider-trading case and how this might shape future regulation.
