The Web3 sector is catching the attention of global industries, who are now looking at metaverse and NFTs as important revamps to tackle the existing monotony in the advertising and marketing industries. While nations like Japan, Dubai, and South Korea are accelerating efforts to establish themselves as Web3 hubs, UK does not wish to be … Read more
Coinbase debuted on the US stock market on April 14, 2021 — the same day US senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country’s top markets regulator. Gensler, who has called the crypto sector a “Wild West” riddled with fraud, is now embroiled in a battle with the world’s largest publicly-traded crypto … Read more
The US Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global over some of the crypto exchange’s products, turning up the heat on the largely unregulated sector. Shares of Coinbase dropped nearly 13 percent to $67.33 (roughly Rs. 5,500) in extended trading after the company said on Wednesday that the regulator had issued it a Wells … Read more
Bitcoin rallied in its value, starting last week, after investors flocked to the digital asset following the recent collapse of three centralised banks in the US. Former CTO of Coinbase, Balaji Srinivas, made a prediction that Bitcoin price will soar to a whopping $1 million (roughly Rs. 8.25 crore) in the next 90 days — … Read more
Crypto firms such as Coinbase and Paxos among others now stare at weeks of market re-shuffle and volatility after two crypto friendly lenders were compelled to shut down their operations in the US over the weekend. These now defunct banks are the Signature Bank and the Silicon Valley Bank (SVB). The US authorities intervened and … Read more
Coinbase has announced the launch of its Wallet-as-a-Service (WaaS) suite of offerings, expecting to add to the adoption of cryptocurrencies amongst the masses. This service will simplify the process of digital wallet onboarding for the next set of crypto investors. The crypto exchange is expecting to usher the next hundred million people into Web3, which … Read more
Coinbase, one of the world’s largest crypto exchanges, has decided to delist the Binance USD (BUSD) stablecoin starting March 13. The decision comes in the backdrop of the BUSD token facing legal challenges in the US. Paxos, the stablecoin issuer that wholly owned and managed the Binance USD stablecoin is facing a lawsuit from the … Read more
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 are in the headlines. In the last year, more than 70,000 people globally have been laid off by Big Tech companies – and that doesn’t … Read more