Legal
Former Coinbase manager’s brother jailed for insider trading
Nikhil Wahi pleaded guilty in September and got sentenced to 10 months in prison on Jan. 10.
Zeynep Geylan 1 min read
Coinbase News
Read Coinbase news, including earnings, legal cases, product launches, listings, policy advocacy, and exchange market developments.
Coverage footprint 3.5%
News sentiment 50 /100
Top Coinbase Stories
Bear Market
Coinbase lays off 950 employees
Coinbase's CEO Brian Armstrong said that the layoffs will provide the company with operational efficiency to weather the bear market. Coinbase's shares were up almost 3% premarket after the announcement.
Exchanges
India’s crypto tax could cause CEXs to lose $1.2T trading volume by 2026
In the 9 months following India's 30% crypto tax levy, exchanges cumulatively lost $3.85 billion in trading volume to foreign counterparts.
Latest Coinbase News & Analysis
Regulation
Coinbase had “inadequate” AML measures; settles for $100M with NYDFS
Coinbase will pay $50 million as penalty and spend $50 million over 2 years to fix the deficiencies in its compliance systems.
Exchanges
Binance trading volume falls to its lowest since October 2020
Daily crypto trading volumes on most centralized exchanges have reached their lowest in over 2 years as trading activity slows.
Analysis
Is Coinbase stock undervalued? Analysts divided
Bitwise Invest Chief investment officer Matt Hougan thinks Coinbase stock is undervalued despite losing significant value in 2022.
Exchanges
Coinbase CEO Brian Armstrong calls for regulation of crypto industry
Coinbase CEO Brian Armstrong called for a level playing field between local and foreign firms operating within the crypto space.
Investments
Amber Group reportedly looking to downsize despite raising $300M
Amber group is allegedly looking to lay off 400 people and cancel performance-based bonuses.
Exchanges
Coinbase creates self-service recovery of unsupported ERC-20 tokens sent to exchange
Coinbase users will need to provide the Ethereum transaction ID (TXID) of the lost asset and their Coinbase address, to recover their lost assets without exposing their private keys.
