
Coinbase CEO calls out “risky business practices” in FTX saga, sympathizes with those involved
Brian Armstrong made a strong statement claiming FTX took part in "conflicts of interest between deeply intertwined entities"

Read Coinbase news, including earnings, legal cases, product launches, listings, policy advocacy, and exchange market developments.

Coinbase noted that trading volume has been shifting away from the U.S. as its U.S. monthly volume was down more than 50% at the end of September compared to January.

According to the exchange, the SEC action forced U.S.-based exchanges to delist XRP, causing retail customers significant losses as the coin's market cap declined.

Roughly $2.5 billion worth of Bitcoin left Binance marketplace over the weekend, which is the largest purchase of 2022.

Celsius filed for a bidding proposal on Oct. 3 seeking the court's approval to sell its remaining assets.

MakerDAO will earn approximately $24 million from Coinbase Prime's 1.5% rewards.

Coinbase has emerged as the preferred exchange to buy and hold Bitcoins, while Ethereum reserves on exchanges have been increasing since June.



