‘Unprecedented’ capital inflows into Bitcoin remove 12K BTC from Coinbase in an hour
Investors mean business as current prices remain more than attractive to new buyers. Go to Source Powered by WPeMatico
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Coinbase Announces San Francisco HQ Shutdown by 2022
Coinbase, the most prolific U.S.-based cryptocurrency exchange, has announced it will close the doors of its former San Francisco HQ by 2022, in its push to go 100% remote. Earlier the company had announced its intention of ditching the traditional office-based model to decentralize its operations and instead impulse work from home politics as part … Read more
Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round
On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital Currency Data and Analytics Firm … Read more
Coinbase stock plunges to record low, further decoupling from crypto
The stock was down by as much as 6.5%, even as the overall cryptocurrency market reached new all-time highs. Go to Source Powered by WPeMatico
Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange
The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020. IRS Wants User Information From Crypto Exchanges The U.S. Department of Justice (DOJ) announced Wednesday … Read more
Coinbase crypto exchange to close San Francisco headquarters in 2022
Coinbase is taking measures to ensure that no office becomes an unofficial headquarters. Go to Source Powered by WPeMatico
Court orders Kraken to provide information on user transactions to the IRS
A court in northern California has ordered Kraken to provide info on users who traded more than $20,000 between 2016 and 2020 to the IRS. Go to Source Powered by WPeMatico
Auction giant Sotheby’s to accept BTC and ETH as payment via Coinbase
Bitcoin and Ether will bring the next step of Sotheby’s crypto adoption after the firm debuted NFTs earlier this year, its CEO said. Go to Source Powered by WPeMatico
Hip Hop Star Nas Calls Himself ‘Cryptocurrency Scarface,’ Mentions Coinbase Investment in New Video
Hip hop legend and recording artist Nasir Jones, known by his stage name “Nas,” recently released a new video with record producer DJ Khaled and rapper Jay-Z. The songwriter mentioned being a “cryptocurrency Scarface” and also mentioned the San Francisco company Coinbase in his rhyme. Nas was an early Coinbase investor back in 2013 and … Read more
Nas brags about Coinbase and crypto wealth in new track with DJ Khaled
Nas’ stake in Nasdaq-listed crypto exchange Coinbase is estimated around $40 million. Go to Source Powered by WPeMatico