On January 15, 2024, Coinbase publicly held its 2023 annual earnings conference call, summarizing the development in 2023, sharing key points and litigation progress in 2024, and answering targeted questions raised by various agencies.
JinseFinancePAC has successfully gathered a total of $85 million in funding for pro-cryptocurrency politicians to date.
ZoeyARK Invest has tactically sold an additional $4.2 million worth of Coinbase shares, following a prior $25 million offload. This strategic move suggests a dynamic adjustment to ARK's portfolio amidst changing market conditions, with Coinbase's stock maintaining a significant position in ARK's Innovation ETF.
BernicePoloniex announces substantial progress in its restoration endeavours after falling victim to a significant security breach on 10 November.
CatherineBinance.US no longer permits USD withdrawals; asks users to convert USD to stablecoins or other digital assets.
KikyoEligible customers will be able to withdraw 94% of the funds. The remaining users need clarity on when they can get their funds back.
BeincryptoCoinbase is being sued by another crypto company that alleges that the firm infringed on its patented crypto transfer technology.
OthersIt's the largest quarterly net loss for the crypto company since listing on the Nasdaq Stock Exchange in April 2021.
CointelegraphIn addition to suspending user withdrawals, Celsius also moved more than $250 million in funds from Aave to the FTX exchange for reasons that have yet to be clarified.
CointelegraphThe crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency issues, respectively.
Cointelegraph