Coinbase Global, Inc. (NASDAQ: COIN ) has been on a wild ride since the April low. Shares bottomed at $142.58 immediately after Liberation Day. On April 9 , I upgraded the stock from a hold to aFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to financial data. Working with ...

Arjun Sethi says he doesn’t suffer from FOMO. The question of whether Kraken’s co-CEO has a fear of missing out surfaced when DL News breached the topic of a potential public float for the US-based crypto exchange. On paper, it’s about time. After all, the crypto industry has caught the IPO bug in a big way this year. Rival exchanges Bullish and Gemini were listed on the New York Stock Exchange and the Nasdaq this summer, capitalising on sweeping market optimism thanks to the US government’s nouveau pro ...

Coinbase listing. Photo by BeInCrypto Coinbase is offering a Mag7 + Crypto Equity Index futures contract, combining exposure to crypto and TradFi stocks. It derives its value from the "Magnificent 7" tech firms, two crypto ETFs, and Coinbase itself. If this product is successful, it could encourage other exchanges to bundle crypto exposure with unrelated futures contracts. Even if it isn't, it still signals a new product strategy from Coinbase. Coinbase's New Futures Products During this unprecedented ...

The announcement that Crypto.com has invested in Moonlander coincides with allegations that they covered up a data breach. | Credit: Getty Images. Key Takeaways Scattered Spider was responsible for a data breach at Crypto.com. The exchange has been called out for failing to publicly disclose the incident at the time. Criticism of Crypto.com threatens to overshadow its investment in Moonlander. It was recently revealed that Crypto.com was targeted by the cybercriminal network known as Scattered Spi ...

Key Points If the token is part of a strategy to build the Base community, it could add long-term value. The token's purpose matters: A governance token could dilute shareholder control, but a utility token wouldn't. 10 stocks we like better than Coinbase Global › Coinbase Global (NASDAQ: COIN) CEO Brian Armstrong surprised investors on Sept. 15 with news that the company is exploring its own Base network token. Base is a Coinbase ecosystem where people can build decentralized applications that inte ...

Core Viewpoint - Crypto.com faced a previously unreported data breach involving the Scattered Spider hacking group, which exposed personal information of users, although the company claims no customer funds were at risk [2][3]. Company Response - A spokesperson from Crypto.com stated that the incident was reported to regulators and involved a phishing campaign targeting an employee, affecting a very small number of individuals [1][2]. - The company emphasized that the breach was not publicly disclosed to users whose personal information was compromised [4]. Incident Details - The attack was executed by teenage hackers, including Noah Urban, who is linked to a notorious cybercriminal organization responsible for high-profile attacks [3]. - The breach was contained within hours of detection, and the company maintains that no customer funds were accessed [1][3]. Financial Performance - Despite the undisclosed security incident, Crypto.com generated $1.5 billion in revenue last year, with $1 billion in gross profit, positioning itself as one of the most profitable crypto platforms [4]. - The CEO, Kris Marszalek, predicts a strong fourth-quarter performance and is exploring potential IPO options while expanding partnerships [4].

Cathie Wood’s Ark Invest has been steadily increasing its stake in Bullish (BLSH) since the crypto exchange’s IPO, signaling confidence in the company despite a volatile post-market debut. On debut, Ark acquired about 2.53 million shares of Bullish, roughly worth $172 million across ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF). Again, the veteran investor recently purchased over 160,000 shares of Bullish worth $8.3 million ahead of the company’s ...

UK-based online trading firm IG Group has acquired Australian crypto exchange Independent Reserve in a deal worth A$178 million ($117 million) on Friday. Per a Reuters report, the acquisition marks IG’s expansion into the APAC crypto market, enhancing its operations alongside the UK. Independent Reserve, a prominent cryptocurrency exchange, has a strong presence in both Australia and Singapore. The platform already offers trading in 34 digital assets, serving retail and institutional investors. Further, ...

Dan Dolev from Mizuho Securities set a price target of $300 for NASDAQ:COIN, while the stock was trading at $343.13, indicating a potential decrease.Coinbase's stock has shown resilience with a current price of $343.13, reflecting an increase of 7.04%.Coinbase's Chief Policy Officer, Faryar Shirzad, addresses concerns from banks regarding stablecoins, suggesting that banks are more concerned about protecting their revenue streams.Coinbase (NASDAQ:COIN) is a leading cryptocurrency exchange platform that allo ...

FTX’s token FTT surged 17% in the last 24 hours, baffling traders as bankruptcy proceedings continue and unlocked tokens re-enter circulation. As of Sept. 18, the token traded at around $0.93, up more than 17% in the past 24 hours. Notably, the token has no utility as of now. Interestingly, most of the trading volume is coming from centralized exchanges like Binance, Toolbit, Pionex and Bitget. A collapsed exchange, a ghost token FTX was once one of the largest global exchanges, offering futures, leverag ...