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Chronicles

The story behind the story

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Sources say Coinbase plans to shift its institutional efforts away from Wall Street firms like Goldman Sachs to crypto funds and crypto-native firms

For many crypto enthusiasts, mid-2018 feels like a lifetime ago.  —  In those heady days, crypto's market capitalization stood at $300 billion … Tweets: @ncweaver , @fintechfrank , and @daveweisberger Tweets: Nicholas Weaver / @ncweaver : Translation: Wall Street has woken up and realized that it is a shitstorm, with no intrinsic value, so Coinbase is left trying to find rubes outside of the Wall Street world. http://twitter.com/... Frank Chaparro / @fintechfrank : The inside story of the Coinbase crypto OG and Wall Street guard power struggle Coinbase, the San Francisco crypto exchange, is making a pivot back to its crypto roots and away from Wall Street http://www.theblockcrypto.com/ ... David Weisberger / @daveweisberger : Fascinating story depicting the clash of cultures between Financial markets and Crypto. Whoever navigates this best, will be the biggest winners... http://twitter.com/...

The Block Frank Chaparro