Analysis: daily trading volumes surge on Coinbase International, an offshore derivatives exchange Coinbase launched in May 2023, reaching $287M on August 18
Frank Chaparro / The Block : X: @fintechfrank . Forums: r/ethtrader and r/CryptoCurrency X: Frank Chaparro / @fintechfrank : Coinbase International (CB's offshore perpetual swaps exchange) saw daily ...
Filings: FTX paid $121.8M in legal, consulting, and financial services fees between February 1 and April 30, as some former clients push to reboot the exchange
Frank Chaparro / The Block :
Solana co-founders Anatoly Yakovenko and Raj Gokal scramble to move past FTX's stain on SOL, down 96% from November 2021; FTX and Alameda bought 58M+ SOL tokens
$50 billion in value wiped from the cryptocurrency in 2022 Mehron Rokhy / The Daily Hodl : Solana and Associated Tokens Down Over 96% From All-Time Highs As SOL Gets Delisted From Crypto Exchange Bren...
Coinbase Q3: net revenue down 28% QoQ to $576M, net loss down 50% QoQ to $545M, subscription and services up 43% QoQ, and monthly transacting users down to 8.5M
Fellow shareholders, Chapter 1 Chapter 2 Chapter 3 Q3 was a mixed quarter for Coinbase. Adam Morgan McCarthy / The Block : Coinbase, Block jump 12% following third quarter earnings Andrew Throuvala...
Research: Binance had a 55.1% market share in spot crypto trading in the past 24 hours and 54.4% of derivatives trading, easily surpassing FTX and others
> BUSD, and we see the change in supplies. Thus begins the Second Great Stablecoin War. (The first one, fought in ~2018, ended with USDC and USDT edging out TUSD/GUSD/USDP.) https://twitter.com/... La...
Sources: crypto hedge fund Three Arrows Capital faces an uncertain future after a $400M+ liquidation; CEO Su Zhu: we are “fully committed to working this out”
Frank Chaparro / The Block :
Sources: Crypto lending and borrowing service BlockFi is in the process of raising a down round at a $1B valuation; BlockFi was last valued at $3B in March 2021
Frank Chaparro / The Block :
Sources: Luna Foundation Guard aims to raise $1B+ to shore up its UST stablecoin; one deal in negotiations offers LUNA tokens for 50% off
which is meant to be pegged to the dollar — plummets below 30 cents Bloomberg : TerraUSD Backers Seek $1.5 Billion Rescue, Cashaa CEO Says Tweets: Larry Cermak / @lawmaster : The details I have heard ...
A look at Do Kwon's algorithmic stablecoin UST, designed to trade at $1 but which has been in freefall; CoinMarketCap says there are ~14.8B UST in circulation
Earn ~21% on DFX Finance's EURS/USDC pool! Liam ‘Akiba’ Wright / CryptoSlate : Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST Osato Avan-Nomayo / The Block : Korean crypto ...
Coinbase beats with $2.5B Q4 revenue, $840M net income, and 11.4M monthly transacting users, up from 7.4M in Q3; 2021 revenue was $7.4B, up from $1.1B in 2020
2021 was a year of tremendous growth and development in the cryptoeconomy, as well as for Coinbase. MK Manoylov / The Block : Coinbase earned $2.5 billion in net revenue during 2021's fourth quarter T...