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Coinbase's landing page received 20 million hits in one minute. Its iOS app jumped from No. 186 to No. 2 in overall downloads after the advertisement. [ 93 ] [ 94 ] [ 95 ] The ad was parodied later in the night by Meta (which posted its own, similar ad on social media to advertise a streaming Foo Fighters concert after the game).
In August 2023, Circle and Coinbase dissolved the Centre Consortium, the entity responsible for managing USDC since 2018. This decision granted Circle full governance over USDC. [14] In February 2024, Circle discontinued USDC on the TRON blockchain following a risk management review. Although the minting of new USDC tokens halted on 21 February ...
SkyBridge Capital freezes withdrawals. [71] 20 July Vauld files for protection against creditors, the equivalent of bankruptcy in Singapore. [72] Zipmex, a Southeast Asian exchange, freezes withdrawals. [73] 25 July Coinbase comes under SEC investigation for potentially lying to their customers. This leads to a 21% drop in their stock the next ...
November 20, 2024 at 8:03 AM. ... Coinbase 50 is highly concentrated, with its top six components accounting for more than 90 percent of the index as of November 2024.
A Coinbase user thought he called customer support. Instead he lost $100,000 in 20 minutes to scammers. Jeff John Roberts. August 15, 2024 at 4:00 AM. ... Less than 20 minutes later, Fred—who ...
Quarter over quarter, Coinbase saw a 78% jump in revenue from subscriptions and a $2.6 billion decline in operational costs. Fourth-quarter total revenue reached $954 million and for the year was ...
[2] [3] The article triggered a spike in withdrawals from FTX, but eventually, customers became unable to retrieve the money they had deposited in the exchange. [4] On 11 November, FTX, Alameda Research, and over 100 affiliated entities filed for bankruptcy. Bankman-Fried resigned as FTX CEO and was replaced by John J. Ray III. [5] [6]
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