Coinbase listing hype appears dead as exchange falls 80% from all-time highs

Last week the American crypto exchange saw its share price drop into double digits for the first time when it sank to just over $84.
Last week the American crypto exchange saw its share price drop into double digits for the first time when it sank to just over $84.
The platform had a waiting list of 3 million people but fell flat with fewer than 150 transactions on launch day.
Coinbase chief Brian Armstrong apologized to Gavin Andresen after the former Bitcoin dev complained about demands for bank statements.
Coinbase’s chief counsel cited its geoblocking of Crimea while defending the exchange’s decision not to ban Russia-based users.
Coinbase wants a slice of the $700 billion remittance industry by encouraging Mexicans to use its stablecoin USDC instead of Pesos.