Bitcoin24h $63,736.41-0.43%

Ethereum24h $1,908.86+0.25%

BNB24h $568.79+0.15%

XRP24h $1.06-0.58%

Solana24h $73.55-1.36%

TRON24h $0.3240-0.84%

Hyperliquid24h $55.25-1.82%

Dogecoin24h $0.0705-0.49%

UNUS SED LEO24h $9.75+0.00%

Zcash24h $463.46-3.56%

Coinbase Q1 earnings better than expected but trouble lingers

Coinbase has been losing money consistently since the start of 2022 with Q2 of last year seeing it shed more than $1 billion.

Coinbase execs slapped with insider trading lawsuit as banks get spooked

Citi slashed Coinbase stock to neutral as an insider trading lawsuit against Brian Armstrong and Marc Andreessen was made public.

Following in the footsteps of his brother, 32-year-old Ishan Wahi is asking to serve 10 months for insider trading at Coinbase.

Despite years of cheerleading for USDC alone, Coinbase wants to diversify into flatcoins and other stablecoins on its Ethereum Layer 2, Base.

Since late December, Coinbase insiders have sold more than 500K shares for just over $26 million while only 57K shares have been bought.