Coinbase Global Inc. revealed on Thursday that its revenue in the first quarter of fiscal 2025 amounted to $2 billion, jumping 25% year over year, but coming in somewhat below analyst expectations.Meanwhile, in the first trimester, net income stood at $66 million, significantly down from a net...
Coinbase Global Inc. told The Wall Street Journal (WSJ) on Thursday it reached an agreement to buy the world's leading platform for trading cryptocurrency derivatives for about $2.9 billion.The company said that those $2.9 billion include $700 million in cash and 11 million shares of...
Earnings announcements will be abundant in the coming week, with several major companies set to unveil their financial results for the first quarter of fiscal 2025.
Palantir is scheduled to release its first-quarter report on Monday, with analysts expecting sales to grow to $862.2 million, a 36% increase...
Coinbase Global Inc. announced on Thursday that it is expanding its partnership with PayPal Holdings Inc. to accelerate the adoption of PayPal's stablecoin PayPal USD (PYUSD). Coinbase said it will enable free conversion between PYUSD and the dollar for retail and institutional customers,...
The United States Securities and Exchange Commission (SEC) announced on Thursday its decision to drop its civil enforcement action against Coinbase Inc. and Coinbase Global Inc., confirming the previous report.In the statement, SEC Acting Chairman Mark T. Uyeda explained that dismissing the case...
Coinbase Global Inc. CEO Brian Armstrong took to X on Friday to announce that the company and the United States Securities and Exchange Commission (SEC) had reached an agreement to dismiss the latter's litigation against the former.In June 2023, the SEC alleged that the broker for...
Coinbase announced on Friday a multi-year global partnership with the Aston Martin Aramco Formula One team, making the crypto exchange its exclusive crypto partner.The deal, funded entirely in USDC stablecoin, aims to integrate blockchain technology into motorsport while expanding...
Coinbase Global Inc. revealed on Thursday that its revenue in the fourth quarter of fiscal 2024 reached $2.3 billion, jumping by 138% compared to the same period in the previous year, beating the analysts' expectations.The company's net income came in at $1.3 billion in the reported quarter, surging...
Although some of the most anticipated global players have already released their fresh financial results, this week investors' attention will turn to some of the leading Asian companies. Namely, SoftBank is expected to unveil its report on Wednesday, followed by Sony, Nissan, and Honda on Thursday.In...
Coinbase Global Inc. revealed on Monday in a blogpost that it managed to obtain the Virtual Asset Service Provider (VASP) registration in the United Kingdom issued by the Financial Conduct Authority (FCA).This registration makes Coinbase the largest registered digital asset player in London and...
This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.
