Coinbase hit with 50% price target cut as post-earnings rout deepens
Slowing trading activity and fallout from the Binance hack are clouding Coinbase’s revenue prospects, prompting Morgan Stanley to lower its rating on the…
Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook
Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery. Source：CoinDesk
Tokenization firm tZERO plans to go public in $350 million SPAC deal
The digital securities firm plans to list on NYSE American under TZRO early next year after more than a decade building blockchainbased trading infrastructure.…
Retired World Series champ Matt Holliday lists $11.6 million Arizona estate he bought months ago
Retired Major League Baseball star Matt Holliday is ready to part ways with the newly built Paradise Valley, Ariz., estate he purchased earlier this year.…
Coinbase leads crypto stock selloff following $6.3B Binance hack
Circle, Strategy and other cryptolinked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach. Source：Cointelegraph
KuCoin suspends services in Russia and Belarus
The exchange cited legal and regulatory compliance in its reason for cutting off services to users based in the two countries, currently the targets of…
Coinbase seeks Brazil crypto license, expects no service disruption
Coinbase has applied for authorization ahead of Brazil’s Oct. 30 deadline and says it expects to maintain existing services while regulators review its…
Former Swift CEO joins stablecoin firm OpenTrade as chairman
Lazaro Campos takes the board role as the Londonbased company reports $300 million in assets locked and more than $1 billion in annual transaction volume.…
Coinbase earnings: Wall Street divided on trading rebound after Robinhood crypto revenue sinks 55%
Coinbase faces a key earnings test as analysts debate the strength of its trading rebound following a sharp drop in Robinhood's crypto revenue. Source：CoinDesk
JPMorgan, Coca-Cola, Dell also say 'no' to OKX-ICE tokenized tock trading plan
Nearly half the companies on the venture’s original roster have now objected to their shares trading on the planned blockchainbased venue. Source：CoinDesk
Mirae Asset Securities issues tokenized notes on Solana
The company’s Hong Kong unit issued sixmonth notes under its $3 billion program, extending blockchainbased distribution to institutional investors.…
Coinbase denies systems breach, says vendor exposed customer data
Coinbase said that an incident at analytics vendor Amplitude exposed some customers’ contact data, but it found no evidence of unauthorized access to its own…