Coinbase’s $8 billion valuation for potential IPO under threat as trading volume slumps

Coinbase’s COO, Asiff Hirji recently spoke about how Coinbase’s trading volume has slumped as a result of the bear market and how it would affect their potential IPO on CNBC’s Fast Money. Earlier this year, Coinbase received a funding of $300 million in an investment round which values Coinbase up to $8 billion if it ever […]

more info…

You might be interested in …

April 12, 2017

Wells Fargo Lawsuit Shows Banks Still Doubtful of Bitcoin: Report

Wells Fargo Lawsuit Shows Banks Still Doubtful of bitcoin: Report A lawsuit involving Wells Fargo and Hong Kong-based bitcoin exchange Bitfinex shows that banks remain hesitant when it comes to taking part in the world […]

March 11, 2019

Fidelity Digital Assets head: We understand importance of security around private keys

Fidelity Digital Assets head: We understand importance of security around private keys The entry of institutions into the cryptocurrency sector has been an important point of discussion in the cryptosphere. This reason was the backbone […]

January 16, 2019

Bitwage Now Lets Firms Pay Salaried Staff in Crypto

Bitwage Now Lets Firms Pay Salaried Staff in Crypto Bitwage is partnering with a payroll company to give more firms the ability to pay their workers in cryptocurrency. Revealed exclusively to CoinDesk, Bitwage CEO Jonathan […]