Tag: Coinbase Global Inc

Coinbase says it sent erroneous account security notifications to 125,000 customers

Coinbase, the largest cryptocurrency exchange in the U.S., acknowledged that it erroneously told about 125,000 customers that their security settings had changed. The company, which is publicly traded on the Nasdaq, told CNBC on Monday that it was the result of an internal error. Coinbase has spent “most of the weekend working with customers to […]

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The case for sinking Cathie Wood’s Ark—here’s how one ETF provider outlines the short thesis

Happy Thursday! I’ll be walking you through some of the big themes that MarketWatch is spotting in exchange-traded funds this week. Everybody was jumping on the bandwagon of star stock picker Cathie Wood and her Ark Investment suite of funds in 2020, including the flagship Ark Innovation ETF ARKK, -1.72% but the tune has changed […]

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Peter Thiel-backed crypto broker Bitpanda triples valuation in five months to $4.1 billion

A visual representation of bitcoin. STR | NurPhoto via Getty Images LONDON — Bitpanda, a European cryptocurrency trading platform, has raised $263 million in a fresh round of funding valuing the company at $4.1 billion. That’s more than three times the $1.2 billion Bitpanda was worth in its last private financing round five months ago. […]

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All of Wall Street’s pandemic weirdness is about to be on display

Wall Street has gotten weird during the COVID-19 pandemic, and all of that weirdness is about to be on full display. Let’s start with meme stocks. Can we interest you in the earnings of AMC Entertainment Holdings Inc. AMC, -2.42% on Monday afternoon? The theater chain’s valuation has exploded from less than $1 billion to […]

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‘This feels like 1999’: Global start-up funding frenzy fuels fears of a bubble

A pile of U.S. dollar banknotes. Chris Clor | Tetra images | Getty Images In March last year, a top venture capital firm described Covid-19 as the “black swan of 2020.” “Private financings could soften significantly, as happened in 2001 and 2009,” Sequoia Capital told portfolio company founders and CEOs in a memo reminiscent of […]

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Interactive Brokers will offer crypto trading by the end of the summer

In this photo illustration, the Interactive Brokers LLC logo seen displayed on a smartphone. Igor Golovniov | LightRocket | Getty Images Interactive Brokers — seen as the e-broker with some of the most sophisticated clientele — is slated to start trading cryptocurrencies on its platform in the coming months. “Customers certainly are asking for [crypto […]

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Cathie Wood continues to buy Coinbase amid crypto plunge

Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Ark Invest’s Cathie Wood is continuing to buy shares of Coinbase amid the spiral in crypto prices. Wood — founder of Ark Invest — purchased […]

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