Archive

Tag: Coinbase

Coinbase Is Making $2.7 Million a Day

Kai Sedgwick      Running a major cryptocurrency exchange can be a logistical nightmare, but the rewards make it all worthwhile. In information released to shareholders this week, Coinbase revealed that it recorded turnover of $1 billion last year, which…

Bitcoin Can’t Stop Breaking Things

By Kai Sedgwick When bitcoin futures trading went live on Sunday night, there were sniggers from the cryptocurrency community after Cboe’s website was instantly knocked offline. “Welcome to bitcoin,” went the refrain. Disruption of service is all part of daily…

Coinbase Ordered to Hand IRS Data on 14,000 Users

By Rachel Rose O’Leary   Cryptocurrency exchange Coinbase has been ordered to disclose details of more than 14,000 customers to the U.S. Internal Revenue Service (IRS). Following a lengthy legal battle between the two entities, the San-Francisco district court ruled Tuesday…