Coinbase Inc

Coinbase made $771 million in profit in the first quarter, benefiting from crypto mania.

The cryptocurrency exchange Coinbase said on Thursday that its quarterly profit soared by more than 20 times from a year earlier as its revenue skyrocketed, in a sign of how enthusiasm for digital currencies has gone mainstream in the pandemic. Coinbase said it brought in $1.8 billion in revenue during the first three months of …

Coinbase made $771 million in profit in the first quarter, benefiting from crypto mania. Read More »

As Scrutiny of Cryptocurrency Grows, the Industry Turns to K Street

The board of advisers at the digital chamber is stuffed with former federal regulators, including a former member of Congress and a recent chairman of the Commodity Futures Trading Commission, J. Christopher Giancarlo, who was named to the board of BlockFi, a financial services company that tries to link cryptocurrencies with traditional wealth managers. Max …

As Scrutiny of Cryptocurrency Grows, the Industry Turns to K Street Read More »