Brian Armstrong made his comments after Coinbase said on Tuesday that, in the event of bankruptcy, crypto assets held by the exchange could be considered property of the bankruptcy proceedings and customers could be treated as general unsecured creditors.
Coinbase, whose shares plunged 15% in extended trade on Tuesday, also missed estimates for first-quarter revenue and posted a loss as turmoil in global markets curbed investor appetite for higher risk assets including cryptocurrencies.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IBM unsure how long it will keep Russia-based staff on payroll, CEO says(Reuters) - International Business Machines Corp is not sure how much longer it can pay its employees in Russia in light of escalating sanctions on the country, its chief executive told Reuters.
Source: staronline - 🏆 4. / 75 Read more »
Serba Dinamik CEO says didn’t lobby PM in Dubai to help firm | The Malaysian InsightMohd Abdul Karim Abdullah clarifies his presence at expo where he is alleged to have spoken to Ismail Sabri Yaakob.
Source: msianinsight - 🏆 8. / 63 Read more »
CEO Serba Dinamik nafi lobi PM di Dubai untuk bantu syarikatnya | The Malaysian InsightKatanya, beliau berada di Malaysia Pavilion Expo 2020 Dubai ketika lawatan PM tetapi tidak berbual dengannya. Nafi usually means yes in this country
Source: msianinsight - 🏆 8. / 63 Read more »
Loke denies more MPs to bow out but says 'nobody indispensable'Loke denies more MPs to bow out, but says 'nobody indispensable' Muhammad Qasim has seen the events leading up to Qiyamah, including World War 3, Ghazwa e Hind, Arrival of Dajjal, Return of ESA AS, release of Yajuj and Majuj, and the time of Imam Mahdi. Many of the predictions in Qasim’s dreams are coming true. Yes, nobody’s indispensable. Nobody.
Source: malaysiakini - 🏆 20. / 51 Read more »
Serba Dinamik CEO says didn’t lobby PM in Dubai to help firm | The Malaysian InsightMohd Abdul Karim Abdullah clarifies his presence at expo where he is alleged to have spoken to Ismail Sabri Yaakob.
Source: msianinsight - 🏆 8. / 63 Read more »
AirAsia apologises for rescheduling flights during Aidilfitri holidaysCEO says delays due to several factors and unavoidable incidents. Bila nak bayo ganti rugi? Sure, but why are customers not properly looked after? Why are there instances of over booking? Why sell tickets if you don't have enough fleet? What were you guys doing all this time and not making sure that your fleets maintenance are up to date? Isn't Tony penasihat for gov? Soooorrrryyyy seems to be the most abused word. Aren’t he the aviation guru?
Source: malaysiakini - 🏆 20. / 51 Read more »