Coinbase Announces Date of Second Quarter 2022 Financial Results

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Coinbase (COIN) Says Solvency Concerns a Reflection of Insufficient Risk Controls

July 20, 2022 1:46 PM EDT

In a blog post Wednesday, cryptocurrency exchange Coinbase (NASDAQ: COIN) said solvency concerns surrounding crypto companies were a reflection of insufficient risk controls.

The exchange named Celsius, Three Arrows Capital (3AC), Voyager, and "other similar counterparties" as companies not implementing sufficient risk management, adding that... More