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The leader in news and seeking bankruptcy protection.
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The leader in news and seeking bankruptcy protection.
Coinbase said it had no counterparty exposure to several collapsed crypto firms, seeking to allay fears about the impact of a liquidity crisis in the industry on its business. Read more about. The update is an attempt by Coinbase to reassure investors it won't suffer the same fate as some of its peers. While Coinbase denied any credit exposure to Celsius, 3AC and Voyager, it says it did make "non-material investments" in Terraform Labs, the Singapore-based company behind failed stablecoin project Terra , through its venture capital business. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
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