While the crypto money market has been shaken by many news recently, the news from this crypto money exchange has made many investors curious. Giant cryptocurrency exchange Coinbase bids farewell to Vishal Gupta, the company’s head of exchange! Here are the details…
Coinbase is parting ways with its senior manager!
The giant cryptocurrency exchange Coinbase has been shaken by critical news in recent days. The US-based giant cryptocurrency exchange is losing a top executive after the company’s Stock Exchange Chairman Vishal Gupta decided to leave. While the news came from Vishal Gupta’s LinkedIn page, many investors were curious. Vishal Gupta worked at Coinbase for over two years. Before moving to crypto, Gupta spent several years at the leading traditional financial center Goldman Sachs. For the name, which has attracted attention with its silence for a while, some big companies have put forward claims of “new project”.
Bloomberg reported on Monday that he’s leaving to work on a “new project.” The departure came at a turbulent time for both crypto and Coinbase. As the industry was shaken amid a string of bankruptcies and bank collapses, Coinbase found itself the target of the Securities and Exchange Commission. cryptocoin.com As we have reported, the Securities and Exchange Commission (SEC) has increased its pressure on giant cryptocurrency exchanges for a while. While Coinbase was among these exchanges, giant exchanges such as Binance were also targeted by the SEC.
On the other hand, Vishal Gupta is not the only high-profile executive to leave the company. Coinbase’s Chief Product Officer, Surojit Chatterjee, left the exchange earlier this year after announcing that he would leave in 2022.
Giant crypto exchange Coinbase comes with new updates!
On the other hand, the latest announcements made by the giant cryptocurrency exchange Coinbase drew attention. Pointing to innovations on the stock market, Coinbase CEO Brian Armstrong announced that they will integrate the Bitcoin layer-2 payment solution Lightning Network on the platform.
The popular CEO, who used the words “a great solution” for the Lightning Network, had previously appeared before investors with similar innovations. Although no timeframe is specified for this layer-2 solution, which investors have been waiting for for a long time, investors welcomed this new news. Exchanges such as BitFinex, OKX, and Kraken have already integrated the Lightning Network, while this update for Binance and Coinbase has not yet been made.
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