Coinbase CEO: The FTX collapse and the resulting contagion has created a black eye for the industry

CNBC Television published this video item, entitled “Coinbase CEO: The FTX collapse and the resulting contagion has created a black eye for the industry” – below is their description.

CNBC’s Kate Rooney joins ‘Squawk on the Street’ to discuss Coinbase and the new layoffs.

CNBC Television YouTube Channel

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About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

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In This Story: Coinbase (Nasdaq: COIN)

Coinbase, Inc. (Nasdaq: COIN) is an American cryptocurrency exchange platform that operates remote-first without an official physical headquarters. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam, and as of March 2021, was the largest cryptocurrency exchange in the United States by trading volume. Coinbase IPO’d on the Nasdaq exchange on 14 April 2021, via a Direct Listing, they carry the stock ticker COIN.

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In This Story: FTX

FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.

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In This Story: Kate Rooney

Kate Rooney is a technology reporter based out of CNBC’s San Francisco bureau, with a focus on financial technology, payments and venture capital.

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