COINDESK DAILY: Coinbase Earnings Preview; DWF Labs Dismisses a Partner After Drugging Allegations
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CoinDesk
4.7 • 698 Ratings
🗓️ 30 October 2024
⏱️ 2 minutes
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| 0:00.0 | Bitcoin so close to its nearly 74,000 lifetime record high. |
| 0:05.4 | This is CoinDust Daily. |
| 0:06.8 | I'm your host Christine Lee. |
| 0:12.7 | Bitcoin range bound between 71,800 to 72,800 during the U.S. morning trade Wednesday. |
| 0:20.0 | After hitting a ceiling the day before, just shy of its $73,798 lifetime high hit in March. |
| 0:28.5 | The broader digital asset market is also muted, trading flat in the last 24 hours, according to the coin S-20, with ETH gaining about 3% and Seoul losing about 2%. |
| 0:40.4 | Wall Street analysts expect a further slowdown in spot trading volume for Coinbase in the third quarter, |
| 0:46.6 | partly triggered by a lack of catalysts for crypto and an uncertain regulatory environment heading into the presidential election. |
| 0:54.5 | The crypto exchange is scheduled to report earnings post-market Wednesday |
| 0:58.1 | and is expected to experience a revenue decline of about 13% in the third quarter, |
| 1:04.0 | according to estimates on fax set. |
| 1:06.8 | Earnings per share are forecasted to be 46 cents up from 14 cents in the second quarter. |
| 1:12.7 | Crypto training firm DWF Labs firing one of its partners following social media allegations |
| 1:18.7 | that one of its employees had spiked a woman's drink at a Hong Kong bar. |
| 1:24.1 | DWF saying in a news release it dismissed a partner from quote, management and operational |
| 1:29.8 | roles effective immediately and called the allegations deeply concerning. |
| 1:35.4 | Earlier Tuesday, ex-account Hanna Not Sari posted that on October 24th, a partner at |
| 1:41.3 | DWS invited her to a bar to discuss a job opportunity and was caught on camera |
| 1:46.7 | drugging her. The post did not name the person but said police had been contacted. |
| 1:52.4 | That's it for Quinas Daily this afternoon. Check out updates on the sentencing of former |
| 1:57.1 | FTX engineering chief Nishad Singh on Quaidas.com. We'll see you next time. |
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