Coinbase
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
According to the Commodity Futures Trading Commission (CFTC), the three co-founders of BitMEX have been ordered to pay $30 million for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules. “The Hash” group discusses BitMEX’s role in the early stages of the crypto space and how newer exchanges like Coinbase and Binance have dealt with regulatory tensions.
Coinbase NFT Marketplace Opens to Public, but Who’s There?
Cryptocurrency exchange Coinbase launched this non-fungible token (NFT) marketplace, but only a few users seem to be active on the platform. “The Hash” group discusses the timing of this launch, broader trends on decreasing volumes across NFT marketplaces, and the dominance of OpenSea and Magic Eden in the NFT space.
Coinbase Opens NFT Marketplace to All
The crypto exchange has opened the floodgates to its Ethereum-based marketplace after testing the beta version with a select group of users in April.
Amberdata Raises $30M to Accelerate Crypto, DeFi Data Delivery
The funding round was led by Knollwood Investment Company and included contributions from Coinbase and Nexo.
Coinbase NFT Marketplace Beta Sees Less Than 900 Transactions in Opening Week
The exchange’s long-awaited NFT platform saw 73 ETH in trade volume in its first week after a small portion of its three million-person waitlist was granted access.
Fidelity Will Offer Bitcoin Inclusion in its 401(k) Accounts
U.S.-based financial services firm Fidelity Investments will allow investors to put bitcoin (BTC) into their 401(k) retirement savings accounts later this year, bringing crypto exposure to traditional investors. “The Hash” group discusses the impact this could have on crypto-native firms like NYDIG and Coinbase, bitcoin’s use case as an inflation hedge and best practices for investing in crypto.
Binance Extended Crypto Exchange Dominance in March
The exchange captured 30% of spot volume market share last month, extending its lead over competitors including Coinbase and OKX.
Coinbase and Crypto Mining Stocks Slide With the Rest of the Market
Crypto-related stocks seem to be taking a harder hit than the rest of the market, as Coinbase’s COIN stock has fallen nearly 55% since its IPO. Plus, a conversation about crypto mining stocks like Riot Blockchain as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
