Tag: Changpeng Zhao
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SEC Lawsuits Against Binance and Coinbase: A Damning Indictment of the Cryptocurrency Concept?
In an unprecedented move signaling increased scrutiny of the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has filed lawsuits against leading crypto exchanges, Binance and Coinbase. Allegedly, both exchanges knowingly violated securities laws, prompting the debate: is the entire concept of cryptocurrency fundamentally flawed, or even a sham? The SEC contends that Binance,…
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Coinbase Global (COIN.Q) goes live on NASDAQ to the tune of $86 billion, but will it beat the hype?
Cryptocurrency exchange Coinbase went live on the NASDAQ today using the ticker symbol COIN.Q to the tune of $86 billion. If your first reaction to that number is an eyeroll and a whatever-you-say you’re not alone. We’ll get into that in a moment, but for right now let’s consider what this means for the development…