Rare Ape CryptoPunk sells for $1.5M amid market downturn
CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value. Go to Source
wash trade
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Data fails to conclude that Bitfinex shorts are depressing Bitcoin price
A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play. Go to Source Powered by WPeMatico
Ahead of IPO, Coinbase Pays CFTC $6.5 Million to Settle False Reporting, Wash Trading Charges
The Commodity Futures Trading Commission (CFTC) has fined cryptocurrency exchange Coinbase $6.5 million “for reckless false, misleading, or inaccurate reporting as well as wash trading.” This enforcement action came as Coinbase is getting ready for its initial public offering (IPO) on Nasdaq. CFTC Takes Action Against Coinbase The CFTC announced Friday that it has issued … Read more
