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Coinbase Closes Series E Funding Round, Valued at More Than $8 Billion
Cryptocurrency
Coinbase Closes Series E Funding Round, Valued at More Than $8 Billion
The behemoth cryptocurrency exchange Coinbase is now valued at more than $8 billion. This comes following a $300 million Series E funding round which was headed by Tiger Global Management. The cryptocurrency platform headquartered in San Francisco announced the fundraising round on its blog earlier today. Furthermore, this means that Coinbase’s valuation has increased massively from its August 2017 valuation of $1.6 billion. This latest investment round was led by…
60% of American Voters Think Crypto Donations Should be Allowed in Political Campaigns
Cryptocurrency
60% of American Voters Think Crypto Donations Should be Allowed in Political Campaigns
The blockchain research company Clovr has recently surveyed over a thousand of registered US voters, to see how they feel about political donations in digital currencies. A number of aspects including safety and stability were touched upon by the researchers. The gathered data shows that Americans’ acceptance of using crypto to fund political campaigns is growing perhaps more than you would have predicted. The Federal Election Commission (FEC) has hindered…
CNBC Crypto Trader Host Ran Neuner Teases Coinbase IPO, Claims Remain Unverified
Cryptocurrency
CNBC Crypto Trader Host Ran Neuner Teases Coinbase IPO, Claims Remain Unverified
The major cryptocurrency exchange and wallet platform Coinbase is about to launch its first Initial Public Offering. This news comes from Ran Neuner, the host of the ”Crypto Trader” segment on CNBC Africa, who recently tweeted the details of the deal. More specifically, on October 25th Neuner tweeted that CNBC Cryptotrader would soon ”expose details of the Coinbase IPO raise”. He also shared two slides containing information on Coinbase’s account…
Cryptocurrency
”Leading Global Bitcoin Exchange” OKEx Will Delist More Than 50 Trading Pairs Next Week
The cryptocurrency exchange OKEx is set to significantly reduce the number of cryptocurrency trading pairs, according to a recent announcement. This change will take effect on October 31 at 6:00 AM CET. The Hong Kong-based cryptocurrency exchange OKEx labels itself as the ”leading global Bitcoin exchange” and will now delist 58 trading pairs due to ”weak liquidity and trading volume.” Furthermore, these more than 50 trading pairs are linked to…