Six people are going up against the Treasury Department. Two stories that seem to be different. One very scary example. It all has to do with privacy.
In this edition of CryptoSlate Wrapped Daily, Voyager receives bids from 22 parties interested in purchasing its assets, Algorand upgrades its network mainnet to increase transaction capacity, and much more.
According to a class action lawsuit filed in a Georgia court, the cryptocurrency exchange failed to protect consumers' accounts against theft and hacks, and it is suing for up to $5 million in damages.
Ahead of the public debut of the Coinbase cryptocurrency exchange, a new source has confirmed the worth of the firm’s stock. As reported by Coindesk, the shares of the United States-based company had a settlement price of $303 on the Nasdaq Private Market, according to two sources familiar with the matter.
World’s largest cryptocurrency exchange Coinbase has informed its shareholders that the company is soon to launch a secondary market for its private stock on the Nasdaq Private Market. Further details of the process shall be available today i.e. Monday, January 25 by noontime, said Coinbase.
This move by Coinbase will allow all its current and past employees as well other private stockholders to sell their stock before the IPO on the Nasdaq Private Market.
If Coinbase opens with a similar percentage increase, the price would be around $343, very close to the average private market price in the first quarter of $343.58.
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