Cryptory.net - Coinbase has received a subpoena from the CFTC requesting information about user transactions associated with Bybit, a cryptocurrency exchange based in Dubai.
In a span of only one week, Base has managed to draw in hundreds of thousands of new users, garner attention from established brands and artists, and, unfortunately, attract scammers as well.
Cryptory.net - Coinbase is the latest in the list of crypto exchanges looking to expand overseas as the regulatory environment in the US is considered unfavorable by the industry.
Since its launch in 2021, Magic Eden has undergone rapid growth, raising $130 million in Series B funding in July 2022 with a valuation of $1.6 billion. It is currently the largest NFT marketplace in the Solana ecosystem.