NEWSBTC: Bitcoin Price Manipulation Probe, Coinbase Acquires Paradex - May 24th Cryptocurrency News
This news, not investment advice. Bitcoin briefly fell below $7,400 before climbing higher again, but still remains well under $8,000. The US Justice department is investigating the possibility of bitcoin price manipulation. And in other news, Coinbase, the largest U.S. cryptocurrency trading service acquired Paradex. Paradex is a decentralized cryptocurrency relayer. According to Coinbase it will allow customers to trade hundreds of tokens directly from their wallets. Paradex uses the 0x Protocol as it is an open sources and provides shared liquidity.
Sources: https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe
https://www.newsbtc.com/2018/05/24/bitcoin-pressured-as-federal-prosecutors-investigate-price-manipulation/
https://blog.coinbase.com/welcome-paradex-to-coinbase-62f16cc9bd74
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- Read full article on: NEWSBTC
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