August 10: Coinbase's $1 billion loss, Tether and USDC back merge, Tornado trolling, Robinhood pays $10m to users
About this episode
On today's CoinMarketRecap with Connor Sephton, Coinbase suffers a $1.1 billion loss — but says things are never as bad as they seem. Ethereum's move to a Proof-of-Stake blockchain gets a big boost as Tether and USD Coin announce they're supporting the merge. A Tornado Cash user trolls the U.S. government by sending small amounts of Ether to A-list celebrities. And Robinhood agrees to pay $9.9 million to users who are suing the company over repeated outages. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.
Get every episode summarized
Each time Crypto Today publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Crypto Today
Bitcoin drops to $80,000 — and this analyst says it'll fall further
Crypto Today
Trump unveils strategic Bitcoin reserve — but markets disappointed
Crypto Today
Chaos and confusion surrounds Trump's crypto reserve
Crypto Today
Why Bitcoin rebounded, predictions for next three months, memecoins implode
Crypto Today