Coinbase confirmed direct listing on NASDAQ on the 14th
Coinbase, an American cryptocurrency exchange, will be listed directly on NASDAQ on the 14th of this month. Coinbase’s Class A common stock is expected to be traded on the NASDAQ Global Select Market under the ticker of COIN starting on the 14th. According to Coinbase, there are a total of 114.9 million shares to be released on the market.
Rapid growth of the NFT market, increasing counterfeiting and copyright disputes
Is the new market created by the NFT a bubble that has come for a while? Or will it be possible to settle in the existing society like Bitcoin? There is already friction at some points where the NFT and the existing society meet. The most common is the copyright infringement problem. Beyond copyright infringement, there is also a problem of’copyright theft’. On January 25, BCA (BlockCreatArt), a crypto art group, accused many of the works on the NFT trading platform called’Cross’ that they had taken the works of existing artists without permission.
Bitcoin miners earn $1.5 billion in March
In a report released on the 30th (European Time), the Norwegian blockchain analysis company Arcane Research reported that in September last year, bitcoin miners’ income was about $329 million (about KRW 3709 billion), and for six months It was analyzed that the revenue increased 373%.
NFT market sales fell by about 27% in two days
Decrypt cited the NFT information site, Nonfungible.com, and reported that the NFT market, which recorded about $10 million in daily sales in mid-March, has declined to about $4.75 million on April 1. On March 30th, daily sales of about $6.51 million were recorded, which is a decrease of about 27% in the last two days.
Upbit switches to cryptocurrency’autonomous disclosure’
Upbit announced that it plans to reorganize the existing disclosure system into a’free bulletin board’ in which each cryptocurrency project directly posts information. Upbit explained that “there was a market demand to increase the timeliness of public announcements.”
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