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Home > CoinMarketRecap: Weekly Crypto News > August 10: Coinbase's $1 billion loss, Tether and USDC back merge, Tornado trolling, Robinhood pays $10m to users
Podcast: CoinMarketRecap: Weekly Crypto News
Episode:

August 10: Coinbase's $1 billion loss, Tether and USDC back merge, Tornado trolling, Robinhood pays $10m to users
Category: News & Politics
Duration: 00:07:44
Publish Date: 2022-08-10 12:00:00
Description:

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.
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