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Coinbase Under Investigation for Ethereum ‘Flash Crash’

Featured The Commodity Futures Trading Commission is investigating Coinbase for an Ethereum “flash crash” that occurred in June. During the crash, the ETH exchange rate plummeted down in an instant, but quickly regained its price. According to Bloomberg, Ethereum dropped from trading at $317.81, down to 10 cents in a split second.

Pro-Bitcoin Expedia CEO Picked to Run Uber

News Uber has reportedly chosen Expedia chief Dara Khosrowshahi as its new CEO. Under Khosrowshahi’s lead, Expedia started accepting bitcoin. He is also a personal investor in Bitcoin startup 21 Inc.Also read: Japan’s Largest Rewards Site Operator With 5 Million Users Launching Bitcoin ExchangeUber Picked Bitcoin-Friendly ChiefUber Tec