:Shares of Coinbase Global fell on Tuesday and were on track for their biggest one-day percentage decline since late March after the cyrptocurrency exchange found itself in the crosshairs of the U.S. securities regulator along with Binance. The U.S. Securities and Exchange Commission sued Coinbase, accusing i
:Shares of Coinbase Global fell on Tuesday and were on track for their biggest one-day percentage decline since late March after the cyrptocurrency exchange found itself in the crosshairs of the U.S. securities regulator along with Binance.
Coinbase shares were down 13.4 per cent at $50.81 after earlier hitting their lowest level since January. The stock, however, is up nearly 43 per cent on a year-to-date basis. While the Coinbase news helped drag down Blockchain farm operator Bitfarms earlier on Tuesday, the stock has since recovered and was last up 1.8 per cent.
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