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Enterprise Information Roundup, Dec. 21

Cryptocurrency

Coinbase offers

with allegations

Coinbase is investigating allegations of insider buying and selling on its cryptocurrency alternate within the hours earlier than the corporate introduced it could allow purchases of the bitcoin spinoff often known as bitcoin money.

Bitcoin money surged within the hours earlier than the San Francisco firm’s announcement, whereas bitcoin costs tumbled essentially the most in two months.

“It seems the worth of bitcoin money on different exchanges elevated within the hours earlier than our announcement,” Brian Armstrong, chief government at Coinbase, mentioned in a weblog put up.

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