Weekly Roundup 05/19/23 (Texas PoR bill, the Hinman test revisited, what's up with Worldcoin?) (EP.426)
On The Brink with Castle Island
Cryptocurrency Hedge Funds
Coinbase today announced their Coinbase 1 subscription product, which gives you access to zero fee trading and better staking rewards. Kind of an interesting move. You don't see a lot of crypto hedge funds going out and purchasing open market securities like that. The company's stock has just gotten beaten up, not investment advice. But you can see why this might make sense.
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