Coinbase Lawsuit, Alpaca Shutdown, Lagrange Airdrop
Happy Monday! While many enjoy a holiday in the UK and the United States, Strategy seizes the moment to buy more Bitcoin. In today's updates: Coinbase faces a lawsuit due to a stock drop linked to a data breach. Meanwhile, Alpaca Finance is closing operations following Binance's delisting of ALPACA. Lagrange Labs is planning an airdrop for its new LA token. Strategy, previously known as MicroStrategy, has acquired 4,020 additional BTC for $427 million. Crypto investment products saw $3.3 billion in inflows last week. Stay informed with The Block’s daily digest of crucial crypto happenings.
FAQ
❓ Why is Coinbase being sued?
Coinbase is being sued because its stock price fell due to alleged undisclosed issues connected to a data breach.
❓ What is happening with Alpaca Finance?
Alpaca Finance announced it will shut down all its products after the ALPACA token was delisted by Binance.
❓ What is Lagrange Labs planning?
Lagrange Labs plans to conduct an airdrop for its new LA utility token.