Austin Weinstein / Bloomberg: The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 15%+  —  The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules. Lees verder op Tech Meme

Scharon Harding / Ars Technica: Counterfeit tech scams run amok on Walmart and eBay because the platforms, despite their resources, have failed to properly vet sellers and products  —  If I can spot a fake SSD, why can’t Walmart?  —  Online retailers that host third-party sellers, like Amazon and Walmart, have extensive, competitively priced electronics selections. Lees verder op Tech Meme

Sarah McBride / Bloomberg: Enterprise software startup Instabase raised $45M led by Tribe Capital at a $2B valuation, after raising $105M at a $1.05B valuation in October 2019  —  Business services startup Instabase Inc. has raised a new round of funding that doubles its valuation to $2 billion, a deal buoyed … Lees verder op Tech Meme