Coinbase Earnings Drop: Here's Why It Matters
Despite a 15% drop in shares due to falling revenues, analysts believe Coinbase is well-positioned for long-term growth.
Source: theblock.co —
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Ethereum Transaction Volume Surges to $240 Billion
In July, Ethereum's onchain transaction volume surged to over $238 billion, marking a near four-year high with record transactions.
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Rep. Dina Titus Calls for CFTC Chair Nominee Probe
Rep. Dina Titus is urging an investigation into CFTC chair nominee Brian Quintenz over concerns regarding his ties to prediction markets.
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Source: theblock.co —
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Mike Cagney's Figure Technology Drafts IPO Submission
Mike Cagney's Figure Technology has submitted a draft IPO registration with the SEC, aiming to enter the public market this year.
Source: theblock.co —
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Bitcoin Surges Past $115K: Latest Crypto News
Bitcoin has rebounded above $115,000, while key developments include Bullish filing for an IPO and significant layoffs at Lido.
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Barry Silbert Returns to Grayscale as Chairman
Grayscale Investments has welcomed back founder Barry Silbert as chairman, alongside four new senior executives, as the firm moves toward going public.
Source: theblock.co —
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Credix Promises Full Refund After $4.5M Security Breach
Credix, a decentralized credit protocol, experienced a $4.5 million exploit but promises full reimbursement to its users within 24-48 hours.
Source: theblock.co —
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Verb Technology to Create $558M TON Treasury
Verb Technology is pivoting as TON Strategy Co. to raise $558 million for Toncoin, aiming for significant staking rewards and market presence.
Source: theblock.co —
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Pantera Capital Funds OpenMind's Robot OS
Pantera Capital leads a $20 million funding for OpenMind, aiming to create an open-source OS for robots.
Source: theblock.co —
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Bernstein: SEC's Project Crypto Could Transform Wall Street
Bernstein analysts believe that the SEC's Project Crypto could transform U.S. securities regulations and spark innovation in blockchain finance.
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Ethena’s USDe Surges to Third-Largest Stablecoin
Ethena's USDe has rapidly risen to become the third-largest stablecoin, with a market cap growth of 75% in recent weeks.
Source: theblock.co —
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CFTC Launches 'Crypto Sprint' Initiative
The CFTC initiates a 'Crypto Sprint' to implement the White House's digital asset roadmap, promoting innovation in the crypto space.
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Crypto Funds Report $223M Outflows - CoinShares
Crypto funds experienced $223 million in outflows last week, breaking a 15-week inflow streak due to profit-taking and market signals.
Source: theblock.co —
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Lido Reduces Workforce by 15% for Sustainability
Lido has announced a 15% reduction in its workforce to ensure long-term sustainability amidst a growth-focused strategy.
Source: theblock.co —
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