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Nvidia announced third-quarter revenue for 2023 of $18.12 billion, a company record, with the firm’s market cap now reaching $1.22 trillion.The better-than-expected earnings follow a 12-month growth trend, during which the company saw earnings increase by 34% over the last quarter and 206% over Q3 2022. While the company beat
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United States-based cryptocurrency exchange Coinbase has renewed its call to compel the Securities and Exchange Commission (SEC) to respond to the company’s petition to create rules on crypto, using the regulator’s recent enforcement action against Kraken to back up its claims.In a Nov. 22 filing in the U.S. Court of
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On the 15th anniversary of Bitcoin white paper release, Canadian Member of Parliament (MP) Joël Lightbound took the opportunity to thank the pseudo-anonymous creator Satoshi Nakamoto on the floor of the Canadian parliament while advocating for people to study Bitcoin.During his speech on the parliament floor, Lightbound disclosed that he
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Decentralized finance project Yield Protocol said all borrowing and lending operations would end by Dec. 31, 2023. Yield Protocol, which raised $10 million backed by Paradigm, Framework Ventures, and other venture capitalists, is the latest defi project to shutdown. In an X thread on Tuesday, Oct. 3, Yield Protocol said the decision
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The U.S. Securities and Exchange Commission (SEC) argues that the issues raised by the recent court order in favor of Ripple Labs and its native token, XRP, represent complex legal challenges that warrant an appeal of the ruling. The SEC opposes the court’s verdict and has clarified that these “knotty legal
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Binance cryptocurrency exchange customers are allegedly facing troubles with fiat withdrawals in Europe due to issues related to the Single Euro Payments Area (SEPA) transfers.The exchange has allegedly suspended euro withdrawals and deposits via SEPA, Binance’s customer support wrote in a now-deleted message on X (formerly Twitter) on Aug. 20.In the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance Connect, a platform where users can process fiat-to-crypto payments, is shutting down today on Aug. 16. The decision follows a shift in market dynamics and user requirements, as conveyed by a Binance spokesperson. Binance is the world’s
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Amid discussions around the falling interest in Worldcoin —the blockchain project dedicated to building a user identity network — its co-founder Sam Altman shared a video that shows people in Japan lined up to give away their iris scans in exchange for “free” Worldcoin (WLD) tokens.A video shared by Altman shows a
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United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and resources” aimed at addressing misconduct in the crypto space in the regulator’s 2024 budget request.In prepared testimony for a July 19 hearing of the Subcommittee on Financial Services and General Government with the
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The SEC employed 4,685 people in 2023, with roughly half focusing on enforcement and examinations duties, according to data Gensler shared in his remarks. The additional funding would help the agency add 170 positions to its teams, in addition to providing full-year funding for staff members hired in 2023, potentially
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