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The iShares Ethereum Trust was registered by BlackRock Advisors as a corporate entity in Delaware. News of the filing Thursday morning sent ether soaring to as high as $2,100 – its strongest level since April's Shanghai upgrade. It's since pulled back to $2,006, still ahead 6% for the session. Source
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“Amid rapid technological advancement, self-regulation from leaders of the proof of stake ecosystem is essential,” Evan Weiss, founder of POSA, said in the press release. “The updated POSA principles underscore the ecosystem's commitment to clarity and responsibility, especially in a time of increased scrutiny and misconceptions. Together, we aim to
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Coinbase has expanded its Global Advisory Council with four national security experts, it announced on Nov. 7. The new members will help the cryptocurrency exchange assess the impact of regulatory uncertainty in the United States.The Coinbase council will take on a decidedly more strategic tone with the new members. Mark
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The Ministry of Culture and Information of Kazakhstan has officially confirmed they have blocked the Coinbase website in the country. The authorities of Kazakhstan have been blocking local IPs' access to Coinbase since September at least. According to a Nov. 7 report from a local news outlet, Kursiv, access to the
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The crypto exchange de-listed Bitcoin SV (BSV) in 2021. Now, it's completely removing support for the token. Source
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Coinbase, a cryptocurrency exchange, reported a net loss of $2 million in Q3 2023 despite rising revenue and a drop in trading volume, according to details of the recent shareholders letter circulated on Nov. 2. However, the exchange reduced its net loss compared to the same period last year, which was $545 million. The
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The United States Supreme Court has taken up a legal dispute concerning Coinbase and its users, specifically addressing a significant procedural matter on whether a judge or an arbitrator should decide which contract governs disputes.According to a report from Bloomberg, this issue stems from conflicting agreements between the parties, with
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In two weeks, the total value of assets locked in Solana-based DeFi protocols has declined from 12.03 million SOL to 10.23 million SOL, the lowest since April 2021, according to DefiLlama. TVL, though an imperfect measure, is widely tracked to gauge the usage of smart contracts. Source
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Cryptocurrency exchange Coinbase narrowed its net loss to $2 million in the third quarter, as inotched a year-on-year increase in revenue despite lower trading volumes. The firm’s net loss in Q3 was trimmed from a $545 million net loss in the prior year period, according to a Nov. 2 earnings
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The crypto exchange reported a third-quarter adjusted loss of $0.01 per share, compared to FactSet estimates for a loss of $0.55 per share, marking it the third consecutive earnings beat for Coinbase. Total revenue for the quarter was $674.1 million, beating analyst estimates of $650.9 million. Source
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