Wednesday, September 27, 2023
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Coinbase-backed Base Catches Up with Top Layer 2 Ether Chains after Hitting Almost 2M Daily Transactions

Last week, the Base Layer 2 network hit its ATH in daily transactions of about 1.88 million, higher than Optimism and Arbitrum combined. Coinbase Global Inc (NASDAQ: COIN) launched its Ethereum-based layer two (L2) network dubbed Base earlier in August. Less than two months later, the layer two network has registered

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Hong Kong retains top crypto-ready position for two consecutive years

Hong Kong was crowned the best-prepared jurisdiction for widespread cryptocurrency adoption in 2023, retaining its crypto-readiness prowess for the second year in a row. A study factoring in the existence and reach of crypto — via ATMs, businesses, accessibility and legality — revealed stiff competition among the 2022 leaders as Hong

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Two more top executives depart Binance.US amid layoffs, SEC action: Report

Two more top executives are leaving Binance.US, one day after the departure of CEO Brian Shroder and the layoff of a third of its staff, The Wall Street Journal reported. Binance.US is the United States offshoot of the international cryptocurrency exchange. Head of legal Krishna Juvvadi and chief risk officer

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Top Senate Democrat Brown Tells Gensler, Yellen, Behnam to Use Powers to Address Crypto

“Ultimately, inadequate disclosures persist because opacity serves sponsors, executives, and other crypto industry insiders,” Brown argued. “It is far easier to profit when customers are left in the dark. That’s why the crypto companies resist real transparency and try to force Americans to accept the paltry, self-serving disclosures endemic to

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