Exchanges

The ongoing litigation against Coinbase’s staking program by five U.S. states presents a concerning snapshot of regulatory overreach in the rapidly evolving world of cryptocurrency. While the intent may be to protect consumers, these legal actions stifle innovation and limit opportunities for individual investors. States like California, New Jersey, Maryland, Washington, and Wisconsin seem to
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In a striking maneuver that could reshape its operational landscape, Riot Platforms has secured a $100 million credit agreement with Coinbase by leveraging its impressive Bitcoin stash as collateral. This credit facility, structured with a staggered withdrawal over a two-month horizon, aims to bolster the company’s pursuit of aggressive expansion and key corporate initiatives. With
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The Alabama Securities Commission’s decision to withdraw its legal action against Coinbase unveils deeper ramifications than merely trimming down the number of active lawsuits from ten to five. This strategic maneuver appears to reflect an evolving landscape of regulatory compliance intertwined with the crypto industry, suggesting that states are recognizing the necessity of adapting to
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In a significant pivot towards a future that prioritizes operational efficiency, Bybit has announced its decision to phase out several Web3 services by the end of May 2025. This development is indicative of a broader trend among cryptocurrency exchanges, where adaptability and innovation are becoming essential in a market characterized by volatility and rapid technological
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On April 15, a disruptive outage at Amazon Web Services (AWS) unraveled a troubling reality within the crypto sector: its pervasive reliance on centralized infrastructure. While AWS remains a powerhouse in the cloud services market, serving numerous enterprises, the cascading failures caused by a power interruption at AWS raised serious questions about the industry’s future.
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