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Aug 3: Coinbase's Revenue Milestone, Shiba Inu's DeFi Ambitions, and Robinhood's Crypto Revenue Drop
Description
In today's episode of Daily Crypto News, we dive into the latest happenings in the crypto world. Coinbase celebrates a revenue surge driven by fees, subscriptions, and the USDC stablecoin. Hong Kong grants exchange licenses to Hashkey and OSL, marking a significant step for the crypto industry in the region. Shiba Inu takes strides towards becoming a DeFi contender by adding digital IDs to its ecosystem projects. Alameda-linked coins experience suspicious Twitter bot-induced pumps following their listing on FTX. Circle's market faces a decline as supply hits a two-year low. Elizabeth Warren and Bernie Sanders raise concerns over tax evasion in the crypto space, urging action from the IRS and Treasury. Lastly, Robinhood reports a drop in crypto revenue in their latest earnings report. Stay tuned for more updates on the dynamic and ever-changing crypto landscape!
#CryptoNews #Coinbase #ShibaInu #DeFi #Robinhood #HongKong #Cryptocurrency #Bitcoin #USDC #FTX #IRS #Regulation
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News Links 👇
https://decrypt.co/151047/coinbase-revenue-fees-subscriptions-services-usdc-circle
https://www.dlnews.com/articles/markets/circle-market-decline-since-svb-sees-supply-at-two-year-low/
https://decrypt.co/151061/elizabeth-warren-bernie-sanders-irs-treasury-tax-evasion
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!
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