EddieJayonCrypto

 19 Feb 24

tl;dr

1. Coinbase Commerce Changes • Coinbase Commerce removes support for Bitcoin and UTXO. • Plans integration with Solana and Lightning Network. • Stock price surges after changes. 2. FTX Digital Markets Reimbursement • Steps taken to reimburse locked customer funds. • Invitation for customers and cr...

1. Coinbase Commerce Changes
• Coinbase Commerce removes support for Bitcoin and UTXO.
• Plans integration with Solana and Lightning Network.
• Stock price surges after changes.

2. FTX Digital Markets Reimbursement
• Steps taken to reimburse locked customer funds.
• Invitation for customers and creditors to submit claims.
• Shift in focus from relaunching to repayment programs due to lack of funds.

3. Ethereum's Technological Advancements with Verkle Trees
• Vitalik Buterin anticipates benefits of Verkle trees on Ethereum.
• Expected improvements in disk space usage, sync time, and decentralization.

4. Leadership Changes and Regulatory Focus
• Navin Gupta becomes CEO of Crystal Blockchain - blockchain intelligence.
• Ripple's focus on global expansion amidst regulatory challenges.
• Industry's efforts to stay updated on evolving crypto regulations.

5. Market Trends and Institutional Actions
• Outflows from GBTC due to emergence of lower-fee Bitcoin ETFs.
• ARK Invest sells Coinbase shares worth $90 million after Q4 results.
• South Korea's People Power Party proposes crypto tax postponement until 2027.

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Disclaimer

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