The regulatory approval followed an October notice from Coinbase saying that the exchange would be investing an undisclosed amount into the Indian exchange. The Competition Commission of India, the regulatory body responsible for promoting fair competition in the country, has approved Coinbase acquiring a minority stake in cryptocurrency platform CoinDCX. In a Tuesday notice, the regulator said it had approved Coinbase Global’s minority stake acquisition in DCX Global Limited, the company behind CoinDCX. Coinbase chief legal officer Paul Grewal confirmed the news in a Wednesday X post, saying it deepened the exchange’s “long-term partnership with one of India’s most established and trusted digital asset platforms.” Neither the regulatory announcement nor Grewal’s post included information about the percentage of Coinbase’s stake in the crypto exchange. Cointelegraph reached out to a Coinbase spokesperson for comment, but had not received a response at the time of publication. Read more
SilkWeb SA, the Romanian company that operates the Gomag e-commerce platform, will end 2025 with EUR5 million revenue, an increase of about 38% compared with 2024, when revenue stood at more than EUR3.6 million and the net profit at almost EUR600,000.
Jito Labs' CEO said the foundation was forced offshore due to hostile regulators under the previous SEC leadership. The Jito Foundation, the nonprofit organization facilitating the development of the Jito platform, said it will return to the United States, citing “clearer rules” for digital assets in the country. Jito is a maximal extractable value (MEV) infrastructure builder for the Solana network. MEV refers to the profit that traders or validators can make by controlling the order, inclusion or exclusion of transactions in a blockchain block. By rearranging transactions before they are confirmed, MEV participants can capitalize on opportunities such as arbitrage or front-running to earn extra fees on transaction rewards. The Jito Foundation was forced to operate overseas due to the debanking of the crypto industry during the so-called Operation Chokepoint 2.0, according to Lucas Bruder, co-founder and CEO of Jito Labs. Bruder, pseudonymously known as “buffalu,” said: Read more
Ночью 17 декабря армия РФ атаковала жилой сектор Кривого Рога.Об этом сообщает "Первый Криворожский" со ссылкой на Управление прессы и внутренней политики Подробнее