Aug 3: Coinbase's Revenue Milestone, Shiba Inu's DeFi Ambitions, and Robinhood's Crypto Revenue Drop

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/regulation/hashkey-exchange-and-osl-get-exchange-licences-in-hong-kong/

https://www.coindesk.com/tech/2023/08/03/shiba-inu-take-steps-to-become-defi-contender-will-add-digital-ids-to-ecosystem-projects/

https://www.coindesk.com/tech/2023/08/03/alameda-linked-coins-pumped-by-twitter-bots-after-ftx-listing-report-shows/

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

https://www.theblock.co/post/242875/robinhood-reports-drop-in-crypto-revenue-in-latest-earnings-report

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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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