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Base Blames Faulty Sequencer for 33-Minute Network Outage

Base Blames Faulty Sequencer for 33-Minute Network Outage

[ad_1] Coinbase’s Ethereum layer-2 blockchain Base stopped producing blocks for 33 minutes on Tuesday after switching to a backup sequencer that wasn’t set up properly to process transactions. The incident began at 6:07 am UTC when the active sequencer started falling behind on block production, prompting Conductor — Base’s system for managing sequencer availability and…

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SEC liquid staking guidance clears ‘last hurdle’ for staking in spot crypto ETFs

SEC liquid staking guidance clears ‘last hurdle’ for staking in spot crypto ETFs

[ad_1] Fresh US Securities and Exchange Commission (SEC) staff guidance on liquid staking is stoking expectations that US regulators will soon allow staking within spot crypto exchange-traded funds (ETFs). Co-founder of The ETF Institute Nate Geraci called the guidance “the last hurdle” before the SEC can approve staking in spot Ethereum (ETH) ETFs. Furthermore, he…

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Warren Buffett Misses $850M in Bitcoin Gains by Sticking to Cash in H1 2025

Warren Buffett Misses $850M in Bitcoin Gains by Sticking to Cash in H1 2025

[ad_1] Key takeaways: Berkshire Hathaway posted a headline profit of $12.3 billion in the second quarter of 2025, according to its latest filings. A closer look reveals a rougher story, however, especially when it comes to missed hedging opportunities from ignoring Bitcoin (BTC). Bitcoin could’ve softened Berkshire’s $4.60 billion equity loss The Warren Buffett-led conglomerate…

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Cango Boosts Bitcoin Mining Output, Adds 650 BTC in July

Cango Boosts Bitcoin Mining Output, Adds 650 BTC in July

[ad_1] Three months after divesting its auto financing unit to focus on Bitcoin mining, Chinese conglomerate Cango (CANG) has significantly ramped up crypto production, indicating that its acquisition of Bitmain mining rigs is enhancing its capacity amid intensifying industry competition. Cango produced 650.5 Bitcoin (BTC) in July, a sharp increase from 450 BTC in June,…

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Philippines SEC Flags 10 Crypto Exchanges for Violations

Philippines SEC Flags 10 Crypto Exchanges for Violations

[ad_1] The Philippines Securities and Exchange Commission (SEC) issued an advisory naming 10 major crypto exchanges, including OKX, Bybit, KuCoin, Kraken and others, for operating without the required authorization under the country’s new crypto regulations. The alert, published on Monday, warned that the platforms continued to offer or promote crypto services to Philippine users despite…

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