Coinbase said it’s blocked more than 25,000 accounts it believes are linked to illegal activity in Russia as the company made the pitch that crypto and blockchain technologies would actually help promote compliance with global sanctions. Paul Grewal, the company’s chief legal officer, made the disclosure in a blog post on Monday outlining Coinbase’s recent efforts to comply with sanctions...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.
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