Here’s what happened in crypto today
In today's crypto news, Coinbase has emerged as the largest node operator on the Ethereum network, holding an 11.42% stake in staked Ether. The exchange controls approximately 3.84 million Ether, valued at around $6.8 billion. In another significant development, Solana Labs CEO Anatoly Yakovenko expressed regret over a controversial advertisement that received backlash for its portrayal of gender identity, admitting it was inappropriate and harmful. Lastly, crypto lawyer John Deaton stated that the SEC's claims against Ripple concerning the XRP token being a security are now ineffective, emphasizing that XRP is a digital commodity. This marks a pivotal moment for the regulatory landscape in the crypto industry, with implications for the future of digital assets.
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