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Pavel Durov reported that Verb Technology, which is preparing to rebrand as TON Strategy, entered the American stock exchange and is sending $558 million to purchase Toncoin as a long-term reserve without selling the asset.
On the first day, the company's shares doubled, the capitalization exceeded $1 billion.
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Critics argue that the fee move signals a shift towards traditional banking practices. The fee changes come amid growing dissatisfaction with Coinbase, including complaints of account freezes and poor customer service.
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Some companies are experiencing the negative impact of Trump's tariff policies. For example, Bitcoin miner Greenidge to sell Mississippi facility for $3.9 million amid financial strain and Trump's latest tariff overhaul.
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