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Coinbase to Leave Delaware for Bitcoin-Friendly Texas

Coinbase, the leading cryptocurrency exchange in the U.S., has decided to move its incorporation from Delaware to Texas, citing Texas's business-friendly regulations and culture supporting innovation as key factors. The company's Chief Legal Officer Paul Grewal noted that Delaware's once reliable legal structure has become unpredictable, prompting the shift to Texas, which offers more consistency in corporate law following recent reforms. CEO Brian Armstrong emphasized the importance of economic freedom in the choice of state for incorporation, highlighting Texas's celebration of entrepreneurial spirit and its embrace of cryptocurrency. This move aligns with a trend of other major companies relocating to Texas for similar reasons. Coinbase currently allows users to buy, sell, and bet on digital currencies and has seen recent financial developments, including a partnership with JPMorganChase to simplify crypto transactions.

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Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

Shares of VisionSys AI, a brain-machine and AI firm, fell over 77% in one day following its announcement of a registered direct offering intended to raise around $12 million. This significant decline marks an 88% drop over the past week, with current shares priced at $0.29. The company, which

Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

VisionSys AI (VSA), a publicly traded brain-machine and artificial intelligence company, recently announced a stock offering that sent its shares plummeting by more than 77%. Following the news, VSA stock dropped to approximately $0.29, reflecting a staggering decline of over 88% in just a week. The firm had ambitious

Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

Shares in VisionSys AI (VSA), a firm focused on brain-machine interface technology, plummeted by over 77% on Wednesday following the announcement of a stock offering aimed at raising approximately $12 million. The stock has fallen more than 88% over the past week, trading at about $0.29 per share, the

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