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Ripple Execs Criticize SEC’s Amended Binance Complaint, Call It “Hypocrisy”

The U.S. Securities and Exchange Commission (SEC) has drawn sharp criticism from Ripple executives following its decision to amend its complaint against Binance. The SEC's amended filing against Binance focuses on several crypto assets it deems securities, which has led to debates over regulatory...

, by Hassan Shittu

Russian Lawmakers Pass Bill Allowing Select Businesses to Use Crypto in International Trade

Russian lawmakers passed a bill on Tuesday, July 30 allowing businesses to use cryptocurrencies in international trade, a move aimed at circumventing Western sanctions imposed following Russia's invasion of Ukraine.Local media reported that the State Duma, Russia's lower house of parliament, gave...

, by Hassan Shittu

SEC Charges BitClout Founder with Fraud in $257 Million Crypto Scheme

The Securities and Exchange Commission (SEC) has charged BitClout founder Nader Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme through his cryptocurrency trading and social media platform called BitClout and its native token, BTCLT. The SEC said in its compliant...

, by Hassan Shittu

Anoma Foundation Targets $1 Billion Valuation Amid Crypto Funding Surge

Crypto infrastructure provider Anoma Foundation is seeking a $1 billion valuation through a new $40 million funding round. According to a recent Bloomberg report, the Anoma Foundation, based in Zug, Switzerland, is in talks with investors to raise $40 million. Sources who requested anonymity due...

, by Hongji Feng

Starknet’s ZKX Protocol Ceases Operations Due To Financial Struggles

Starknet-based ZKX Protocol will shut down with all markets delisted and funds returned to users due to financial challenges. According to a July 30 social media post by ZKX founder Eduard, the decision to discontinue operations stems from minimal user engagement, low trading volumes, and...

, by Hongji Feng

Bitcoin Price Crashes as US Govt Moves $2Bn in BTC – New Crypto ICOs a Safe Haven?

Bitcoin (BTC) continues its downward trend, currently trading at $65,714. Earlier, BTC was trading above $67,500 but failed to maintain its upward momentum, dropping back to $65,714. This recent price movement has fueled speculation and market volatility, particularly after reports of the...

, by Arslan Butt

Hamster Kombat to Allocate 60% Tokens to Players in its ‘Largest Airdrop in Crypto History’

In what could become one of the most notable token airdrops in recent memory, the team behind the Telegram-based tap-to-earn game Hamster Kombat has released a new whitepaper, providing detailed information about the project's tokenomics and future plans.The Hamster Kombat team said in a new...

, by Hassan Shittu

Bank of England Reveals Plan to Test Wholesale CBDC and Digital Ledger

The Bank of England (BoE) is exploring the potential of DLT and wholesale CBDCs for a more robust financial system. Learn about their planned trials and use cases. Here's the latest.

, by Jimmy Aki

Compound Finance Reaches Truce with Crypto Whale Humpy and The Golden Boys After Governance Dispute

Compound Finance has brokered a truce with the pseudonymous crypto whale Humpy and his group, The Golden Boys, following a heated governance dispute over Proposal 289.This proposal, passed under contentious conditions, sought to allocate $24 million worth of COMP tokens to a yield-bearing protocol...

, by Hassan Shittu

How 1,000 XRP Could Turn into $100,000: Expert Predicts Massive Returns

The price of XRP has jumped by 3.5% in the past hour, racing to $0.6203 amid a combination of promising indicators and SEC speculation. This rise means that XRP is now up by 3% in a week and by 30% in a month, although the popular altcoin – the sixth-biggest in the market – is...

, by Simon Chandler

Artists Sue SEC to Clarify Regulatory Authority Over NFTs

In a significant legal development, two artists have filed a lawsuit against the United States Securities and Exchange Commission (SEC) seeking judicial clarification on whether the agency has authority over non-fungible tokens (NFTs). Artist and Law professor Brian Frye and songwriter Jonathan...

, by Hassan Shittu

Citron Research Founder Pleads Not Guilty to Securities Fraud Charges, Faces $5 Million Bond

Andrew Left, the founder of Citron Research, has pleaded not guilty to a series of federal securities fraud charges. These allegations, brought by the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC), accuse Left of manipulating stock markets for personal gain...

, by Hassan Shittu

FCA Coinbase ‘One-Off’ Fine is Not a Crypto Industry Crackdown

The recent Financial Conduct Authority (FCA) enforcement action against the UK-based arm of Coinbase was a “one-off,” according to a legal expert.

, by Harvey Hunter

Crypto Ecosystem Lost $269M to Hackers in July, 87% Stolen in Single CeFi Hack

In July 2024, the crypto ecosystem lost $269.5 million in hacks, while CeFi surpassed DeFi with a single incident.

, by Sead Fadilpašić

Mt. Gox Creditors Receive Nearly Half of Owed Bitcoin and Hold: Glassnode

Nearly half of the Bitcoin owed to Mt. Gox creditors has been distributed, with many creditors holding onto their coins.

, by Ruholamin Haqshanas

Tron Outperforms Ethereum in Terms of Revenue, Generating $1.42M in Past Day

The Tron blockchain has outpaced Ethereum in terms of revenue, accruing $1.42 million over the last 24 hours.

, by Ruholamin Haqshanas

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