XRP Lawsuit: John Deaton Concurs “The SEC Harmed a Lot of Innocent People” Pursuing the Ripple Case
John Deaton, a prominent pro-Ripple lawyer representing over 75,000 individuals affected by the SEC v. Ripple case, has spoken out against the U.S. Securities and Exchange Commission’s (SEC) actions in the lawsuit against Ripple Labs and co-defendants.
Deaton’s remarks followed the publication of an article titled “The SEC Is Not the King” by the American policy website RealClearPolicy (RCPC) on Thursday, which shed light on the high-profile case.
John Deaton, a prominent pro-Ripple lawyer representing over 75,000 individuals affected by the SEC v. Ripple case, has spoken out against the U.S. Securities and Exchange Commission’s (SEC) actions in the lawsuit against Ripple Labs and co-defendants.
Deaton’s remarks followed the publication of an article titled “The SEC Is Not the King” by the American policy website RealClearPolicy (RCPC) on Thursday, which shed light on the high-profile case.
Bitcoin Flips Ethereum for the First Time in 24-Hour NFT Sales Shift
On Wednesday, November 8, 2023, the Bitcoin blockchain saw its non-fungible token (NFT) asset sales surpass those on the Ethereum platform, marking a historic shift during a single-day span. According to the analytics provided by cryptoslam.io, Bitcoin-based NFT transactions amounted to $17.17 million, eclipsing the $15.77 million in Ethereum NFT sales recorded during the 24-hour period.
Bitcoin’s NFT Sales Eclipse Ethereum in Single-Day SurgeThe trend for Bitcoin NFT transactions has seen an upward trajectory lately, and just three days ago, Bitcoin.com News highlighted that Bitcoin had secured the runner-up spot for NFT sales across a week. In a significant first, Bitcoin’s Ordinal inscriptions, its unique brand of NFTs, exceeded Ethereum’s sales over a 24-hour time frame on Wednesday.
On Wednesday, November 8, 2023, the Bitcoin blockchain saw its non-fungible token (NFT) asset sales surpass those on the Ethereum platform, marking a historic shift during a single-day span. According to the analytics provided by cryptoslam.io, Bitcoin-based NFT transactions amounted to $17.17 million, eclipsing the $15.77 million in Ethereum NFT sales recorded during the 24-hour period.
Bitcoin’s NFT Sales Eclipse Ethereum in Single-Day SurgeThe trend for Bitcoin NFT transactions has seen an upward trajectory lately, and just three days ago, Bitcoin.com News highlighted that Bitcoin had secured the runner-up spot for NFT sales across a week. In a significant first, Bitcoin’s Ordinal inscriptions, its unique brand of NFTs, exceeded Ethereum’s sales over a 24-hour time frame on Wednesday.
Cardano (ADA) Price Analysis: Bulls Remain In Control Above $0.55
Cardano’s price is consolidating above $0.550 against the US Dollar, like Bitcoin. ADA price could resume its rally if there is a clear move above the $0.620 resistance.
Cardano Price (ADA) AnalysisIn the past few weeks, Cardano’s price started a steady increase above the $0.550 resistance zone against the US Dollar. The ADA/USD pair gained pace for a move above the $0.600 and $0.620 levels.
The price tested the $0.700 zone. The recent high was formed near $0.6950 and the price corrected lower. There was a move below the $0.620 support zone. The price dipped below the 50% Fib retracement level of the upward move from the $0.5094 swing low to the $0.6950 high.
Cardano’s price is consolidating above $0.550 against the US Dollar, like Bitcoin. ADA price could resume its rally if there is a clear move above the $0.620 resistance.
Cardano Price (ADA) AnalysisIn the past few weeks, Cardano’s price started a steady increase above the $0.550 resistance zone against the US Dollar. The ADA/USD pair gained pace for a move above the $0.600 and $0.620 levels.
The price tested the $0.700 zone. The recent high was formed near $0.6950 and the price corrected lower. There was a move below the $0.620 support zone. The price dipped below the 50% Fib retracement level of the upward move from the $0.5094 swing low to the $0.6950 high.
Crypto Lender Abra to Return Assets to Texas Investors
Following regulatory scrutiny, crypto lender Abra has agreed to a settlement. The settlement, which focuses on Abra’s alleged unregistered securities offerings, will see the company returning assets to Texan investors.
Abra Agrees to Refund Texas Investors in Settlement Over Crypto OfferingsThe Texas State Securities Board (TSSB) has reached a settlement in principle with crypto lender Abra, following allegations of unregistered securities offerings. As per the agreement, Abra will return assets to Texan investors, with an opportunity for other U.S. clients to reclaim their investments.
Securities Commissioner Travis J. Iles announced the settlement, highlighting the resolution of concerns regarding Abra’s interest-bearing cryptocurrency products, Abra Boost and Abra Earn. The enforcement actions, led by the Texas State Securities Board’s Enforcement Director Joe Rotunda, accused Abra and its affiliates of offering these products without proper registration, potentially putting investors at risk.
Following regulatory scrutiny, crypto lender Abra has agreed to a settlement. The settlement, which focuses on Abra’s alleged unregistered securities offerings, will see the company returning assets to Texan investors.
Abra Agrees to Refund Texas Investors in Settlement Over Crypto OfferingsThe Texas State Securities Board (TSSB) has reached a settlement in principle with crypto lender Abra, following allegations of unregistered securities offerings. As per the agreement, Abra will return assets to Texan investors, with an opportunity for other U.S. clients to reclaim their investments.
Securities Commissioner Travis J. Iles announced the settlement, highlighting the resolution of concerns regarding Abra’s interest-bearing cryptocurrency products, Abra Boost and Abra Earn. The enforcement actions, led by the Texas State Securities Board’s Enforcement Director Joe Rotunda, accused Abra and its affiliates of offering these products without proper registration, potentially putting investors at risk.
Taki Games and NFT Studio Two3 Labs Launch ‘Puzzle Smoofs’ Game To Drive Mainstream Adoption of Web 3.0
February 29, 2024 – Singapore, Singapore
Taki Games, the leading social gaming network that allows users to earn real money rewards, is teaming up with the cross-chain Web 3.0 entertainment studio Two3 Labs to create and launch a highly-addictive mobile game that utilizes the popular Smoofs NFT collection.While the ‘Puzzle Smoofs’ game is currently in development, the team has been progressing rapidly and expects to launch it on the Taki Games network in March 2024.
The launch of Puzzle Smoofs adds to a fast-growing library of games on the Taki Network, where it will sit alongside popular Web 3.0-branded titles such as Game7 Food Fighter and Pac-Cats.
February 29, 2024 – Singapore, Singapore
Taki Games, the leading social gaming network that allows users to earn real money rewards, is teaming up with the cross-chain Web 3.0 entertainment studio Two3 Labs to create and launch a highly-addictive mobile game that utilizes the popular Smoofs NFT collection.While the ‘Puzzle Smoofs’ game is currently in development, the team has been progressing rapidly and expects to launch it on the Taki Games network in March 2024.
The launch of Puzzle Smoofs adds to a fast-growing library of games on the Taki Network, where it will sit alongside popular Web 3.0-branded titles such as Game7 Food Fighter and Pac-Cats.
S&P Global Downgrades Five US Banks, Warns Lenders Hold Billions of Dollars in Loans That May Face ‘Material Deterioration’
Standard & Poors (S&P) just downgraded five more regional banks as pain in the sector continues to spread.
In a new outlook report, S&P says it’s downgrading First Commonwealth Financial Corp., M&T Bank Corp., Synovus Financial Corp., Trustmark Corp. and Valley National Bancorp.
Standard & Poors (S&P) just downgraded five more regional banks as pain in the sector continues to spread.
In a new outlook report, S&P says it’s downgrading First Commonwealth Financial Corp., M&T Bank Corp., Synovus Financial Corp., Trustmark Corp. and Valley National Bancorp.
Coinbase in Hot Water Over Legal Issues, BlockDAG’s Presale Skyrockets to $27.7M, Bitcoin Cash Gears Up for Major Halving
The cryptocurrency landscape is marked by both burgeoning opportunities and significant challenges. As Coinbase grapples with legal disputes that underscore the volatile nature of digital currencies, Bitcoin Cash gears up for potential growth spurred by its anticipated halving event. Amid these dynamics, BlockDAG capitalizes on its innovative blockchain and Directed Acyclic Graph (DAG) technology integration, aiming for long-term dominance in the market.
Coinbase’s Regulatory Hurdles
The cryptocurrency landscape is marked by both burgeoning opportunities and significant challenges. As Coinbase grapples with legal disputes that underscore the volatile nature of digital currencies, Bitcoin Cash gears up for potential growth spurred by its anticipated halving event. Amid these dynamics, BlockDAG capitalizes on its innovative blockchain and Directed Acyclic Graph (DAG) technology integration, aiming for long-term dominance in the market.
Coinbase’s Regulatory Hurdles
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
US Government Offers $5,000,000 Reward for Info on Missing ‘Cryptoqueen’ Behind Infamous OneCoin Scheme
The U.S. Department of State is offering up to $5,000,000 in rewards for information on one of crypto’s biggest mysteries.
In a statement, the government says it’s looking for information from the public that would lead to the arrest and/or conviction of German national Ruja Ignatova, one of the key players behind the OneCoin scheme.
The U.S. Department of State is offering up to $5,000,000 in rewards for information on one of crypto’s biggest mysteries.
In a statement, the government says it’s looking for information from the public that would lead to the arrest and/or conviction of German national Ruja Ignatova, one of the key players behind the OneCoin scheme.
W3GG Announces Exclusive Community Round Private Sale to Empower Gamers and Developers
Singapore, Singapore—W3GG, a leading force in the Web3 space, is announcing the exclusive and limited private sale of its W3GG token in July for its community members. W3GG has significantly impacted the Web3 gaming space and is backed by industry giants like IVC, YGG, Animoca Brands, and 200 others.
The company has been instrumental in pushing the growth of Web3 gaming, investing in over 70 games that are changing the landscape, including Dark Times, Heroes of Mavia, APEIRON, and Nyan Heroes. This significant event marks a pivotal moment in W3GG’s mission to support the Web3 gaming ecosystem, empowering gamers and game studios.
Singapore, Singapore—W3GG, a leading force in the Web3 space, is announcing the exclusive and limited private sale of its W3GG token in July for its community members. W3GG has significantly impacted the Web3 gaming space and is backed by industry giants like IVC, YGG, Animoca Brands, and 200 others.
The company has been instrumental in pushing the growth of Web3 gaming, investing in over 70 games that are changing the landscape, including Dark Times, Heroes of Mavia, APEIRON, and Nyan Heroes. This significant event marks a pivotal moment in W3GG’s mission to support the Web3 gaming ecosystem, empowering gamers and game studios.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
Bitcoin Whales Moved 84,000 BTC from Exchanges in July, Highest in 9 Years
Bitcoin (BTC) has struggled to maintain stability as August begins, with the asset enduring its largest single-day price drop in over a month on Friday.
The recent volatility, especially over the past month, is largely attributed to concerns about a potential sell-off by Mt. Gox creditors, ongoing BTC sales by the German government, and escalating global geopolitical uncertainties, particularly surrounding the upcoming U.S. presidential elections.
Bitcoin (BTC) has struggled to maintain stability as August begins, with the asset enduring its largest single-day price drop in over a month on Friday.
The recent volatility, especially over the past month, is largely attributed to concerns about a potential sell-off by Mt. Gox creditors, ongoing BTC sales by the German government, and escalating global geopolitical uncertainties, particularly surrounding the upcoming U.S. presidential elections.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Metaplanet Expands Bitcoin Holdings with New Purchase
Japanese investment firm Metaplanet Inc. has announced the acquisition of an additional 38.464 bitcoins, valued at approximately 300 million yen ($2 million). This new acquisition takes their total bitcoin reserves to 398,832 BTC, valued at roughly 3.75 billion yen ($26 million).
After such a report, Metaplanet’s shares increased by 4.42% in Japan. According to Yahoo Finance, the stock was last in the range of 1,086 yen; the highest price level it touched in today’s trading session was approximately 2,000 yen. The profitability of the stocks also did not record a dramatic change during the period, posting a slight gain of 0.02% in the Nikkei 225 index.
Japanese investment firm Metaplanet Inc. has announced the acquisition of an additional 38.464 bitcoins, valued at approximately 300 million yen ($2 million). This new acquisition takes their total bitcoin reserves to 398,832 BTC, valued at roughly 3.75 billion yen ($26 million).
After such a report, Metaplanet’s shares increased by 4.42% in Japan. According to Yahoo Finance, the stock was last in the range of 1,086 yen; the highest price level it touched in today’s trading session was approximately 2,000 yen. The profitability of the stocks also did not record a dramatic change during the period, posting a slight gain of 0.02% in the Nikkei 225 index.
The new big memcoin on SunPump is gaining momentum
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
sunpump.meme
Sun Pump
The First Meme Fair Launch Platform on Tron:swap,earn,meme culture,instantly tradable without having to seed liquidity
XRP Ledger Sees Explosion in Address Activity Amid High-Risk Crypto Loans Hitting 2-Year High
As the need for energy-efficient, low-cost, and fast payments increases, XRP Ledger is witnessing growing demand.
Calling out this development leading on-chain metrics provider Santiment acknowledged, “XRP Ledger has spiked in active wallets significantly, reaching 35,799 unique wallets making at least one transfer in a single day, the highest in over 3 months. Additionally, 3,858 new wallets were created in a single day, the highest amount in over 7 months.”
As the need for energy-efficient, low-cost, and fast payments increases, XRP Ledger is witnessing growing demand.
Calling out this development leading on-chain metrics provider Santiment acknowledged, “XRP Ledger has spiked in active wallets significantly, reaching 35,799 unique wallets making at least one transfer in a single day, the highest in over 3 months. Additionally, 3,858 new wallets were created in a single day, the highest amount in over 7 months.”