🔔 JUST IN: Judge Orders Ripple to Pay $125M in Penalties, Ending Four-Year Battle with SEC

➡️ Judge Torres has ordered Ripple to pay $125 million in civil penalties and cease any further violations of securities laws, concluding a nearly four-year legal battle with the SEC. The SEC had originally sought a $2 billion penalty.

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https://twitter.com/EleanorTerrett/status/1821276946921345341

🔔 Around $40 million exited the Grayscale Ethereum Trust, now trading as an exchange-traded fund on August 6, according to data from Farside Investors.

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🔔 Ripple, a global leader in blockchain solutions, has forged a new partnership with the DIFC Innovation Hub to promote the use of digital assets and blockchain technology in the UAE.

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🔔 Binance to List Toncoin (TON) with Seed Tag Applied

➡️ Binance will list Toncoin (TON) and open trading for the following pairs on August 8, 2024, at 10:00 UTC: TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY. Deposits are now available, and withdrawals will start on August 9, 2024, at 10:00 UTC.

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https://www.binance.com/en/support/articles/abba626aa0974b828f91c166bdc12afd

Calling all EGLD stakers! A new governance proposal has been put forth for community voting.

Spica gives developers more powerful tools to push the on-chain app experience forward. The proposal for the new important network upgrade is now live for voting on the governance portal:

📪 Vote here

RT: https://x.com/MultiversX/status/1821935486706868657

🔔 Following this week's approval of a Solana ETF in Brazil, experts suggest that a U.S. counterpart is sure to come—but when, exactly, remains unclear.

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🔔 Coinbase Assets announced that it will add Zetachain (ZETACHAIN) and Across Protocol (ACX) to its listing roadmap. ZetaChain is an L1 blockchain and smart contract platform designed for interoperability. Across is an Optimistic-based cross-chain bridging protocol.

👉 https://x.com/CoinbaseAssets/status/1821660171254268064?t=vi3jKZ_OyQS4yjyxmwzYvA&s=19

🔔 Tether aims to double its workforce to 200 by mid-2025. The expansion focuses on compliance and finance departments.

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🔔 Cryptocurrency companies are flocking to Turkey, as evidenced by 47 firms applying for operating licenses under new regulations.

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🔔 Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023.

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🔔 Coinbase’s Chief Legal Officer, Paul Grewal, has given an account of the Freedom of Information Act (FOIA) lawsuit that is being conducted by the U.S SEC and the FDIC.

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🔔 The United States is set to revolutionize its position in the global digital market by introducing a tax-free Bitcoin Digital Economic Zone, as proposed by the USABTC policy group.

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🔔 The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP.

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🔔 The enforcement action taken by the US Federal Reserve against the crypto-friendly Customers Bank has sparked speculation that Kamala Harris’ presidential campaign may not be genuine in its efforts to mend relations with the cryptocurrency industry.

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🔔 Celsius sues Tether, demanding $2.4 billion worth of Bitcoin.

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🔔 SEC has settled fraud charges with electric vehicle company Ideanomics over financial reporting and “misleading the public about the company’s performance.”

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🔔 On Friday, Cathie Wood's Ark Invest sold 400 units each of ARKZ and EETH on August 9, signaling a bearish stance on Ethereum.

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🔔 BitGo CEO Mike Belshe has brushed off claims that Justin Sun’s involvement in its Wrapped Bitcoin business will somehow impact its security or transparency.

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Voting is underway within the community on an improved MultiversX codebase meant to boost the extensibility of blockchain-abstracted applications.

The upgrade helps traditional businesses to move on-chain while keeping the user behavior consistent.

Weekly #multiversxtech 🛠

https://x.com/mihaiiuga3/status/1822648429140472244

🔔 BlackRock’s iShares Ethereum Trust is poised to become the first U.S. spot Ethereum ETF to reach $1 billion in net inflows, marking a significant milestone for the fund.

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🔔 Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade.

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