SEC to seek interlocutory appeal in Ripple Case
10.8.2023
The SEC's interlocutory appeal comes nearly a month after Judge Analisa Torre's laid out her non-final ruling
The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software
10.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...
Putin and Ramaphosa Discuss BRICS Summit, Trade and Cooperation; Russian President to Join via Video Link
10.8.2023
Russian president Vladimir Putin and South African president Cyril Ramaphosa recently addressed cooperation, trade, and preparations for the upcoming BRICS summit. The two leaders conversed about practical cooperation and the expansion of the organization, reflecting a shared commitment...
SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says
9.8.2023
The U.S. Securities and Exchange Commission (SEC) said it would file an "interlocutory appeal" of a judge's ruling on Ripple's programmatic sales of XRP, the regulator said in a court filing Wednesday
Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry
9.8.2023
Riot reported its second-quarter earnings after the close on Wednesday
Fireblocks Discloses ‘Zero Day’ Vulnerabilities Impacting Leading MPC Wallets
9.8.2023
It’s unlikely users were impacted by the vulnerabilities – collectively referred to as “BitForge” – but Fireblocks says they could’ve let hackers “drain funds from the wallets of millions of retail and institutional customers in seconds” if left unfixed
Best Crypto to Buy Now 9 August – Rollbit Coin, Toncoin, Hedera
9.8.2023
The United States Federal Reserve announced on Tuesday an enhanced oversight program concerning lenders' interactions with cryptocurrencies.
This decision follows a string of measures from U.S. regulators designed to curtail banks’ direct involvement in cryptocurrencies.
In light of this...
Federal judge suggests Q2 2024 trial for SEC case against Ripple execs
9.8.2023
Aiming for a jury trial to start between April 1 and June 30, 2024, Judge Analisa Torres laid out deadlines for the SEC and Ripple defense lawyers to submit certain motions
Base network has officially launched: Here's how it can be used
9.8.2023
Coinbase's Base network completed its phased launch on Aug. 9, and is officially open to end-users
FTX’s Sam Bankman-Fried to Face Campaign Finance Charge, Prosecutors Say
9.8.2023
Founder of failed crypto exchange FTX, Sam Bankman-Fried, will be held accountable for alleged campaign finance violations, U.S. prosecutors indicated on Tuesday. The charge was dropped earlier because the extradition treaty with the Bahamas prevents adding further charges without prior permission...
Legendary trader bullish on BTC despite drop, TOADS spearheading altcoin season in 2023
9.8.2023
Despite the recent drop in the well-known Bitcoin (BTC) value, Henrik Zeberg, a legendary cryptocurrency trader, is steadfastly bullish on its future price surge. He has foreseen the potential for BTC to rebound and continue its upward trajectory in the decentralized finance (DeFi) space. While...
Bitcoin Lightning Network is growing, but 3 major challenges remain
9.8.2023
The Lightning Network is growing, but liquidity issues and a need for greater user awareness continue to hinder mainstream adoption