Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Category: ICO
XRP Jumps 17%, Beating Bitcoin (BTC) Gains, as Ripple-SEC Case Ends
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge
United States District Judge Peter Castel passed the approval on August 7, a filing shows. It did not seek a civil monetary penalty. Source
Donald Trump and Kamala Harris Tied on Polymarket on Who Will Be The Next U.S. President
Over the last month, Trump’s odds of re-taking the White House have declined by 13 percentage points, while Harris’ has increased by 34 percentage points – first as the likely successor to replace Biden in the last days of his campaign, and then as a political rival to Trump. Source
Did Sanctioning Tornado Cash Work?
“We find direct evidence of large builders switching to a cooperative posture following the ruling, giving credence to the idea that clarity around regulation is a pivotal factor to determining whether to cooperate,” the paper said. “With the ruling, we find two builders responsible for over half of the non-cooperative blocks, pointing to significant dependence on a few players to facilitate the settlement of Tornado Cash transactions. This heavy dependence on a few builders reveals a surprising level of fragility in the censorship-resistance of Ethereum.” Source
Brazil’s Securities and Exchange Commission Approves Solana-Based ETF
According to CVM’s database, the Solana-based ETF is in a pre-operational stage, so it has yet to be approved by the Brazilian stock exchange, B3. Exame, a local news organization, added that the product would follow the CME CF Solana Dollar Reference Rate, created by CF Benchmarks with the support of the Chicago Mercantile Exchange (CME). Source
Validation Cloud Supports Stellar Full Archive Nodes, Nillion Partners With AI Network Ritual
Nillion, a blind computation network, announced a partnership with Ritual, a decentralized AI infrastructure network, “to develop decentralized blind AI inference technology that democratizes access to AI.” According to the team: “This collaboration enables traditional and Web3 applications to use Ritual for trustless, verifiable inference of sensitive data through Nillion’s blind computation technology, which ensures data privacy throughout the computation process. The partnership facilitates secure AI model sharing and promises innovations in healthcare, IoT, chatbot systems, and more.” Source
XRP Gains 2% After Ripple Fined Just $125M in SEC Case
“Rather, the Court finds that Ripple’s willingness to push the boundaries of the Order evinces a likelihood that it will eventually (if it has not already) cross the line,” she said. “On balance, the Court finds that there is a reasonable probability of future violations, meriting the issuance of an injunction.” Source
Brazilian Civil Police Dismantles Crypto Laundering Scheme Employed by Drug Gang
The Civil Police of São Paulo, Brazil, dismantled a money laundering scheme managed by the drug gang First Capital Command (PCC) that operated a company operating as a crypto exchange, the police said on X (formerly Twitter) on Tuesday. Source
The Protocol: Death Cross, Dip Buying and Developer Nerves
Bitcoin swooned, and crypto markets followed. Should blockchain-project founders and developers be worried? PLUS: We break down Ronin Network’s $12 million run-in with white-hat hackers. Source