Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud Claims

DCG called Gemini’s July complaint a continuation of a “public relations campaign” carried out by the exchange’s owners, Cameron and Tyler Winklevoss.Source

DeGods Sales Leap as Artwork Evolution Is Unveiled

Early Thursday morning, the popular NFT project shared its plans for “Season III,” sending DeGods’ sales soaring. In the past 24 hours, trading volume increased nearly 200% to 1,359 ETH, or about $2.5 million.Source

What in the World Is Going on With Crypto Regulation?

Regulatory clarity has fueled crypto bull markets, demonstrated by Japan’s 2016 adoption of crypto as payment and OCC’s 2020 endorsement of crypto engagement. While global strides in clear crypto regulations are evident, particularly in Hong Kong, EU and UK, the US lags, emphasizing the need for enhanced regulatory certainty in the industry’s advancement.Source

Curve Token Climbs After Binance Labs Commits to $5M Investment

The decentralized exchange, which suffered a $70 million hack last month, will also consider deploying to the BNB Chain.Source

Coinbase’s Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day

However, nearly $166 million had already flowed to the blockchain ahead of the official launch.Source

After Co-Founding Salesforce’s Web3 Studio, Mathew Sweezey Is Bullish on Smart Tokens

The former Salesforce executive who entered Web3 during the NFT boom of 2021 sees smart tokens, aka the ERC-5169 token standard, as a gateway for companies to create new digital ownership opportunities.Source

ChatGPT-Based Search Function Goes Live on Blockchain Encyclopedia IQ.wiki

IQ GPT will help fight misinformation in the crypto space and onboard new users.Source

SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says

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.Source

Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry

Riot reported its second-quarter earnings after the close on Wednesday.Source

Fireblocks Discloses ‘Zero Day’ Vulnerabilities Impacting Leading MPC Wallets

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.Source