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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