XRP Ruling Needs Appeals Court Review, SEC Says

The U.S. Securities and Exchange Commission (SEC) asked for permission to appeal a federal judge’s ruling that XRP sales through exchanges didn’t violate securities law, a day after the judge said the SEC could present its argument.Source

Consensus 2024 by CoinDesk

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Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps

JPEG’d DAO voters are deciding how to account for a $1 million bounty.Source

Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

BTC slipped below $26,000 amid the crypto market mayhem.Source

Saying Goodbye to The Airdrop

But CoinDesk is not abandoning Web3 content.Source

First Mover Americas: Bitcoin Tumbles Below $26.5K

The latest price moves in bitcoin (BTC) and crypto markets in context for August 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Crypto Lender Exactly Hit by $12M Bridge Exploit

Exactly Protocol, a decentralized credit market on the Optimism (OP) blockchain, has been targeted by a bridge exploit worth as much as $12 million.Source

Single Trader Lost $55M on Ether Long Yesterday

That was nearly 30% of all liquidated futures on Binance, the data shows.Source

Bitcoin Perpetual Funding Rates Crash as Price Slide Puts Short Volatility Bets at Risk

Funding rates tanked on several exchanges, indicating a steep discount in bitcoin perpetual futures.Source

Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval

Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings.Source