Judge finds Ripple Labs liable for $125M penalty in SEC case
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security to raise funds.
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Coinbase CEO: Senate’s Pressure on Libra Association Is ‘Un-American’
Coinbase CEO has criticized United States’ senators for asking Stripe, Mastercard and Visa to leave Facebook’s crypto project Libra.“Something feels very un-American about this”After U.S. Senators Brian Schatz and Sherrod Brown apparently pressured the payment giants to leave Libra, Brian Armstrong, co-founder and CEO of major U.S. crypto exchange Coinbase, called the action “un-American” in…

Ethereum price falls to $3.3K, but data shows ETH bulls are still in control
ETH price broke down as the wider market corrected, but derivatives data shows traders bullish stance on Ethereum.

Bitcoin Prices Could Make Paying Taxes in Bitcoin Even More Attractive
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. This discussion should not be regarded as legal advice.Bitcoin and other crypto prices have recently been highly volatile. If you are holding bitcoin or other crypto, you may well not want to sell until…

Vyper vulnerability exposes DeFi ecosystem to stress tests
A number of pools using Vyper have been exploited due to a malfunctioning reentrancy lock that potentially exposes all pools with wrapped Ether (WETH). 136 Total views 1 Total shares Decentralized finance (DeFi) protocols are undergoing a stress test following a critical vulnerability was found on versions of Vyper programming language, resulting in the theft…

Facebook to Work ‘However Long It Takes’ to Win Regulators on Libra
Facebook co-founder and CEO Mark Zuckerberg said that the company will work as long as it takes to appease regulators’ concerns over its Libra stablecoin. Zuckerberg delivered his statements during the firms Q2 results conference call on July 24.During the call, Zuckerberg said that — some years ago — Facebook would have just released a…

Fantom Foundation hacked for an estimated $6.7M: Report
Fantom Foundation's wallet was reportedly drained of funds by a “Fake_Phishing” account. Fantom Foundation, developers of the Fantom network, have reportedly been hacked for over $6.7 million worth of cryptocurrency. Blockchain data shows that an address labeled “Fake_Phishing188024” was sent over 2,000 Convex (CVX) tokens and other cryptocurrencies from a known Fantom Foundation wallet. On-chain sleuth

El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers
Users of the Salvadoran government’s Chivo wallet will not be able to see frozen price quotes until the feature has been removed to deter arbitrage scalpers. 1514 Total views 6 Total shares The Salvadoran government has moved to prevent users of its Chivo digital wallet from gaming the app’s price freeze feature to glean risk-free…

Bitcoin should be treated as a commodity, like gold: Cantor Fitzgerald CEO
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.