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Ripple (XRP) price rose by nearly 30% in less than a week amid positive sentiment around the court case, in which the U.S. Securities and Exchange Commission (SEC) claims that Ripple sold XRP as illegal securities.SEC vs. Ripple Judge Analisa Torres has granted Ripple permission to respond to the SEC's
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekBinance CEO CZ is the richest crypto
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Former Twitter CEO and founder Jack Dorsey has announced plans to create a “Bitcoin Legal Defense Fund” with Chaincode Labs co-founder Alex Morcos and Martin White, who appears to be an academic at the University of Sussex.The announcement was sent on a mailing list for Bitcoin developers, bitcoin-dev, at 00:13:45
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The main purpose of the fund will be to defend developers from from lawsuits regarding their activities in the Bitcoin ecosystem, Dorsey wrote in an email to the bitcoin-dev mailing list dated Jan 12. Jan 12, 2022 at 6:27 a.m. UTCUpdated Jan 12, 2022 at 6:27 a.m. UTCJack Dorsey (Eva
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The U.S. Securities and Exchange Commission (SEC) made a surprise attack on the Ripple case by filing a letter of supplemental authority to strike Ripple’s “fair notice” defense. Simultaneously, the token XRP is down 2.33% in the last 24 hours to $0.7 following the market’s downtrend. The SEC’s Surprise Move As the
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The Kleiman v. Wright trial has come to a conclusion and Craig Wright and his defense team has won on all claims except one count of conversion. According to a court reporter, Craig Wright, the man who claims to be Satoshi Nakamoto, said he was “incredibly relieved.” Craig Wright’s Defense Wins
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MIAMI — A federal civil trial over the potential ownership of 1.1 million BTC — worth about $66 billion — was interrupted on Tuesday when the defendant in the case, Dr. Craig Wright, an Australian man who claims to have invented the cryptocurrency, was accused of witness intimidation.Just as Wright’s
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Companies attempting to engage with customers in good faith, according to reasonable expectations, given laws on the books, have nothing to fear. There are clearly bright lines: For instance, as an advocate of financial inclusion and an anti-monopolist, Omarova is mindful that approaching fintech and techfin companies (or any powerful
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The Senate still has to vote on its own version of the bill before the two legislative groups conference to reconcile their respective versions. All of Congress will have to vote on the final bill. The provision, inserted by Rep. Patrick McHenry (R-N.C.), seeks to promote U.S. international competitiveness by
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The United States-based blockchain startup Simba Chain, which provides technology for several U.S. defense organizations, raised fresh funds to scale the business and tap new opportunities like nonfungible tokens (NFTs).The $25 million Series A funding round was led by Valley Capital Partners with the participation of Notre Dame Pit Road
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