Some major news from yesterday 'aug 4'

  • Elon Musk states that X will never launch a crypto token.

  • Coinbase CEO asserts that leaving the US is not even under consideration at this time.

  • Tether becomes the 11th largest bitcoin holder globally.

  • Coinbase CEO claims Binance sold all its USDC due to traders ditching USDT, causing an exchange pool imbalance.

  • A new hearing is scheduled to determine whether to place Bankman-Fried in jail before trial.

  • Canadian police now utilize Chainalysis to track and return stolen crypto.

  • Over 300 cosmetic brands now accept cryptocurrency as payment, thanks to the integration of Binance Pay on YesStyle’s platform.

  • JPEG’d confirms the return of 5,495 ETH from the Curve hacker.

  • US lawmakers urge the White House to address North Korea’s use of digital assets.

  • A Worldcoin bug allowed anyone to become an Orb Operator, with the team issuing a fix to the security vulnerability.

  • Lawyers for Coinbase cite precedent from the SEC v. Ripple case, where a judge ruled that XRP largely did not qualify as a security.

  • A CDC report emphasizes the importance of a judge’s verdict in the Ripple case.

  • The Tether and Bitfinex class-action lawsuit gets dismissed by SDNY, as reported by Tether.

  • Valkyrie files to include ether in its bitcoin fund.

  • Offchain Labs launches BoLD, a permissionless validation protocol for Arbitrum.

  • The fifth edition of the Baltic Honeybadger, the most OG Bitcoin conference in the world, is scheduled for Sept. 2-3.

  • Crypto-friendly bank Revolut shuts down services in the US.

  • Miami’s Mayor Suarez accepts Bitcoin for his presidential campaign.

  • Ukraine’s national budget faced an over $80 million shortfall in the past 10 years due to non-compliant cryptocurrency exchanges, leading to a loss of at least 3 billion hryvnia in tax revenue from 2013 to 2023, as reported by the Bureau of Economic Security (BEB).

Stay Aware!

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good new 2023

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Ginger me on skedaddle

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