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Share link:In this post: SEC has waived the “bad actor” designation for Ripple after the settlement of their 5-year dispute. The waiver means Ripple can now return to raising capital in the private markets. XRP has seen substantial gains, but analysts say there is more to come.
Share link:In this post: Microsoft has announced that it will discontinue its Lens application in the coming weeks. The company has released the timeline for the removal of the application from the iOS and Android app stores. Microsoft has urged users to switch to the Copilot artificial intelligence application.
Share link:In this post: A Colorado man has pleaded guilty to operating a multi-million-dollar fraudulent investment scheme. The suspect, Timothy McPhee, is also being charged with tax evasion and conspiracy to defraud the United States. McPhee is expected to be sentenced on October 23, facing up to 30 years in prison for his crimes.
Share link:In this post: Ethiopian Electric Power has announced plans to shut down all crypto mining operations in the country. According to the EEP, no new contracts will be taken, and all existing ones will be reconsidered. EEP wants to focus electricity on domestic consumers and strategic industries.
Quick Take Bitcoin rose above $121,000 while ether reached $4,300 late night Sunday, following Trump’s executive order on allowing 401(k) accounts to invest in crypto. Spot ETF flows and corporate crypto treasuries remain key drivers of the current market cycle, analysts said.
The DeFi TVL patterns are similar to the 2021 altseason, which sent Ethereum to its record high.
Ethereum price surged 6.5% to $4,330 on August 10 as Fundamental Global unveiled a $5B ETH treasury accumulation plan.
- 17:04Voyage completes $3 million Pre-Seed funding round with participation from a16z Speedrun and othersChainCatcher reported that AI infrastructure project Voyage has announced the completion of a $3 million Pre-Seed funding round, with participation from a16z Speedrun, Alliance DAO, Solana Ventures, LECCA Ventures, IOSG VC, Big Brain VC, MH Ventures, GAM3GIRL VC, Y2Z Ventures, as well as Faracaster co-founder Varun Srin and former Uniswap executive Kuan Huang. Voyage aims to build the first "GEOFi" network, establishing a fair distribution layer for the citation system of AI-generated content to reward genuine knowledge contributors. The project structures human knowledge through AI-guided conversations, making it citable by AI and forming a cycle of "more citations—more contributions—more trust." Voyage states that its goal is to become an "AI-citable human knowledge platform," enabling creators to receive the value they deserve.
- 16:57The yield on the US 2-year Treasury note has dropped to 3.42%, the lowest level since September 2022.Jinse Finance reported that the yield on the US two-year Treasury note has dropped to 3.42%, marking its lowest level since September 2022.
- 16:52USD/JPY drops over 0.5% intraday, now at 150.28ChainCatcher news, according to Golden Ten Data, the US dollar against the Japanese yen (USD/JPY) has fallen by more than 0.5% today, with the current quote at 150.28.