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Ripple's partial victory over the Securities and Exchange Commission pushed up the layer 1 and altcoin market, as many of these tokens had been accused of being securities.
Some $33 million worth of the tokens are set to be unlocked and tradeable on the open market.
Decentralized exchange Aevo rolled out a new product on Wednesday that allows traders to express bullish/bearish view on tokens awaiting an exchange listing.
The popular project, which started out on Solana and migrated to Polygon earlier this year, said it would return 100% of the grant money it received.
The largest U.S. crypto exchange says its blockchain is the first to be launched by a publicly traded company and gives it a new revenue opportunity.
The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.
Curve, a leading decentralized exchange on Ethereum, was hacked for more than $70 million in July. Questions continue to linger around the platform's long-term viability and potential contagion risk.

An in-depth look into the latest advancements and current challenges in crypto and bitcoin mining, sponsored by Foundry
The most valuable crypto stories for Wednesday, August 9, 2023.
A possible 'Crypto Twitter' exit is likely as the algorithm changes with “forever” signups and Elon battles Mark over threads and data. Meanwhile, the FEDNow launches and the U.S. has achieved a historic moment with a bipartisan consensus on crypto regulation in the House...finally!
Traditional finance giants are excited about the idea of putting ownership of assets like precious metals, art, homes and more on the blockchain.
Influencer Evan Luthra says the exchange froze his account and destroyed his advisory relationship. Bitget says Luthra was dumping the REELT token as he advised his followers to buy.
Is Sam Altman’s UBI startup a smart countermeasure to AI, or a privacy nightmare? Jeff Wilser reports.
An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining.
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Some $33 million worth of the tokens are set to be unlocked and tradeable on the open market.
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Riot Platforms reported its second-quarter earnings after the close on Wednesday.
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We're covering Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software.
A federal judge ruled that while Ripple's direct sales of XRP to institutional investors violated securities law, its programmatic sales to retail investors through exchanges did not.
The Bank of England is recruiting academics for its central bank digital currency engagement forum and asking stakeholders for more information.
The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.
The country's central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15.
Fresh crypto guidance from the U.S. central bank doesn’t represent a departure from previous policy, but it provides more details on what the Federal Reserve expects from banks.
It was not known whether Salame would cooperate with prosecutors and testify against FTX co-founder and CEO Sam Bankman-Fried.