Hex loses $500M in market cap after SEC lawsuit; token removed from MetaMask, Uniswap
Hex loses $500M in market cap after SEC lawsuit; token removed from MetaMask, UniswapCrypto platforms, Uniswap and MetaMask, have dropped support for the embattled HEX token.
Happy Saturday!The global crypto market cap is $1.16 trillion, with a 24-hour volume of $24.8 billion. The price of Bitcoin is $28,991.02, and BTC market dominance is 48.7%. The price of Ethereum is $1,829.43, and ETH market dominance is 19.0%. The best-performing sector is Meme, which gained 5%. The Crypto Fear & Greed Index is currently Neutral (50). Top News
Hex loses $500M in market cap after SEC lawsuit; token removed from MetaMask, UniswapCrypto platforms, Uniswap and MetaMask, have dropped support for the embattled HEX token. Tether declares victory in class action lawsuit as judge dismisses caseIn a statement Tether claimed the court found that the plaintiffs failed to show that they suffered any loss. Curve attacker begins to return stolen funds after bounty issuedContagion fears still exist in the market as the Curve founder used the token as collateral for some of his debt. Latest Insights
More NewsNew York Attorney General probing Digital Currency Group in relation to Genesis Global Capital : ReportThe probe has not been officially confirmed, nor is it clear whether it will lead to charges. Tim Cook says AI, machine learning are part of ‘virtually every product’ Apple is buildingCook said that Apple is working on AI-powered services but does not usually announce those products until they arrive on the market. Former Celsius CEO Alex Mashinsky loses motion to dismiss civil fraud lawsuitThe civil lawsuit brought by NY Attorney General Leticia James, accuses Mashinsky of duping customers through misleading and false claims. Adshares partners with QuickSwap to revolutionize decentralized advertising via crypto paymentsAdshares uses blockchain technology to solve the challenges plaguing traditional advertising. Patched Worldcoin bug could have made Orbs vulnerable to remote takeovers: CertiKThe issue was reported about a month before launch and was quickly patched.
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SEC chair Gary Gensler pivots agency’s attention to AI: “We can get to crypto later”
Friday, August 4, 2023
The SEC chair called AI the "most transformative technology of this generation" and stressed the need to prepare for its influence on financial markets.
Elizabeth Warren pressures Treasury, IRS for swift action on $50B crypto tax loophole
Thursday, August 3, 2023
Warren's urgent call for safeguarding billions in tax revenue hinges on immediate crypto tax regulation.
Countdown to Litecoin halving today, is ‘digital silver’ ready to break out?
Wednesday, August 2, 2023
Litecoin's third halving looms as 'digital silver' balances anticipation and uncertainty
Ripple legal chief says Terra ruling does not change XRP’s status
Tuesday, August 1, 2023
A federal judge disagreed with the Ripple XRP's ruling further muddying the crypto regulation scene.
Coinbase CEO claims SEC said ‘every asset other than Bitcoin is a security’
Monday, July 31, 2023
Uncover the SEC's aggressive stance on Coinbase trading, a move that could alter the course of the US crypto industry.
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