Top crypto tweets of the day – August 30th

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• Uniswap lawsuit over fraudulent token sales dismissed by federal judge

  TL;DR Breakdown A federal judge in New York dismissed a class-action lawsuit against decentralized exchange Uniswap, ruling that the platform was not liable for fraudulent token sales conducted on it. The judge emphasized that due to Uniswap’s decentralized nature, the identities of fraudulent token issuers were unknown, leaving the plaintiffs with no identifiable defendant to blame for their losses. Description A federal judge in New York has dismissed a class-action lawsuit against Uniswap, ruling that the decentralized exchange was not liable for fraudulent token sales conducted on its platform. The decision has far-reaching implications for the DeFi sector and the application of existing securities laws. The lawsuit had accused Uniswap of being complicit in fraud … Read more A federal judge in New York has dismissed a class-action lawsuit against Uniswap, ruling that the decentralized exchange was not liable for fraudulent token sales conducted on its platform. The decision has far-reaching implications for the DeFi sector and the application of existing securities laws. The lawsuit had accused Uniswap of being complicit in fraud and violating securities laws by facilitating the…

  Article 2023年8月31日

• Weekly Crypto Price Analysis: BTC, ETH, XRP, BNB, ADA, DOGE

  TL;DR Breakdown Weekly crypto price analysis reveals that most of the cryptocurrencies have been trading near their resistance levels. Bitcoin has been trading in bullish territory, hovering around $30,000 levels with a few dips. Most of the altcoins have retraced from their weekly highs, with buying pressure still present. Description Weekly crypto price analysis also shows that the cryptocurrencies have gained significant value over the past week. After a continuation of last week’s dip, the bulls have taken back control of the market and most coins are trading in green. Most of the cryptocurrencies are recovering from their losses and are trading in a range-bound manner … Read more Weekly crypto price analysis also shows that the cryptocurrencies have gained significant value over the past week. After a continuation of last week’s dip, the bulls have taken back control of the market and most coins are trading in green. Most of the cryptocurrencies are recovering from their losses and are trading in a range-bound manner near their respective resistance levels. The price of Bitcoin had increased to $31,000 due to the positive…

  Article 2023年6月27日

• Glass protocol co-founders halt the development of the platform

  TL;DR Breakdown Glass protocol co-founders have announced a staggering halt to the development of the NFT platform. Co-founders blame the harsh conditions in the industry. Description The cryptocurrency market has been a rollercoaster ride, and its effects have reverberated through various sectors within the crypto space. One such area is Non-Fungible Tokens (NFTs), where Glass Protocol, a venture-backed startup, recently faced the harsh realities of the bear market. Co-founders Sam Sends and Varun Iyer made a significant announcement on X (formerly … Read more The cryptocurrency market has been a rollercoaster ride, and its effects have reverberated through various sectors within the crypto space. One such area is Non-Fungible Tokens (NFTs), where Glass Protocol, a venture-backed startup, recently faced the harsh realities of the bear market. Co-founders Sam Sends and Varun Iyer made a significant announcement on X (formerly Twitter) that they would be discontinuing the active development of Glass Protocol due to insufficient demand for digital, tradeable video NFTs. Glass protocol blames insufficient demand for video NFTs Glass Protocol, a startup with a brief but impactful two-and-a-half-year journey, aimed…

  Article 2023年9月10日

• Apple bends to France’s demands for software upgrade

  Description In a move that might be perceived as capitulation, Apple is releasing a software upgrade for the iPhone 12. This comes in response to a cluster of European countries, led by France, poised to make legislative moves over alleged heightened radiation emissions. While Apple may dominate tech spaces with its sleek devices, it appears they’re … Read more In a move that might be perceived as capitulation, Apple is releasing a software upgrade for the iPhone 12. This comes in response to a cluster of European countries, led by France, poised to make legislative moves over alleged heightened radiation emissions. While Apple may dominate tech spaces with its sleek devices, it appears they’re not immune to governmental pressures. A Tussle of Tech and Regulation The iPhone 12, which made its debut in 2020, is now at the epicenter of a controversy that’s rattled regulators across European Union nations. Nations like Belgium, Germany, and Italy have been closely observing the drama unfold after the country’s national frequency agency, ANFR, dropped the gauntlet, demanding Apple halt sales of the contentious device…

  Article 2023年9月18日

• Nasdaq Lauds Ripple-Metaco Acquisition, Fueling Speculation of Future IPO

  TL;DR Breakdown Ripple’s acquisition of Metaco for $250 million strengthens its presence in the European Union and aligns with its vision of disrupting the payments ecosystem. Nasdaq’s recognition of Ripple’s acquisition hints at potential future prospects and adds credibility to Ripple’s potential IPO plans. In a notable development within the crypto industry, Ripple Labs Inc, the blockchain payments firm, recently acquired Metaco, a Swiss-based institutional asset custody, trading, and DeFi-focused company. This acquisition, which garnered significant attention, has caught the eye of the prominent Wall Street brokerage platform Nasdaq Global Select Market. Nasdaq’s congratulations to Ripple on the Metaco acquisition have raised speculation about Ripple’s potential Initial Public Offering (IPO). This article explores the implications of Nasdaq’s recognition and delves into the conditions Ripple must fulfill to go public. Nasdaq’s recognition of Ripple’s acquisition not only signifies the significance of the deal within the industry but also raises speculation about Ripple’s potential IPO. As a renowned platform for publicly traded firms, Nasdaq’s acknowledgment adds credibility to Ripple’s growth prospects and could potentially attract more attention from investors. This recognition further…

  Article 2023年6月1日