The Appeal Against XRP Ruling

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Happy Monday Scrollers! Let’s just dive right into it ⛓👇🏼

• SEC says judge rulings on XRP are incorrect and will appeal the decision (DT)

• $30M in dormant BTC wallets come to life in July (BTC)

• SBF accused of leaking Caroline Ellison’s diary (CD)

• CoinDesk to sell for $125M to investor group (WSJ)

• Crypto funding, specifically metaverse plays, had a massive week with $359M of total investment, $50M for metaverse (BW)

• WorldCoin’s newly release WLD token surges 20%+ on major exchanges (CD)

• CoinFund ready to be a top crypto VC closing new $158M fund (TC)

• Futureverse secures $54M from 10T Holdings and Ripple for metavserse x AI platform (@futureverse)

• Cosmic Wire raises $30M to expand cross chain web3 platform (VB)

• Snowstorm raises $3M from Seed Club Ventures to keep the internet ‘open & free’ (TC)

• Side Protocol raises $1.5M (TB)

• 2MR labs gets backing from The Assembly Place and Heliconia Group (EP)

• Web3 VC drops off in Q2, startups only raise $1.8B, a 76% decrease from Q2 2022 (CD)

• Kuwait posed an absolute ban on crypto (CT)

• US House introduce crypto oversight bill (CD)

• US FSC chairman eyes crypto regulations (CT)

• US Congressman calls to ban central bank digital securities (WGURU)

• Alphapo, a crypto payment processor, hot wallets drained for $23M+ on Ethereum, Tron, Bitcoin (BLOCK)

• Conic Finance drained of $3.2M in security attack (TB)

• Google cloud eyes more involvement in web3 (BW)

• Canadians are having crypto stolen from them (D)

• US state agency issues crypto fraud alert over social media (CT)

• Opensea launches NFT trading feature called deals (@opensea)

• Ethereum daily users plunges (NBTC)

• Positive ETH action as Coinbase exec predicts “8 Billion people on-chain by 2030” (F)

• Coinbase sunsets bitcoin backed loan program (TB)

• Indonesia crypto stock exchange goes live after delays (CD)

• Telegram bot tokens near $100M market cap (CD)

• Evertas, a crypto insurance group, acquires Bitsure for blockchain mining (CD)

• U.S. government sells 8,200 BTC, leaving remaining balance to 195k BTC (@BitcoinNewsCom)

• The SEC review process for the Bitcoin ETFs (REUT)

• Is crypto a scam? A breakdown (Y)

• A ‘super public’ blockchain (DJ)

• Bitcoin is up 20% since Jim Cramer told investors to sell this summer

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