July 14, 2023

Coinbase’s L2 Network Base Opens Mainnet for Builders

The team behind Base – an Ethereum Layer 2 chain built on OP Stack in collaboration with Optimism – said its mainnet is available for builders to deploy their products.  The entity will release a “Genesis Builder” NFT to commemorate those who entered the ecosystem from the get-go. However, it has no intentions of issuing...
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Rep. Ritchie Torres Calls for Investigation into SEC Over Prometheum’s License Approval

Ripple’s partial victory in its fight with the US Securities and Exchange Commission (SEC) in a court ruling paved the way for small but significant regulatory clarity that the cryptocurrency industry was deprived of for so long. Now all eyes are on the security regulator who, according to Congressman Ritchie Torres, is acting like “an...
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Bitcoin Loses Buying Pressure As It Crashes Heavily – Here’s Why $30K Is Imminent For BTC Price

Bitcoin’s price saw a significant upswing, spurred on by Ripple’s victory in its legal battle with the SEC. The price of BTC even approached the $32K threshold, but a decrease in buying pressure led to a substantial decline. Bitcoin’s bullish momentum suffered another blow recently as the price dipped below the $31K mark, with the...
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Crypto Can Transcend The Dollar And Other Currencies: BlackRock CEO

The international presence of digital assets gives them the power to transcend any one national currency like the U.S. dollar, said BlackRock CEO Larry Fink on Friday. During an interview, the executive highlighted what makes crypto unique from other asset classes, and the role BlackRock can play in the space. Democratizing Crypto Through ETFs Speaking...
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Ripple’s Partial Win in XRP Case Sparks Alt Rally as PoS Coins Post Impressive Gains

XRP appears to be leading the altcoin rally fetching over 66% in the past day alone. This comes after Ripple Labs managed to score a victory in the SEC case crippling the financial regulator’s plan to regulate the digital asset industry. The market has reacted positively to the District Court for the Southern District of...
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Binance Turns Six: The Journey So Far in the Eyes of CEO Changpeng Zhao

Binance, the world’s largest cryptocurrency exchange, is celebrating its sixth anniversary today. In commemoration of the feat, the exchange’s founder and CEO, Changpeng Zhao (CZ), has reminisced on several events since the platform’s launch. In a statement sent to CryptoPotato, the CEO revealed that Binance was launched in 2017 with $15 million worth of digital...
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Ethereum Network Almost Twice as Busy as Bitcoin: Data

While the digital asset space may have been reeling under arguably the worst bear market in its history, users are mostly unfazed as transactions across various networks continue. Such transactional activity demonstrates the resilience of the market participants. As evidenced by the latest infographics shared by the prominent analytic platform, IntoTheBlock, not all blockchains are...
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Chancer Presale Rockets Past $750k Milestone in Under 4 Weeks

[PRESS RELEASE – London, United Kingdom, July 14th, 2023] Chancer, a revolutionary blockchain-based predictive markets app that’s taking the crypto and betting world by storm, has raised a whopping $750,000 in just 4 short weeks during its exciting presale. Stage 1 is now set to imminently sell out, with under 23% of tokens left before...
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Oasis Network Announces ‘Oasis Rendezvous’ – EthCC Privacy Side Event

[PRESS RELEASE – Please Read Disclaimer] Oasis Network’s ‘Oasis Rendezvous’ is a highly anticipated EthCC side event held on July 19, 2023 Paris, FR – July 19, 2023 – Oasis Network, the world’s leading privacy-first blockchain, will be hosting Oasis Rendezvous, an all-day affair for the Web3 developer community on July 19 at EthCC 2023...
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Ripple Vs SEC Update: Contradictory Ruling? Top Lawyer Disputes Judge’s Stance On Ripple’s ODL

Prominent legal expert, Bill Morgan, recently ignited a debate surrounding the implications of a judge’s recent decision concerning Ripple’s On-Demand Liquidity (ODL). A Clash of Perspectives Morgan highlighted his concerns via a tweet, where he flagged an inconsistency in the judge’s perspective. According to the legal stalwart, the judge’s view of institutional sales failed to...
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New AI Memecoin Shiba Memu Raises $798K in Nine Days

[PRESS RELEASE – London, United Kingdom, July 14th, 2023] Shiba Memu, a new dog-themed memecoin, has reported strong demand for its presale, raising almost $800,000 in just nine days. A total of $798,000 worth of SHMU tokens have been purchased so far ahead of the memecoin’s official exchange launch. The project is centred around combining...
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US FTC Orders Celsius to Pay $4.7 Billion in Fines But There’s a Catch

Just over a week ago, a confidential source from within the CFTC stated that the regulator had arrived at the conclusion that Celsius and its CEO, Alex Mashinsky, had violated U.S. law. At the time, the source was unable to confirm when or whether a lawsuit against the platform and its leadership would be filed....
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Ethereum (ETH) Tops $2,000 for First Time in 3 Months on Ripple Victory

ETH prices have skyrocketed over $2,000 for the first time since mid-April following the Ripple victory over the SEC. Ethereum is up just almost 8% on the day, reaching a high of $2,020 during the Friday morning Asian trading session. Furthermore, the asset, which was also deemed a security by Gary Gensler and the SEC,...
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Bitcoin (BTC) $ 98,627.43 0.83%
Ethereum (ETH) $ 3,343.80 0.96%
Tether (USDT) $ 1.00 0.02%
Solana (SOL) $ 258.75 0.53%
BNB (BNB) $ 662.53 5.23%
XRP (XRP) $ 1.55 12.48%
Dogecoin (DOGE) $ 0.45942 16.73%
Cardano (ADA) $ 1.09 26.52%
USDC (USDC) $ 1.00 0.00%
Lido Staked Ether (STETH) $ 3,342.25 0.92%