Nader Al-Naji, 32, raised more than $257 million from the “unregistered offers and sales” of a native token, called BTCLT which is on the blockchain-based platform BitClout, the SEC alleged on Tuesday. Al-Naji lied to investors about where their funds went and spent more than $7 million on...

SEC sues BitClout founder Nader Al-Naji, says he lied to investors about the project's decentralization

The SEC plans to amend its lawsuit to better address the classification and regulation of third-party crypto-asset securities, potentially impacting the handling of 12 major tokens including BNB, Solana, and others. Following a favorable ruling for Binance US on certain tokens, the SEC and defendants are now outlining their next...

SEC Sharpens Case Against Crypto Tokens, Including Solana and Binance in the U.S.

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52 Million XRP in 13 Hours – What's Going On?

Solana, Cardano, and Polygon can all breathe a tentative sigh of relief—the Securities and Exchange Commission (SEC) wants to table its allegation that they are unregistered securities in its lawsuit against crypto exchange Binance, according to a new court filing. The SEC wants to amend its Binance lawsuit to...

SEC Might Shelve Allegation That Solana Is a Security in Binance Lawsuit

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Record-Breaking 50 Trillion Shiba Inu (SHIB) in 24 Hours: What Just Happened?

The spot ether ETFs experienced net outflows of $98.29 million on Monday. Grayscale’s ETHE recorded $210 million in net outflows. exchange-traded funds saw $98.29 million flow out of the products on Monday, extending their negative flow streak to the fourth day. The Grayscale Ethereum Trust (ETHE) was the only...

US spot Ethereum ETFs saw $98.3 million in net outflows, extending negative flow streak

California State

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The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

The VP of Engineering for Ava Labs, which oversees the Avalanche blockchain development, is leaving to start a new venture after 3.5 years at the company. Patrick O’Grady will remain as a technical advisor for Ava Labs and has shared few details about the new venture. Ava Labs' Patrick...

Ava Labs engineering head Patrick O'Grady leaving team to start own company

Despite this bullish price performance, Aave’s underlying protocol metrics, such as its outstanding debts or Total Value Locked (TVL), were not significantly affected. The following is an excerpt from The Block’s Data and Insights newsletter. On Thursday, July 25, Marc Zeller, the founder of one of the top...

Aave's fee switch proposal sparks major rally in AAVE token

Despite memecoins’ continued dominance in investment appeal, BONK and PEPE have taken a back seat. As a result, PEPE traders have begun to look to Ethereum tokens in DeFi for maximum gains. In their search, they have identified RCO Finance for a potential 300x rally. Can RCOF live up...

PEPE Traders Jump to this $0.0127 Ethereum Token with 300x Potential to Rise Higher than BONK’s 2024 Rally

A recent proposal passed by Compound Finance’s DAO has sparked claims of a governance attack after a small group led by whale Humpy amassed enough tokens on the open market to help narrowly pass their proposal over the objections of many community members. The proposal allocates 499,000 COMP tokens,...

$24 million Compound Finance proposal passed by whale over DAO objections

Kentucky State

Northern Kentucky Tribune

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

Both Bitcoin and Ethereum hiked by over 3% in the last trading session. Compared to ETH, BTC seemed overvalued at press time. Bitcoin and Ethereum have long been two of the market’s biggest cryptos. However, tribalism within the community has often placed them at opposite ends of any spectrum, which is why comparisons are common.

Bitcoin vs Ethereum – Every $1 invested in either of these cryptos will…

WazirX faced severe backlash after announcing plans to socialize losses incurred from a hack earlier in July. The breach saw roughly $230 million in funds drained from the exchange. Indian cryptocurrency exchange WazirX is facing backlash after announcing a plan for a “socialized loss strategy” on Saturday, following the July...

WazirX faces backlash on ‘socialized loss strategy’ after $230 million exploit

The monthly trade volume of DEXs relative to CEXs is already the highest it has ever been at 14.22%. The previous record high occurred in May 2023 at 13.7%. The market share of decentralized exchanges (DEXs) compared to centralized exchanges (CEXs) has hit an all-time high. According to The Block's...

DEX market share surges to record high, outpacing centralized exchanges

The NFT startup Mintify raised $3.4 million from ARCA, Cumberland, Psalion and other participants. Mintify is building infrastructure for an NFT order book for gaming, art and real-world asset markets. The NFT startup Mintify raised $3.4 million in additional funding. ARCA, Cumberland, Psalion, Master Ventures, Zeneca, GM Capital, Spencer VC...

NFT startup Mintify raises $3.4 million in additional funding

Lexington, KY

Most Americans work hard to purchase and maintain their vehicles, making it all the more important they protect their investment from ending up in the hands of thieves. But with vehicle theft still on the rise in many areas across the country, the continued problem is costly―not just to theft victims but to all vehicle owners.

Car owners reminded to protect their ride during National Vehicle Theft Prevention Month in July

Savannah, GA

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Daily Coffee Press

Newly returned indictments in the Southern District of Georgia include felony charges for illegal firearms possession and drug distribution, while additional defendants have been sentenced to federal prison or await further proceedings after pleading guilty to federal gun charges.

Federal Charges in Southern GA: Indictments and Sentences for Firearms and Drug Offenses

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

NewsBreak

Ripple execs denounce SEC over its plan to amend its complaint against Binance, says it adds to confusion

Ripple CEO Brad Garlinghouse called the amended Binance complaint “hypocrisy.”. Ripple executives criticized the U.S. Securities and Exchange Commission's handling of cases it brings against the...

Ripple execs denounce SEC over its plan to amend its complaint against Binance, says it adds to confusion

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