New York State

As part of its multi-year-long litigation with the U.S. Securities and Exchange Commission (SEC), a New York court on Wednesday ordered fintech company Ripple to pay a $125 million fine after finding in July 2023 that its institutional sales of XRP broke federal securities laws. The civil penalty is significantly...

Countdown To $3 XRP Price Milestone Begins As Judge Fines Ripple Just $125 Million In SEC Case

A federal judge Wednesday ordered crypto firm Ripple to pay slightly more than $125 million in penalties for improperly selling its XRP token to institutional investors. The total was far below the nearly $2 billion the Securities and Exchange Commission sought, but also well above the $10 million ceiling Ripple argued for in an April court filing.

Ripple to pay $125M penalty in XRP case against SEC

The US Securities and Exchange Commission (SEC) has signaled it will not appeal Wednesday’s ruling by Judge Torres in the legal battle with Ripple. The case concluded on August 7 with the company facing a civil penalty significantly less than the SEC originally demanded. Judge Torres’s decision mandated a...

Big News For Ripple: SEC Signals No Plans To Appeal Ruling

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Coinbase v. SEC: Here's Latest Update as SEC Drops Key Filing

An address connected to 2022’s Nomad Bridge exploit transferred 14,500 ether to Tornado Cash. This suggests the perpetrator could be looking to cash out. An address associated with the exploitation of Nomad Bridge transferred 14,500 ether — worth roughly $35.2 million — of the stolen cryptocurrency to controversial crypto mixer Tornado Cash, according to blockchain security company PeckShield's alerts-focused account on X.

Address tied to Nomad Bridge exploit transfers $35 million in ether to Tornado Cash: PeckShield

Cryptocurrency markets have certainly experienced their share of ups and downs. The early 2020s saw an unprecedented boom, bringing a wave of new investors into the space. This period of rapid growth coincided with the surge in non-fungible tokens (NFTs), which, despite their initial hype, added a layer of complexity and skepticism to the market.

What’s Next for Crypto in 2025? Insights From Investor Steve Streit

A group of leading crypto executives participated in a conference call with White House officials and an advisor to Vice President Kamala Harris on Thursday, sharing their concerns about current and future crypto regulations. However, White House representatives and Harris’ advisor did not make any commitments, per media reports.

Crypto executives shoot their shot with the Biden-Harris administration

BlackRock executive Samara Cohen thinks Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) will be allocated to model portfolios by the end of this year and into 2025. Model portfolios are a basket of different investments crafted by a financial advisor, according to the financial services firm Morningstar. Cohen, BlackRock’s...

BlackRock Executive Predicts Bitcoin and Ethereum Become Part of Model Portfolios by 2025

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contributor

Bucks County Beacon

As chairman of the U.S. Senate Committee on Health, Education, Labor & Pensions, Senator Bernie Sanders released a June report entitled “ By the Wealthy, for the Wealthy: The Coordinated Attacks on Public Education in the United States .” The report is a brief but thorough (16 pages of text, 4 pages of footnotes) takedown of the current wave of attempts to end public education as we know it.

Senator Bernie Sanders Warns in New Report of Right-Wing Billionaire Plot to Sabotage Public Education in Order to Privatize It

Kentucky State

Northern Kentucky Tribune

The Kentucky Secretary of State on Friday announced 14,502 Kentuckians registered to vote in July. “Kentuckians are signing up to vote in big numbers, because they trust the integrity of our elections,” said Secretary of State Michael Adams.

Kentucky voter registrations increased by more than 14,500 in July, the most since 2022

Florida State

Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

South Carolina State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Farside data shows that the Bitcoin (BTC) exchange-traded funds (ETFs) experienced an inflow of $45.1 million on Aug. 7—the first since Aug. 1st. This surge was primarily driven by BlackRock’s IBIT, which saw an impressive $52.5 million inflow, bringing its total net inflows to $20.2 billion. Additionally, WisdomTree’s BTCW reported a $10.5 million inflow, while the Grayscale Mini Trust BTC observed a $9.7 million inflow. In contrast, the Grayscale GBTC experienced an outflow of $30.6 million, resulting in a total net outflow of $19.2 billion. Notably, no other ETF issuer reported any outflows. Consequently, the total inflow into Bitcoin ETFs now stands at $17.2 billion.

BlackRock’s IBIT spearheads Bitcoin ETF inflows with $52.5 million inflow

The approval of spot Ethereum ETFs could significantly boost Ethereum's price and attract new investors. Ethereum also holds several fundamental value propositions that make it an ideal long-term investment. Amidst the recent market correction in crypto, Ethereum stands out among a crowded field for several reasons. After a strong start...

The Ultimate Cryptocurrency to Buy With $1,000 This Summer

Web3 security firm Fuzzland has prevented the loss of over $15 million in stolen crypto from about a dozen different attacks since early 2023. It deploys two main strategies — attack “hijacking” and “backrunning” — to hoodwink would-be exploiters. Web3 security and smart contract...

Security firm Fuzzland finds a way to reverse exploits

Colorado State

Aurora, CO

David Heitz

The Aurora Police Department released a statement on Tuesday on social media to clear up misinformation about an incident involving thousands of migrants. “Misinformation has spread on social media regarding the large gathering on Sunday at Gardens on Havana shopping center,” Aurora PD posted on X. “We recognize that Sunday’s incident was disconcerting and alarming for a large number of our residents and citizens. The purpose of this message is to provide the community with accurate information based on what we know right now.”

Law-abiding Venezuelans watch election results in Aurora, leave behind mess

Wyoming State

WyoFile

A Virginia man is demanding a political action committee stop using his photograph to promote a Wyoming legislative candidate of the same name — or face legal action. Make Liberty Win, a Virginia-based PAC , has been sending text messages and mailers to Wyoming voters, and knocking on doors in support of various legislative candidates, but has failed to provide accurate information. Many of the candidates the PAC is supporting are either members of, or ideologically aligned with, the hard-line Wyoming Freedom Caucus.

Cease and desist: Virginia man threatens legal action after group uses his photo to portray Wyoming candidate

Savannah, GA

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

Georgia State

Tallahassee, FL

The FBI is investigating the disappearance of a now 13-year-old girl who went missing from Florida last year and has ties to Georgia and Tennessee. A $15,000 reward is being offered to anyone with information that can lead to her location.

FBI Investigating Disappearance of 12-Year-Old Girl Who Has Ties to Georgia

NewsBreak

SEC urges court to reject Coinbase’s subpoena request for documents

The SEC argued that Coinbase sought material “entirely irrelevant” to the court case. The crypto exchange has been urging the SEC to provide more documents that...

SEC urges court to reject Coinbase’s subpoena request for documents

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