🚀 Ripple's Legal Chief Confirms XRP Not Retail Security Amid SEC Appeal
#Ripple #XRP #SEC #LegalNews #DigitalAssets #SecuritiesLaws #CourtRuling
According to Odaily, Ripple's Chief Legal Officer Stuart Alderoty recently commented on the U.S. SEC's formal appeal in the Ripple case, affirming that the ruling which determined XRP is not a retail security remains unchanged. Alderoty stated on X, 'This is not surprising at all—once again, everything is clear. The court's ruling that 'XRP is not a security' has not been appealed. This decision is the law of the land.'
In its appeal, the SEC has challenged several key rulings, including the decision that Ripple executives Brad Garlinghouse and Chris Larsen's non-cash XRP distributions and sales did not violate securities laws. Ripple plans to file its own Form C next week as a cross-appeal against the institutional sales ruling. Both parties are preparing for an extended appeals process, which could impact the future classification and regulation of digital assets.
Previously, it was reported that the U.S. SEC had formally appealed Judge Analisa Torres' ruling on XRP. On Thursday, the regulatory body submitted Form C to the U.S. Court of Appeals for the Second Circuit.#Ripple #XRP #SEC #LegalNews #DigitalAssets #SecuritiesLaws #CourtRuling
🚀 Solana Co-Founder Highlights Blockchain's Simplicity And Efficiency
#Solana #blockchain #AnatolyYakovenko #efficiency #costeffective #simplicity #SOL
According to Odaily, Solana co-founder Anatoly Yakovenko recently took to X to emphasize the straightforward nature of the Solana blockchain. Yakovenko described Solana as a 'pure blockchain,' noting its lack of additional layers such as DA, L2, or L3. He highlighted that Solana is simply a fast and cost-effective blockchain, inviting users to explore and appreciate its capabilities.#Solana #blockchain #AnatolyYakovenko #efficiency #costeffective #simplicity #SOL
🚀 Kyber Network To Remove Cronos And BitTorrent Chains From KyberSwap
#KyberNetwork #KyberSwap #Cronos #BitTorrent #Blockchain #CryptoNews #OnChainTransactions
According to Odaily, Kyber Network recently announced on X that it plans to remove Cronos and BitTorrent chains from KyberSwap as part of ongoing efforts to simplify and enhance the platform. The removal is scheduled for early next week, and all related on-chain transactions will be halted. Users are not required to take any action in response to this change.#KyberNetwork #KyberSwap #Cronos #BitTorrent #Blockchain #CryptoNews #OnChainTransactions
🚀 ApeCoin Surges Past $1 Mark With Significant 24-Hour Gain
#ApeCoin #APE #cryptocurrency #priceincrease #24hourgain #BlockBeats
According to BlockBeats, ApeCoin (APE) has experienced a notable increase in its value. As of October 20, the cryptocurrency has surpassed the $1 mark, currently trading at $1.0065. This represents a significant 24-hour gain of 33.15%.#ApeCoin #APE #cryptocurrency #priceincrease #24hourgain #BlockBeats
🚀 Scam Sniffer Apologizes For New Fee Inconvenience, Aims To Improve Transparency
#ScamSniffer #FeeInconvenience #Transparency #UserNotification #DEXtransactions #AdvancedPlan #RefundPolicy
According to PANews, Scam Sniffer has issued an apology on the X platform for any inconvenience caused by the new fees for its extension. The company is working on enhancing its notification features to increase transparency for users.
Previously, Scam Sniffer updated its official documentation to include a 0.25% fee on selected DEX transactions. Users who disable the 'Enable Advanced Plan' option to avoid the fee may lose access to certain features. For paid users, Scam Sniffer has committed to refunding any remaining fees.#ScamSniffer #FeeInconvenience #Transparency #UserNotification #DEXtransactions #AdvancedPlan #RefundPolicy
🚀 Yuga Labs Partners With Wire Network To Enhance AI Capabilities
#YugaLabs #WireNetwork #BoredApeYachtClub #AI #Blockchain #CreatorEconomy #ApeChain #DecentralizedAI #GasFreeTransactions #CrossChainOperations
According to Odaily, Yuga Labs, the company behind the 'Bored Ape Yacht Club' (BAYC), has announced a partnership with Wire Network, a universal Layer 1 blockchain infrastructure designed specifically for the AI agent economy. Yuga Labs stated that as artificial intelligence becomes a central topic in the creator economy, this collaboration aims to transform how consumers and creators interact with AI agents. Wire Network will support ApeChain's decentralized AI features and offer services such as gas-free transactions and cross-chain operations.#YugaLabs #WireNetwork #BoredApeYachtClub #AI #Blockchain #CreatorEconomy #ApeChain #DecentralizedAI #GasFreeTransactions #CrossChainOperations
🚀 Pump.fun Generates Significant Revenue in Past Week
#PumpFun #Revenue #SOL #Odaily #OnchainLens #Cryptocurrency #Investment
According to Odaily, Onchain Lens monitoring data reveals that in the past seven days, pump.fun has generated a revenue of 76,279 SOL, equivalent to $11.68 million. The total revenue has reached 948,963 SOL, currently valued at $150 million.#PumpFun #Revenue #SOL #Odaily #OnchainLens #Cryptocurrency #Investment
🚀 Ethereum, Solana, And Tron TVL Show Mixed Performance Over The Week
#Ethereum #Solana #Tron #TVL #Blockchain #Defillama #Crypto #ETH #SOL #TRX
According to PANews, recent data from Defillama indicates varying trends in the Total Value Locked (TVL) across major blockchain platforms over the past week. Ethereum's TVL stands at approximately $48.664 billion, reflecting a 4.23% increase over the last seven days. Solana's TVL is around $6.023 billion, marking a 3.72% rise within the same period. In contrast, Tron's TVL has experienced a decline, dropping by 7.82% to about $6.865 billion.#Ethereum #Solana #Tron #TVL #Blockchain #Defillama #Crypto #ETH #SOL #TRX
🚀 DYdX Community Approves Support For Zebec Network
#dYdX #ZebecNetwork #ZBCN #cryptocurrency #blockchain #communityvote #DYDX
According to Odaily, the official governance page reveals that the dYdX community has voted to add support for Zebec Network (ZBCN) on the platform.#dYdX #ZebecNetwork #ZBCN #cryptocurrency #blockchain #communityvote #DYDX
🚀 ApeCoin Introduces Automatic Yield Mode for Passive Earnings
#ApeCoin #AutomaticYieldMode #PassiveEarnings #ApeChain #Blockchain #CryptoRewards #APE
According to BlockBeats, on October 20, ApeCoin announced via X that users holding ApeCoin on ApeChain can now benefit from an Automatic Yield Mode. This new feature allows users to earn rewards without the need for continuous claiming or staking of their tokens.
The Automatic Yield Mode is set as the default for all Externally Owned Accounts (EOAs), enabling them to automatically receive earnings with each block. This means that the APE balance in these addresses will increase with the rewards generated per block, eliminating the need for manual intervention.#ApeCoin #AutomaticYieldMode #PassiveEarnings #ApeChain #Blockchain #CryptoRewards #APE
🚀 ApeCoin Introduces Automatic Yield Mode For Passive Earnings
#ApeCoin #AutomaticYieldMode #PassiveEarnings #ApeChain #Rewards #Blockchain #Cryptocurrency #APE
According to Odaily, ApeCoin announced on platform X that it has introduced an Automatic Yield Mode. This new feature allows users holding ApeCoin on ApeChain to earn rewards without the need for continuous claiming or staking of their tokens. The Automatic Yield Mode is set as the default for all Externally Owned Accounts (EOAs), enabling users to automatically receive earnings with each block. This means that the APE balance in a user's address will increase with the rewards earned per block, eliminating the need for manual intervention.#ApeCoin #AutomaticYieldMode #PassiveEarnings #ApeChain #Rewards #Blockchain #Cryptocurrency #APE
🚀 Michael Saylor Predicts Companies Like Apple May Adopt Bitcoin
#MichaelSaylor #Bitcoin #Apple #MicroStrategy #cryptocurrency #balanceSheet #finance
According to Odaily, MicroStrategy founder Michael Saylor recently stated on the Markets with Madison program that companies such as Apple might incorporate Bitcoin into their balance sheets. However, Saylor emphasized that MicroStrategy will remain unique due to the significant proportion of Bitcoin in its valuation.#MichaelSaylor #Bitcoin #Apple #MicroStrategy #cryptocurrency #balanceSheet #finance
🚀 Vitalik Buterin Suggests Recurring Fees For ENS Domains Based On Demand
#VitalikButerin #ENS #Ethereum #RecurringFees #DomainMaintenance #CryptoCommunity #Blockchain #ETH
According to Foresight News, community user superthing.eth tweeted that Ethereum co-founder Vitalik Buterin has proposed that ENS (Ethereum Name Service) domains should charge recurring fees based on demand. The annual cost of maintaining a domain would reflect market demand.
In response, Vitalik Buterin confirmed that he still believes it is a good idea for ENS domains to implement recurring fees based on demand, particularly a version with a cap. This approach aims to align the cost of domain maintenance with the actual market demand, ensuring a fair and sustainable system for users.#VitalikButerin #ENS #Ethereum #RecurringFees #DomainMaintenance #CryptoCommunity #Blockchain #ETH
🚀 DeepBook Protocol Token Sees Significant 24-Hour Increase
#DeepBookProtocol #DEEP #SuiEcosystem #DeFi #TokenIncrease #Cryptocurrency #MarketValuation
According to BlockBeats, on October 20, the Sui ecosystem DeFi platform DeepBook Protocol's token, DEEP, is currently priced at $0.05932. This marks a 22% increase over the past 24 hours. The fully diluted valuation (FDV) of the token has reached $593 million.#DeepBookProtocol #DEEP #SuiEcosystem #DeFi #TokenIncrease #Cryptocurrency #MarketValuation
🚀 Dogecoin Co-Founder Sold All DOGE In 2015 For $10,000, Now Worth Over $9 Million
#Dogecoin #ShibetoshiNakamoto #BillyMarkus #cryptocurrency #DOGE #BNB #blockchain #investment #altcoins #crypto
According to Odaily, Lookonchain monitoring has revealed that Dogecoin co-founder Shibetoshi Nakamoto, also known as Billy Markus (@BillyM2k), sold all his DOGE holdings in 2015 for $10,000 to purchase a car. The value of these tokens has since surged to over $9 million, with a peak value exceeding $45 million.
Markus has created multiple new wallets to receive tips and has profited $780,000 this year by selling tokens he received for free. Three days ago, he sold BabyNeiro tokens he received for free, earning 12.2 BNB, equivalent to $7,243.#Dogecoin #ShibetoshiNakamoto #BillyMarkus #cryptocurrency #DOGE #BNB #blockchain #investment #altcoins #crypto
🚀 Arbitrum Orbit L3 ApeChain Launches on Mainnet
#Arbitrum #Orbit #L3 #ApeChain #Mainnet #ApeCommunity #Ecosystem #ARB
According to Odaily, Arbitrum announced on X that the Arbitrum Orbit L3 ApeChain has officially launched on the mainnet. The announcement extends an invitation to the Ape community to join the growing Arbitrum ecosystem.#Arbitrum #Orbit #L3 #ApeChain #Mainnet #ApeCommunity #Ecosystem #ARB
🚀 Stablecoin Market Sees Moderate Boost Amid Slow Growth
#Stablecoin #MarketCap #Ethereum #Tron #Blockchain #Crypto #TransferVolume #FinancialGrowth #BNBChain #Arbitrum #Base
According to Odaily, since the beginning of October, the stablecoin market has experienced a moderate boost, although overall growth remains relatively slow. The current market capitalization of stablecoins stands at approximately $172.7 billion, reflecting a 27.93% increase from the $134.99 billion recorded at the start of the year on January 27. Among these, 48.9% of stablecoins are on the Ethereum blockchain, while 34.92% circulate on the Tron blockchain. The BNB Chain follows with a 3.18% share, Arbitrum with 2.58%, and Base with 2.14%.
Notably, despite the significant expansion of the stablecoin market since the beginning of the year, the volume of transfers has been steadily declining since May. Data from Artemis Terminal indicates that after peaking at $3.6 trillion in May, the volume of stablecoin transfers has significantly decreased, dropping to $1.6 trillion last month. As of October, the recorded transfer amount is approximately $1.2 trillion.
While the number of active stablecoin addresses has also declined since March, the decrease is not as pronounced as the drop in transaction volume. Of the $1.2 trillion transferred this month, $309.2 billion was conducted on Ethereum, and Tron handled $282.9 billion in transfers. This means that Ethereum and Tron together accounted for 49.34% of the transfer volume in October.#Stablecoin #MarketCap #Ethereum #Tron #Blockchain #Crypto #TransferVolume #FinancialGrowth #BNBChain #Arbitrum #Base
🚀 BlackRock BUIDL Fund Transfers USDC to Ondo Finance
#BlackRock #BUIDL #Fund #USDC #OndoFinance #Circle #crypto #transactions
According to Foresight News, Arkham monitoring data reveals that the BlackRock BUIDL Fund marked address has transferred a total of 964,315 USDC to Ondo Finance through three transactions starting last night. The most recent transaction occurred five hours ago.
Transaction data indicates that the related address received 10 million USDC from a Circle hot wallet address two days ago. Over the past two days, approximately 1.56 million USDC has flowed out. Currently, the BlackRock BUIDL Fund marked address holds a total of around 88.472 million USDC.#BlackRock #BUIDL #Fund #USDC #OndoFinance #Circle #crypto #transactions
🚀 Bank Of England Expected To Accelerate Rate Cuts
#BankOfEngland #RateCuts #Inflation #GoldmanSachs #WageData #Economics #FinancialMarket #InterestRates #UKEconomy
According to Odaily, a research report by Goldman Sachs indicates that the Bank of England is expected to accelerate its rate cuts. The report highlights that inflation and wage data, along with recent communications from the Bank of England, suggest a widespread market expectation of a 25 basis point rate cut in November. If inflation continues to decline, there are minimal obstacles to speeding up the rate cut process. Goldman Sachs economists still anticipate that by September 2025, the Bank of England will have consecutively reduced rates to 3%, which is faster than current market pricing.#BankOfEngland #RateCuts #Inflation #GoldmanSachs #WageData #Economics #FinancialMarket #InterestRates #UKEconomy
🚀 Meme Coin Analyst Reports Surge In New Tokens On Pump.fun
#MemeCoin #TokenLaunch #PumpFun #MarketCapitalization #Raydium #Cryptocurrency #Sibel
According to Odaily, meme coin analyst Sibel recently shared on X that a total of 248,400 new tokens were launched on pump.fun this month. Out of these, only 3,255 tokens were listed on Raydium. Notably, two of these tokens have achieved a market capitalization exceeding $100 million.#MemeCoin #TokenLaunch #PumpFun #MarketCapitalization #Raydium #Cryptocurrency #Sibel
🚀 Trader Faces Significant Loss After Erebus Token Plunge
#Trader #ErebusToken #SOL #Cryptocurrency #TokenPlunge #Loss #OnchainLens #Investment #MarketCrash #CryptoTrading
According to Odaily, Onchain Lens monitoring revealed that a trader purchased 6.9 million Erebus (EREBUS) tokens at a high price, spending 604 SOL (equivalent to $94,000). Following the purchase, the token's value plummeted, compelling the trader to sell their holdings for just 46 SOL (approximately $7,000), resulting in a substantial loss of $87,000.#Trader #ErebusToken #SOL #Cryptocurrency #TokenPlunge #Loss #OnchainLens #Investment #MarketCrash #CryptoTrading