Read U.Today’s Crypto News Brief to stay updated on all the important events
Here are the top five news stories by U.Today from the past day.
XRP Holders Allowed to Help Court in SEC vs. Ripple Case
Although the judge rejected the request of XRP holders to intervene in the SEC case against Ripple, they can now assist the court by briefing the relevant legal issues in the case, as friends of the court. However, XRP holders are not allowed to provide evidence or provide witnesses.
Elon Musk and his puppy Shiba Inu have generated over 90,000 tweets
Despite the fact that Elon Musk’s influence on cryptocurrencies is slowly fading, he still managed to become the center of attention in the crypto community thanks to Shiba Inu’s adorable puppy Floki. After Musk posted a photo of Floki on Twitter, as promised last weekend, more than 90,000 tweets were posted discussing his dog’s coin Dogecoin, SHIBA and Floki Inu.
Joe Lubin of Ethereum expressed his support for the Securities and Exchange Commission
Joseph Lubin, CEO of ConsenSys, has become one of the few people who have found words to support the US Securities and Exchange Commission. In his recent interview, Lubin mentioned that SEC President Gary Gensler may deserve more authority in regulating crypto. The head of the Ethereum development studio also said that the agency had a lot of “legitimate arguments” and that it was not stifling innovation in the US.
Edward Snowden says the Chinese ban has made Bitcoin stronger
According to world-famous whistleblower Edward Snowden, the toughest ban on cryptocurrency in China to date has made it even stronger. The former NSA subcontractor notes that bitcoin is trading much higher despite a “coordinated global campaign” to undermine its growth. However, Snowden warns that bitcoin may repeat the fate of gold in the US, which means that governments may end up banning the major cryptocurrency the way they banned the yellow metal.
Cardano’s Project Catalyst closes voter registration for Fund6
According to the official announcement by Input Output Global, a community survey aimed at selecting Project Catalyst Fund6 winners is ready to go. All ADA fans can become members of the Project Catalyst voting committee to support their favorite Cardano-based projects. To participate in the referendum, Cardano supporters must hold at least 500 ADA.