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CryptoBlog n.2160


XRP surged over 18.8% this week, surpassing $0.52, amid speculation that the SEC may end its investigation into Ripple. Recent SEC actions suggest a broader regulatory shift, potentially classifying XRP as a non-security, which would be a significant win for Ripple.

CryptoBlog n.2159


Malaysian crypto miners stole $722m worth of electricity (around 4.7 TWh of power) from 2018 to 2023, according to Deputy Minister Akmal Nasrullah.

CryptoBlog n.2158


🇺🇸 Coinbase believes crypto voters will play major role in US Presidential elections Coinbase said crypto voters will play a significant role in the upcoming US presidential election and have the potential to impact key battleground states. The exchange pointed to several surveys and studies conducted on its behalf to gauge the extent of crypto adoption among American voters. It added that surveys have revealed that crypto is a decidedly bipartisan issue.

CryptoBlog n.2157


🇺🇸 SEC drops its investigation into BUSD stablecoin following probe into Paxos The U.S. Securities and Exchange Commission has said it does not plan to recommend an enforcement action against Paxos following a probe into stablecoin Binance USD. Paxos said it received a "formal termination notice" on July 9, which said the SEC would not recommend enforcement against the firm in the investigation of BUSD. Fortune first reported the news.