💥 A Platform for Launching Memecoins Has Appeared on TRON
A platform for launching meme tokens called SunPump has been created on the TRON network.
🔗 The project is directly associated with TRON founder Justin Sun. In an interview with CoinDesk, he stated that SunPump conducts thorough vetting of projects before they are allowed to launch on the platform, "to ensure they meet certain standards of integrity."
The statement also mentioned that the new service will compete with a similar platform, PumpFun, based on Solana.
📌 Avalanche (AVAX) - $198.53 million 📌 Polyhedra Network (ZKJ) - $18.79 million 📌 Merlin Chain (MERL) - $8.24 million 📌 Pixels (PIXEL) - $7.7 million 📌 Worldcoin (WLD) - $7.52 million 📌 SPACE ID (ID) - $6.64 million 📌 Metaplex (MPLX) - $5.86 million
🛡 The leading cybersecurity company Mandiant, which is part of Google Cloud, has confirmed that none of the three laptops used by the WazirX team for transactions were compromised in the cyberattack during which crypto assets worth $230 million were stolen. #Binancepen_spark #wazirX
💸 In El Salvador, 474 BTC Mined Using Geothermal Energy from Volcanoes
Since September 2021, El Salvador has mined 474 BTC (approximately $27.7 million) using geothermal energy from volcanoes, according to trader and Bitgrow Lab co-founder Vivek Sen.
✔️ Cryptocurrency mining using alternative energy sources is a joint project between the government of El Salvador and several companies, including Foundry USA, Antpool, ViaBTC, F2Pool, and Binance Pool.
El Salvador's total Bitcoin holdings are estimated at $333.3 million, according to the Nayibtracker website. The country has accumulated 5,846 BTC and continues to purchase 1 BTC daily. $BTC #BinanceBlockchainWeek #bitcoin☀️ #BitcoinPizzaDay2024
‼️ Dubai Court Recognizes Cryptocurrency as a Legal Form of Salary Payment
This decision marks a departure from the court's previous stance, which was announced in 2023, when a similar case was dismissed due to the lack of an accurate valuation of cryptocurrency.
✔️ The move demonstrates a progressive approach to integrating digital currencies into the country's legal and economic system. $BTC $ETH $SOL
💸 Donald Trump earned over $7 million from three NFT collections and holds cryptocurrency worth between $1 million and $5 million, according to his financial disclosure reviewed by the nonprofit organization Citizens for Ethics.
" #Bitcoin is a capital investment you can hold for decades that a corporation, competitor, counterparty, or country can’t take away from you. It will create generational wealth for your family, corporation, or country." - Michael Saylor
According to CoinDesk, a federal judge has imposed a $125 million fine on Ripple after determining that its institutional sales of XRP violated federal securities laws. District Judge Analisa Torres of the Southern District of New York issued the penalty following her finding that 1,278 institutional sale transactions by Ripple breached securities regulations. This fine is significantly lower than the $1 billion in disgorgement and prejudgment interest and $900 million in civil penalties initially sought by the SEC. The judge reiterated her stance that Ripple's programmatic sales of XRP to retail clients through exchanges did not violate federal securities laws. The SEC's attempt to appeal this part of the ruling was unsuccessful during the case proceedings. In addition to the fine, Judge Torres imposed an injunction against future securities law violations by Ripple. She noted that while she is not making a judgment that Ripple has violated any laws since the SEC filed its lawsuit, the company's actions suggest a likelihood of future violations. The injunction requires Ripple to file a registration statement if it plans to sell any securities in the future. The SEC is expected to appeal the July 2023 ruling now that the judge has imposed a sentence, following the denial of the SEC's motion for an interlocutory appeal last year. The SEC and Ripple had previously settled charges related to CEO Brad Garlinghouse and other executives after the interlocutory appeal was denied. Following the judgment, the price of XRP saw a slight increase, rising by 3 cents or approximately 2%. $XRP #TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #BinanceTournament