Judge Grants Ripple's Video-Related Subpoena Requests, Galaxy Digital Calls Off BitGo Acquisition, Monero Upgrade + More News

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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. 
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Legal news

  • California-based start-up Ripple’s request to serve the US Securities and Exchange Commission (SEC) two subpoenas to authenticate a number of videos has been granted, defense lawyer James K. Filan tweeted. Over the weekend, a judge granted the Ripple Defendants’ motion to authenticate videos of seven public remarks, made by SEC officials, while at the same time ignoring the SEC’s claim that the defendants were looking to reopen fact discovery.
  • At the court hearing that took place earlier today, South Asian crypto exchange Zimpex was given a three-month deadline to address its liquidity crisis, according to The Straits Times, citing an anonymous source familiar with the matter. It said Zimpex has until December 2 to come up with a solution. Allegedly, the company tried to get as much as six months for its five companies, including Zipmex, Zipmex Asia, Zipmex Thailand, Zipmex Indonesia, and Zipmex Australia.

Investment news

  • Financial services firm Galaxy Digital Holdings is calling off its acquisition of institutional digital asset platform BitGo, which was first announced in early May this year. Per an announcement, BitGo failed to deliver audited financial statements for 2021 that comply with the agreement requirements, within the deadline (July 31, 2022).
  • Blockchain analytics platform Nansen announced the launch of a new portfolio tracker, earlier today. The Nansen Portfolio is described as a “fully integrated portfolio tracker” capable of covering more than 450 protocols across 42 chains, said a press release shared with Cryptonews.com. In May this year, the company acquired investment tracker Ape Board.
  • Billionaire investor Mark Cuban said that dogecoin (DOGE) is “more usable as a currency” than cardano (ADA). This is “a competition between applications to drive crypto use by non-crypto users. The winning app will determine which underlying chain will get the most use,” he said.

Blockchain news

  • Over the weekend, Monero (XMR) upgraded its blockchain to bring users more privacy. Announcing the hard fork via Twitter, the project said that ringsize 16, Bulletproofs+, and view tags were all successfully implemented. Users are advised to update their nodes and wallets to continue using Monero.

Regulation news

  • Major crypto exchange Binance said it obtained the In-Principle Approval from Kazakhstan’s Astana Financial Services Authority (AFTA) to operate a digital asset trading facility and provide custody in the Astana International Financial Centre (AIFC). Now, Binance needs to complete the full application process, which it said it expects to complete “in due course”.

Sport news

  • Four US Paralympians are raising awareness about disability and the Paralympic Movement through the release of a collection of non-fungible tokens (NFTs), said a press release shared with Cryptonews.com. This joint venture of artists and athletes is designed to showcase their respective talents. The Paralympic edition of NFTs will drop on August 19th.

Web3

  • Business developer and media figure from Lebanon, Wissam Breidy, is teaming up with open finance protocol Crypto Oasis, to bring Web3 and blockchain closer to the Arab community. According to the official announcement, Breidy will use his popularity and media strength to demonstrate the disruptive potential of Web3 technologies.

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Walton Jr. stars as Kings beat Bullets

Brazillian Police Raid ‘Bitcoin Sheikh’ for Defrauding Victims of $766M: Report

'We have to defend the s*** out of everybody!': Jurgen Klopp sends defiant message ahead of Arsenal clash, as Liverpool boss calls for 'consistency' - and claims Reds will need to be 'unpredictable' at the Emirates

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Steve Cooper spared the axe at Nottingham Forest after signing a new three-year deal as manager - despite his side being bottom of the Premier League following a summer spend of £150m on 22 players

GameSpace, the First GaaS Platform in the Market Partners with ABGA

Ferenc Puskas' Magical Magyars missed out, Holland's 'Total Football' fell short and Brazil's failures in 1950 and 1982 scarred a whole nation... the greatest teams who DIDN'T lift the World Cup

BNB Chain Resumes Activity After 2 Million Token Exploit

Hull's move to appoint Pedro Martins as their new manager is set to collapse following late concerns from the former Olympiacos boss... with Andy Dawson likely to remain in charge for Sunday's trip to Huddersfield

'He's a clean athlete!': Emotional Nigel Benn insists he and Conor are in 'total shock' after this weekend's clash against Chris Eubank Jr was axed following his son's failed drugs test, as he vows to 'get to the bottom of this'

Chelsea receive a huge fitness boost with Wesley Fofana's knee injury not as serious as first feared, with £70m star set to miss around four weeks after picking up problem in win over AC Milan

NEWS RELATED

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View more: Aleksander Mitrovic is in race against time to be fit for Fulham’s clash against West Ham with the Serbian striker 'still a doubt' due to foot ligament injury suffered in last weekend’s heavy Newcastle defeat

Sharks vs. Predators prediction: Take a bite with San Jose

The 2022-23 NHL season kicks off on Friday afternoon with a game in Prague between the Nashville Predators and San Jose Sharks, two teams with very different expectations heading into the new campaign. While the Sharks are projected to be one of the worst teams in the NHL with a ...

View more: Sharks vs. Predators prediction: Take a bite with San Jose

S Korean Court Rejects Terra Exec Arrest Warrant Request, LUNC Prices Rise

Source: Jivimages/Adobe Prosecutors in South Korea have been dealt a blow after a district court rejected their arrest warrant request for a Terraform Labs executive who they think headed the troubled firm’s business operations – with Terra Luna Classic (LUNC) prices rising high in the wake of the news. ...

View more: S Korean Court Rejects Terra Exec Arrest Warrant Request, LUNC Prices Rise

Analysts Are Blown Away by this Coin, Projecting a 7,000% Climb Next Quarter

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View more: Analysts Are Blown Away by this Coin, Projecting a 7,000% Climb Next Quarter

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View more: 12 Best Web 3.0 Coins to Invest in 2022

IMPT Reaches $1M in 5 Days Making 1st Phase of Presale 10% Completed

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View more: IMPT Reaches $1M in 5 Days Making 1st Phase of Presale 10% Completed

Matildas need a victory: Gustavsson

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View more: Matildas need a victory: Gustavsson

Grayscale Investments Announces New Bitcoin Mining Venture

Source: Adobe/Ascannio Grayscale Investments, the world’s largest crypto assets manager, has announced the creation of a new entity called Grayscale Digital Infrastructure Opportunities LLC (“GDIO”) that will focus on Bitcoin mining infrastructure investments.  In a press release, Grayscale stated that the venture will assist accredited investors to capitalize on the ...

View more: Grayscale Investments Announces New Bitcoin Mining Venture

Tigers continue march towards AFLW finals

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Donny van de Beek will MISS Manchester United's trip to Everton due to ongoing 'muscle injury', confirms Erik ten Hag... as Dutch international is urged to 'fight for his position' after fitness issues

‘Anyone taking PEDs should be banned for life’: Former world champion Tony Bellew believes fighters who fail drug tests should NEVER fight again following Conor Benn’s positive result for banned substance Clomifene

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Jamie Carragher praises William Saliba's impact at Arsenal as he admits the defender is the same 'mould' as Virgil van Dijk... but claims Gunners centre-back still has 'a LONG way to go' to reach the Dutchman's level

Chelsea 'are set to make Christopher Vivell their new technical director' after the German was sacked by RB Leipzig over 'contrasting views' as Todd Boehly's long search to replace Marina Granovskaia nears its end

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