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Donald Trump could have been stopped
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Diving deep into today's web3 currents:
โ๏ธ Pro-crypto Lawyer Highlights SEC's Strategy
๐ VanEck's Ad Campaign Sets Crypto Stage Alight
๐ Cardano Gears Up for Exciting NFT Drops in October
๐ SBF Mulled $5B Offer to Donald Trump
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In the legal battle between Ripple and the SEC, pro-crypto lawyer John E. Deaton has scrutinized the SEC's tactics.
Deaton's findings in "The Irony of Interlocutory Appealโ suggest the SEC's aim to prolong the litigation process. Meanwhile, Ripple continues its tradition of releasing 1 billion XRP tokens from its escrow system monthly. The latest release, conducted in three transactions, significantly impacts the XRP market. Despite some market fluctuations, XRP shows positive momentum in trading.
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Eric Balchunas predicts a massive marketing battle with the potential approval of Ethereum futures ETF and spot Bitcoin ETF applications.
Investment manager VanEck is leading the marketing race, hyping up the potential October launch of its Ethereum Strategy ETF, dubbed "EFUT," with intriguing commercials. Meanwhile, Ethereum is showing bullish signs after a period of stagnation, rekindling hopes among investors. With the possibility of the U.S. SEC fast-tracking Ethereum ETF approvals, the industry might soon witness a transformative shift in cryptocurrency investments. VanEck's EFUT will be listed on the Chicago Board Options Exchange.
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Cardano's blockchain is gaining traction with several NFT drops that combine art, science, and the possibilities of the metaverse, including the unique blend of human and extraterrestrial DNA in some projects.
Recent NFT drops on Cardano include Risky Warthogs Brigade, Monkies Republik, Sleapy NFT, Battle Infinity, MEW3 Genesis, and CardanoPress Wapuu. An especially captivating project, Xelons, explores the blending of human and alien DNA and will be released between September 30th and October 7th. Upcoming anticipated drops include
Injured Punks,
Nakamotoz, and
Alpha X Society
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Sam Bankman-Fried considered offering $5 billion to Donald Trump to prevent him from running for president in 2024, as disclosed in the book "Going Infinite: The Rise and Fall of a New Tycoon".
Bankman-Fried regarded Trump as a threat to democracy. Prior to FTX's collapse, Bankman-Fried had donated over $70 million to both Democratic and Republican campaigns. A major Democratic PAC has plans to return $3 million in donations received from FTX executives. Bankman-Fried is soon to face trial on charges including campaign finance law violations.
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Meme of the week
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