U. Today’s Weekend News Digest has already ended, don’t forget to check out this excerpt!
Sometimes it is hard to keep up with the quick pace of development of the crypto industry. To inform you, U.Today has rounded up the top four news stories from last weekend.
Judge denies Ripple executives’ intent to dismiss SEC lawsuit
last Friday, wave-sec The case made headlines again, as Judge Annalisa Torres dismissed Ripple CEO Brad Garlinghouse and co-founder Chris Larsen’s denials twin speed To dismiss the regulator’s lawsuit. Furthermore, the judge also rejected the SEC’s motion to attack the fintech giant’s “fair notice” defense. In his latest tweet, Garlinghouse described the “fair notice” decision as a “huge victory” for the defendants, though he did not comment on his failed motion to dismiss the lawsuit.
140.7 Million SHIB Added to Burn Pot for March 15th Event
SHIB Super Store Twitter Account has announced That they set out to add another huge amount of SHIB to the burn pot – 140,712,694 canine coins, or the equivalent of $3,159 fiat. So far, the total amount of SHIB destroyed in the burn event of March 15 is roughly equivalent to 655,216,510. Meanwhile, the Shibburn team reported that around 11.06 million tokens were transferred to a defunct address last Saturday, according to Etherscan.
Peter Schiff Says Paul Tudor Jones Was Wrong About Bitcoin
Peter SchiffThe CEO of Euro Pacific Capital and a prominent bitcoin critic, decided to explain to his Twitter followers why he believed billionaire Paul Tudor Jones was wrong about the flagship crypto, calling it the best inflation hedge. . Schiff claims that bitcoin is not the “fastest horse in the race,” as the Tudor Investment Corporation founder said, BTC is down 37% over the past year, while gold, on the other hand, is up 12%.
Cardano Maker Explains When DApps Will Start Growing
Charles HoskinsonThe founder of the Cardano blockchain has taken to Twitter to comment on the development of the ecosystem. Cardano is far from catching up with other major “Ethereum killers” (Terra, BSC, Avalanche and Solana) in terms of Total Value Lock (TVL), as many dApps are waiting for Vasil hard forks to profit from pipelining of late. Named after Bulgarian mathematician Vasil Dabov, who was a prominent member of the Cardano community, the Hard Fork Combinator (HFC) event is expected to take place this June.