- Weekend Buy Competition: The ESC team announces a buy competition where the three largest purchases of ESC tokens will receive percentages of their purchase value for free. The competition ends on Monday evening.
- Legal Battle Over Bitcoin White Paper: Craig Wright, who claims to be the inventor of Bitcoin, wins a ruling to proceed with a lawsuit against Bitcoin Core developers and companies like Blockstream and Coinbase, alleging copyright violation. The case is set to go to trial in early 2024.
- Binance Faces Regulatory Impact: The crackdown on crypto firms by the SEC leads Binance to fire over 1,000 employees and consider scaling back certain products and business units due to regulatory concerns.
- Ripple CLO Optimistic About XRP Adoption: Ripple’s chief legal officer believes that U.S. banks may turn to XRP for cross-border transactions following a court ruling that may ease regulatory pressure on the cryptocurrency.
- Binance Cuts Employee Benefits: Amid a decline in profits and regulatory challenges, Binance reduces employee benefits, including reimbursement for certain expenses.
- Lawsuit Against Marathon Digital’s Top Management: Marathon Digital faces a lawsuit alleging that its top executives breached fiduciary duties, enriched themselves unjustly, and wasted corporate assets.
- Polychain Capital and Coinfund Raise Crypto Funds: Polychain Capital raises $200 million and Coinfund secures $152 million for new crypto investment funds, despite a decline in venture funding for crypto startups in the industry.
