Ripple CEO blasts the SEC on one-year anniversary of lawsuit

Happy Thursday, everyone! The global crypto market cap is $2.31 trillion with a 24-hour volume of $89

CryptoSlate Newsletter @cryptoslate

Happy Thursday, everyone! The global crypto market cap is $2.31 trillion with a 24-hour volume of $89.71 billion. The price of Bitcoin is $49,037.92 and the BTC dominance is at 40.2%. The best performing cryptoasset sector is AMM, which gained 6%.

Ripple CEO blasts the SEC on one-year anniversary of lawsuit A year ago, on Wednesday, the SEC filed legal action against Ripple on charges of selling unregistered securities. cryptoslate.com

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Arsenal FC faces regulatory heat in UK over 'misleading' fan token promos The United Kingdom Advertising Standards Authority (ASA) has banned two ads promoting AFC, the fan token launched by famous football club Arsenal, ruling that the promos are "irresponsible" and "misleading." "Because the ads trivialised investment in cryptoassets and took advantage of consumers' inexperience or credulity by not making clear that CGT [capital gains tax] could be […] cryptoslate.com

New research affirms the colossal gender gap in the crypto sector Crypto information outlet Crypto Head created the Cryptocurrency Company Index–revealing the most lucrative businesses in the booming industry. cryptoslate.com

ArtNet Launches dedicated NFT Platform with ArtNFT: Beginnings Collection Artnet, founded in 1989 and one of the world's largest platforms for fine art with over 60 million unique annual users, has launched into the world of NFTs. cryptoslate.com

The crypto industry is poaching talent from Silicon Valley at an alarming rate More and more executives and engineers are leaving their high-paying jobs in Silicon Valley to join crypto startups. cryptoslate.com

GensoKishi prepares for early-stage investors and partners up with TrustPad GensoKishi Online partners up with the first decentralized multi-chain fundraising platform, TrustPad, to take full advantage of the boosted marketing ahead of the iconic game's token IDO. cryptoslate.com

Crypto.com gives ambitious 1 billion crypto users prediction by the end of 2022 Crypto dot com has published a report highlighting key developments this year while also giving predictions for 2022. cryptoslate.com

DeFi token VISR plunges by 95% following $8 million hack Decentralized finance (DeFi) liquidity management protocol Visor Finance became yet another victim of hackers last night as perpetrator(s) siphoned over 8.8 million VISR tokens—worth $8.1 million at the time. cryptoslate.com

Unleashing the power of asset ownership in DeFi with London Real host Brian Rose In this week's Cryptonites interview, London Real founder and host Brian Rose, who "did a 180" back in 2011, when he said goodbye to his Wall Street banker lifestyle and started broadcasting on YouTube, talks about applying his 15-year experience in trading on the TradFi markets to educating people about DeFi. cryptoslate.com

Why is Singapore rejecting the majority of crypto licensing applications? Data compiled by Vulcan Post shows that out of 176 digital payment token (DPT) license applications submitted to the Monetary Authority of Singapore (MAS), 103 have been rejected or withdrawn. cryptoslate.com

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