Ripple-SEC Settlement Possible, SHIB Burn Rate Spikes 1,082%, New York Partially Bans Crypto Mining: Crypto News Digest by U.Today

Nov 25,2022
Ripple-SEC Settlement Possible, SHIB Burn Rate Spikes 1,082%, New York Partially Bans Crypto Mining: Crypto News Digest by U.Today
  • SEC v. XRP: Lawyer thinks mediation is possible, because the federation may not want to explore
  • The SHIB burn rate soared by 1083% in the highest daily burn rate in a few weeks
  • Data encryption mining is prohibited in part of New York City
  • Elon Musk angrily turned off false rumors about Twitter and Nick Bankman Fried

Detailed introduction to the four major news reports of the previous day. Study the world of digital currency!

SEC v. XRP: Lawyer thinks mediation is possible, because the federation may not want to explore

In a recent tweet,Mels Macaulay, well-known lawyers and data encryption enthusiasts indicate that Ripple and the SEC are indeed likely to reach an agreement. When answering a question from a Twitter customer, Macaulay said whether Hinman's email would be published, regardless of whether the regulatory authorities allow it or not. This may be a mediation provision, which also makes Ripple prevail in the case because of its email. Macaulay also added that Ripple's response to the SEC's bulletin on the simple ruling resolution may be one of the most persuasive documents in the trial, which will be sent to the chief judge of the case on November 30.

The SHIB burn rate soared by 1083% in the highest daily burn rate in a few weeks

Data information is provided byHiburnIt shows that 134952334 SHIB tokens were damaged in 10 transactions yesterday, which also made the damage rate of the meme coin soar by 1082%. At the time of writing this article, the total number of destroyed tokens is likely to be higher, because Shibburn is likely to receive burning from Shibburn's radio advertisements and super fans' expectations. The last time the daily burn reached such a high level was on October 12, and then 154 million SHIBs were burned. With the rapid development of the ecosystem in the near future, the passion of SHIB Street has increased, and this peak period has been ignited. imageReported by:The leader of SHIB accidentally announced that Davos Forum hopes to formulate current policies around the world with SHIB cooperation projects.

Data encryption mining is prohibited in part of New York City

Tuesday, the governor of New YorkCarly Hochel, DemocratIt signed a three-year suspension of fossil energy driven digital currency mining operation confirmation. The act was adopted by the House of Lords of New York State in early June. Hochul indicated that she hoped that New York City would remain the core of financial reform, but it was very important to balance its overall goal of economic development climate. Because of its cheap hydroelectric power, New York City has become a popular tourist attraction for many data encryption mining companies, and miners immediately used it. However, they were immediately opposed by the local environmental protection team because of the use of many resources and the substantial increase in greenhouse gas emissions. This is also when controversial laws appear.

Elon Musk angrily turned off false rumors about Twitter and Nick Bankman Fried

According to an article in Business Insider, it is reported that Sam Bankman Fried owns $100 million equity in Elon Musk's Twitter. According to the article, the CEO of Tesla Motors proposed Bankman Fried to turn the publicly released Twitter stock into the equity of Musk's private company a few weeks after Musk explicitly proposed to recycle Twitter with $44 billion. The financial statement of FTX shows that the enterprise has some non current assets, which may be Twitter stock, according to the article. Shortly after it was released, Musk quickly avoided rumors, denied that Bankman Fried had participated in Twitter recycling, and accused the news media. At the same time, he said Business Insider was "not really a publication"