Thread by @forweb3media

Daily Web3 News Digest 📰

TL;DR ⤵️

🗞 Coinbase slams SEC for evading and giving ‘No straight answers’

🗞 Do Kwon denies allegations that he forged passport, blames ‘Chinese’ agency

🗞 JPM says Hinman docs released in Ripple vs SEC case are boosting Ether

Details and more 🧵

🗞 @coinbase has lambasted the United States @SECGov for failing to respond to issues posed in the United States Court of Appeals as part of the ongoing investigation.

🗞 @binance CEO @cz_binance revealed that the company has officially issued a cease and desist letter to the bogus business known as Binance Nigeria Limited.

🗞 Do Kwon, the founder of Terraform Labs, reportedly told a Montenegrin court that he was unaware the passport he was travelling with was allegedly forged and instead blamed a Chinese-named firm.

🗞 The total value locked (TVL) on @zksync Era rose above $500 million, marking a 12% increase in one week, according to data source L2Beat.

🗞 As the popular blockchain sleuth prepares to face defamation charges, the crypto community and big corporations have given over $1 million in various stablecoins and tokens to @zachxbt.

🗞 @sendwyre, a crypto payments startup based in San Francisco, has declared its decision to cease operations in order to protect the interests of its users and stakeholders.

🗞 Prices for meme coin bob (BOB) fell as much as 45% on Sunday when its popular automated @Twitter bot was suspended after @elonmusk, the owner of the social media giant, dubbed the account a “scam.”

🗞 @jpmorgan (JPM) said in a research report that the release of the Hinman documents in the @SECGov case against @Ripple is a boost to ether (ETH) and is expected to precipitate a drive towards more decentralisation in the crypto market.

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