09-08-2024

Author

Fernando Fierro
August 09, 2024

Howdy folks,

📊💬 Kamala Harris forms a crypto-focused team for her presidential campaign, recruiting David Plouffe, an ex-Binance board member, ahead of an upcoming digital town hall meeting with top crypto figures. The meeting aims to establish Harris' stance on crypto legislation, with participants like Mark Cuban and Anthony Scaramucci and includes a potential fundraising initiative.

Notably, Harris' election odds increased to 49.5% while Trump's fell to 49%, signaling a significant shift in the political landscape.

In other news:

🚨🔒 Binance has reportedly recovered $73 million in stolen crypto so far in 2024, surpassing the $55 million reclaimed in all of 2023. This accomplishment underscores Binance's "proactive security measures," including increased collaboration with third-party services.

Despite these efforts, crypto hacks and scams have surged by 24% in the first half of 2024 compared to the same period in 2023. 

🌐💰 El Salvador's 2021 Bitcoin Bill faced heavy criticism from the World Bank and IMF, citing economic risks. However, recent talks between El Salvador and the IMF reveal a shift as the organization signals a willingness to collaborate on mitigating Bitcoin's potential risks.

This evolving stance, from harsh opposition to constructive dialogue, highlights the growing acceptance of cryptocurrencies in the global financial landscape.

💸🚨 The UK High Court has issued a global asset freeze on Ruja Ignatova, the notorious ‘CryptoQueen’ behind the billion-dollar OneCoin fraud. This action, sought by over 400 victims, aims to block Ignatova’s financial moves, intensifying efforts to end her years-long evasion.

Despite increased rewards and relentless legal pursuits, Ignatova remains elusive, while several of her accomplices face severe sentences.

DailyCoin Daily Meme

Here’s How First Solana ETF Approval in Brazil Changes the Game

Brazil’s approval of the first Solana spot ETF gives Solana a shot at boosting its case to institutional investors.

Ripple vs. SEC Lawsuit: A Full Timeline of the Legal Battle

A landmark ruling finds XRP not a security, but Ripple faces a $125 million fine. Stay informed on the implications for crypto at DailyCoin.

Democrats ‘Crypto for Harris’ Plan to Win Back Crypto Voters

Democrats launch "Crypto for Harris" advocacy group to counter Trump's crypto industry appeal and win back crypto voters.

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DISCLAIMER: The content provided does not constitute financial advice. This newsletter is purely educational and should not be considered as investment advice or a recommendation to buy or sell any assets or make any financial decisions. Please exercise caution and do your own research.

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