Weekly Crypto News Wrap-up for Feb 05-Feb 06, 2024

2 min readFeb 9, 2024


Let’s dive into this week’s heavy hitters:

📰 Ripple vs. SEC: Could an Appeal Push the Lawsuit Into 2026?

A recent US district court ruling throws a curveball in the ongoing legal battle between the SEC and Ripple.

Judge Sarah Netburn has ordered Ripple to disclose its financial statements for 2022–2023, specifically focusing on contracts and institutional sales made after the court’s initial judgment. This development adds another layer of complexity to the already intricate case.

Read more: https://dailycoin.com/ripple-vs-sec-could-an-appeal-push-the-lawsuit-into-2026/

📰 DOGE is Sending SpaceX to the Moon, Sets New Launch Date

Dogecoin (DOGE) assisted the space exploration company SpaceX in preparations for their next lunar mission.

Despite the DOGE-1 lunar mission being first scheduled for a late 2023 launch, Dogecoin and SpaceX’s mutual journey to the moon had to be postponed due to unsatisfied radio transmitters and the escorting satellite requirements.

Read more: https://dailycoin.com/doge-is-sending-spacex-to-the-moon-sets-new-launch-date/

📰 Here’s Why Do Kwon’s Extradition Was Blocked

Terraform Labs co-founder Do Kwon continues to wage a twisting legal battle across borders as prosecutors pursue extraditing him from Montenegro to face criminal charges relating to the Terra ecosystem implosion in May 2022.

Read more: https://dailycoin.com/heres-why-do-kwons-extradition-was-blocked/

📰 El Salvador Stokes Bitcoin Flames as Bukele Wins Re-election

El Salvador’s renowned Bitcoin-friendly stance has persisted over the years, led by none other than the pro-crypto president Nayib Bukele.

Since becoming the first nation head to integrate Bitcoin as a legal tender, Bukele has continually charged optimism for the asset class, promoting adoption among the El Salvadoran population and establishing accommodating regulatory standards.

Read more: https://dailycoin.com/el-salvador-stokes-bitcoin-flames-as-bukele-wins-re-election/

📰 Dogwifhat Bags Ethereum Whales $1.77M in Mere Minutes

Last weekend, twelve cryptocurrency whales banked on Dogwifhat’s (WIF) emergence on the Ethereum network.

The whales spent just $3,694 on 24 million WIF, selling 15.32 million to bag $1.77 million.

Read more: https://dailycoin.com/dogwifhat-bags-ethereum-whales-1-77m-in-mere-minutes/

📰 Polkadot NFT Mint Breaks Records, Surpasses Solana, Polygon

Speed is one of the parameters that has given headaches to blockchain developers, with multiple networks tackling it.

Notably, Solana and Polygon have made speed and scale one of their unique selling points. Now, Polkadot enters this arena with impressive performance.

Read more:




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