I just voted "Yes" on "P2 - WCT Transferability Criteria Proposal" https://snapshot.box/#/s:walletconnect.eth/proposal/0xda446c4c6004bcc254ad52c0d5dd3df2aa4b118c3ffa918ee2321bdd22d4ad44
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Just joined the Linea guild. Continuing my brave quest to explore all corners of web3!
guild.xyz/linea
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I just completed "Welcome to Polygon" on Layer3 - https://app.layer3.xyz/quests/welcome-to-polygon
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Top casts
The SEC has filed an appeal in the Ripple lawsuit.
Since the SEC has appealed the ruling that sales of XRP on secondary exchanges are not securities, Ripple's Chief Legal Officer, Stuart Alderoty, stated that Ripple is considering filing a cross-appeal.
This means Ripple may choose to appeal Judge Torres’ ruling that sales of XRP to institutions are investment contracts, or the $125 million penalty.
Both appeals will be combined into one case in the Court of Appeals. If Ripple decides to file a cross-appeal, they have 14 days to do so, and the time starts tomorrow.
In summary, both the SEC and Ripple have chosen to continue the fight.
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US job growth slows in August, hints at recession 👀
The US August jobs report showed job growth slowed, with just 142,000 new non-farm jobs created, lower than the 160,000 expected.
👨🌾 The unemployment rate fell slightly to 4.2%, as expected, and was the lowest since June, marking an improvement after four straight months of increases.
However, the report also showed a downward revision to the number of jobs created in the previous two months, with a total of 86,000 fewer than initially reported.
🔥 These signs of decline have raised concerns about the risk of an economic recession, sending stocks tumbling, with the S&P 500 down nearly 5%.
✍️ The weak job market could prompt the Federal Reserve (FED) to consider cutting interest rates, creating a positive signal for the cryptocurrency market, especially Bitcoin.
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I just battled against @wanyjk19.eth!
Join me on Battle Feed!