Good news for Kim Kardashian

Lawsuit against Kim K and Floyd Mayweather thrown out. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $841.04B (+0,08%) 24 Hour Volume $31.44B (-20.97%) Notable Movers[(EOS) $0.9826]( (+4.77%) Notable Movers (DeFi)[(SNX) $1.95]( (+1.60%) Bitcoin Dominance 38,48%[(+0,01%)]( Bitcoin Price[(BTC) $16,821.02 (-0.02%)]( Ethereum Price[(ETH) $1,233.15 (+0.24%)]( Cardano Price[(ADA) $0,3104 (-0.07%)]( Editor's Note Everything Is a Circle This year’s bid to buy the U.S Constitution failed. And if you listen to our daily podcast, you’ll know how shocked I was at the time — so many people were so certain that a copy of the U.S. Constitution would be owned by a DAO. Now, the world is getting a second chance. Or rather, a new DAO is getting a first chance to buy a different copy of the Constitution that will go up to auction at Sotheby’s. Why will this time be any different? According to ConstitutionDAO2, an added ability to donate privately will help mask the total amount raised (since the blockchain is, after all, transparent) and hopefully prevent another bidder from knowing how high to go. If this new, cleverly named ConstitutionDAO2 really does win this Constitution copy, it will prove that history does not, in fact, repeat. What’s next — a 3.5M ETH hack of a DAO, but the hacker returns the funds right away? The next time Ethereum merges, everything will just turn off? Mt. Gox victims get their funds returned within two weeks. [Today’s Top Stories ] CMC-Community Spotlight of the Day [Join CoinMarketCap Community]( Did you know the CMC has a new social network, just for crypto? 👀Check out what people are posting [here]( Today’s Top Stories Check out [CoinMarketCap Alexandria]( for tech deep dives, analysis, daily news and easy-to-understand guides on how crypto works! [EthereumMax lawsuit thrown out]( 🚨 Before we delve into the latest twists and turns at FTX, some interesting news about EthereumMax. A judge has thrown out a lawsuit that accused Kim Kardashian and Floyd Mayweather of misleading investors by endorsing the altcoin. EMAX — which has nothing to do with Ethereum, the world's second-largest digital asset — has fallen by 99.82% from an all-time high set in May 2021. The court ruled that plaintiffs suing the A-listers couldn't prove whether they had actually seen their ads on social media. Kim K was paid $250,000 to post about EthereumMax on Instagram, with British regulators saying her financial promotion may have had the "single biggest audience reach in history." She paid a $1.26m fine to the SEC earlier this year. [Feds investigate SBF's ties to LUNA]( 👀 Prosecutors are examining whether Sam Bankman-Fried's empire helped cause the implosion of Terraform Labs and LUNA earlier this year, according to The New York Times. Tens of billions of dollars was wiped from the crypto markets when UST, an algorithmic stablecoin, lost its peg to the dollar — causing a bank run on LUNA in the process. Reports suggest SBF's trading firm Alameda Research had placed "big bets" on the price of LUNA falling that didn't pay off. It's claimed that this caused loans taken out by Alameda to be called in — prompting it to borrow customer funds that FTX allegedly had no legal right to lend. All of this comes as a criminal investigation into the exchange's demise continues in The Bahamas. [Bankman-Fried may face subpoenas]( 😱 Over in Congress, U.S. politicians are determined to get answers from Bankman-Fried. Maxine Waters has said the House Financial Services Committee may issue a subpoena if the embattled crypto entrepreneur fails to testify on Tuesday. Meanwhile, the Democratic chairman of the Senate Banking Committee has officially invited SBF to appear at a hearing next Thursday. In a letter to FTX's founder, Senator Sherrod Brown said the 30-year-old "must answer" questions about the "clear misuse of funds" at his exchange. SBF has been given a deadline of 5pm today to confirm his attendance — and Brown warned he is willing to issue a subpoena "to compel his testimony" if he fails to do so. [$45-a-day limit at Nigerian ATMs]( 🇳🇬 Nigerians can now only withdraw $45 a day from ATMs — with officials attempting to boost adoption of its flagging central bank digital currency. The new policy, which caps weekly withdrawals at $225, comes five months after the Central Bank of Nigeria's governor criticized local financial institutions for failing to support the eNaira. This CBDC was introduced to the country of 211 million in October 2021, but less than 1% of its citizens are yet to embrace it. Corporations are limited to withdrawals about five times larger than individuals, and banks are being threatened with "severe sanctions" for "aiding and abetting" circumvention of the policy. Banks there fear the CBDC will hit their profitability and cut them off from customers. Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Written by Molly Zuckerman and Connor Sephton Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? [Sign up here]( for Daily Newsletters, Promotions and Events and Prices [ADVERTISE]( | [CAREERS]( | [FAQ]( © 2022 CoinMarketCap [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States