Celebrities Face Legal Battle: EthereumMax Lawsuit Moves Forward

Crypto News Update: SEC Charges, Ethereum Network Disruption, and Celebrity Lawsuit Progress ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $1.10T (-1.11%) 24 Hour Volume $34.18B (-31.76%) Notable Movers[(XDC) $0.03458]( (+3.65%) Notable Movers (DeFi)[(RLC) $1.51]( (+10.33%) Bitcoin Dominance 46.55% [(+0.21%)]( Bitcoin Price[(BTC) $26,457.19 (-0.55%)]( Ethereum Price[(ETH) $1,844.42 (-0.77%)]( Cardano Price[(ADA) $0.3264 (-3.25%)]( Today’s Top Stories [Despite SEC Charges, Coinbase Won’t Delist Assets or Shut Down Staking]( Coinbase has confirmed that it will continue supporting listed assets and staking services despite the SEC's allegations, assuring users that it's "business as usual." However, previous actions, like halting XRP trading, raise some uncertainty, and Cardano developer Input Output disputes the inclusion of its ADA token in the SEC's case. [Arbitrum Stops Processing Transactions]( The Ethereum layer-two network Arbitrum experienced a temporary disruption in transaction processing due to a software bug, causing network stress for several hours. However, the developers swiftly deployed a fix, and the network is now back to normal operation, showcasing the challenges faced by emerging blockchain technologies. [Kim Kardashian and Other Celebrities’ EthereumMax Lawsuit Will Continue]( A judge in Los Angeles has ruled that Kim Kardashian, Floyd Mayweather, and other celebrities cannot evade claims made by investors in the EthereumMax crypto token, alleging deceptive promotion during the 2021 cryptocurrency boom. The ruling emphasizes the need for disclosure and valid basis in promoting cryptocurrencies and serves as a warning to celebrities and social media influencers. [Twitter Co-Founder Jack Dorsey Claims ETH is a Security]( Twitter co-founder Jack Dorsey ignited a debate on whether Ether was a security, drawing contrasting opinions from crypto experts. The discussion took place amidst ongoing lawsuits by the SEC against crypto exchanges and references to Ethereum's status as a security in a lawsuit filed by the New York Attorney General. [UK To Toughen Crypto Marketing Rules]( The UK Financial Conduct Authority (FCA) is introducing new regulations to address the mismatch between consumers' investment decisions and risk tolerance in crypto marketing. These rules include clear risk warnings, non-misleading advertisements, and a cooling-off period for first-time investors. [Read The Full Newsletter]( [The Catalyst Effect: Why Lisbon Congress Center is the Ultimate Venue]( The Catalyst Effect: Why Lisbon Congress Center is the Ultimate Venue The stage is all set for Catalyst at Lisbon Congress Centre. The conference offers more than just talks. Find out how to make the most of your time in Lisbon! [Read More]( [Technical Analysis: BTC, ETH, NEAR, ADA, FTM and AVAX (June W1)]( Technical Analysis: BTC, ETH, NEAR, ADA, FTM and AVAX (June W1) With SEC targeting the crypto industry, let's see which giant took the least hit! [Read More]( Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( 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]( © 2023 CoinMarketCap [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States