Jack Dorsey Donates $5 Million to Bitcoin Development

Apple's Bitcoin App Rejection, Dorsey's Generous Donation, and FTX CEO's Legal Battle ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $1.01T (-4.24%) 24 Hour Volume $41.07B (+38.81%) Notable Movers[(TWT) $0.8084]( (+5.75%) Notable Movers (DeFi)[(DEXE) $2.13]( (+10.34%) Bitcoin Dominance 47.58% [(+0.10%)]( Bitcoin Price[(BTC) $24,851.97 (-4.32%)]( Ethereum Price[(ETH) $1,630.42 (-6.69%)]( Cardano Price[(ADA) $0.2553 (-7.26%)]( Today’s Top Stories [Apple Rejects Another Bitcoin App]( Apple has rejected the latest version of Zeus, a Lightning-enabled Bitcoin wallet, due to concerns over the transmission of virtual currency without proper licenses and permissions. This decision follows Apple's recent dispute with Damus over a similar issue. [Former Twitter CEO Jack Dorsey Donates $5 Million to Bitcoin Non-Profit]( Jack Dorsey's #startsmall organization has pledged $5 million to Bitcoin development nonprofit Brink, providing crucial support for their mission to foster open-source development for Bitcoin and strengthen the Bitcoin network. This significant financial commitment will enable Brink to attract talent, expand educational initiatives, and provide ongoing assistance to Bitcoin developers. [Former FTX CEO Sam Bankman-Fried Granted Ability To Contest Charges]( FTX founder Sam Bankman-Fried has been granted the ability to contest additional charges in the United States after a judgment from the Bahamas Supreme Court, causing a delay in adding the charges to the case. Bankman-Fried's legal team intends to pursue judicial review in the Bahamas, potentially extending the legal proceedings beyond the planned trial date in the U.S. [Crypto Bot Borrows $200 Million for $3 Profit]( An arbitrage bot executed a flash loan in the DAI stablecoin from MakerDAO, generating a small profit after transaction fees. Flash loans have gained notoriety for potential misuse in the decentralized finance (DeFi) space. [Bitcoin-Friendly Miami Mayor Announces Bid for U.S. President]( Miami Mayor Francis Suarez, known for his embrace of Bitcoin and efforts to position Miami as a crypto-friendly city, has officially launched his campaign for the Republican nomination for President. His entry adds a new dimension to the Republican field and highlights the increasing influence of cryptocurrencies in politics. [Read The Full Newsletter]( [Rate Hikes and the Fed – How Do They Affect Crypto Markets?]( Rate Hikes and the Fed – How Do They Affect Crypto Markets? The relationship between the Fed and financial markets is complex. Learn how changes in the monetary policy affect the markets. [Read More]( [Delistings, Lawsuits and Unregistered Securities: How SEC's Actions Are Impacting Crypto]( Delistings, Lawsuits and Unregistered Securities: How SEC's Actions Are Impacting Crypto SEC has rattled the crypto market with its crackdown on unregistered securities, leaving stakeholders in a state of uncertainty. Let's see how these events affect crypto in the long run! [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