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Share link:In this post: Apple filed a lawsuit claiming that Oppo hired Chen Shi, a former Apple Watch engineer, and encouraged him to take confidential health-sensing data to build a competing wearable. Before leaving Apple in June, Shi allegedly downloaded 63 internal documents. Apple says this case fits a broader pattern, referencing past incidents involving trade secrets going to China.
Share link:In this post: A 12-year-old USPTO document has sparked claims that the U.S. government owns the “XRP” patent. While real, the document was initiated by OpenCoin, the now Ripple. Ripple Labs currently has 67 trademark applications and 18 approved patents.
Seven major asset managers, including Grayscale and Franklin Templeton, updated their filings for spot XRP ETFs on August 22, shortly after the Ripple–SEC case concluded.
Currently at a $600 Billion market cap, ranked as the 25th largest tech company in the world
The Philippines introduced a bill to acquire 10,000 BTC over five years, locking holdings for two decades. Supporters highlight diversification benefits, while critics warn of risks as global governments accelerate sovereign Bitcoin accumulation.
- 05:02Bitcoin whales have sold 115,000 BTC in the past month, marking the largest sell-off since mid-2022.According to a report by Jinse Finance, as disclosed by Cointelegraph, analysts say that bitcoin whales have sold up to $12.7 billions worth of bitcoin over the past month. If the sell-off continues, it could further suppress its price in the coming weeks. CryptoQuant analyst "caueconomy" pointed out last Friday: "The trend of major bitcoin network participants reducing their holdings is intensifying, reaching the largest token distribution of the year." They added that over the past thirty days, whale reserves have decreased by more than 100,000 bitcoins, which "indicates a strong risk-averse sentiment among large investors." This selling pressure "is punishing the price structure in the short term," ultimately pushing the price below $108,000. According to CryptoQuant data, as of last Saturday, this was the largest whale sell-off since July 2022, with a 30-day change of 114,920 bitcoins, valued at approximately $12.7 billions at current market prices.
- 04:16Barclays raises its forecast for Fed rate cuts this year to three timesJinse Finance reported that Barclays expects the Federal Reserve to cut interest rates three times in 2025, each by 25 basis points, in September, October, and December, which is higher than the previous forecast of two 25 basis point cuts in September and December.
- 04:07Chainlink CEO meets with US SEC Chairman to discuss compliant pathways for asset tokenizationJinse Finance reported that Chainlink CEO Sergey Nazarov met with US SEC Chairman Paul Atkins to discuss compliant pathways for asset tokenization. Nazarov stated that the SEC is accelerating efforts to incorporate blockchain assets into existing securities regulations, with full compliance expected to be achieved by mid-next year. The SEC recently issued a joint policy with the CFTC to support spot trading of certain crypto assets and launched the "Project Crypto" initiative. The Chainlink network has already been used by the US Department of Commerce to publish economic data, demonstrating the accelerated implementation of on-chain applications.