The U.S. Securities and Exchange Commission (SEC) recently filed a Form C (Civil Appeal Pre-Argument Statement) in the ongoing legal case against Ripple. This filing represents a last-minute appeal aiming to overturn the final ruling issued by U.S. District Judge Analisa Torres.

During the first-ever G7 meeting with a dedicated Defense session in Naples, Russian President Vladimir Putin made significant announcements at the BRICS Business Forum, signaling a shift in global economic dynamics. He revealed that the BRICS nations—Brazil, Russia, India, China, and South Africa—have officially adopted cryptocurrencies for investment purposes, marking a crucial step toward new economic strategies within the bloc. In addition, Putin announced the upcoming launch of BRICS Pay, a blockchain-based payment platform aimed at facilitating cross-border transactions among member nations.

Metis, a Layer 2 blockchain platform built on Ethereum, has announced further advancements in its integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) through a statement on its X account. This technology is designed to enhance interoperability between blockchains, signaling a new wave of innovation.

TikTok, one of the most popular apps worldwide, is under scrutiny by UK authorities for suspicious activities resembling those of cryptocurrency exchanges. According to Financial News, a compliance expert has alerted the Financial Conduct Authority (FCA), suggesting that TikTok should be subject to anti-money laundering (AML) and anti-terrorism financing checks.

Tesla has recently transferred nearly all of its Bitcoin holdings, valued at over $760 million, to anonymous wallets, sparking rumors that Elon Musk might be preparing to sell the company’s cryptocurrency assets. On Tuesday, October 15, 2024, more than 11,500 Bitcoin were moved from Tesla-linked wallets to undisclosed addresses, according to Arkham Intelligence. As a result, Tesla's Bitcoin holdings now stand at just $6.74 in BTC.

The price of Ethereum (ETH) has struggled in recent months, with Zaheer Ebtikar, founder of Split Capital, attributing this underperformance to poor strategic decisions by the Ethereum Foundation. Crypto experts are questioning whether ETH can hit the $3,000 mark by October, though there are no major catalysts expected in the short term to support such a rally. A 10% price increase would be required to reach this threshold.