US crypto bills on the move, Worldcoin launches and Russia’s CBDC: Hodler’s Digest, July 23-29

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US crypto bills on the move, Worldcoin launches and Russia’s CBDC: Hodler’s Digest, July 23-29
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Want to read updates on crypto legislation hitting the House floor in the U.S., Worldcoin's controversial launch and Russia's digital ruble? Find out in this week’s Hodler’s Digest!

“Our case and the decision rendered by our judge [Torres] will provide comfort to other judges that the SEC is just misguided.”“In the months to come, we will add [to X] comprehensive communications and the ability to conduct your entire financial world. The Twitter name does not make sense in that context.”“A world with no proof-of-personhood seems more likely to be a world dominated by centralized identity solutions.

Among traders, there was still an appetite for BTC price downside, with the $30,000 resistance now in place for over a week. Popular pseudonymous trader Crypto Tony confirmed that he remained short on BTC below $29,600. “I expect continuation down to $28,000 in time, but for sure we could range here for a little while before the drop,” he told Twitter followers on the day.Blockchain security firm Quantstampin a 2017 initial coin offering following charges brought by the U.S. Securities and Exchange Commission for allegedly conducting an unregistered ICO of “crypto asset securities.

, according to multiple reports on social media on July 28. Data from the Maestrobots trading app shows that the token reached a price of $0.36 before collapsing to near zero in a span of five minutes. According to initial reports, PNDX had a faulty transfer function that allows users to transfer coins from any other user. Investors lost at least $2.2 million in the launch.

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