Why network Is Trending Today?

Newsmax, a conservative American news network, has agreed to pay $67 million to settle a defamation lawsuit brought by Dominion Voting Systems. The settlement comes after Newsmax made false claims about Dominion's role in the 2020 U.S. presidential election. Following the settlement, Newsmax has urged businesses to leave the state of Delaware.

Succinct (PROVE), a decentralized prover network, saw its token price surge by 34% following its listing on Bitget and the launch of its mainnet. The token reached $1.50 on August 5, marking a significant milestone after the mainnet launch. The project, backed by Paradigm, has gained substantial attention, rallying 150% following its exchange listing. Mantle has integrated the Succinct Prover Network to enable zero-knowledge proofs, further boosting its potential. Despite the bullish momentum, some analysts question whether Succinct can truly prove its listing strength, with a potential accumulation phase hinting at future growth.

Europol arrests five suspects and dismantles a €470 million cryptocurrency fraud and money laundering network operating across Europe.