Ethereum (ETH) co-founder Vitalik Buterin in a Dec. 19 interview with Bankless, said Ripple’s XRP “was still completely centralized.” According to Buterin, for a project to have itself as part of the crypto space, it needs to use cryptography and have “some kind of chain data structure somewhere.” He added that XRP hasn’t apologized for…
A U.S. court has ruled in favor of the Securities and Exchange Commission (SEC) in its case against LBRY, as it ruled that the blockchain network offered its LBC token to investors as a security. We lost. Sorry everyone. — LBRY 🚀 (@LBRYcom) November 7, 2022 According to the Nov. 7 judgment, Judge Paul J….
The number of firms backing Ripple (XRP) against the U.S. SEC has increased to 12, with the latest being a Wyoming-based decentralized organization VeriDAO, which filed an amicus brief on Nov. 3. According to the court filing, the SEC had brought a lawsuit against the DAO that its VERI tokens were unregistered securities on Aug….
Ripple XRP Ledger (XRPL) will now support non-fungible tokens (NFTs) after the community passed the XLS-20 proposal on Oct. 31. With the new development, developers can create unique digital assets on the blockchain network without affecting its network security or efficiency. Top executives at Ripple, like CEO Brad Garlingouse and CTO David Schwartz, described the…
Crypto exchange Coinbase has filed an amicus brief in support of Ripple (XRP), arguing that the SEC’s lawsuit led to retail traders losing $15 billion. According to the exchange, the SEC action forced U.S.-based exchanges to delist XRP, causing retail customers significant losses as the coin’s market cap declined. The U.S.-based crypto firm continued that…
Ripple (XRP) Labs’ director of engineering Nik Bougalis has announced that he will leave the company after ten years in an Oct. 22 Twitter thread. “All good things…” My decade-long journey at @Ripple has been a fantastic (if exhausting and all-consuming) one. I got to work on a project that I love, towards a goal…
The U.S. SEC has submitted documents of former Director William Hinman to Ripple (XRP), according to an Oct. 20 tweet from Ripple General Counsel Stuart Alderoty. Over 18 months and 6 court orders later, we finally have the Hinman docs (internal SEC emails and drafts of his infamous 2018 speech). While they remain confidential for…
Peersyt Technology has launched a sidechain that integrates Ethereum Virtual Machine (EVM) into Ripple’s XRP Ledger (XRPL). The sidechain is available on XRPL Devnet for developers to start testing before it goes live. 📢Thrilled to announce the launch of the first #XRPL #Sidechain compatible with #EVM!🔗 This #Devnet version with its #Explorer and #Bridge is…
Crypto influencer Ben Armstrong (BitBoy Crypto) alleged that former SEC Director William Hinman accepted bribes to declare Ethereum (ETH) a commodity in an Oct. 9 tweet. Gotta say when #ETHGate dropped I was about at the same place @IOHK_Charles is. He makes many valid points in thread. However, William Hinman certainly accepted bribes. It’s CLEAR….
Ripple has criticized the Securities and Exchange Commission (SEC) over its opposition to the amicus briefs filed by I-Remit and TapJets, according to an Oct. 5 tweet from defense lawyer James Filan. #XRPCommunity #SECGov v. #Ripple #XRP Ripple slams the SEC and the SEC’s opposition to the I-Remit and TapJets motions to file amicus briefs….