Stakeholders in the crypto community are complaining about the prevalence of scam bots accounts on Twitter, urging the social media site to find a solution to the menace. Ripple’s (XRP) CEO Brad Garlinghouse shared a mail where the social media platform refused to block an account impersonating him, saying the account was “not in violation…
The case between the U.S. SEC and Ripple Labs could finally end after both parties filed for summary judgment. According to motions filed before the U.S. District Court of the Southern District of New York, the two parties are asking the court to give a summary judgment based on the evidence and arguments already presented. Summary…
Ripple’s (XRP) advisor on central bank digital currency (CBDC), Anthony Welfare, revealed that the company has “several pilots” in the works related to CBDCs which will be made public in the coming weeks. Thanks @sentosumosaba for the mention – make sure you follow me for more CBDC announcements in the next few weeks 👌👌👌 —…
Ripple community members have turned on Ethereum (ETH) co-founder Vitalik Buterin for his tweet on XRP. XRP already lost their right to protection when they tried to throw us under the bus as “China-controlled” imo:https://t.co/t6cbMtjsEV — vitalik.eth (@VitalikButerin) August 17, 2022 Buterin, while praising Ethereum community members, said XRP lost its right to protection after…
Ripple Labs could be interested in buying the assets of embattled crypto lender Celsius Network, Reuters reported Aug. 10. A Ripple spokesperson reportedly said the firm was interested in looking for M&A opportunities to scale its business. However, the San Fransico-based company refused to confirm if it would purchase Celsius assets outright. “We are interested…
Over 70,000 Ripple (XRP) holders have joined John Deaton’s class action lawsuit against the U.S. Securities and Exchange Commission (SEC). 70,100 as of now. @GaryGensler & @SECEnfDirector over 70K #XRPHolders from diverse backgrounds from all 50 states, every U.S. territory, and 141 Countries around the 🌍 have joined together to fight 🆚 your unlawful expansion…
Bitcoin’s (BTC) price crashed to its lowest in the last seven days in the early trading hours of July 26, pulling the industry’s market cap to less than $1 trillion, per CoinMarketCap data. According to the data, Bitcoin lost over 4% of its value in the last 24 hours and traded for as low as…
Coinbase has strongly denied that it listed securities on its platform, according to a July 21 blog post by Paul Grewal, the firm’s Chief Legal Officer. 1/ Coinbase doesn’t list securities. Period. ⬇️ — paulgrewal.eth (@iampaulgrewal) July 21, 2022 SEC classifies nine crypto assets as securities The Securities and Exchange Commission (SEC), in a July…
US lawmaker Brad Sherman has questioned why the Securities and Exchange Commission (SEC) has not gone after crypto exchanges facilitating Ripple (XRP) trades if it considers it to be a security. Sherman raised this question during the Investor Protector subcommittee oversight hearing on July 19. Sherman said: “The division has determined that XRP is a…
Layer-1 blockchain Solana (SOL) is faced with a class-action lawsuit in California filed by Mark Young, an investor in the token. According to the court filing, the Solana Foundation, Anatoly Yakovenko, Solana Labs, Multicoin Capital, and FalconX profited from the sale of an unregistered security. Mark Young had bought SOL between August and September 2021…