XRP

Ratings agency Fitch downgraded the United States’ long-term credit rating from AAA to AA+ on Aug. 1 and this move dented the risk on sentiment. The U.S. equities markets witnessed profit-booking on Aug. 2 and the cryptocurrency market’s recovery stalled in its tracks. However, after the knee-jerk reaction, the markets may settle down. The cryptocurrency

Following the landmark court ruling in Securities & Exchange Commission (SEC) case, Ripple has cleared up some widespread misconceptions regarding the ruling. The company provided a detailed Q2 2023 XRP markets report today, where it underscored the verdict’s implications and presented key statistics about its XRP holdings. On July 13, 2023, a significant milestone was

Bad news for Ripple and XRP? The U.S crypto regulation landscape, already mired in uncertainty, has been thrown into further turmoil yesterday following diverging judicial opinions about the classification of cryptocurrencies as securities. However, Ripple Labs’ Chief Legal Officer (CLO) Stuart Alderoty has held firm, insisting that a recent controversial ruling against Terraform Labs has

Amid accelerated efforts to expand its global presence, Ripple Labs has allied with Catalyze Research to boost XRP Ledger (XRPL)’s user base in South Korea.  Leading web3 and blockchain-focused consultancy firm, Catalyze Research, took to Twitter to announce the strategic collaboration on July 26, following Ripple’s official blog announcement on Tuesday, July 25. This partnership will

The price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges. On July 29, the WLD price rose nearly 6% to $2.35. Still, the token was down 70% from its market debut peak of $7.50. It now appears stuck inside the $2–2.50 trading range, hinting at a growing bias conflict in the

Brian Korn, a partner at Manatt, Phelps & Phillips LLP, a Los Angeles-based law firm of more than 450 attorneys, has introduced a thought-provoking argument regarding the legal battle between SEC v. Ripple that could have far-reaching consequences for the broader crypto industry’s secondary market. The ruling, which was rendered on July 13, carried some

The year 2022 was not a very good year for Cosmos and its vision of inter-blockchain communications (IBC). The collapse of the Terra Luna ecosystem (the biggest protocol on Cosmos at the time), tension between co-founders and a fall in the token’s price all cast a shadow on its future prospects. That said, projects such

Following the summary judgment delivered in favor of Ripple in the ongoing XRP vs. SEC lawsuit, the Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler, remains taciturn on the commission’s next line of action.  During a segment on Bloomberg TV, Gensler was evasive on questions bothering on whether the SEC intends

The recent flood of scam tweets on pro-XRP lawyer Jeremy Hogan’s hacked account has finally dried up after nearly four days. Since July 24, the XRP community has been diligently warning others and tagging Twitter’s support after they noticed Hogan’s account tweeting malicious links for a purported XRP (XRP) giveaway. As of 1 am on

Ripple Chief Legal Officer, Stuart Alderoty, has stated that despite the recent federal court ruling that determined XRP as not a security when sold to the general public, Ripple’s battle for regulatory clarity is far from over.  Alderoty commented on TechCrunch’s Chain Reaction podcast, highlighting the ongoing need for a rational, comprehensive, and understandable regulatory

The latest legal action against Block.one (B1), the creator and original seller of EOS (EOS), could potentially help plaintiffs get higher compensation, according to EOS Network Foundation (ENF) founder and CEO Yves La Rose. On July 25, La Rose officially announced that ENF is preparing a lawsuit against Block.one for its failure to follow through

Crypto lawyer and XRP advocate John Deaton has put forward a viewpoint, underlining that either of the U.S. Securities and Exchange Commission’s (SEC) probable routes of action in its case against payment company Ripple could significantly influence the future of the crypto landscape. Deaton’s assertions shed light on the situation’s complexity and the potential impact

In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), the crypto community has eagerly anticipated the SEC’s next move.  A pro-crypto lawyer, James Murphy, has outlined four potential options the SEC may consider in response to Ripple’s partial legal victory. Will The SEC File For Interlocutory Appeal Against Ripple?

Concerns of a potential appeal by the United States securities regulator to the landmark Ripple ruling earlier this month were shrugged off by Ripple’s chief legal officer Stuart Alderoty. Alderoty believes if the SEC takes the case to an appeal, the court could move to consolidate Ripple Labs’ partial victory over the financial regulator even

Chinese blockchain Sputnik’s maiden voyage A Chinese satellite has become the first in the world to carry a blockchain imaging and screening system into orbit.  According to local news outlet Red Star News on July 22, the Tai’an Star Era 16 was successfully launched into orbit from the China Jiuquan Satellite Launch Center. Developed by

Worldcoin (WLD), the native token of the “privacy-preserving digital identity (World ID)” project founded by OpenAI co-founder Sam Altman, soared after listing on major crypto exchanges on July 24.  At the time of writing, WLD trades at $2.22, reflecting a 33% gain on the day. Despite criticism from nearly every corner of the crypto sector,

Ripple CEO Brad Garlinghouse has condemned the United States securities regulator over recent comments from its lawyers that hint at a possible appeal to its case against Ripple. In a July 23 tweet, Garlinghouse slammed the regulator for its “regulation by enforcement” approach, arguing it has only served to hurt retail investors. “​​The SEC created

Following Ripple’s recent legal win against the U.S. Securities and Exchange Commission (SEC), the crypto community is abuzz with speculation about possible appeals and their potential impact on XRP investors.  On July 13, Judge Analisa Torres ruled that XRP is not a security, dismissing the SEC’s longstanding allegations that Ripple had conducted an unregistered securities

With less than two weeks until Litecoin’s halving, when the miner’s block subsidy will be cut in half, traders are questioning whether the additional scarcity effect will be enough to sustain the LTC price above $90.  Litecoin’s (LTC) price has declined by 19% in the last 18 days, but it has shown a positive 31%

Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), addressed the XRP case and the recent verdict. A U.S. court ruled that the token is not a security, granting a win for payment company Ripple. Related Reading: Ripple CEO Garlinghouse Takes On SEC, Calls Them A ‘Bully’ In Wake Of XRP Ruling The