Bookmarking Crypto Insights
Auto Added by WPeMatico
One of the world’s biggest remittance companies issued a statement addressing the recent turmoil between Ripple and the U.S. Securities and Exchange Commission (SEC) due to a lawsuit filed by the regulator against the crypto company. Moneygram Distances Itself From Ripple in the Midst of the US SEC Lawsuit According to the official statement, Moneygram … Read more
Ripple’s XRP has lost almost 40% of its value after the token price dropped from $0.51 on December 21 to $0.31 at the time of writing. The token’s plunge appears to be the result of legal proceedings initiated against Ripple by the US Securities and Exchange Commission (SEC). At the time of writing, the fourth-ranked … Read more
The U.S. Securities and Exchange Commission (SEC) is set to bring a lawsuit against Ripple over the XRP cryptocurrency which it considers a security, according to Ripple CEO Brad Garlinghouse. Insisting that XRP is not a security, he calls the SEC’s lawsuit an attack on cryptocurrency that is out of step with the G20 countries … Read more
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with the notion that the payments giant’s move will lead to greater adoption cryptocurrencies. Nevertheless, the … Read more
Ripple chief executive officer Brad Garlinghouse has threatened to move the company’s headquarters overseas should the U.S. fail to level the playing field with an unambiguous regulatory framework. In a series of tweets on Oct.12, Garlinghouse said: “The lack of a single national regulatory framework is putting U.S. innovation and U.S. companies at a significant … Read more
The Flare Network plans to build a new two-way bridge connecting XRP to the Ethereum ecosystem. Go to Source Powered by WPeMatico
Brad Garlinghouse, the CEO of Ripple, has taken to Twitter urging U.S. regulators to get on board with cryptocurrencies, or risk losing global financial dominance to China. Go to Source Powered by WPeMatico
Ripple is suing Youtube, accusing the video platform of not doing enough to eliminate crypto-related “giveaway” scams. The payment network wants to force Youtube to protect its users from such scams. Some scammers promise returns up to 5 million XRP or about $930,000 at current prices, but participants in the “giveaway” never received the money, … Read more
Ripple Labs filed a lawsuit against Youtube for its “deliberate inaction” in stopping repeated XRP scams Go to Source Powered by WPeMatico
Plaintiffs in the class action lawsuit against Ripple Labs have filed another litigation complaint against Ripple CEO Brad Garlinghouse. The news follows the recent court judgment that denied Ripple Lab’s attempt to get the case dismissed. Also read: Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’ Plaintiffs Accuse Ripple Labs … Read more
