Ripple network co-founder Chris Larsen has announced in a post on X that his personal accounts on the Ripple network were the target of an attack that resulted in the loss of XRP tokens valued at over $110 million. The announcement came a few hours after a pseudonymous on-chain crypto ...
Veteran attorney Bill Morgan has predicted that the United States Securities Exchange Commission (SEC) has a slim chance of winning an appeal against Ripple in the ongoing XRP lawsuit. He concluded that the SEC's odds are a mere 3%. Morgan expressed this view in a tweet on October 22, 2023. ...
Ripple has recently posted a job opening for a senior shareholder communications manager, sparking speculation that the firm might be preparing for an eventual initial public offering (IPO). The listing suggests that hired personnel will be involved in crafting targeted plans for events like "M&A, investments, liquidity events, and other ...
Mastercard has announced a new project that brings together top blockchain technology and payment service providers to explore the potential benefits and challenges of central bank digital currencies (CBDCs) and how to implement them safely and effectively. In its announcement, Mastercard cited the Bank for International Settlements report that multiple ...
In the ongoing legal tussle between Ripple and the United States Securities Exchange Commission (SEC), Ripple has taken a decisive stance by countering the SEC's motion for an interlocutory appeal of Judge Torres's July 13 ruling. Ripple's response, presented in a letter dated August 16, 2023, urged the court to ...
The United States Securities Exchange Commission has made moves to appeal the recent ruling in its lawsuit against Ripple. In a letter addressed to Judge Analisa Torres on August 9, 2023, the SEC contended that the court's decisions on two key aspects of the lawsuit are wrong and carry significant ...
Ripple has revealed its plans to engage with Hong Kong's vibrant developer community and burgeoning blockchain investments. This announcement was made via a post on X (formerly known as Twitter) on August 9, 2023. The blockchain firm posted a video in which Kirit Bhatia, the Senior Director of Business Development ...
Stuart Alderoty, the Chief Legal Officer of Ripple, has firmly dismissed concerns over a potential appeal by the U.S. Securities and Exchange Commission (SEC) in the wake of a recent groundbreaking decision in favor of Ripple Labs. The judgement came on July 13, 2023, when Judge Analisa Torres ruled that ...
A consequential end (or pause) came to what could be described as arguably one of the most important legal cases in the history of cryptocurrency in the United States. Ripple secured a partial victory in its three-year-long legal battle with the US Securities Exchange Commission (SEC). This outcome felt like ...
Brian Armstrong, Coinbase CEO, is scheduled to meet with Democrats from the House of Representatives behind closed doors on Wednesday morning. This meeting comes as the cryptocurrency exchange is currently entangled in a legal dispute with the U.S. Securities and Exchange Commission (SEC). According to Bloomberg, the meeting will involve ...
