XRP

Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen ($8.5 million) in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Japanese billionaire entrepreneur Yusaku Maezawa. The new round brings HashPort’s total funding to 2 billion yen ($14.2 million).  According to the July 28

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

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

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

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

Bitcoin broke below the support of its narrow range on July 24, but the bears have not been able to capitalize on it and start a sharp downward move. This is a positive sign, as it shows a lack of aggressive selling at lower levels. The bulls will have to push and sustain the price back

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?

Ether price is down today, and several data points are beginning to suggest that further downside could be in store.  On July 24, Ethereum (ETH) experienced a drop close to its monthly low, reaching $1,825, amid Bitcoin’s negative price action, as uncertainty loomed over macroeconomic conditions and a potential whale sell-off. Several on-chain and technical

Bitcoin (BTC) plunged to $29,000 on July 24, signaling that bears are trying to seize control. It looks like the failure to hold on to the higher levels may have tempted short-term bulls to book profits and aggressive bears to initiate short positions. Although the near term looks bearish, long-term investors remain unfazed and they

Conic Finance, a liquidity pool balancing platform for the decentralized finance (DeFi) protocol Curve, has suffered an exploit on the Ethereum omnipool. Conic Finance has been exploited for $3.26 million in Ether (ETH), the Web3 risk-alert source Beosin Alert reported on July 21. Nearly the entire amount of stolen cryptocurrency was sent to a new

Crime in Web3 is shifting away from Bitcoin (BTC) to stablecoins while ponzi schemes remain prevalent, according to Elliptic’s former head of technical crypto advisory. Tara Annison shared the latest insights from the murky world of cryptocurrency-related crime during a presentation on the final day of EthCC in Paris, addressing a wide variety of ways in

XRP rocketed higher by nearly 100% last week, and is up 8% on the day today following last week’s ruling, revealing the asset is not a security. The recent surge to the upside has pushed momentum through a six-year long resistance line, according to the quarterly Relative Strength Index. Will such a high timeframe breakout

The XRP price recorded a stunning rally after district judge Analisa Torres published the summary judgment in the legal battle between Ripple and the Securities and Exchange Commission (SEC). But after rising by almost 100 % temporarily on the day of the decision, the XRP price saw an initial consolidation. Now, price could break out

The second quarter of the year has been a solid one for Bitcoin’s performance as its market dominance gained against altcoins which “bled” throughout the quarter according to CoinGecko. On July 18, the crypto data aggregator released its industry report for Q2 2023 which noted Bitcoin (BTC) and Ether (ETH) continued to build upon their

Following the legal victory by the digital payment network, Ripple, Representative Ritchie Torres has written a letter to the US Securities and Exchange Commission (SEC) urging them to reconsider their approach to regulating cryptocurrencies.  The letter, addressed to SEC Chair Gary Gensler, highlights the recent decision by Judge Analisa Torres of the Southern District of

In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), District Judge Analisa Torres has referred the case to Magistrate Judge Sarah Netburn for General Pretrial, including the crucial aspects of scheduling, discovery, non-dispositive pretrial motions, and settlement. The General Pretrial refers to a pre-trial hearing where the attorneys

As the tides of the crypto world surge with the force of emerging technologies and continuous innovation, the navigation toward regulatory clarity within the United States has always been a challenging venture. And recent events in the crypto market seem to have set the groundwork for what could be the path to clarity. Ripple’s recent

The recent ruling in favor of XRP has dispelled any negative regulatory challenges it had been facing, resulting in a head-turning rally over nearly 100% in 24 hours. Enough people are now paying attention to Ripple’s cryptocurrency, that it’s starting to pull capital from Bitcoin and Ethereum. And according to the charts of the three

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

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