Tagged: xrp

Hinman Deposition in SEC vs. Ripple Labs Time to Look Back

A judge’s decision to depose former Securities and Exchange Commission director William Hinman in the case of the SEC vs, Ripple Labs has the cryptocurrency industry talking, so now is a good time to revisit Hinman’s comments as a refresher. Hinman made the comments at… Read More

Research Note: Bitcoin Not Alone in Recent Price Woes

Don’t say she didn’t warn you, GlobalBlock sales trader Alexandra Clark said in her latest research notes. As Bitcoin continued plummeting, contributing to the downward spiral was the lacklustre performance of crypto stock Galaxy Digital Holdings, which shed 63 percent of its value from its… Read More

European Digital Asset Manager CoinShares Reports Another Quiet Week with Minimal Net Inflows of $2.9M

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (July 19) that for the week ending July 19,… Read More

Ripple to Expand from Cross-Border Payments to Tokenized Services, Bringing Crypto Capabilities to Enterprises, Company Exec Reveals

Asheesh Birla, GM – RippleNet at American Fintech Ripple, which is currently involved in a lawsuit from the US Securities and Exchange Commission (SEC), recently published a blog post, titled, “Evolving RippleNet for a Tokenized Future.” Birla writes that cryptocurrency and blockchain or DLT are… Read More

Bitcoin and other Crypto Addresses Associated with Hamas Donation Campaigns Now Seized by Israeli Government: Report

Israel’s National Bureau for Counter Terror Financing (NBCTF) has shared information on the “seizure” of virtual currency held by several different crypto wallets that are believed to be associated with donation campaigns “carried out by Hamas.” As noted in a report from Chainalysis, the seizure… Read More

Bitcoin Records its Weakest Second Quarter Ever, and One of the Weakest Since 2011: Report

The team at NYDIG, a financial services and technology company dedicated to Bitcoin, has taken a look back at the second quarter and the events that “shaped it,” as well as looking forward to key events in the foreseeable future. The report from NYDIG acknowledges… Read More

SEC v. Ripple: Implications of Ripple’s Fair Notice Defense

In December 2020, the Securities and Exchange Commission (SEC) filed a complaint in a New York federal court against Ripple Labs, Inc. and two of its executives alleging that Ripple had sold $1.3 billion in XRP cryptocurrency tokens in a series of unregistered securities offerings…. Read More

Boerse Stuttgart Digital Exchange Now Offering Mobile App for Bitcoin, Ethereum, Litecoin, XRP Trading

As Germany’s very first regulated trading platform for crypto-assets, Boerse Stuttgart Digital Exchange (BSDEX) now also provides investors a mobile app for trading major digital currencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and XRP. The mobile app is currently available via app stores… Read More

DeFi: Kava Labs Hard Money Market V2 to Add Support for More Digital Assets, Stablecoins

Adam Turman, Developer Support Engineer at Kava Labs, which is focused on “democratizing” financial services and making them more accessible to “anyone, anywhere” across the globe, notes that when Hard Money Market V2 was introduced on April 8, 2021, Binance USD (BUSD) had been the… Read More

European Digital Asset Manager CoinShares Reports Crypto Investment Products Saw Inflows of $489M in Past Week

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Tuesday (May 4, 2021) that digital asset investment products saw… Read More

XRP Lawsuit: Attorney Says it’s “Clear” that SEC Failed to Comply with Order to Share Internal Documents Requested by Ripple

Jeremy Hogan, Parnter at Hogan & Hogan, reveals that CryptoLaw has shared American Fintech Ripple’s response to the US Securities and Exchange Commission’s (SEC) letter which is disputing (essentially) “parts of the Court Order” from earlier in April 2021 that are “related to internal communications.”… Read More

CoinShares Reports that “Poor Sentiment” for Bitcoin led to Low Inflows of $1.3M, “Masking Improving Appetite” for Ethereum

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Tuesday (April 26, 2021) that “poor sentiment” for Bitcoin led… Read More

London based CoinShares, a Leading Digital Asset Manager, Reveals XRP Recently Saw Inflows of $33M, Almost Doubling its AUM

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (April 19, 2021) that inflows into digital asset investment… Read More

Price of XRP Rises as Perception Improves of Ongoing Lawsuit Between Ripple and SEC

Back in December of 2020, the Securities and Exchange Commission (SEC) posted a complaint alleging that Ripple engaged in the sale of an unregistered security. The enforcement action included Christian Larsen, the company’s co-founder, executive chairman of its board, and former CEO, and Bradley Garlinghouse,… Read More

Ripple Acquires 40% Stake in Asian Payments Fintech Tranglo

Ripple has agreed to acquire a 40% stake in cross-border payments Fintech Tranglo, according to a public release. Tranglo, based in Malaysia but operates across Asia, reports 1300 partners having completed 20 million transactions at $4 billion in value. Tranglo claims to be one of… Read More

Pankaj Balani: Delta Exchange CEO Predicts that Crypto Derivatives will Grow Significantly in Coming Years, but 2021 Is the Year of Options

We recently connected with Pankaj Balani, Co-founder and CEO at Delta Exchange, an established digital assets derivatives trading platform. Delta Exchange offers cryptocurrency futures and derivatives trading across Bitcoin and major altcoins with up to 100x leverage. As previously reported, the company aims to support… Read More

Ripple Prepares Motion to Dismiss in Lawsuit by SEC Pertaining to XRP

Ripple is preparing to file a motion to dismiss in its ongoing legal battle with the Securities and Exchange Commission (SEC). Last December, it was reported that the SEC had filed a complaint charging Ripple with the sale of an unregistered security. Included in the… Read More

MoneyGram to Stop Using Ripple’s XRP based Fund Transfer Service due to “Uncertainty” Surrounding Ongoing Litigation with SEC

MoneyGram International, Inc. (NASDAQ: MGI), a major cross-border P2P payments and money transfers service, has confirmed that it will no longer be using American Fintech Ripple Labs’ XRP-powered liquidity product. MoneyGram stated that it decided to stop using the technology due to the “uncertainty” surrounding… Read More

Nearly 40% of US Consumers like Tesla Inc’s Decision to Accept Bitcoin as a Payment Method, according to New Survey

Consumer sentiment regarding Bitcoin (BTC) as a legitimate payment method has changed significantly following the historic crypto market bull run, which is truly unprecedented. With BTC prices reaching all-time highs (briefly hitting $49,000) on the heels of Elon Musk’s tech firm Tesla’s announcement that they’ve… Read More

Ajit Tripathi from Aave, a Leading DeFi Platform, Comments on Differences Between Technical and Economic Decentralization

Lex Sokolin, CMO at blockchain firm ConsenSys and Co-Head of Fintech and DeFi at ConsenSys Codefi, recently engaged in a conversation with Ajit ‘Half Boomer’ Tripathi, the Head of Institutional Business at Aave (AAVE), a leading decentralized finance (DeFi) platform. 2/ We covered a lot of… Read More

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