Ripple questioned the SEC's fine, arguing that it should be based on the Terraform Labs settlement and that the fine should not exceed $10 million. The SEC responded by demanding a settlement of $102.6 million.
ZeZhengRipple announced yesterday (12th) the upcoming launch of the XRPL EVM Sidechain, using Axelar as the sole bridge for the sidechain. Additionally, they introduced a new stablecoin, RLUSD.
MiyukiRipple sells 150 million XRP from reserves, impacting market dynamics. Historical trends show correlation between sales and XRP price downturns. Investors urged to monitor Ripple's sell-offs for potential market impact.
Huang BoBinance witnesses a mysterious withdrawal of 50 million XRP, part of a surge in whale activity. Unknown destination wallets hint at potential institutional involvement. Coincides with XRP's recent price rebound, suggesting strategic moves by large holders amid market changes.
Huang BoRipple CEO questions Dogecoin's value, advocating for utility-driven cryptocurrencies at Consensus 2024.
Xu LinSchwartz dispels Satoshi Nakamoto rumors at Consensus2024. Asserts "absolute proof" in social media photos. Announces Ripple's institutional DeFi vision at X account. Refutes claims, cites lack of Qt familiarity.
Huang BoWhales move over 320 million XRP amid Ripple's SEC response. Despite this, XRP price falls 1.33% to $0.5189, reflecting broader market trends. On-chain data shows reduced futures market enthusiasm. Analysts remain bullish, expecting XRP to surpass $1 soon.
Huang BoDebate ignites over XRP ETFs' future, balancing institutional benefits against core utility concerns.
Huang BoRipple doubles Fairshake PAC donation to $50M, supports pro-crypto candidates amidst SEC concerns. Fairshake gains industry support, invests in ads for balanced regulations. Public interest in crypto rises, but clarity awaited on policies.
Xu LinRipple CTO David Schwartz to unveil major institutional DeFi product at Consensus 2024, focusing on XRP Ledger advancements like multichain interoperability and asset tokenization.
EdmundThe SEC's Twitter hack caused chaos in the crypto community, leading to a short-lived surge in Bitcoin prices. Despite the humor, the incident had severe consequences for traders liquidated due to fake news. It highlighted the vulnerability of the crypto market to misleading information and underscored the influence of media in shaping the narrative in the blockchain space. The turmoil prompted a reevaluation of trust in both Twitter and financial regulation, along with speculations about Elon Musk's involvement. Overall, Bitcoin remains resilient, unaffected by temporary fluctuations.
Cheng YuanElon Musk's Twitter takeover sparks debate as he criticizes alleged government control, defends free speech. Advertiser clashes, particularly with Disney, further amplify the polarizing impact on social media dynamics.
Huang BoEthereum developers have proposed EIP-7281 to mitigate the impact of bridge hacks and enhance security.
BeincryptoThe Sandbox chief executive Arthur Madrid tells his followers that his Twitter account was recently hacked.
The Daily HODLTwitter is continuing to develop a new feature that will allow users to give each other “Awards” using “Coins” that can be purchased with fiat currency.
decryptThe platform's new owner issued the warning after some celebrities changed their Twitter display names — not their account names.
Others
CointelegraphIt’s unclear whether the potential lawsuit will eventually see Musk purchasing the platform at the previously agreed price, at a new price, or not at all.
CointelegraphOn Thursday, a newly amended 13D filing revealed that Elon Musk assembled the team to take $7.1 billion out of his $44 billion Twitter takeover offer.
FtftxMicrosoft CEO Satya Nadella said: “The Metaverse allows us to embed computing in the real world, and the real world in computing. Bringing a sense of real presence to any digital realm.”
Cointelegraph