Federal regulators want blockchain firm Ripple to pay a nearly $2 billion fine. That’s according to company officials who took to social media in advance of the publication of court documents scheduled for Tuesday (March 26) to criticize the Securities and Exchange Commission’s (SEC) proposed punishment. “The SEC plans...
A federal judge reportedly denied the Securities and Exchange Commission’s (SEC) request to appeal a ruling regarding Ripple Labs’ cryptocurrency, XRP. U.S. District Judge Analisa Torres ruled in July that XRP does not constitute a security when sold to the general public, which was seen...
Ripple wants to block the SEC from appealing a recent landmark crypto court ruling. In July, U.S. District Judge Analisa Torres ruled that the blockchain company’s native XRP token is not a security when sold to the public. Last month, Torres gave the Securities and Exchange Commission (SEC) permission...
Crypto lender Exactly Protocol has suffered a hack, reportedly resulting in the loss of as much as $12 million. The decentralized credit market, which operates on the Optimism network, was targeted by a bridge exploit, CoinDesk reported Friday (Aug. 18), citing information from blockchain security firm De.Fi. The hacker utilized...
April 04, 2024
Blockchain/cryptocurrency company Ripple plans to launch a dollar-pegged stablecoin. The coin will be backed 100% by U.S. dollar deposits, short-term U.S. government treasuries, and other cash equivalents, according to a Thursday (April 4) press release. “This is a natural step for Ripple to continue bridging the gap between traditional finance and crypto,” Ripple CEO Brad Garlinghouse said in the […]
March 26, 2024
Federal regulators want blockchain firm Ripple to pay a nearly $2 billion fine. That’s according to company officials who took to social media in advance of the publication of court documents scheduled...
October 04, 2023
A federal judge reportedly denied the Securities and Exchange Commission’s (SEC) request to appeal a ruling regarding Ripple Labs’ cryptocurrency, XRP. U.S. District Judge Analisa Torres ruled in July that...
September 03, 2023
Ripple wants to block the SEC from appealing a recent landmark crypto court ruling. In July, U.S. District Judge Analisa Torres ruled that the blockchain company’s native XRP token is not a security...
