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Ripple CEO says SEC Chair Gensler behaves like an ‘autocrat’
Ripple's Garlinghouse urged U.S. elected officials to take note of the SEC's Chair statements and actions.
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Analysis
XRP rises 10% against Bitcoin as USD value rises to five-month high
Blockchain analytical firm Santiment reported that XRP's social dominance is at its highest point in a year following its surge to $0.49.
Adoption
Ripple’s XRPL account near 5M despite legal issues with SEC
Ripple's XRP has risen by more than 15% in the past 30 days, coinciding with when crypto whales purchased 420 million tokens.
Regulation
Ripple CEO says SEC has no infrastructure for registered tokens
Ripple CEO Brad Garlinghouse said the US crypto industry need to rebuild trust by enabling more transparency and creating utility.
Regulation
South Korea reportedly monitoring Ripple’s case against SEC
The classification of XRP in the US could broadly impact the classification of other altcoins as securities.
Regulation
Ripple CEO praises ‘positive global regulatory developments’ happening outside US
Garlinghouse praised regulators in Dubai, the U.K., Australia, Brazil, and South Korea for providing "leadership" and "clarity" for crypto firms.
Staking
Flare token dumps 10% after Ripple CTO advises to sell
Following David Schwartz tweet, the FLR token dumped by roughly 10% to $0.04367 as of press time.
Crypto
Vitalik Buterin says XRP is ‘completely centralized,’ Ripple CTO reacts
Buterin said XRP hasn't apologized for writing the U.S. government that Bitcoin and Ethereum were Chinese-controlled assets.
Legal
LBRY tanks 35% as US court declares it security
LBRY founder says the judgment sets a precedent that could see almost every cryptocurrency, including Ethereum and Dogecoin, termed a security.
Stablecoins
Ripple XRP Ledger integrates NFTs, Euro Stasis stablecoin
Euro Stasis chose XRPL because of its scalability, speed and cheap transaction costs.
Legal
Coinbase argues SEC’s XRP lawsuit caused $15B in losses for retail traders
According to the exchange, the SEC action forced U.S.-based exchanges to delist XRP, causing retail customers significant losses as the coin's market cap declined.
People
Ripple lead engineer steps down after decade at the company
Bougalis played an integral role in the development of XRP Ledger, and is currently overseeing the introduction of NFTs to the network.