Friday, October 7

Ripple News

Flare Network To Enable XRP Holders To Check The Number Of Spark (FLR) Tokens To Receive Via DApp
Ripple News

Flare Network To Enable XRP Holders To Check The Number Of Spark (FLR) Tokens To Receive Via DApp

In the quest to fulfil the promise made by the flare network on the 30th of September, 2022 which says that it will be airdropping every XRP holder FLR token, the network is currently developing a decentralized application (Dapp) which will allow eligible users to see the amount of Spark (FLR) tokens they will get. Read Also: CetoEX To Add Support LUNC 1.2% Tax Burn Proposal Soon: Detail Flare Network Promises To Airdrop XRP Holders Spark (FLR)Tokens Per the recent statement by Flare network; “Provided sufficient validators have taken up their role, the Token Distribution Event will take place between 24th October and 6th November. The exact date is dependent on feedback from exchanges.” According to the recent tweet shared by the flare Network, it noted that the FIP.01 propos...
Ripple’s Enthusiasts Say SEC  Has No Focus In The Ongoing Lawsuits: Detail
Ripple News

Ripple’s Enthusiasts Say SEC Has No Focus In The Ongoing Lawsuits: Detail

In the recent statement of the attorney Deaton, the attorney representing the amicus status slams the SEC, saying SEC has no focus on its current lawsuits against the blockchain company. It is no news that many companies have been filing an amicus brief in support of Ripple in the ongoing lawsuits against the SEC, but the refusal of the UC commission has not met any calmness on the side of the Ripple enthusiasts who reacted against the uncertainty in the SEC’s proof against XRP. SEC Disagrees With Filing Of Amicus Brief By Third Parties it was previously reported that the SEC has blatantly refused the filing of the amicus brief of the I-Remit and TapJets that recently support Ripple in the ongoing lawsuits against Ripple. In this regard, SEC says; “Indeed, movants do not and c...
David Gokhshtein Says Ripple Grows Bigger Despite The Criticisms.
Ripple News

David Gokhshtein Says Ripple Grows Bigger Despite The Criticisms.

The prominent crypto analyst and trader, David Gokhshtein, has come out to confess the progress in the Ripple Blockchain company despite the criticisms. David Gokhshtein, the founder of Gokhshtein Media and former United States Congressional Candidate, has commented on the unusual breakthrough and strength the Blockchain company< Ripple, has been displaying despite a whole lot of criticisms fired towards it. Read Also: Ripple Enters A Partnership With Thallo, A web 3 Carbon Offset Marketplace Using XRPL To Increase The Carbon Market Transparency And Efficiency David tweeted; “The more you toxic f’s hate on XRP, the bigger the army grows,” https://twitter.com/davidgokhshtein/status/1577079321206067205 It is no news that Ripple has been facing a lot of criticisms in the ...
Ripple Enters A Partnership With Thallo, A web 3 Carbon Offset Marketplace Using XRPL To Increase The Carbon Market Transparency And Efficiency
Ripple News

Ripple Enters A Partnership With Thallo, A web 3 Carbon Offset Marketplace Using XRPL To Increase The Carbon Market Transparency And Efficiency

According to a tweet shared by Ripple on Monday saying that it is one of the founding partners of Thallo.io, a web 3 carbon offset marketplace built on the XRPL. https://twitter.com/Ripple/status/1577045324752818176 Thallo has dubbed Ripple and Climate Collective among its 23 initial partners for its first-of-its-kind blockchain-based marketplace. Read Also: COTI Announces A Partnership Between Cardano's Djed And Empowa Benefits of Thallo It helps solves the issues with liquidity and opaque pricing data in today’s carbon, making it simple for buyers and sellers of high-quality carbon credits to find each other.It split teams its team between experts in climate and sustainability as well as web3, working at the intersection of these two industries to make carbon credit mar...
Companies Add Support In Favor Of Ripple In The Ongoing Lawsuit Between Ripple And SEC, Two Companies Add Support In One Week
Ripple News

Companies Add Support In Favor Of Ripple In The Ongoing Lawsuit Between Ripple And SEC, Two Companies Add Support In One Week

There have been a series of companies' support coming for Ripple, the blockchain company against the SEC in its ongoing lawsuit between Ripple and SEC. Companies Add Support For Ripple In the Ongoing Lawsuit Ripple partner firm, TapJets requested to file an amicus brief supporting Ripple, the blockchain company. The private jet charter company has added its support for Ripple in the lawsuit, requesting to file an amicus brief that would prove that XRP is not a security. Read Also: The Three Community-Led Burn Projects Burn An Astounding Amount Of 563.86 Million Shiba Inu Tokens In The Past Week. It is good to know that the XRP is among the payment option in the Jet charter company which is based in Texas. Per the TapJets request letter; “TapJets interest, in this case, is a...
A Prominent YouTuber, Ben Amstrong Pinpoints That XRP Rallying May Be A Clear Indication That SEC Will Give Up Trying To Prove XRP Is A Security
Ripple News

A Prominent YouTuber, Ben Amstrong Pinpoints That XRP Rallying May Be A Clear Indication That SEC Will Give Up Trying To Prove XRP Is A Security

The XRP holder has been in a good time over the past few days as the Ripple’s token begins rallying up to over 50% point. XRP Rallying On this new development, the popular YouTuber Ben Amstrong has taken to his Twitter handle saying that the XRP is rising for many reasons. He further said that Ripple’s token has spiked over 50% in the past 7 days because the Securities and Exchange Commission (SEC) has given up on its quest to prove that the coin is a security. Read Also: Six Dogecoin Whales Jointly Purchased A Whopping 620 Million Worth About $37.2 Million, Dogecoin Spikes By 5.13% Over the Past Week The prominent YouTuber said that Ripple’s proponents are now certain that the worst scenario Ripple’s XRP could experience assuming its blockchain company lost the lawsuit agains...
Ripple’s General Counsel, Stuart Alderoty Says SEC Chair Cannot Self-Appoint Himself  As The Cop On The Beat For Crypto
Ripple News

Ripple’s General Counsel, Stuart Alderoty Says SEC Chair Cannot Self-Appoint Himself As The Cop On The Beat For Crypto

The Ripple’s General Counsel, Stuart Alderoty, recently slams the SEC chair for always enforcing the crypto industry. Stuart Alderoty stated in his Politico Live interview that the regulatory uncertainty of the U.S. crypto industry, particularly the SEC chairman, Gary Gensler’s overreach in the sector. Read Also: Shiba Inu's Burn Rate Spikes By 1502% As Over 132 Million SHIB Is Burned In The Last 24 Hrs https://twitter.com/POLITICOLive/status/1572311538567897096 Recall, the SEC chair once stated that Bitcoin is the only cryptocurrency while every other is security. Following Gensler’s claim, Ripple’s General counsel reacted by saying that he was ignorant of any nomination in the crypto space that led to the choosing of the SEC as the cop on the beat for crypto. Read Also:...
Ripple And SEC Jointly File Against Third Parties To Avoid any Delay
Ripple News

Ripple And SEC Jointly File Against Third Parties To Avoid any Delay

According to the recent tweet by attorney James, the two parties have filed a request that any motions by third parties to seal portions of the parties’ judgement filing be filed subject to the court’s September 12th, 2022 order. Ripple and SEC did this to avoid being dragged by third parties Read Also: A whopping 270,000+ Ethereum Were Sent To Central Exchanges Within The Space Of Two Hours Ripple and SEC To Avoid Being Dragged By Third Parties Regarding the request, Ripple and SEC want all sealing motions to the summary judgement filings made by third parties to be due by December 9, 2022. Additionally, oppositions to these sealing motions are expected to be filed no later than December 22, 2022. “The parties respectfully submit this joint application to request that any mot...
Ripple’s General Counsel Slams Gary Gensler For Wrongly Interpreted The U.S Supreme Court Test To Determine What Should Be A Security
Ripple News

Ripple’s General Counsel Slams Gary Gensler For Wrongly Interpreted The U.S Supreme Court Test To Determine What Should Be A Security

Stuart Alderoty, Ripple General Counsel recently slammed the SEC Chairman, Gary Gensler, for his interpretation of the Supreme Court’s Security Test. Gary Gensler Misterpretes The US Supreme Court Test Ripple’s General Counsel shun SEC Chairman, Gary Gensler for misinterpreting the U.S Supreme Court test to determine what should be a security. Stuart Alderoty stated in the tweet that Gary could not ascertain why Gensler misstated the Supreme Court’s test. Read Also: Dogecoin Becomes The 2nd Largest PoW As Merge Goes Live Alderoty was thoughtful about whether Gensler misstated the test intentionally or if the misinterpretation was because the SEC chair did not understand the law. Alderoty posed a question to his followers to determine which of the scenarios could be worse.&n...
Ripple And SEC To File A Public Motion For Summary Judgement On The 19th Sept: US Lawyer Reveals
Ripple News

Ripple And SEC To File A Public Motion For Summary Judgement On The 19th Sept: US Lawyer Reveals

Following the approval of Magistrate Analisa Torres for Ripple and SEC to go ahead with filing of the motions under seal regarding the summary judgement, the Ripple defendants filed under seal their motions for summary judgement and a memorandum of law in support of the summary judgment. As seen in the document, Ripple also filed a Rule 56.1 statement, 106 exhibits, and a declaration of a statement made by Michael K. Kellogg, the prominent American author.  Read Also: Binance Owned Trust Wallet Announces Its Support For Solana dApps https://twitter.com/FilanLaw/status/1569823665591840768 On the same premise, the SEC also filed its motion for summary judgement against Ripple and individual Defendant under seal and more, US commission filed a sealed copy of the declaratio...