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Gary Gensler’s Failure To Investigate Sequoia Could End His Tenure Deaton Says. What Is Your Opinion?
27Feb By CryptolifedigitalNo Comments
Ripple News

Gary Gensler’s Failure To Investigate Sequoia Could End His Tenure Deaton Says. What Is Your Opinion?

Attorney Deaton told the Ripple community that the failure of the United States Commission to investigate questionable Chinese investments by Sequoia Capital could be the end of the SEC’s Gary Gensler. Gary Gensler Fails To Investigate Sequoia In his recent tweet, John Deaton noted that Sequoia was also an FTX investor. It came in response to a thread by Brian Costello, a technology executive with a background in international finance. Costello, in his line, calls out Congress for playing a role in allowing China to become a more significant threat to U.S. national security by turning a blind eye to the reluctance of the Gensler-led SEC to investigate firms like Sequoia. Read Also: Bone Shibaswap Unique Wallet Now Surpasses 76,000 https://twitter.com/JohnEDeaton1/status/1629...
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XRP Ledger-based NFT Marketplace XRP Café Receives a Nod From Ripple CTO
16Feb By OLAJIDE SAMUELNo Comments
Ripple News

XRP Ledger-based NFT Marketplace XRP Café Receives a Nod From Ripple CTO

The recent tweet shared revealed that XRP Ledger-based NFT marketplace xrp café receives a node from Ripple CTO, David Schwartz yesterday. The update came following the time when the marketplace unveiled that it had made many of its set milestones in the days prior which include a 1-of-1 NFT minter, XRP minting pages, and IPFS support. Notably, 1-of-1 NFTs are single edition NFTs. Consequently, it is not part of a collection, and no other one of it exists. IPFS is short for Interplanetary File System. It is used to store off-chain NFT data, serving as a pointer to this data and eliminating disputes over NFT ownership. Ripple CTO, David Schwartz, Gives A Nod To XRP Ledger-based NFT Marketplace Aside from the above mentioned, the Non Fungible Token marketplace shared data fro...
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Attorney Deaton Says No Settlement Between SEC And Ripple. Would SEC Settle With Ripple?
15Feb By OLAJIDE SAMUELNo Comments
Ripple News

Attorney Deaton Says No Settlement Between SEC And Ripple. Would SEC Settle With Ripple?

Attorney Deaton of Ripple has stormed the internet as he says the SEC chairman, Gary Gensler, will not settle with Ripple. Recall that Deaton once stated earlier this year, saying that Gensler would not want to settle with Ripple because such a move would require him to publicly agree that XRP transactions, including secondary market sales, are non-securities.  Read Also: Terra Classic Community Stakes A Total Of 3.5 Billion LUNC Tokens In A Day, Summing The Total Staked To Almost 1T https://twitter.com/JohnEDeaton1/status/1625627765293678593 In the same vein, he said that Ripple will only consider settling with the United State commission only if the commission is ready to provide clarity for XRP and declare the crypto asset non-security, attorney Deaton added.  Would SE...
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Deaton Forces The SEC To Believe That XRP Is Software Code And Not A Security
13Feb By OLAJIDE SAMUELNo Comments
Ripple News

Deaton Forces The SEC To Believe That XRP Is Software Code And Not A Security

Attorney Deaton noted in the recent tweet that the Securities and Exchange Commission was forced to admit that XRP is a “software code” following the amici brief he filed on behalf of the community. The update on accepting the SEC was a big win for the Ripple community. The attorney that represents the over 75,000 XRP holders made this known following a Twitter user-backed self-acclaimed Bitcoin creator Craig Wright calling XRP a scam and security. After Wright described XRP as a scam, Deaton disclosed that he responded with a phrase: “the pot calling the kettle black.” Read Also: Some Community Members Doubt LUNC Hits $1. What Do You Think? Stripped down, XRP is software code. However, Deaton’s statement was not pleasing to Wright and for that reason, he blocked Deaton on Twi...
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Bank Of England Mentions Ripple In Its Consultation Paper, Saying It Has Joint Project With Ripple
10Feb By OLAJIDE SAMUELNo Comments
Ripple News

Bank Of England Mentions Ripple In Its Consultation Paper, Saying It Has Joint Project With Ripple

The recent update revealed that the good dead of the leading blockchain company, Ripple, has started paying as it was recently mentioned in the Bank of England (BoE) consultation paper on the digital pound, U.K.’s digital currency. It is worth noting that Ripple has been extraordinary in helping central banks in different parts of the world, including Bhutan. The Bank of England sought a method to get a digital version of the pound, which would eliminate the use of banknotes and coins in the United Kingdom. However, the BoE said it would decide whether to proceed with the plans highlighted in the consultation paper. Read Also: Rex Harrison Highlights Some Of The Benefits Of The Long-awaited Terraport. Bank Of England Says It Has Joint Project With Ripple In the qu...
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Ripple’s Proponent, John Deaton To Join Zakinov V Ripple Case To Fight Claims That Tags XRP As A Security.
7Feb By OLAJIDE SAMUELNo Comments
Ripple News

Ripple’s Proponent, John Deaton To Join Zakinov V Ripple Case To Fight Claims That Tags XRP As A Security.

John Deaton, the attorney that represents over 75,000 XRP holders as a friend of the court in the US Securities and Exchange Commission case against Ripple, is set to request to join the Zakinov v Ripple case to fight investors’ claims that XRP is a security. Attorney Deaton To Fight Claims Against XRP In Zakinov V Ripple Case According to the tweet shared by Ripple’s defence lawyer, James Filan K, saying; “Attorney Deaton will be filing a Motion to File an Amicus Brief in Zakinov v. Ripple in California. The plaintiffs claim that Ripple sold XRP as an unregistered security.” Read Also: LUNC's Total Gain Hits A Total Of 51% In The Past Eight Weeks, 995% Spikes Above Its Last May Price https://twitter.com/FilanLaw/status/1622719755097440274 Furthermore, the defence attorne...
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Coinbase Gains Victory Over The Allegation Against It For Selling Unregistered Security, Ripple Expects Coinbase To Relist XRP
2Feb By CryptolifedigitalNo Comments
Ripple News

Coinbase Gains Victory Over The Allegation Against It For Selling Unregistered Security, Ripple Expects Coinbase To Relist XRP

It was a celebration gallon when the Coinbase exchange gained victory over the allegation laid against it for selling unregistered security to the customers and given this, the community of XRP got their hope alive, expecting the exchange to list XRP tokens again. According to reports, United States District Judge Paul Engelmayer dismissed a class action filed by Coinbase customers claiming the exchange sold unregistered securities to them. The customers also claimed that the prominent San Francisco-based exchange failed to register as a broker-dealer.  Read Also: London Lions Basketball Team Now Supports Shiba Inu The case, filed against Coinbase and its CEO Brian Armstrong, was dismissed yesterday by Judge Engelmayer. The United States District Judge tossed out the case because...
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Ripple Releases Its Q4 2022 ODL XRP Sales Report, Surpasses Q3. Check Out.
31Jan By CryptolifedigitalNo Comments
Ripple News

Ripple Releases Its Q4 2022 ODL XRP Sales Report, Surpasses Q3. Check Out.

The report of Ripple’s On-Demand Liquidity (ODL) XRP sales report revealed that the total XRP sale is about $226.31M. “The report was revealed by the leading blockchain company; The Q4 2022 XRP Markets Report is now live–detailing ebbs and flows in the broader crypto market to a ramp up in regulatory actions, as well as significant XRPL technical developments including XLS-20 going life on Mainnet, and the EVM sidechain on Devnet.” Read Also: A Newly Launched Token, Cremation Coin, Burns Over 16 Million LUNC At A Stand https://twitter.com/Ripple/status/1620201065638420480 Ripple's ODL Sales Increases It is worth noting that the total sales of XRP in the last quarter of 2022 are greater than the third quarter by nearly $100 million, at about $2.964 billion. However, the c...
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Ripple Welcomes Monica Long As The New President Of Ripple Blockchain
27Jan By OLAJIDE SAMUELNo Comments
Ripple News

Ripple Welcomes Monica Long As The New President Of Ripple Blockchain

The recent development shared by the leading blockchain revealed that the network had disclosed the new president to manage the affair of the blockchain company. As shared by Ripple on its handle, the election of Monica Long as the new president of the Ripple blockchain. This development comes up amid the company’s heated legal battle with the U.S. Securities and Exchange Commission. Read Also: Edward Kim Gives Some Highlights Pertains The Allnodes' Operations. Check It Out The appointment was disclosed by Ripple in an official press release on Thursday, and further publicized through its Twitter handle today. https://twitter.com/Ripple/status/1618975257658028033 New President Of Ripple Blockchain It is worth noting that Monica Long has been with Ripple for o...
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Attorney John Deaton To Attend An Upcoming Important Hearing For All Crypto. See What It Entails
25Jan By CryptolifedigitalNo Comments
Ripple News

Attorney John Deaton To Attend An Upcoming Important Hearing For All Crypto. See What It Entails

In the recent tweet shared by the XRP’s law expert, attorney John Deaton noted that the upcoming hearing between open-source content distribution company LBRY and the SEC is an  “incredibly important hearing for all crypto.” A Hearing For Crypto To Hold Soon Per the expert, the hearing was slated to take place on January 30 at 3 PM at the Warren B. Rudman United States Courthouse in New Hampshire. He reiterated that he filed an appearance and amicus curiae on behalf of tech journalist Naomi Brockwell in the upcoming hearing.  It bears mentioning that the Investors Choice Advocates Network also filed an amici curiae brief supporting LBRY in the lawsuit. According to attorney Deaton, LBRY and the amici are requesting that the Judge clarify that the company’s native token, LBC,...
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