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XRP Holders File Motion to Intervene in Ripple Case as SEC Blamed for Causing "Multi-Billion-Dollar Losses"

On behalf of XRP holders, attorney John E. Deaton has filed a motion to intervene in the lawsuit opposing Ripple Labs and the Securities and Exchange Commission (SEC). Deaton is representing over 6,000 XRP investors who are looking to sue the SEC for causing “multi-billion-dollar losses.” The class-action lawsuit against the agency was addressed to … Continue reading XRP Holders File Motion to Intervene in Ripple Case as SEC Blamed for Causing "Multi-Billion-Dollar Losses"

Attorney Batting for XRP Investors to Join SEC Case to Refile Motion to Intervene

The opportunity for XRP holders to join the lawsuit opposing the Securities and Exchange Commission (SEC) and Ripple Labs may not be gone after all. This week, Federal Judge Analisa Torres – the official responsible overseeing the SEC case to determine whether XRP should be regulated as a security in the US – dismissed XRP … Continue reading Attorney Batting for XRP Investors to Join SEC Case to Refile Motion to Intervene

Indian State Eyes Blockchain Technology to Facilitate Remote Voting

The government of Telangana, a southern Indian state, is moving forward with its objective of making the voting process seamless and trustworthy with the help of blockchain technology. Boosting remote voting Telangana has set its eyes on enhancing remote voting amid the coronavirus pandemic. Furthermore, this approach will be helpful to senior citizens who may … Continue reading Indian State Eyes Blockchain Technology to Facilitate Remote Voting

General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin – GM CEO

Normal 0 false false false EN-US X-NONE X-NONE General Motors Company may be open to accepting Bitcoin as an official method of payment in the future.  During the firm’s fourth-quarter earnings call conference, General Motors CEO, Mary Barra, disclosed that the automobile company may accept the crypto as a form of payment. Barra revealed this probability when … Continue reading General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin – GM CEO

Satoshi Nakamoto Will be the World’s Richest Person if Bitcoin Hits $181,000

Bitcoin (BTC) has started the week on a high after surging past the $58K mark. The leading cryptocurrency is hovering around the $58,240 price at the time of writing, according to CoinMarketCap. Crypto analyst Joseph Young has acknowledged that Satoshi Nakamoto will be the richest person globally if Bitcoin hits $181,000.  Satoshi Nakamoto is the … Continue reading Satoshi Nakamoto Will be the World’s Richest Person if Bitcoin Hits $181,000

XRP Holders’ Request for Motion to Intervene in SEC-Ripple Case Gets Approved by the Court

A court letter by District Judge Analisa Torres has confirmed that XRP holders’ request to file a motion to intervene has been approved. Earlier this month, XRP holders have filed a request to intervene as third-party defendants in the SEC’s lawsuit against Ripple Labs. The motion, although initially refused, was denied “without prejudice,” meaning that … Continue reading XRP Holders’ Request for Motion to Intervene in SEC-Ripple Case Gets Approved by the Court

XRP Community Files New Motion to Intervene in the Ongoing Ripple-SEC Court Case

The XRP community has filed a new motion to intervene in the ongoing court battle between blockchain payments firm Ripple Labs and the United States Securities and Exchange Commission (SEC). The motion contained a Memorandum of Law which lists John Deaton, James Lamonte, four other proposed intervenors, and the entire XRP holders, and outlined a … Continue reading XRP Community Files New Motion to Intervene in the Ongoing Ripple-SEC Court Case

Top Chinese State-Owned Banks Promote Digital Yuan Ahead of Shanghai 'Shopping Festival'

Some of China’s State-owned banks are reportedly promoting the country’s Central Bank Digital Currency (CBDC) initiatives ahead of a May 5 Shopping Festival in Shanghai. The promotion of the CBDC, also known as the Digital Yuan (e-CNY) by the banks, is a political mandate designed as an alternative to Ant Group’s Alipay and Tencent’s WeChat Pay … Continue reading Top Chinese State-Owned Banks Promote Digital Yuan Ahead of Shanghai 'Shopping Festival'

Did Elon Musk Inadvertently Promote Ripple (XRP) When He Dropped The Bitcoin Bomb?

Ever since Tesla CEO Elon Musk announced that the automaking company will be dropping Bitcoin payments, Bitcoin (BTC) has plunged dramatically on the crypto market, shedding more than $10,000 of its value. Currently, the cryptocurrency is trading at $43,307.17, down 10% in the last 24 hours. Last week, Musk announced via Twitter that Tesla was … Continue reading Did Elon Musk Inadvertently Promote Ripple (XRP) When He Dropped The Bitcoin Bomb?

Solana and ROK Capital launched a $20 Million Fund to Promote the Ecosystem Expansion in South Korea

The Solana Foundation cooperated with ROK Capital, a large-scale blockchain accelerator in South Korea, to jointly launch a $20 million fund to expand Solana’s blockchain ecosystem in South Korea. Solana was founded in 2017 as a completely open-source public blockchain designed to provide decentralised finance (DeFi) solutions in a scalable manner. The cooperation with Korean … Continue reading Solana and ROK Capital launched a $20 Million Fund to Promote the Ecosystem Expansion in South Korea

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