Social Volume Surges as Dogecoin Plummets by More Than 7%
Over the past year, the cryptocurrency industry has seen a series of legal actions, including a lawsuit of $258 billion filed against Elon Musk for allegedly operating a pyramid scheme to promote Dogecoin. Though the charges were initially presented in June 2022, they resurfaced recently when Musk’s legal team moved to dismiss the lawsuit. With […]
Terra Luna Crash: SEC to launch Lawsuit against Terraform Labs and Do Kwon
The US Securities and Exchange Commission is set to sue Terraform Labs in what could be a landmark suit since the Terra Luna crash that occurred in 2022. It should be noted that the regulator had been investigating the circumstance behind the token depegging, which is the first move towards litigation. TerraForms Labs set to […]
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It is the new year and as always, 1xBit is reeling out an exciting tournament for every slots lover out there. Start your new year with thrilling slots and hidden treasures! The dragons have prepared a prize for you in this tournament and all you have to do to win is play! How to Participate […]
Whales Moves 392M XRP Around After Ripple Settlement Rumor
Recent days have seen information concerning significant XRP moves shared by Whale Alert, a cryptocurrency whale tracking service. According to the most recent transactions, whales are still moving huge sums of XRP to and from exchanges. According to Whale Alert, these high-net-worth cryptocurrency investors have moved a staggering 392,764,221 (392.76M) XRP tokens in the last […]
Ripple Vs SEC: December 15 Settlement is “Not True”
Charles Hoskinson, the founder of Input Global and Cardano, revealed during a surprise Ask Me Anything (AMA) session on Saturday that he heard rumors of a Ripple settlement with the SEC on December 15. “I’ve heard rumors that the Ripple case will be settled December 15,” Hoskinson said. “And we’ll just see, and that could […]
Ripple Vs. SEC: A New Deadline Has Been Set By Both Parties
Ripple and the SEC have asked the court to establish a deadline by which non-parties to the current lawsuit may file a motion to seal any portion of the summary judgment papers. Defense attorney James K. Filan provided a copy of the letter filed yesterday. The SEC and Ripple requested that U.S. district judge Analisa […]
Defeating Ripple’s Executives Will be Difficult, Says Deaton
Attorney John E. Deaton outlined why the US Securities and Exchange Commission is extremely unlikely to succeed in its lawsuit against Ripple Executives Brad Garlinghouse and Chris Larsen in a lengthy conversation on Twitter yesterday. In the SEC complaint against Ripple, the thread was started by attorney Sasha Hodder of CryptoLaw, a friend of the […]
J.P Morgan and Ripple Partner Join Forces in UAE
According to a press statement that was recently released, Al Fardan Exchange LLC, one of the partners of the fintech giant Ripple Labs, has partnered with another behemoth; however, this one is from the traditional financial industry — banking powerhouse J.P. Morgan. The UAE’s central bank has authorized and regulated Al Fardan Exchange, a significant […]
Ripple vs. SEC: Critics Should Comprehend Ripple’s Arguments Before Refuting Them, Says Alderoty
Stuart Alderoty, the legal representative for Ripple, has criticised cryptocurrency media source Coindesk for a recent op-ed it published regarding the Ripple lawsuit. According to Preston Byrne, a columnist for Coindesk, Ripple will “sooner or later” lose its legal battle with the SEC. Alderoty’s defence is similar to denial, according to Bryme. Ripple’s General Counsel […]
Whale Anonymously Withdraws 4 Billion XRP From Bittrex
Data provided by Whale Alert indicates that significant XRP outflows have occurred from the renowned cryptocurrency exchange, Bittrex. In a single hour, the mysterious XRP whale withdrew 4,124,254,650 (4.12 billion) XRP from an address on the Bittrex cryptocurrency exchange. It’s noteworthy that the Bittrex user transferred a substantial amount of XRP coins to various external […]