Tag: Ripple

Hinman Documents Will Be Worth Wait, Says Ripple CEO Brad Garlinghouse

The release of the Hinman documents comes amid rising legal pressure on Binance and Coinbase. With only a day until the highly anticipated release of the Hinman documents, Ripple Labs Inc CEO Brad Garlinghouse has sparked even more interest by claiming that the contents will be “well worth the wait”. The CEO’s statement is in response to a question raised by popular crypto YouTuber Jungle Inc on Twitter, about his thoughts ahead of the release of the “Hinman documents”. The Hinman documents, named after William Hinman, the former Director of…

Ripple expands Canadian engineering activities with U of Toronto XRP validator

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The University of Toronto plans to launch an independent XRP Ledger validator, Ripple announced June 12 as the university will become part of Ripple’s University Blockchain Research Initiative (UBRI). The partnership will support blockchain and crypto technology research at the university. The partnership will also advance Ripple’s XRPL (XRP Ledger) Campus Ambassadors program that “aims to elevate the impact of college students […] [To] help educate other students about crypto and how to start building on the XRPL.” University of Toronto Professor Andreas Veneris commented: “Hosting an XRP Ledger validator…

University of Toronto Starts an XRP Validator in New Partnership With Ripple

“Canada, and Toronto in particular, is home to some of the most prestigious business and technical schools in the world and has become a global technology hub,” Miltenburg said. “Ripple continues to expand its presence in the region to support the next generation of crypto, blockchain and Web3 leaders through strategic partnerships and funding for these universities,” he added. Source

Ripple losing SEC case can affect Coinbase and Binance, lawyer says

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The SEC’s arguments against Coinbase and most of Binance’s litigation would be severely weakened if Judge Torres ruled that XRP tokens purchased on secondary marketplaces are not securities, according to lawyer James Murphy. The SEC claims that Coinbase is acting as an unregistered securities exchange, broker-dealer, and clearing broker because 13 tokens exchanged on the platform constitute securities. However, the SEC’s case against Coinbase would fall apart if these 13 coins were not considered securities. 2/…

Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers

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The judges presiding over Coinbase and Binance’s lawsuits will likely watch the results of the SEC v Ripple case closely, crypto lawyers told Cointelegraph. Ripple has been in a legal battle with the SEC since December 2020. The regulator alleges it was offering unregistered securities via XRP (XRP) since 2013. On June 6 the SEC filed a lawsuit against Coinbase also alleging that it has been offering unregistered securities. A day before it filed a lawsuit against Binance containing some similar allegations. Lawyer James Murphy, known as “MetaLawMan” on Twitter,…

Stripe, Ripple, Blockchain.com, OpenSea Lead Way for Top 10 US Fintech Companies

Top crypto companies rank amongst the largest Fintech companies in America despite market challenges. Forbes has released its annual list of the top ten largest fintech companies in the US, providing insights into the dynamic landscape of the financial technology industry. However, this year’s list includes a disclaimer due to the market downturn’s impact on fintech valuations. First on the list was payment processing giant Stripe. The crypto-friendly firm, founded by Irish brothers Patrick and John Collison, ranked first on the list despite experiencing a valuation decline from $95 billion…

SEC Deletes Former Director Hinman’s Biography amidst Ripple vs SEC Case

The US SEC has mysteriously deleted Hinman’s biography from its website ahead of the court’s imminent order to disclose unredacted emails from Hinman’s communications. The United States Securities and Exchange Commission (SEC) erased the biography of former commissioner William Hinman from its website eight days before the court demanded the financial watchdog to provide unedited copies of all of Hinman’s emails in its case against Ripple Labs. Before now, the SEC’s website contained important information about Hinman’s employment history, roles, and advisory contributions to the Commission. However, the updated biography…

Ripple Eyes IPO as XRP Lawsuit Draws to End

XRP’s lawyer thinks the outcome could be determined by September based on recent events. In light of this, Ripple is allegedly meeting with investors to discuss their interest in an IPO. As its legal battle related to XRP with the Securities and Exchange Commission (SEC) draws to a close, there are rumors that Ripple may conduct an IPO. Wall Street expert Linda Jones hinted at the possibility by outlining the advantages of a potential initial public offering. Linda used information from Linqto to determine the potential stock value of Ripple,…

NASDAQ congratulates Ripple on Metaco’s acquisition, fuels IPO rumors

NASDAQ, one of the largest stock exchanges by volumes in the United States, has congratulated Ripple, the blockchain payments company, following its acquisition of Metaco, a Swiss-based crypto custody platform. In a tweet shared by Metaco on May 28, NASDAQ applauded Ripple though crypto users read more from the broker’s decision to publicly congratulate the embroiled Brad Garlinghouse-led blockchain company. The stock exchange’s message is also fueling rumors of a potential Initial Public Offering (IPO) and listing in the future. Source: Metaco on Twitter On May 17, the San Francisco-based…

Gemini and Ripple navigate legal hurdles, Asia boosts regulatory efforts

Last week was eventful for Gemini. They faced similar accusations brought by the United States Securities and Exchange Commission (SEC) as Ripple. Subsequently, they had to deal with various operational and regulatory challenges. Despite the ongoing SEC case, Ripple is still determined to pursue growth. In Asia, more robust regulations on crypto are being implemented, but industry leaders remain dissatisfied with the SEC’s actions in the United States. Gemini challenges the SEC Gemini, a crypto exchange, has challenged the allegations made by the SEC that its Earn product offered unregistered…