https://t.me/Cronos_Cardano_Ripple

2022-11-14 21:24:02 Cardano Founder Slams Ethereum Fans Who Called ADA “Ponzi Scheme”

Input Output CEO Charles Hoskinson lashed out at prominent members of the Ethereum community after they called ADA “a gigantic Ponzi” in a newly resurfaced video. This came after Bankless founder Ryan Sean Adams tweeted that pitchforks were out for the “wrong people” in light of the recent FTX drama.

Hoskinson also recently predicted that disgraced crypto king Sam Bankman-Fried would end up serving jail time, mocking a ridiculous FTX commercial with football superstar Tom Brady and former wife Gisele Bundchen. The crypto mogul, who is known as one of the founders of Ethereum, has been at loggerheads with members of the community behind the second-largest cryptocurrency.

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2022-11-13 12:37:02 Ripple Executive Makes Unexpected Offer to FTX Employees

David Schwartz, chief technology officer at Ripple, has hinted at the possibility of FTX employees pursuing a career at the crypto payment company. Earlier, a similar offer was made by Schwartz to Twitter employees, who had been subjected to massive cuts as a result of the management change and the arrival of Elon Musk.

The offers from the Ripple CTO follow the company's need and willingness to expand its workforce. As reported by U.Today, Ripple currently has more than 350 vacancies in Asia and North America. For example, a famous crypto blogger, Ben "BitBoy" Armstrong, even tried to get a job as Ripple's director of strategy in Singapore.Schwartz also commented on the possibility of Ripple being sold to a company like Apple or Microsoft.

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2022-11-12 17:21:02 SEC Gains Another Supporter in Ripple Case

The New Sports Economy Institute (“NSEI”) has petitioned the court to file an amicus brief in an attempt to bolster the U.S. Securities and Exchange’s case against Ripple.In its proposed brief NSEI argues that the Ripple-affiliated XRP cryptocurrency is a “speculative tool” that is powered by the greater fool theory.

The SEC supporter argues that the defendants are reading too far into the common enterprise element of the Howey test, claiming that Ripple is “nitpicking at every turn and misconstruing the true intent.”.According to NSEI, an XRP buyer is “certainly” dependent on the efforts of others. Moreover, it believes that the speculative intent “far outweighs” the consumptive intent. The movant argues that “a quick glance” at XRP-related discussions confirms that “the vast majority of these people”.

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2022-11-11 15:08:03 Ripple Will Be Unaffected by SEC Win Over LBRY

The U.S. Securities and Exchange Commission won another victory over a crypto project this week. The outcome has raised concerns over its battle with Ripple, but things may not be that bad. It accused LBRY of selling unregistered securities on its decentralized video publishing platform and won the case.

Deaton said that the first reason was that the judge was following the SG case. This case from 2003 was brought against a company operating a “virtual stock exchange” that ended up being a Ponzi scheme. The Ripple judge is not following the SG case, he said. The Ripple case is being held in the second circuit, which is Connecticut, New York, and Vermont. The LBRY case was in the first circuit of New Hampshire. Deaton added that the SEC chose an obscure company in a small jurisdiction.

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2022-11-10 20:12:04 Investors increasingly confident of Ripple’s victory over SEC: CoinShares

Recent developments in the Ripple vs. Securities and Exchange Commission (SEC) case appear to have bolstered investor confidence in XRP tied investment products, according to investment data from CoinShares’ head of research, James Butterfill.

In its latest Digital Asset Fund Flows published on Nov. 7, Butterfill noted that XRP investment products have seen a third consecutive week of institutional inflows, clocking $1.1 million. Butterfill said the figures imply “improving investor confidence as the SEC case against Ripple looks increasingly fragile.”. The last few weeks have seen Ripple Labs gaining increasing support from heavy hitters in the crypto industry including Coinbase and the Blockchain Association.

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2022-11-09 22:12:02 Ripple’s XRP Ledger Open Space for NFTs

The news was confirmed by Ripple’s development team, who advised XRP holders to treat themselves to NFTs on the XRP Ledger. The XRP Ledger was the first blockchain to allow asset tokenization. Whether fungible or non-fungible, the XRP Ledger’s built-in tokenization capability.

According to David Schwartz, chief technology officer of Ripple Labs, NFTs on the Ripple blockchain are distinct from digital collectibles held on other networks. Schwartz stated that the development team used a no-smart contract approach, making XRPL-based NFTs less subject to security problems. A user can mint a photo NFT on the XRP Ledger with unique information using the XRP Ledger.

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2022-11-08 05:10:07 Ripple Whales Move $190M in XRP in 24 Hours

Ripple whales have maintained their swifty moves as price action continues to suffer. Recently, Attorney Jeremy Hogan, dropped some good news for the Ripple community claiming that the U.S. Securities and Exchange Commission (SEC) motion for summary judgment might not be approved for several reasons.

Despite Hogan’s positive affirmations, XRP price failed to react much to the social anticipation. Ripple whales, however, have been on the move lately, but this time it could lead to some bearishness for XRP price. Ripple whales made some significant deposits from wallets to exchanges on Nov. 7. Several alerts from Whale Alert show that coins worth over $190 million were sent by whales from wallets to various exchanges or from wallet to wallet. In the next one hour another transfer from an unknown wallet to FTX of 35 million XRP worth $16.55 million was made.

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2022-11-07 12:53:02 Ripple Heading Towards Historical Win Against SEC In XRP Suit As Industry Supports Ripple En Masse

Most cryptocurrency ecosystems have rallied behind Ripple, as they all show collective efforts to highlight the dangers that the U.S. Securities and Exchange Commission (SEC) poses to Ripple, XRP, and other digital currencies. This follows the new development of the court granting the SEC motion.

XRP vs SEC case, these briefs all collectively support Ripple’s previous notations that the SEC has, in fact, been unjust in its dealing with the firm. It goes even further to explain, in detail, how many more digital currencies are at risk of being blacklisted by the SEC, especially if it wins its case against Ripple. An amici brief typically contains objectively insightful information presenting issues centering on a case.

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2022-11-06 07:42:04 Ripple v. SEC: 12 Entities Back Ripple, But SEC ‘Blindly Bulldozes On’

The long-battled lawsuit between the San Francisco-based fintech firm Ripple and the American Securities and Exchange Commission (SEC) has yet another update. Despite calls for a conclusion and growing support for Ripple, the SEC has asked for an extended timeline.

Legal experts weren’t too pleased with this motion as the regulator’s victory probability grew slimmer. BeInCrypto reported that a few legal experts hinted that the SEC’s (potential) “bruising defeat” could be nearing soon. Supporters for Ripple Labs in its litigation against the SEC keep piling on. More than 75,000 supporters and (now) 12 entities have pledged their support for Ripple with an Amicus curiae brief filing.

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2022-11-05 05:31:03 More entities back Ripple as SEC seeks extension

According to the court filing, the SEC had brought a lawsuit against the DAO that its VERI tokens were unregistered securities on Aug. 12, 2019. The filing continued that while the organization resolved the issue concerning the tokens with the commission, they were unable to clarify whether the tokens.

The DAO stated that efforts to get more clarity concerning this token from the regulator had proven abortive. The SEC only provided an informal warning that the VERI Tokens would be treated as securities. Several other firms, including U.S.-based crypto exchange Coinbase, have filed a motion to support Ripple. Coinbase said the SEC lawsuit had caused around $15 billion in losses for retail traders.

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