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Asset Management Firm Bitwise Files for Spot XRP ETF


Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse’s positive outlook...

Supreme Court of India’s Youtube Channel Hacked to Promote XRP Scam


The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later that day. Ripple CEO Brad Garlinghouse responded, condemning...

North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto


The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve...

On the Ground at Frostapalooza


I can’t say I would have ever expected to see Jeremy Keith performing the Yeah Yeah Yeahs song “Maps”, but then again, I don’t know what I expected to happen at Frostapalooza. The Event Brad Frost, web … On the Ground at Frostapalooza originally published...

SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes


The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law violations. While Ripple celebrated the 94% reduced...

Ripple and DIFC Partner to Drive Blockchain and Crypto Adoption in UAE


Ripple has unveiled its plan to partner with the Dubai International Financial Centre (DIFC) Innovation Hub to promote blockchain and crypto adoption in the UAE. The collaboration seeks to encourage innovation among early-stage companies and large institutions. Ripple has dedicated one billion...

Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation


Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted...

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