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Korean VAS provider Infinite Block joins as new XRP Ledger validator


The new XRP ledger validator is keen on diversifying the XRPL system and providing XRP-based services to business organizations. The Korean financial regulatory authority approved the Infinite Block as a provider of virtual assets. Very few business organizations, like Infinite Block, got approval...

XRP value drops amid stalled SEC vs. Ripple proceedings


There was absolutely no real news regarding the status of XRP, which did not seem to go down well with the investors, particularly with its value dropping by 1.36%. It stood at $0.4993.  No action was witnessed on the SEC vs. Ripple front.  Following the disciplinary brief filings, the court...

Legal expert challenges Ripple’s ODL deal under Howey Test


An important development has taken place in Ripple’s ongoing battle with the Securities and Exchange Commission (SEC) as Bill Morgan, a lawyer from the crypto sector, disputes the claim that Ripple’s On-Demand Liquidity (ODL) fits the Howey Test. This test determines whether...

Ripple up in arms against the SEC


A short while back, the SEC came out with a backed alternate report that stated that it stands by its position of believing that Ripple will repeat its misdemeanor, though the company has caused no trouble following the lawsuit against it in 2020. However, Ripple CLO accuses the SEC of being...

SEC Argues for Injunctions in Final Response of Ripple XRP Case


The SEC challenged Ripple’s assertion that the blockchain startup acted without recklessness and that there should be no “widespread uncertainty” about XRP’s legal status, despite the court previously rejecting this “fair notice” defense. The post SEC Argues for Injunctions in Final Response...

XRP poised for breakout: Analysts eye $1.68 mid-term target


XRP is estimated to touch $1.68 in mid-term, or maximum, by the end of this year, 2024. That would set the stage to retest the previous peak of $1.96, which occurred in April 2021. This comes as the cryptocurrency attempts to navigate its way out of the ongoing symmetrical triangle formation....

Ongoing SEC vs. Ripple legal battle awaits crucial developments


The tussle between the Securities and Exchange Commission and Ripple has yet to see any forthcoming closure, with charges and countercharges being leveled, as per James K. Filan, a seasoned lawyer.  A recent statement from Filan divulged that the SEC, via a closed document, had handed over...

Is XRP the crypto sleeping giant ready to awaken?


Unlike traditional cryptocurrencies, which seek to decentralize financial transactions and function as peer-to-peer electronic payment systems, XRP is different from these in the crypto market. While decentralization and anonymity are the main features of many cryptocurrencies, XRP emphasizes...

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