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Can Ripple (XRP) compete against leading cryptocurrencies in 2024?


Ripple Labs — a US-based technology company — created Ripplenet to resolve the ineffective payment mechanism.  RippleNet was created to give banks a faster, more cost-effective, and simplified option for performing cross-border transactions by facilitating payments using its XRP cryptocurrency...

Coinbase Seeks US Court’s Assistance to Compel SEC on Crypto Rule-Making


Source: AdobeStock Brian Armstrong-led cryptocurrency exchange Coinbase has again called on the US justice system to persuade the Securities and Exchange Commission (SEC) to provide clear regulatory guidelines on crypto assets. According to the centralized digital asset trading firm,...

Aragon DAO Backs Lawsuit Against Founding Team, Allocates $300,000 in Funding


Image source: Adobe Stock Aragon DAO, a decentralized autonomous organization, has passed two votes that support a lawsuit against its founding team, allocating $300,000 in funding for the legal battle.  The voting process saw unanimous approval for the proposal, with 1.6 million governance tokens...

SEC Identifies 16 Crypto Tokens as Securities in Kraken Lawsuit


The U.S. Securities and Exchange Commission (SEC) has identified 16 crypto tokens as securities in its lawsuit against cryptocurrency exchange Kraken. Some of the alleged crypto securities were the same as those highlighted in the SEC’s lawsuits against Coinbase and Binance. Kraken’s...

DOJ Holds Press Conference on Binance, “CZ” Announces New CEO


Founder and former CEO of Binance, Changpeng Zhao, announced his replacement today as the Department of Justice held a press conference announcing significant cryptocurrency enforcement actions against his company. Binance makes a “complete exit” Zhao has pleaded guilty to “willfully...

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