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US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It


U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why...

Ripple CEO Discusses Potential Outcomes of SEC Lawsuit Over XRP


Ripple’s chief executive has shared his views on possible outcomes of the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over the sale of xrp, which the regulator claims to be an unregistered securities offering. Ripple’s CEO Discusses Implications of SEC Winning...

US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP


U.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier to go after the small fish than the big fish, but the big fish operating major...

E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin


The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s tech-led reimagination.” Ebay Purchases NFT Marketplace in Order to Make...

Sonic Creator Confirms Michael Jackson Composed Music For Sonic 3


What a way to break some news, huh? On Twitter, Sonic the Hedgehog creator Yuji Naka said the quiet part out loud: Michael Jackson definitely, totally composed some music for the 1994 Sega Genesis game, Sonic the Hedgehog 3. Unfortunately, Naka followed up the confirmation that this long-running...

People Want Digital Cash, Governments Need to Accept That, Circle CEO Says


  There is a reason that “cash is king,” and people around the world want a digital form of cash that is private, offers final settlement, and cannot be “turned off” by a central party, argued Jeremy Allaire, co-founder and CEO of digital payments company Circle. Allaire said that for...

Bitcoin & Crypto ‘Tribalism’ Hurts Entire Market, Ripple CEO Says


  The “tribalism” that has formed around bitcoin (BTC) and other cryptoassets is becoming a problem for the entire crypto market, according to Brad Garlinghouse, CEO of the XRP-affiliated American fintech firm Ripple. The comments were made during a fireside chat at the Paris Blockchain Week...

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