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IO.NET
2023/11/09
Igniting the GPU Revolution: The Future of Decentralized Computing
The technology landscape is on the brink of a revolution, with the beta launch of a decentralized cloud service that will change the paradigm of how AI and machine learning are driven. Focused on harnessing untapped GPU resources, this initiative is a wake-up call to early GPU vendors, offering them the opportunity to participate in an innovative project that promises greater rewards and transformative impact on the industry.
Igniting the GPU Revolution: The Future of Decentralized Computing
The technology landscape is on the brink of a revolution, with the beta launch of a decentralized cloud service that will change the paradigm of how AI and machine learning are driven. Focused on harnessing untapped GPU resources, this initiative is a wake-up call to early GPU vendors, offering them the opportunity to participate in an innovative project that promises greater rewards and transformative impact on the industry.
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IO.NET is a great investment for the future. IO.NET is the future!
Beyond Blockchain: The broader vision of io.net
While the current focus is on driving machine learning and artificial intelligence, the implications of the io.net platform go further. The integration of zero-knowledge proofs and other blockchain technologies indicate a future where decentralized computing transforms industries far beyond cryptocurrencies, from secure voting systems to innovative financial solutions.
At its core, io.net is not just about launching a service; is catalyzing a movement towards a more efficient, decentralized and powerful computing future. The call to action for GPU vendors is clear: join the io.net network and drive the next wave of technology innovation.
#IO.NET
This post should be considered another opinion. It is not an invitation to invest in io.net, that is up to the consideration of each investor.
Beyond Blockchain: The broader vision of io.net
While the current focus is on driving machine learning and artificial intelligence, the implications of the io.net platform go further. The integration of zero-knowledge proofs and other blockchain technologies indicate a future where decentralized computing transforms industries far beyond cryptocurrencies, from secure voting systems to innovative financial solutions.
At its core, io.net is not just about launching a service; is catalyzing a movement towards a more efficient, decentralized and powerful computing future. The call to action for GPU vendors is clear: join the io.net network and drive the next wave of technology innovation.
#IO.NET
This post should be considered another opinion. It is not an invitation to invest in io.net, that is up to the consideration of each investor.
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HSBC will offer custody of tokenized gold, in alliance with Ripple:
The company reported a tokenized RWA custody service that will be available to HSBC institutional clients in 2024. The initiative was carried out in conjunction with the firm Metaco, owned by Ripple Labs.
Source: cryptonoticias.com
The company reported a tokenized RWA custody service that will be available to HSBC institutional clients in 2024. The initiative was carried out in conjunction with the firm Metaco, owned by Ripple Labs.
Source: cryptonoticias.com
RIPPLE vs. SEC 😬
CryptoPotato
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If Ripple Settles With the SEC, It’s a 99.9% Legal Victory for the Crypto Company: Pro XRP Lawyer
John Deaton, prominent crypto lawyer and founder of Crypto Law, has once again shared his opinion on the ongoing lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC).
According to a tweet, the pro-XRP lawyer believes that a settlement of $20 million or less in the lawsuit between the crypto company and the U.S. regulator is a 99.9% legal victory for the former.
A 99.9% Legal Victory
Deaton stated that people who argued that the SEC got a 50-50 victory in its case against Ripple were wrong because it was more like 90-10 in Ripple’s favor.
The crypto lawyer’s comment was triggered by a tweet from Ripple’s chief legal officer, Stuart Alderoty, highlighting another legal loss for the SEC. The U.S. Court of Appeals for the Second Circuit ruled in the case of the SEC vs Govil that the agency cannot request a disgorgement award without first proving that XRP investors were harmed financially. If there is no financial harm, there wouldn’t be any disgorgement.
Recall that a few months ago, Judge Analisa Torres ruled that the secondary sales of XRP were not securities or investment contracts. While passing the verdict that gave Ripple its first landmark victory in the lawsuit, the judge also upheld the SEC’s arguments that selling the digital asset to institutions and sophisticated buyers violated securities law. The decision bolstered the agency’s claims of roughly $770 million from institutional XRP sales.
The judge has approved a joint request from the SEC and Ripple for a briefing to address the institutional sales of XRP.
Mixed Reactions
The outcome of Judge Torres’ ruling stirred mixed reactions in the crypto community, with some people saying that the SEC got a 50-50 victory in the lawsuit. On the other hand, Deaton’s stance resonates with the belief of a larger part of the community, which considers the proposed $20 million settlement a favorable resolution for the crypto company.
While Deaton believes the case tilted in Ripple’s favor, he still insists that the SEC’s actions affected the potential mass adoption of XRP in the last three years and caused damages to the firm.
The post If Ripple Settles With the SEC, it’s a 99.9% Legal Victory for the Crypto Company: Pro XRP Lawyer appeared first on CryptoPotato.
According to a tweet, the pro-XRP lawyer believes that a settlement of $20 million or less in the lawsuit between the crypto company and the U.S. regulator is a 99.9% legal victory for the former.
A 99.9% Legal Victory
Deaton stated that people who argued that the SEC got a 50-50 victory in its case against Ripple were wrong because it was more like 90-10 in Ripple’s favor.
The crypto lawyer’s comment was triggered by a tweet from Ripple’s chief legal officer, Stuart Alderoty, highlighting another legal loss for the SEC. The U.S. Court of Appeals for the Second Circuit ruled in the case of the SEC vs Govil that the agency cannot request a disgorgement award without first proving that XRP investors were harmed financially. If there is no financial harm, there wouldn’t be any disgorgement.
Recall that a few months ago, Judge Analisa Torres ruled that the secondary sales of XRP were not securities or investment contracts. While passing the verdict that gave Ripple its first landmark victory in the lawsuit, the judge also upheld the SEC’s arguments that selling the digital asset to institutions and sophisticated buyers violated securities law. The decision bolstered the agency’s claims of roughly $770 million from institutional XRP sales.
The judge has approved a joint request from the SEC and Ripple for a briefing to address the institutional sales of XRP.
Mixed Reactions
The outcome of Judge Torres’ ruling stirred mixed reactions in the crypto community, with some people saying that the SEC got a 50-50 victory in the lawsuit. On the other hand, Deaton’s stance resonates with the belief of a larger part of the community, which considers the proposed $20 million settlement a favorable resolution for the crypto company.
While Deaton believes the case tilted in Ripple’s favor, he still insists that the SEC’s actions affected the potential mass adoption of XRP in the last three years and caused damages to the firm.
The post If Ripple Settles With the SEC, it’s a 99.9% Legal Victory for the Crypto Company: Pro XRP Lawyer appeared first on CryptoPotato.
#RIPPLE XRP
Portable Detective07
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XRP Price of $17,500 🚀 The FED's Alleged Plan for an XRP World Debut!
📉 Market Downturn and Ripple-SEC Battle 📊With recent market turmoil and SEC's battle with Ripple, $XRP 's future is uncertain.💡 FED's Potential Support for XRP 💼Ripple CEO Brad Garlinghouse hinted at the FED collaborating to create a CBDC using XRP, expressing FED's interest and discussions with Ripple.🚀 FED's Openness to XRP for #cbdc 💰FED considering XRP for a CBDC would be a game-changer, likely propelling widespread adoption.🏆 XRP's Strengths 💪1. Efficiency and Scalability: XRP handles thousands of low-cost transactions per second, making it ideal for global payments.2. Global Network of Partners: Ripple's partnerships with 300+ banks and institutions pave the way for XRP's global adoption.3. Growing Demand: XRP's quick and affordable money transfer options make it increasingly appealing.🌐 XRP's World Debut 🌍The FED's interest, XRP's efficiency, and growing demand point toward a global debut.📰 News Articles on FED's Plan for XRP 🗞️- Ripple CEO Brad Garlinghouse Hints at FED Interest in XRP for CBDC (CoinDesk, Oct 31, 2023)- Could the FED Be Planning a World Debut for XRP? (Forbes, Nov 2, 2023)- XRP Poised for World Debut with FED's Alleged Plan (Yahoo! Finance, Nov 3, 2023)🔍 Note 🔍These reports are based on rumors and allegations, lacking official FED confirmation. However, FED's interest and discussions with Ripple are significant, potentially leading to an FED-backed XRP CBDC in the future. 🤞🤔📈 Speculative XRP Price of $17,500 🚀There's speculation about XRP hitting $17,500, but it's important to remember that this is based on unverified rumors, often labeled as "fake news." 🤨❌🔍 Research and Caution Advised 🔎🚦Please note that speculative information can be inaccurate, and financial decisions should be approached with caution and thorough research. 🤔💼Stay informed and make wise financial choices. Don't get carried away by unfounded rumors. 📊💡$BTC $ETH #BullRun #etf #Sei #Ledger
#Ripple !!!
BlockchainReporter
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XRP Price Soars to a 3-Month Peak, Surging 23% Against Bitcoin; XRP Set to Break $0.9 Next
In a surprising rally that has left investors speechless, XRP has shattered expectations by reaching a notable high, trading above $0.68 – a price not seen since the early days of August. The momentum has been building up for Ripple’s native token, which has registered a solid 23% surge when pitted against Bitcoin over the last seven days alone.
XRP Price Builds Momentum Ahead Of Final Verdict
Over the last few hours, Ripple’s XRP has been witnessing massive buying interest as it surged past critical resistance levels due to the hype of a final verdict coming closer. This resurgence in value and interest has been influenced by significant activity among large wallet holders, or ‘whales,’ who appear to be consolidating their holdings at a high rate.
Reports indicate that wallets containing between 100,000 to 1 billion XRP are now holding more than at any other point (45.8%) in the year 2023, signaling a strong institutional and investor vote of confidence in the altcoin. In the past week, the value of XRP has experienced a significant increase of 23% when measured against Bitcoin, reaching a milestone by surpassing the $0.68 threshold for the first time since the beginning of August.
Numerous members of the community attribute the latest uptick in market activity to the decision by the US Federal Reserve to maintain current interest rates. However, most of this increase in value has been partly triggered by a series of favorable court decisions for Ripple Labs in its continued lawsuit with the Securities and Exchange Commission (SEC).
Jeremy Hogan, an attorney popular with the XRP community, discussed on social media the potential outcomes of Ripple’s case with the SEC. He engaged with lawyer John E. Deaton’s speculation that a settlement of $20 million would be a near victory for Ripple. Hogan highlighted Ripple’s strategy to argue for a fine based on net profits from XRP sales rather than total sales, referencing their $770 million revenue figure.
He noted the increase in XRP’s price could challenge the claim that it is a security. Hogan also suggested that XRP sales outside the U.S. may not be subject to SEC penalties, and while the SEC can estimate fines, Ripple has room to contest them. Despite debate over the deductibility of certain expenses, Hogan expects the final penalty to be substantially less than $770 million, potentially under $100 million, according to some rumors. This has boosted the ‘HODLING’ sentiment for XRP.
Is XRP Price Ready For $0.9?
Cryptocurrency enthusiasts have been closely monitoring the performance of Ripple’s XRP, and the latest technical analysis from the well-regarded analyst Skew offers a bullish outlook for the altcoin.
On the weekly chart, XRP is painting a bullish picture, indicating a robust foundation at the $0.60 level, which is acting as a high time frame (HTF) support. This level is crucial for maintaining the current long-term uptrend, suggesting that as long as XRP remains above this support line, the sentiment remains positive for growth.
The analysis points toward a notable resistance at the $0.90-mark, which XRP must overcome to continue its upward trajectory. This resistance level is the gateway toward more substantial gains and rallies above $1.
On a daily (1D) scale, XRP is traversing a “thin area” of the price action, indicating that movement through this zone could lead to more significant price developments. The price range between $0.60 and $0.55 is particularly significant and warrants close observation for those tracking XRP’s progress on both a daily and weekly basis.
Skew’s four-hour (4H) chart analysis brings attention to the same price area from which XRP previously broke down and later broke out—an indicator that this price level is crucial for understanding future price movements. For short-term trading signals, the price range between $0.69 and $0.72 is where Skew suggests keeping an eye out for potential reactions, as this may provide clues to the immediate direction of the trend.
Finally, Skew mentions a retest of the 4-hour Exponential Moving Averages (EMAs) trend, which could occur with a sweep at the $0.69 level. This retest is critical for traders, as it can confirm whether the current bullish sentiment has the stamina to continue.
XRP Price Builds Momentum Ahead Of Final Verdict
Over the last few hours, Ripple’s XRP has been witnessing massive buying interest as it surged past critical resistance levels due to the hype of a final verdict coming closer. This resurgence in value and interest has been influenced by significant activity among large wallet holders, or ‘whales,’ who appear to be consolidating their holdings at a high rate.
Reports indicate that wallets containing between 100,000 to 1 billion XRP are now holding more than at any other point (45.8%) in the year 2023, signaling a strong institutional and investor vote of confidence in the altcoin. In the past week, the value of XRP has experienced a significant increase of 23% when measured against Bitcoin, reaching a milestone by surpassing the $0.68 threshold for the first time since the beginning of August.
Numerous members of the community attribute the latest uptick in market activity to the decision by the US Federal Reserve to maintain current interest rates. However, most of this increase in value has been partly triggered by a series of favorable court decisions for Ripple Labs in its continued lawsuit with the Securities and Exchange Commission (SEC).
Jeremy Hogan, an attorney popular with the XRP community, discussed on social media the potential outcomes of Ripple’s case with the SEC. He engaged with lawyer John E. Deaton’s speculation that a settlement of $20 million would be a near victory for Ripple. Hogan highlighted Ripple’s strategy to argue for a fine based on net profits from XRP sales rather than total sales, referencing their $770 million revenue figure.
He noted the increase in XRP’s price could challenge the claim that it is a security. Hogan also suggested that XRP sales outside the U.S. may not be subject to SEC penalties, and while the SEC can estimate fines, Ripple has room to contest them. Despite debate over the deductibility of certain expenses, Hogan expects the final penalty to be substantially less than $770 million, potentially under $100 million, according to some rumors. This has boosted the ‘HODLING’ sentiment for XRP.
Is XRP Price Ready For $0.9?
Cryptocurrency enthusiasts have been closely monitoring the performance of Ripple’s XRP, and the latest technical analysis from the well-regarded analyst Skew offers a bullish outlook for the altcoin.
On the weekly chart, XRP is painting a bullish picture, indicating a robust foundation at the $0.60 level, which is acting as a high time frame (HTF) support. This level is crucial for maintaining the current long-term uptrend, suggesting that as long as XRP remains above this support line, the sentiment remains positive for growth.
The analysis points toward a notable resistance at the $0.90-mark, which XRP must overcome to continue its upward trajectory. This resistance level is the gateway toward more substantial gains and rallies above $1.
On a daily (1D) scale, XRP is traversing a “thin area” of the price action, indicating that movement through this zone could lead to more significant price developments. The price range between $0.60 and $0.55 is particularly significant and warrants close observation for those tracking XRP’s progress on both a daily and weekly basis.
Skew’s four-hour (4H) chart analysis brings attention to the same price area from which XRP previously broke down and later broke out—an indicator that this price level is crucial for understanding future price movements. For short-term trading signals, the price range between $0.69 and $0.72 is where Skew suggests keeping an eye out for potential reactions, as this may provide clues to the immediate direction of the trend.
Finally, Skew mentions a retest of the 4-hour Exponential Moving Averages (EMAs) trend, which could occur with a sweep at the $0.69 level. This retest is critical for traders, as it can confirm whether the current bullish sentiment has the stamina to continue.
#RIPPLE
BOOOOOOOOOOOOOOOOOOM!!!!
$XRP reached $1+ in Australia! 💥🔥
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#xrp #XRPFuture #XRPFuture #IluPredictor
#xrparmy
$XRP reached $1+ in Australia! 💥🔥
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#xrp #XRPFuture #XRPFuture #IluPredictor
#xrparmy
#RIPPLE
🚨 Someone bought another BILLION dollars of $XRP today.
The 4th buy over $500 milly in the last 7 days before 8am EST.
Why are big in institutions like Uphold buying in the mornings? Because it allows the peasants to dump it throughout the rest of the day due to the peasants taking profits off a small pump. Then institutions buy the dumped assets the next morning. Rinse repeat.
Uphold already owns 3.5%ish of the XRP held right now. $1.25 Billy of the $34 Billy market cap.
#xrp #xrparmy #IluPredictor #XRPFuture #BinanceSquareXRP
The 4th buy over $500 milly in the last 7 days before 8am EST.
Why are big in institutions like Uphold buying in the mornings? Because it allows the peasants to dump it throughout the rest of the day due to the peasants taking profits off a small pump. Then institutions buy the dumped assets the next morning. Rinse repeat.
Uphold already owns 3.5%ish of the XRP held right now. $1.25 Billy of the $34 Billy market cap.
#xrp #xrparmy #IluPredictor #XRPFuture #BinanceSquareXRP
XRP
Google Is Running an XRP Ledger (XRPL) Node? Expert Presents Proofs
Google and Ripple Are Partners?
Within the XRP community, a recent wave of speculation suggests that Google may be running an XRP Ledger (XRPL) node. These claims can be traced back to Edo Farina (@edward_farina), the CEO of Alpha Lions Academy and manager of Alpha Husky Club, an NFT project on XRP XRPL.
In a recent post, Farina presented a screenshot detailing a register of computers operating XRPL nodes, containing their XRPL versions and IP addresses.
What caught the community’s attention was the revelation that one of these IP addresses was associated with Google LLC as the Internet Service Provider (ISP), indicating a potential connection. This discovery has fueled curiosity and led to questions about Google’s potential involvement in XRPL.
Edo Farina suggested that Google might have joined Microsoft in running XRPL nodes. It’s worth noting that Microsoft is already active in this space, operating an XRPL validating node through its Azure Blockchain as a Service (BaaS) offering. The mere possibility of Google’s entry into this domain has generated significant speculation.
This speculation was not confined to Farina alone. Other notable figures in the XRP community, such as Amelie (@_crypto_barbie) and WallStreetBulls (@w_thejazz), have alluded to the possibility of a Ripple-Google partnership, with WallStreetBulls if this is the dawn of a new era for XRP in the tech giant realm.
Google servers via a Virtual Private Network (VPN) or a proxy. This practice is common for privacy and security reasons, making the IP address appear as if it’s associated with Google.
Cloud Services: The user might be utilizing a hosting service or cloud platform provided by Google. These platforms enable users to deploy virtual machines and applications, which can lead to the association of IP addresses with Google LLC. Someone suggested this as a possibility in reply to Farina.
Fallow & like
Crypto_kite
Support 😍tips📉
#xrp #PYUSD #etf #sbf #BTC
$XRP $BNB $BTC
Google and Ripple Are Partners?
Within the XRP community, a recent wave of speculation suggests that Google may be running an XRP Ledger (XRPL) node. These claims can be traced back to Edo Farina (@edward_farina), the CEO of Alpha Lions Academy and manager of Alpha Husky Club, an NFT project on XRP XRPL.
In a recent post, Farina presented a screenshot detailing a register of computers operating XRPL nodes, containing their XRPL versions and IP addresses.
What caught the community’s attention was the revelation that one of these IP addresses was associated with Google LLC as the Internet Service Provider (ISP), indicating a potential connection. This discovery has fueled curiosity and led to questions about Google’s potential involvement in XRPL.
Edo Farina suggested that Google might have joined Microsoft in running XRPL nodes. It’s worth noting that Microsoft is already active in this space, operating an XRPL validating node through its Azure Blockchain as a Service (BaaS) offering. The mere possibility of Google’s entry into this domain has generated significant speculation.
This speculation was not confined to Farina alone. Other notable figures in the XRP community, such as Amelie (@_crypto_barbie) and WallStreetBulls (@w_thejazz), have alluded to the possibility of a Ripple-Google partnership, with WallStreetBulls if this is the dawn of a new era for XRP in the tech giant realm.
Google servers via a Virtual Private Network (VPN) or a proxy. This practice is common for privacy and security reasons, making the IP address appear as if it’s associated with Google.
Cloud Services: The user might be utilizing a hosting service or cloud platform provided by Google. These platforms enable users to deploy virtual machines and applications, which can lead to the association of IP addresses with Google LLC. Someone suggested this as a possibility in reply to Farina.
Fallow & like
Crypto_kite
Support 😍tips📉
#xrp #PYUSD #etf #sbf #BTC
$XRP $BNB $BTC
Ripple
Good news for these digital currencies: new international partnerships.
_The National Bank of Georgia (NBG) has selected leading blockchain payments platform #Ripple as the official technology partner of the Digital Lari project. It is a central bank digital currency (CBDC) project. Ripple wins #DigitalLariPilot Award according to a published statement from Ripple. The collaboration will include the implementation and delivery of the Digital Lari pilot using the Ripple CBDC platform. The new #CBDC platform will be used to evaluate potential use cases for Digital Lari to ascertain the benefits it holds for the public sector, businesses as well as retail users. Before becoming a technology partner of #NBG , Ripple underwent a rigorous selection process.
$XRP
#follow To see more news and details about digital currencies💵✅⬇️💯
_The National Bank of Georgia (NBG) has selected leading blockchain payments platform #Ripple as the official technology partner of the Digital Lari project. It is a central bank digital currency (CBDC) project. Ripple wins #DigitalLariPilot Award according to a published statement from Ripple. The collaboration will include the implementation and delivery of the Digital Lari pilot using the Ripple CBDC platform. The new #CBDC platform will be used to evaluate potential use cases for Digital Lari to ascertain the benefits it holds for the public sector, businesses as well as retail users. Before becoming a technology partner of #NBG , Ripple underwent a rigorous selection process.
$XRP
#follow To see more news and details about digital currencies💵✅⬇️💯