Binance Square
Inicio
Notificación
Perfil
Artículos populares
Noticias
Historial de marcadores y "me gusta"
Centro de creador
Ajustes
LIVE
LIVE
DeFiDynamo
--・289 views
Ripple has donated $25 million to the Fairshake super PAC, bolstering the crypto industry's push for pro-crypto policies and politicians. Amid its ongoing legal dispute with the SEC, Ripple is advocating for fair and balanced regulation. The company criticized the SEC's ineffective attempt to regulate the crypto industry via enforcement and stressed the importance of the 2024 elections for the industry. Ripple CEO Brad Garlinghouse stated that the company will actively educate voters on the role of crypto in the future and the risks of anti-crypto policies. This donation follows a $20 million contribution to Fairshake six months ago, marking a significant increase in Ripple's political activity.

Ripple has donated $25 million to the Fairshake super PAC, bolstering the crypto industry's push for pro-crypto policies and politicians. Amid its ongoing legal dispute with the SEC, Ripple is advocating for fair and balanced regulation. The company criticized the SEC's ineffective attempt to regulate the crypto industry via enforcement and stressed the importance of the 2024 elections for the industry. Ripple CEO Brad Garlinghouse stated that the company will actively educate voters on the role of crypto in the future and the risks of anti-crypto policies. This donation follows a $20 million contribution to Fairshake six months ago, marking a significant increase in Ripple's political activity.

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
0
Explora las últimas noticias sobre criptos
⚡️ Participa en los últimos debates del mundo cripto
💬 Interactúa con tus creadores favoritos
👍 Disfruta contenido de tu interés
Email/número de teléfono
Creador relevante
LIVE
DeFiDynamo
@Square-Creator-4d9133506

Explora más de este creador

Kraken, a leading cryptocurrency exchange, has reported a security breach in which an undisclosed white-hat hacker group exploited a bug and stole digital assets worth approximately $3 million from the platform's treasury. The group, claiming to be security researchers, are demanding a speculated amount of money that could have been lost if the bug was not disclosed before returning the stolen funds. The bug allowed users to artificially inflate their balance on the platform. While customer funds were not at risk, the flaw enabled attackers to deposit and withdraw funds from Kraken's treasury without completing the deposits. The issue was resolved within two hours of identification. Upon investigation, Kraken discovered that three accounts had exploited the bug, one of which belonged to a user claiming to be a security researcher. The researcher found the bug first and informed two colleagues who exploited the flaw for larger sums, collectively withdrawing roughly $3 million in crypto. When asked to return the assets, the group refused and demanded Kraken provide an estimate of the potential damage caused by the bug. Kraken's chief security officer, Nick Percoco, has stated that the case is being treated as a criminal matter and is coordinating with law enforcement agencies.
--
Montenegrin Prime Minister, Milojko Spajić, has been identified as an early investor in Terraform Labs, according to recent reports. Court documents reveal that Spajić invested $75,000 in April 2018, acquiring 750,000 Luna tokens, which at their peak were valued at $90 million. However, Terraform Labs' cryptocurrency project failed in 2022, leading to losses exceeding $40 billion for investors worldwide. The collapse of Luna token in spring 2022, from a peak of $119 to nearly zero, resulted in significant losses for investors. Despite this, Spajić maintained that it was his employer, not he personally, who was defrauded of the investment. It remains unknown whether Spajić asked for a return on his investment or compensation for lost profits. Terraform Labs and its founder, Do Kwon, have since been held accountable for defrauding investors, with the SEC securing a settlement requiring the company to pay $4.37 billion in fines and interest and Kwon to contribute $200 million to an investor compensation fund.
--
Despite the current stagnation in the cryptocurrency market, data suggests that many digital assets, including SHIB, DOGE, and ADA, are significantly undervalued, indicating a potential for price recovery. Santiment's 30-day Market Value to Realized Value (MVRV) ratio reveals Bitcoin (BTC), Ethereum (ETH), and XRP are mildly bullish, while DOGE and ADA show extreme undervaluation, suggesting very bullish prospects. The popular meme coin Shiba Inu (SHIB) has the lowest MVRV among these tokens, indicating strong bullish potential for a rebound. Bitcoin's exchange supply is near December 2021 lows, suggesting a bullish reversal could be imminent. Analysts believe the present conditions resemble the early stages of previous bull markets, reinforcing the notion that BTC and the cryptocurrency market as a whole could secure new highs before the end of this year.
--
In the wake of a brief uptrend that saw XRP surpass $0.50, the cryptocurrency experienced a minor decline. Despite this, XRP managed to erase its weekly losses, standing out as the only top cryptocurrency to register a slight increase during the same period. The price action was accompanied by a surge in open interest (OI) as investors closely followed the ongoing legal dispute between Ripple and the US Securities and Exchange Commission (SEC). The rise in OI indicates that investors are opening positions in anticipation of a price increase, as per CryptoQuant's analysis. The on-chain analytic platform also noted heightened trading activity around XRP, currently the seventh-largest cryptocurrency by market cap. This trend could signal bullish investor sentiment, but it could also introduce potential market volatility. The legal battle between Ripple and SEC, which began in December 2020, revolves around allegations of unregistered securities offerings through XRP sales. The latest disagreement pertains to the size of Ripple's potential penalty, with the SEC proposing a $102.6 million fine, significantly lower than the initial $2 billion.
--
In a significant shift over the past year, Dogecoin's largest whales, those holding more than 0.1% of the total supply, have been steadily reducing their holdings. According to IntoTheBlock, their collective share has decreased from 45.3% to 41.3%, indicating a redistribution of the meme coin towards retail and mid-sized investors. This trend is validated by the increase in supply held by entities with balances between 100 million and 1 billion DOGE. Despite a recent 20% drop in Dogecoin's value, the redistribution trend could suggest further losses. However, the potential launch of spot Dogecoin ETFs could boost its trajectory. Experts, including BitMEX co-founder Arthur Hayes, believe that Dogecoin could secure an ETF by the end of this cycle, given its status as the oldest meme coin and its competitive advantage over newer meme coins.
--

Lo más reciente

Ethiopia's Ministerial Council Approves CBDC Launch Draft
--
Hong Kong's Virtual Bank WeLab Completes Corporate Restructuring
--
Significant Drop in Floor Prices of Blue-Chip NFT Series
--
Ondo Finance Transfers 8.17 Million ONDO Tokens To 24 Wallets
--
Nillion Network Launches NIL Token Issuance On Coinlist Platform
--
Ver más
Mapa del sitio
Cookie Preferences
Términos y condiciones de la plataforma
Mapa del sitio
Términos y condiciones de la plataforma
ba-one-trust-cookie