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Ripple Investor Tetragon Sues It Following SEC Action

The UK-based investment giant has stated that it plans to redeem its Series C stock as per the “contractual right”. Thus, it asks regulators to prevent Ripple from using its cash or other liquid assets until it clears the dues. Ripple says the lawsuit by Tetragon holds no merit.Soon after the US Securities and Exchange Commission (SEC) filed a lawsuit on Ripple two weeks back, the troubles for the company have just escalated further. On Tuesday, January 6, UK-based investment giant and...

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Ripple Slammed With Another Lawsuit From One of Its Major Investors

The San-Francisco-based blockchain company Ripple may still have more issues to deal with, as one of its lead investors involved in the company’s Series C funding has filed a lawsuit following the U.S. SEC’s allegations.Ripple Gets Hit From the InsideAccording to Bloomberg, on Tuesday (Jan. 5, 2021), Tetragon Financial Group, an investment company based in the UK fled a complaint against Ripple on Monday in Delaware Chancery Court. Part of the lawsuit is looking to “enforce its contractual...

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Vitalik Buterin: Blockchain Has Already Been Largely Adopted

Bitcoin has been jumping like mad as of late. Despite a recent dip, the currency reached a new all-time high during the beginning of the week that saw the asset trading for well over $33,000. In addition, blockchain is reaching record levels when it comes to industry adoption, and according to Vitalik Buterin – the legendary co-founder of Ethereum, the second-largest cryptocurrency in the world and the primary competitor to BTC – the case for blockchain is “underrated,” and likely to go even...

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XLM Exploded by 40% As Ukraine Picks Stellar to Develop Its Digital Asset Infrastructure

The popular blockchain project Stellar has signed a Memorandum of Understanding and Cooperation with the Ministry of Digital Transformation of Ukraine to explore and develop virtual currencies and a CBDC. The native cryptocurrency has reacted with a massive surge by almost 40% a day after the announcement.Stellar And Ukraine To Work On Digital Assets And CBDCThe Stellar Development Foundation (SDF) announced the signing of the contract yesterday. The Memorandum will enable Stellar to work...

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OCC Allows Banks to Use Blockchain and Stablecoins

The Office of the Comptroller of Currency has announced that banks can now issue stablecoins in exchange for fiat currencies.According to a letter that just emanated from the Office of the Comptroller of Currencies (OCC), banks that are regulated by the federal government can now use blockchains to process payment. And also issue stablecoins in exchange for fiat currencies.It has become known that these financial institutions can make use of these new innovations as long as they are law...

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Der Beste Bitcoin-Service ever? So funktioniert Bitrefill!

Bitrefill: Einer der genialsten Services im Bitcoin-Bereich. Wer Bitrefill nicht ausprobiert, hat was verpasst. Es sieht aus wie ein simples Gutschein-Portal, aber wer wagt und ausprobiert merkt, das ist (vielleicht) der genialste Bitcoin Service ever: Bitrefill (*) ist eine Website und eine App-Austauschplattform, die beabsichtigt, das Leben mit digitalen Währungen wie Bitcoin zu vereinfachen. Bitrefill zielt darauf ab, Benutzern zu...

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#1047 XRP Coinbase Sammelklage, US-Banken Stablecoins Zulassung, Binance Tradingvolumen Rekord

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1047. Im heutigen Video geht’s um folgende Themen: XRP-Investor startet Sammelklage gegen Coinbase, US-Banken können Stablecoins zur Zahlungsabwicklung nutzen, Binance Trading Rekord. 1.) XRP-Investor startet Sammelklage gegen Coinbasehttps://www.btc-echo.de/xrp-investor-startet-sammelklage-gegen-coinbase/ 2.) US-Banken können Stablecoins zur Zahlungsabwicklung...

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Legal? The Future of Cryptocurrency and the Law

Cryptocurrency is a relatively recent invention, especially when we compare it to a traditional currency, which has been around as long as humans have lived in organized societies. But with any new development, there is a natural hesitancy in acceptance of change, especially from those who are in control of the old ways. But does this hesitancy translate into cryptocurrency being illegal? Let’s take a closer look at the legality or otherwise of cryptocurrency today. Property or Currency?...

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Les banques américaines autorisées à utiliser les blockchains publiques et les stablecoins

L’Office of the Comptroller of the Currency (OCC), organisme sous la tutelle du département du Trésor des États-Unis, vient d’autoriser hier les banques nationales implantées aux États-Unis :– à utiliser les blockchains publiques et les stablecoins comme infrastructures de règlement dans le système financier américain, – à participer en tant que nœud à une blockchain, – à émettre leurs propres...

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It’s Birthday Time! Bitcoin Celebrates 12 Years of Mining

Pull out the cake, put on those party hats and blow out the candles! Bitcoin is celebrating a birthday. It was exactly 12 years ago on January 3, 2009 that the very first unit of the world’s largest and most powerful cryptocurrency by market cap was extracted from the blockchain.Bitcoin’s Birthday Is HereAnd what a great way to celebrate this newfound horizon. The asset recently spiked beyond the $33,000 mark, reaching a new all-time high and starting 2021 off on solid ground. Gaurav Dahake –...

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