Ripple Lawsuit Update: XRP Falls Amid SEC Battle, What’s Next?
The XRP price falls amid legal upheaval. Here, we look at price fluctuations, critical levels, and forthcoming major events in the ongoing court battle. Amid ongoing legal disputes between Ripple and the U.S. Securities and Exchange Commission (SEC), the price of XRP falls below $0.49 today. The recent decline in XRP reflects investor concerns amid regulatory […]
Layer 3 Blockchain Degen Chain Cuts Block Production For Hours
Degen Chain, a leading Layer 3 blockchain network, stops block production for almost 12 hours. As platform stability concerns grow, stakeholders demand answers. Degen Chain, a Layer 3 blockchain network, has encountered an unexpectedly severe disruption that has prevented the generation of blocks for more than 11 consecutive hours and is still climbing. This unexpected […]
Philippines Commences Sandbox Testing for Peso-Backed Stablecoin
Philippines central bank greenlights trials for PHPC, a peso-backed stablecoin, in partnership with Coins.ph under the Regulatory Sandbox Framework. In regulated trials, the central bank of the Philippines will launch a national stablecoin pegged 1:1 to the local peso. A pilot program for PHPC, a stablecoin supported by the Philippine peso, was authorized by the […]
XRP Lawyer Reacts To South Korea’s XRPL Validator Addition
South Korean digital asset service firm Infinite Block joined the XRP Ledger as a validator after Japanese SBI Holdings explored a similar move. Pro-XRP lawyer Bill Morgan responded to the recent revelation that Infinite Block, a Korean virtual asset service provider, would join the XRP Ledger as a validator. Furthermore, he underscored the importance of this […]
Tether CTO Criticizes Ripple Chief for USDT Comments
Ripple CEO predicts US government‘s scrutiny on Tether, prompting rebuttal from Tether CTO. Brad Garlinghouse, CEO of Ripple, stated in his most recent interview that Tether (USDT) would be the next target of the United States government in cryptocurrency. Given the US government’s efforts to implement regulations on stablecoins, it may target market leaders such […]