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XRP Surges as Ripple-SEC Case Ends
A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations, ending the long-running SEC case against the platform. XRP, the native token of Ripple, surged nearly 20% on the news, leading market-wide gains. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Ripple Was Not Hacked: Here's What Actually Happened
Ripple's XRP token is paring losses on Thursday, after falling by more than 5% following speculation that the network might have been hacked to the tune of $112.5 million. Chris Larsen, Ripple's Executive Chairman, clarified in a post on X that there had been a breach to his "personal XRP accounts," but not to Ripple itself. CoinDesk's Jennifer Sanasie breaks down the details.
XRP Climbs 14% This Week as Several Institutions Adopt Ripple’s Services
XRP has risen about 14% in the past week, as bitcoin and ether hold steady. Bulls may have reacted to two positive developments for payments firm Ripple, as the company recently won key approvals to operate and offer services in Georgia and Dubai. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Ripple's Business 'Thriving' Despite Regulatory Uncertainty in U.S.: Ripple Exec
A federal judge recently rejected the U.S. Securities and Exchange Commission's (SEC) bid to appeal its ground-shaking loss against Ripple. Ripple SVP of Strategic Initiatives Eric van Miltenburg discusses what the ruling has meant for Ripple's business operations and the state of crypto regulation in the U.S.
Ripple Exec Says Singapore Is a 'Significant Hub for Our Business'
Ripple's Singapore arm recently secured a license as a major payments institution from the country's monetary authority. Ripple SVP of Strategic Initiatives Eric van Miltenburg discusses the move and the future of digital assets in Singapore, which Ripple sees as a "significant hub" for the global crypto ecosystem. Plus, van Miltenburg's thoughts on the U.S. crypto regulatory landscape and the future of blockchain research.
Sam Bankman-Fried's Trial Kicks Off; Singapore Grants Crypto Licenses to Coinbase, Ripple
Host Megha Chaddah breaks down the latest developments in Sam Bankman-Fried's case as the FTX founder is goes to court in a New York. Plus, insights on the state of crypto adoption in Asia as Coinbase and Ripple secure full licenses for crypto payment services in Singapore. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
XRP Pares Gains After Judge Denies SEC’s Motion to Appeal Loss in Ripple Case
A federal judge has rejected the SEC's bid to appeal its loss against Ripple, the crypto firm associated with the XRP token, saying that the agency had failed to show that there are substantial grounds for differences of opinion. XRP's price rallied about 5% on the news earlier this week before retreating. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
XRP Drops 5% as SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling
Ripple’s XRP token has dropped over 5% in the past 24 hours, falling below $0.50 for the first time since July 13. This comes as the Securities and Exchange Commission (SEC) has further argued the need for a mid-case appeal over the finer points of law in its dispute with Ripple. CoinDesk's global policy and regulation managing editor Nikhilesh De weighs in on the latest legal developments.
Ripple Pushes Back Against SEC's Attempt to Appeal Court Ruling
Ripple argued in a Friday filing that the U.S. Securities and Exchange Commission (SEC) hasn't made enough of a case to warrant an appeals court intervention in its ongoing legal fight with the crypto company. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down Ripple's arguments in the filings.
SEC Regulators 'Running Around Frantically' Amid Grayscale's Court Win: Former SEC Lawyer
The U.S. Securities and Exchange Commission (SEC) has 45 days to appeal a federal circuit court's decision saying the agency must review Grayscale Investments' application to launch the first spot bitcoin ETF. Perkins Coie Partner and former SEC enforcement lawyer Keith Miller shares insights into the next steps, explaining why this is a "crack in the SEC's cryptocurrency foundation." Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).
