Tether CEO Paolo Ardoino says an uninformed executive behind a company being investigated by the SEC is being reported “spreading fear about USDT.” Tether boss Paolo Ardoino said in a recent post on X that an “uninformed CEO” is allegedly spreading a FUD about the firm’s stablecoin, USDT, in a bid to shake the company’s dominance in...
Ripple Labs rejected the U.S. SEC’s request to recover $2 billion from the company for institutional sales of XRP tokens. Ripple’s lawsuit states that the amount involved is much smaller and that the agency is trying to intimidate players in the digital asset market. The company filed a motion to dismiss the SEC‘s lawsuit alleging $2 billion. Last month,...
Ripple Labs CEO Brad Garlinghouse believes that spot Bitcoin ETFs will drive cryptocurrency demand and interest. According to CNBC, Garlinghouse also said the upcoming halving will have a positive impact on the crypto industry. Demand for crypto assets continues to increase while supply continues to decrease, encouraging higher values and further development, the Ripple Labs CEO admitted. “That...
Last week, a jury in New York declared Terraform Labs and its founder Do Kwon guilty of fraud charges. Meme coins had an average return of 1,312% in the first quarter (Q1), and Ripple wants to launch a USD-backed stablecoin. Here’s our weekly recap. Do Kwon guilty The Do Kwon saga took a new turn this week...
RippleX has reported a technical glitch affecting some Automated Market Maker (AMM) pools on the XRP Ledger (XRPL). The glitch has disrupted transactions within these pools. The RippleX team has alerted users through a post on X, advising against new fund deposits into AMM pools. Those holding liquidity provider (LP) tokens have been advised to withdraw their funds...
