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SEC retargets Ripple’s XRP sales on exchanges, distributions of XRP to employees in Form C filing
The Commission does not dispute the $125 million fine imposed on Ripple Labs. Key Takeaways The SEC's appeal does not contest XRP's classification as a non-security but challenges other aspects of the ruling. The appellate court will conduct a de novo review of the SEC's claims against Ripple's XRP transactions. The SEC is appealing the July 2023 ruling that determined Ripple’s XRP sales on digital asset platforms, executives’ sales, and other distributions of XRP did not constitute investment contracts, according to a Civil Appeal Pre-argument statement (Form C) shared by attorney James Filan. “Whether the district court erroneously granted partial...
Bitcoin.com Wallet App Launches ‘Instant Rewards’ – Earn Crypto Instantly by Completing Simple Tasks
Bitcoin.com is excited to announce the launch of Instant Rewards, an innovative new feature in the Bitcoin.com Wallet app that transforms earning crypto into a fun, interactive process by completing everyday tasks. This latest addition empowers users to seamlessly integrate earning crypto into their daily routines. “Our Rewards Center provides much-needed incentive for people to learn about and safely use self-custodial Bitcoin and crypto. With Instant Rewards, it’s now that much easier for newcomers to take their first step toward true economic freedom,” said Bitcoin.com CEO Corbin Fraser. “Whether you’re a seasoned crypto enthusiast or just starting out, this feature...
Bitcoin ATM installations are approaching 2022’s record high, driven by recent surge in BTC price
Hong Kong, Hong Kong, July 25th, 2024, Chainwire The ‘Web3 Shopify of Social’ hits 30,000 onchain users in 2 weeks as the first app goes live OpenSocial Protocol, a composable infrastructure layer for building social applications, announced today a $6 million strategic backing led by Framework Ventures and North Island Ventures, with participation from other investors including Hivemind Capital Partners, Stratos, Moonrock Capital, Chorus One, HV Capital, X Ventures, Gate Labs, Panga Capital, Aspen Digital; and super angels like Jordi Alexander (Selini Capital), Sreeram Kannan (EigenLayer), Luca Netz (Pudgy Penguins), Sandeep Nailwal (Polygon Labs), Yaoqi (Altlayer), Robinson Burkey (Wormhole Foundation),...
