Ripple CTO takes to Twitter to comment on some aspects of the recent SVB case
David Schwartz, the CTO and co-founder of XRPL at Ripple Labs, took to Twitter to comment on the recent SVB case and advised users to withdraw their funds from the insolvent bank. Although Ripple had exposure to Silicon Valley Bank, as confirmed by CEO Brad Garlinghouse, it was a small amount that would not impact […]
Rate hikes, will the Fed have a break?
The crypto markets are continuing to rise amid the ongoing banking crisis in the United States and abroad. Bitcoin and other altcoins have reached levels that have not been seen in nine months, following a week of chaos for macro markets. As old resistance levels are being broken, bulls are trying to establish newly-reclaimed support, […]
Ripple – Sec: Deaton foresees that the emails from Hinman will become publicly available
In the ongoing legal dispute between Ripple and the SEC about XRP sales, attorney John Deaton has predicted that emails and speech drafts related to former SEC official William Hinman will eventually become public, despite the SEC’s efforts to keep them sealed. Deaton believes that the documents will be relevant not only with XRP but […]
Ripple’s Fridman criticizes Sen. Elizabeth Warren for her statement
Senator Elizabeth Warren and Ripple International Policy’s counsel, Susan Friedman, recently engaged in a discussion regarding the U.S. government’s handling of the crypto industry. Senator Warren criticized the government’s prioritization of billion-dollar crypto firms over struggling student loan borrowers. Friedman, however, argued that the government’s actions were not solely focused on the crypto industry and […]
Ripple Invests in Singaporean Fund to Accelerate Web3 Adoption
Ripple, a cryptocurrency payment company, has formed a strategic partnership agreement with Blockchain Founders Fund to foster the development and adoption of Web3-focused startups. As part of the collaboration, Ripple has invested in a Singapore-based venture capital fund that will provide additional support to early-stage blockchain companies with high potential. The exact amount of the […]
What is the Howey Test?
The Howey test is a legal standard utilized in the United States to determine whether a transaction qualifies as an investment contract and is therefore considered a security under federal law. In SEC v. W.J. Howey Co. (1946), the U.S. Supreme Court established the test, which has subsequently been used in various cases to determine […]