Ripple Labs

YouTube restored an attack ad against Katie Porter that’s running ad nauseam for users in California right now after it was pulled Sunday for violating the video-sharing site’s policies. The ad, purchased by a political action committee called Fairshake, is being bankrolled by several prominent names in the world of crypto. The weird part? It’s not clear why the ad was briefly banned. Crypto Exchanges Restrict Withdrawals“Who is Katie Porter? A fake and an accomplished actor,” the narrator of the ad claims. “That’s from…

Tyler and Cameron Winklevoss have donated $4.9 million to the political action committee Fairshake, according to new filings with the U.S. Federal Election Committee. It’s just the latest windfall for Fairshake, which is spending millions to run attack ads against Katie Porter, a Democrat who’s running for Dianne Feinstein’s old U.S. Senate seat in California.What Drew Noomi Rapace to Constellation?The new donation from the Winklevoss twins, first reported by Crypto Telegraph Wednesday, comes after huge players in the…

One of the most pressing questions in American politics has finally been answered: Who would Elizabeth Warren most want to smoke copious amounts of weed with?Nvidia’s Almost Worth 2 Trillion. Is It a Bubble, or Is It Just Getting Started?Warren recently went on the left-leaning political podcast Pod Save America, where she was asked by host Jon Favreau (not to be confused with the director of Iron Man) who her “dream blunt rotation” would be. Warren seemed disinterested in smoking weed with most of her Washington D.C.…

The XRP price prediction for 2024 spans a wide spectrum XRP (XRP-USD) is one of the oldest and most popular cryptocurrencies in the market. It was created by Ripple Labs, a company that provides cross-border payment solutions using blockchain technology. XRP is designed to facilitate fast, cheap, and secure transactions between different currencies and networks. However, XRP has been facing a major challenge since December 2020, when the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against…

Bitcoin and other cryptocurrencies rose in value on Friday after the US Securities and Exchange Commission was handed a setback in its legal campaign against the hard-hit sector.The increases came after a federal judge in Manhattan partially dismissed the SEC's case against the creators of the XRP cryptocurrency, Ripple Labs, who were accused of marketing their currency without first registering it with the Wall Street regulator. The SEC has argued for years that certain digital currencies are financial securities, like…

Cryptocurrency companies that have resisted US regulatory oversight, arguing digital assets are not securities, won a court victory this week. On Thursday Ripple Labs got a landmark ruling from a federal judge who said some of the company's XRP token sales were not subject to securities laws.What did the Ripple judge say? US District Judge Analisa Torres in New York found some digital token sales by Ripple did not violate the law as alleged by US Securities and Exchange Commission. The SEC sued Ripple for conducting an…

WASHINGTON—Former Treasury Department official Michael Barr is expected to pursue tougher oversight of the financial system and reverse some Trump-era policies if he wins confirmation as the Federal Reserve’s top bank regulator.Mr. Barr, who worked in the Obama administration, is scheduled to face the Senate Banking Committee in a confirmation hearing Thursday, a hurdle to a four-year term as Fed vice chairman for supervision. If confirmed by the Senate, he would become the most influential…

WASHINGTON—The Securities and Exchange Commission will boost the size of its special unit devoted to investigating cryptocurrency frauds and other misconduct, a move that follows the agency’s aggressive push to get the unregulated industry to come under federal supervision. The SEC said it plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, which was created in September 2017 when regulators noticed a surge of new digital coins sold to the public. The…