Ripple CEO Says Legal Dispute With YouTube Over XRP Scams Now Resolved
Youtube is said to have settled a court case brought by Ripple that alleged the video platform failed to enforce its own policies and allowed fake accounts to impersonate the blockchain payments company and its CEO Brad Garlinghouse.
In a series of tweets Tuesday, Garlinghouse said the companies have now opted to “work together” with YouTube to “prevent, detect and take down these scams.”
In April, Ripple sued the video streaming giant for failing to effectively police against scams involving the cryptocurrency XRP (-1.91%), resulting in monetary damage to users and reputational harm to Ripple. The lawsuit focused on the “XRP Giveaway” frauds, which aim to trick victims into believing that if they send some amount of XRP they will receive a greater amount in return.
Recommended News
-
DeFiMEX first global DEFI options contract exchange
DeFiMEX is building a new DEFI options contract exchange with an innovative DEFI straddle arbitrage mechanism. The system currently supports trading of options contracts in the mainstream DEFI currencies. DeFiMEX will step into the new wind of the blockchain era, focusing on the new DEFI financial track with a top technical team, UNI Foundation participation and global operations. DeFiMEX will step into the new wind of blockchain era, focusing on the layout of DEFI new financial track, top technical team, UNI Foundation participation, global operation. The DeFi options contract is…
Business 05/12/2021 -
KHC — Redefining Finance
Looking back to 2020, traditional industries have been inflicted heavy losses and the development of global economy has come to a stalemate, even suffered a sharp recession by the pandemic. Therefore, as the representative of a favourable turn, the emergence of DeFi will inevitably become the new star to attract everyone’s attention. Decentralized Finance, DeFi, enables users to access financial services like debit and credit sides, trading and so on without relying on centralized entities such as banks and stock exchanges. DeFi is currently the fastest growing area in blockchain and cryptocurrency…
Business 04/20/2021 -
Deutsche Bank Says 52% of Its Investors Expect Bitcoin Below $60K in 12 Months
Deutsche Bank’s investor clients mostly see limited upside in bitcoin (BTC) this year and expect a decline towards $20,000-$40,000 in 12 months. Those are the highlights of a monthly market survey conducted by the German lender March 18-22 of 520 market professionals around the world. Bitcoin has been trading in a sideways range over the past week after failing to sustain an all-time-high around $61,000 reached earlier in the month. The 12-month BTC price forecast is more evenly distributed versus the three-month forecast, though a majority (52%) of respondents see prices under…
03/24/2021 -
Recapping the First Few Weeks of CME Ether Futures
On February 8, CME Group officially launched Ether futures. ETH futures went live just a little more than three years after CME Group began offering Bitcoin futures. In this interview, CME Group Global Head of Equity Index and Alternative Investment Products Tim McCourt discusses the origins of ETH futures, what convinced them that the time was right for the product to go live, how institutional investors’ attitudes towards Ethereum (and crypto as a whole) have changed, and how the response from the market has been. When did you start thinking…
03/26/2021 -
Forget Buying the Dip, MicroStrategy Buys $15M of Bitcoin as It Nears the All-Time High
Business analytics firm MicroStrategy has made yet another large bitcoin (BTC, -0.15%) purchase, buying a further $15 million worth. MicroStrategy announced Friday it purchased approximately 262 more BTC at an average price per coin of $57,146, just a little over $1,000 away from the cryptocurrency’s all-time high. This latest purchase brings the firm’s total bitcoin holdings to around 91,326, bought for an average of $24,214 apiece. At the time of writing, this is equal to around $5.1 billion, compared to the approximate $2.21 billion MicroStrategy paid for them. The company’s share price has partly recovered from a…
03/12/2021 -
NBA Top Shot Firm Dapper Labs Raising Funds at $7.5B+ Valuation: Report
Just a few weeks after after raising funds at a reported $2.6 billion valuation, Dapper Labs, responsible for the high-flying digital collectibles platform NBA Top Shot, is raising more money but is now being valued at more than $7.5 billion , according to The Information. Citing a person with direct knowledge of the talks, the report said the new round is being led by Coatue Management, which led the previous round. Coatue is led by billionaire investor Philippe Laffont. Three-year old Dapper’s value is exploding along with the demand for non-fungible tokens…
04/18/2021 -
SYW Coin Launching Mainnet, Realizing Global Circulation
Recently, something great happened within blockchain network. SYW coin completed the deployment on the ETH public chain and successfully launched the mainnet. This means that SYW has successfully realized global circulation and can be transferred in any blockchain networks. From now on, global investors can freely purchase or sell SYW coins. As a blockchain 2.0 application network, ETH’s related ecology has attracted the attention of many blockchain users and cryptocurrency owners. Ethereum holds the vast majority ofr DeFi protocols and stable coins. Due to its characteristics of having stable…
Business 05/26/2021 -
DATA FORK (DK) global currency exchange is about to open
DFORK can be said to be the most anticipated project in 2021. The brand-newteamwork mode, nine people form a group, three people win the prize,and six people receive the prize! The platform’s mother currency DATAFORK (abbreviation: DK) will open global currency exchange on March10. For the specific exchange address and method, please follow theofficial news, so stay tuned! DFORK iscommitted to building a decentralized, fair, just, and openinnovative exchange project of “group joining + resonance”with practical application scenarios. The platform’s mother currencyDK will open global exchange on March 10, with…
03/06/2021 -
Bitcoin Traders Brace for Record $6B in Options to Expire Friday
They call it “max pain” in the bitcoin options market: How to make one’s trading counterparty suffer the most. Although the largest cryptocurrency was changing hands Wednesday around $56,500, traders were handicapping the odds of a plunge to about $44,000 by Friday, when a record $6 billion of options contracts is set to expire. A drop to that price level would inflict “max pain” on buyers of options contracts, and it might be the most profitable price point for options sellers. It’s a remote risk, but not one to be discounted. The…
03/24/2021 -
Oracle —— Helps blockchain interact with reality
The Blockchain world, the one trapped in the mid-air The biggest core innovation of blockchain is to solve the trust problem in a decentralized way, without the need to trust and rely on third-party institutions for value transfer. Among them, smart contracts play an important role. It is a set of contracts defined in digital form to help contract participants execute the agreement to complete tasks, saving time and tedious steps. However, it is precisely because of the consensus mechanism of the blockchain that the internal blockchain is a…
06/21/2021