lawsuit

Quentin Tarantino Sued for an Upcoming Auction of Pulp Fiction NFTs

Quentin Tarantino, the acclaimed film director, is being sued by Miramax, a Hollywood film producer and distributing company, due to the auction of a series of NFTs related to “Pulp Fiction,” one of the director’s most popular films. The conflict lies in the interpretation that Miramax makes from the initial contract between the parts, arguing that the sale of NFTs does not constitute a publication of any part of the script. Miramax Sues Quentin Tarantino Miramax, the Hollywood movie company, sued Quentin Tarantino, the acclaimed film director, for the upcoming

RippleX exec says ODL is ‘killer value proposition to Ripple Net’

Despite the ongoing SEC vs Ripple Labs lawsuit and the market experiencing a dip, Ripple has been making waves in crypto news. During an episode of the Thinking Crypto podcast, RippleX General Manager Monica Long spoke to host Tony Edward about Ripple’s recent performance, multi-chain development, and the XRP Ledger technology. Water, water everywhere Calling ODL the “killer value proposition to Ripple Net,” Long explained, “So you know, ODL’s been in market for a few years now and Q3 was definitely, you know, the most outstanding…And the volume through ODL

SEC Files Action Against Terraform Labs CEO Do Kwon Regarding Mirror Protocol

The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to address. The investigative subpoenas seek Kwon’s testimony and the production of documents from Terraform Labs SEC Acts Against Terraform Labs and Do Kwon The United States Securities and Exchange Commission (SEC) has taken the next step in its battle against

Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and the agency has lost sight of its mission to protect investors. Ripple’s CEO Claims SEC Uses Meetings With Crypto Companies as Lead Generation for Enforcement Actions Amid the SEC’s lawsuit over XRP, Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of clarity in

Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and the agency has lost sight of its mission to protect investors. Ripple’s CEO Claims SEC Uses Meetings With Crypto Companies as Lead Generation for Enforcement Actions Amid the SEC’s lawsuit over XRP, Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of clarity in

Ripple Partners With Bhutan To Pilot CBDC Project

Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product. Related Reading | Ripple and XRP: The Complete Guide The leading provider of enterprise blockchain and crypto solutions for cross-border payments announced this partnership on Wednesday. There was also a Twitter announcement to this effect. “Today, we are proud to announce our partnership with Bhutan’s central bank, the Royal Monetary

Weekly Blockchain News Roundup

We are back again, bringing you the most talked-about cryptocurrency news of this past week. We want to help you find current and relevant news, so you always know what’s happening in the cryptocurrency and blockchain markets. Staying up to date on news does not only help you stay knowledgeable, but it may even help you make your next trade more wisely. In this weekly news roundup, we hope to inform you about your favorite exchanges, where countries lie in crypto adoption, and what blockchain updates to expect. Let us

Japan’s Rakuten Wallet to resume XRP margin trading next week

While Ripple Labs and XRP continue to face scrutiny in the U.S, other countries and agencies might soon look at the latter more favorably. Rakuten Wallet, operated by one of Japan’s leading e-commerce portals, has just announced the resumption of XRP trading on its platform. Rakuten’s crypto-arm had discontinued services related to XRP in December last year following concerns arising from the SEC’s lawsuit in the U.S. At the time, the company had claimed that they were unsure if XRP’s liquidity could be secured. The entity had also raised concerns

El Salvador’s First Official Bitcoin Commercial for Chivo Wallet Airs

The first advertisement for the bitcoin wallet of El Salvador, Chivo Wallet, has been released. The ad is effectively the first government ad of this sort.Sponsored Sponsored Released on August 31, the ad is a quick explainer of bitcoin, the Chivo wallet, and the cryptocurrency’s benefits. The wallet is set to be available from September 7. https://s32659.pcdn.co/wp-content/uploads/2021/09/Chivo.mp4Chivo Wallet ad: El Salvador President Nayib Bukele’s Twitter handle El Salvador’s President Nayib Bukele announced the wallet’s release date last week, confirming that the use of bitcoin would not be mandatory. This appeased

XRP price chart ‘double bottom’ puts next bullish target at $1

Ripple's XRP token could hit $1 in the coming days, according to a classic technical chart setup.Dubbed a "double bottom," the trend reversal indicator appears after the price bottoms out at a level, rebounds toward a higher resistance level, and then pulls back to or near the first bottom level — only to rebound again to the previous resistance line (also called the "neckline").Should the price close above the neckline, an extended move upward is anticipated, the length of which equals the total height between the neckline and the bottom level. It