One of the biggest decentralized exchange (DEX) platforms says it is “fighting for DeFi” after receiving a Wells Notice from the U.S. Securities and Exchange Commission (SEC). In a new blog post, Uniswap (UNI) says it has recently received a Wells Notice from the SEC, meaning that the regulator is planning on taking enforcement actions […]
The post ‘Fighting for DeFi’: Top Decentralized Exchange Uniswap After Receiving Wells Notice From SEC appeared first on The Daily Hodl.
Payments platform Ripple is announcing its plans to create a new US dollar-pegged stablecoin on Ethereum (ETH) and the XRP Ledger. In a new press release, Ripple Labs says that its stablecoin, which has yet to be named, will be pegged 1:1 to the US dollar and will be 100% backed up by cash, short-term […]
The post Ripple Announces Plans To Launch a US Dollar-Pegged Stablecoin on XRP Ledger and Ethereum appeared first on The Daily Hodl.
In the last week, XRP experienced a 19.9% increase in its value against the U.S. dollar, reaching a peak of $0.744 per coin on March 11, 2024. Its price has since retreated a hair, now trading at $0.685 per XRP. Although the digital currency’s market results haven’t captured as much attention as bitcoin and ethereum, […]
The chief executive of payments platform Ripple says that it would “make sense” if exchange-traded funds (ETF) centered around XRP and other digital assets were created. In a new interview with Bloomberg, Ripple Labs CEO Brad Garlinghouse predicts that a new wave of crypto investment products will appear in the future. “I think it makes […]
The post Ripple CEO Brad Garlinghouse Says XRP ETF ‘Makes Sense,’ Predicts Inevitable Wave of New Crypto Investment Products appeared first on The Daily Hodl.
According to a recent report, a super political action committee (PAC) focused on the cryptocurrency industry has secured $4.9 million in contributions from Cameron Winklevoss and Tyler Winklevoss. Additionally, the super PAC named Fairshake amassed $6.3 million in funds last month, as per records from the federal elections. Crypto Leaders Amplify Blockchain PAC’s Influence With […]
John Deaton, a U.S. lawyer known for his pro-crypto stance, is reportedly considering a run against Massachusetts Senator Elizabeth Warren. The Republicans are eager to nominate a formidable candidate against Warren. This strategy could compel her to concentrate on her political survival, potentially diverting her focus from supporting other Democrats. Pro-Crypto U.S. Lawyer to Decide […]
Payments company Ripple Labs is acquiring US-based digital asset custodian Standard Custody & Trust Company, a move that will expand its services in the crypto industry. In a new announcement, Ripple says the acquisition, which is subject to regulatory approval, will allow the firm “to strengthen its existing product offerings, as well as explore new, […]
The post Ripple Acquires US-Based Digital Asset Platform Standard Custody & Trust Company to Strengthen Product Offerings appeared first on The Daily Hodl.
Ripple Labs chief executive Brad Garlinghouse is predicting that regulatory clarity will come to stablecoins in 2024. In a new interview with CNBC International, Garlinghouse says that the US government will create clear guidelines for the stablecoin industry this year as he believes dollar-pegged crypto assets have important utility. “I think this year there will […]
The post Brad Garlinghouse Predicts Regulatory Clarity for Stablecoins in 2024, Says Dollar-Pegged Crypto Solves Real Need appeared first on The Daily Hodl.
A prominent crypto lawyer who helped Ripple Labs and XRP in the case against the U.S. Securities and Exchange Commission (SEC) is volunteering to represent US retail token holders during an upcoming Congressional hearing. Responding to an announcement made by the Financial Services GOP about the upcoming Capital Markets and Digital Assets, Financial Technology and […]
The post XRP Lawyer Volunteers To Represent Retail Token Holders in Upcoming US Congress Hearing appeared first on The Daily Hodl.
Ripple President Monica Long thinks 2024 will be a “breakout moment” for the crypto space, particularly the decentralized finance (DeFi) sector. Long says crypto is primed to break the “speculative hype cycles” that the industry has been chained to since the origin of Bitcoin (BTC). “We as an industry will break the cycle by paving […]
The post Ripple President Reveals 2024 Predictions, Says ‘Breakout Moment’ May Be Around the Corner appeared first on The Daily Hodl.
