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The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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For Ripple Labs and the SEC, the courtroom was their boxing ring.
The blockchain firm has been duking it out with the Securities and Exchange Commission (SEC) in a legal battle that’s been watched with bated breath by the crypto community for years.
The SEC, the regulatory heavyweight that has been throwing punches at Ripple, claiming its XRP token was an unregistered security offering.
Now that Ripple has a partial victory, is it time to celebrate?
In short, the sale of Ripple’s XRP tokens on exchanges and through algorithms doesn’t count as an investment contract.
Cue the victory music and fireworks — but what exactly does this mean?
Its complicated.
First off, let’s set the stage. Ripple, the company behind XRP, has been in a legal tango with the SEC for three long years.
The big question: Is XRP an unregistered security offering or not?
Well, the court’s final call is a bit like a choose-your-own-adventure novel.
Judge Analisa Torres declared that Ripple’s institutional sales of $700m XRP indeed constituted an unregistered securities offering.
But also decided that Ripple’s sales of XRP on exchanges were in a different category — they weren’t offering and selling investment contracts.
In other words, Ripple landed a punch and dodged one too.
So a partial win.
Ripple’s XRP surged over 90% in response.
Hope you bought some before the results were announced.
Welcome to cryptoland.
The SEC and Ripple locked horns over a question that’s been bouncing around the industry: Are certain cryptocurrencies securities or not?
The court’s nuanced ruling doesn’t provide a one-size-fits-all answer, but it does shine a light on the evolving regulatory landscape.
And let’s not forget the fact that Ripple, a company with the resources and financial muscle to take on a landmark case against the U.S. government, isn’t representative of every player in the crypto world.
Not everyone has the luxury of waging a legal battle that lasts for years.
Ripple’s triumph means that more attention, discussions, and carefulness are likely to shape the future of cryptocurrencies.
And whatever that form is, it will directly influence the existence, adoption and nature of crypto.
So, does Ripple’s win equal a win for all of crypto?
It is going to controversial, twisty and complicated for the foreseeable future.
Hey, you win some, you lose some.
But the industry will keep moving forward and keep evolving.
-
Did you expect Ripple to win?
-
#RippleWin #CryptoVerdict #SECvsRipple #xrp #win #legalbattles #sec #crypto #btc #eth #lawsuit #cryptoland
For Ripple Labs and the SEC, the courtroom was their boxing ring.
The blockchain firm has been duking it out with the Securities and Exchange Commission (SEC) in a legal battle that’s been watched with bated breath by the crypto community for years.
The SEC, the regulatory heavyweight that has been throwing punches at Ripple, claiming its XRP token was an unregistered security offering.
Now that Ripple has a partial victory, is it time to celebrate?
In short, the sale of Ripple’s XRP tokens on exchanges and through algorithms doesn’t count as an investment contract.
Cue the victory music and fireworks — but what exactly does this mean?
Its complicated.
First off, let’s set the stage. Ripple, the company behind XRP, has been in a legal tango with the SEC for three long years.
The big question: Is XRP an unregistered security offering or not?
Well, the court’s final call is a bit like a choose-your-own-adventure novel.
Judge Analisa Torres declared that Ripple’s institutional sales of $700m XRP indeed constituted an unregistered securities offering.
But also decided that Ripple’s sales of XRP on exchanges were in a different category — they weren’t offering and selling investment contracts.
In other words, Ripple landed a punch and dodged one too.
So a partial win.
Ripple’s XRP surged over 90% in response.
Hope you bought some before the results were announced.
Welcome to cryptoland.
The SEC and Ripple locked horns over a question that’s been bouncing around the industry: Are certain cryptocurrencies securities or not?
The court’s nuanced ruling doesn’t provide a one-size-fits-all answer, but it does shine a light on the evolving regulatory landscape.
And let’s not forget the fact that Ripple, a company with the resources and financial muscle to take on a landmark case against the U.S. government, isn’t representative of every player in the crypto world.
Not everyone has the luxury of waging a legal battle that lasts for years.
Ripple’s triumph means that more attention, discussions, and carefulness are likely to shape the future of cryptocurrencies.
And whatever that form is, it will directly influence the existence, adoption and nature of crypto.
So, does Ripple’s win equal a win for all of crypto?
It is going to controversial, twisty and complicated for the foreseeable future.
Hey, you win some, you lose some.
But the industry will keep moving forward and keep evolving.
-
Did you expect Ripple to win?
-
#RippleWin #CryptoVerdict #SECvsRipple #xrp #win #legalbattles #sec #crypto #btc #eth #lawsuit #cryptoland
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