If there’s one thing the SEC’s enforcement actions have made clear, it’s that no one seems to agree on how to handle American securities laws as they apply to cryptocurrencies like XRP. Credentialed legal scholars and prominent lawyers, some of whom formerly represented the SEC, vehemently disagree on how how to treat the much-maligned cryptocurrency.
XRPL Labs, the developers of the popular Xumm wallet, announced integration with the digital ID system called GlobaliD. GlobaliD is a digital identity provider that has already partnered with exchanges like Uphold and services like the National Student Clearinghouse. According to their website, the National Student Clearinghouse provides education verification and transcript ordering services. They
Sologenic recently released its DEX (decentralized exchange), which is a front end to the XRPL’s native DEX. Sologenic is affiliated with Coinfield, one of the few exchanges that allow Canadians to deposit and withdraw funds using Interac e-Transfers. Most Canadian banks will not allow customers to send money to exchanges using debit or credit cards.
Non-Fungible Tokens (NFTs) have some exciting applications in the gaming world. The boon to an NFT based item or cosmetic is that it can exist far longer than the lifecycle of a typical game. Even after the servers are dead and the player has moved onto to something new, a rare NFT has the potential
Tons of people on my Twitter feed have been mentioning Gala Games. Some have been running nodes, and others discussing non-fungible tokens (NFTs) and blockchain-based property ownership in Gala’s upcoming MMO, Mirandus. I’m most interested in the latter because it’s something I’ve written about before. Bitcoin and other cryptocurrencies are fungible, essentially meaning one Bitcoin
Forte recently published a blog post detailing partnerships with four new developers: Gallium Studios, Penrose, Monster Ideas, and GC Turbo. For those who don’t remember, Forte is the blockchain developer that partnered with Ripple’s formerly named Xpring project to the tune of $100 Million to drive adoption of its blockchain-powered gaming marketplace. Since then, Forte
There’s a wonderful feature of cover art in a recent Coindesk article from a work of political philosophy by Thomas Hobbes, where the body of a king is composed of a mass of teeming bodies that gaze upwards at the face of their ruler. In his left hand is a sword and in his right
Seated on a tenuous perch atop the Flare network’s governance process is the Flare Foundation. The foundation is a non-profit organization responsible for the development and improvement of the network. It is constrained by five guiding principles: 1. No voting 2. No collateral 3. No oracle participation 4. The right to dissolve 5. Reporting The
In a recent article featured in The Hill, Chris Larsen, co-founder and executive chairman of Ripple, suggested that the lack of clear regulatory clarity on cryptocurrencies and digital assets has put the United States in the position where it may lose its place as the global reserve currency once China tokenizes the Yuan. At the
During a talk on the BlockWorks Group YouTube channel, one of the more interesting topics of conversation between David Schwartz and Charlie Shrem were attack scenarios on both the XRP Ledger and Bitcoin. As XRP community members, we are frequently exposed to many of the detractions and limitations of the Bitcoin mining process, but we
