Elliptic, a data analytics firm that specializes in spotting illicit activities on the blockchain, released a report that identified $400m worth of XRP that the firm tied to illicit activities, ranging from thefts to scams and the sale of stolen credit cards. The illicit activity only represents 0.2% of the total XRP ledger activity. These
If I were an cryptocurrency investor who was trying to determine major driving factors towards crypto adoption by scanning recent articles from digital-asset publications, I might conclude that all forms of conflict, either internal or external, are driving factors towards positive price movements. War, genocide, social collapse, it would seem, are all good for Bitcoin.
Ripple has positioned itself to be an intermediary between the various international firms that exist in their own fiefdoms and it has developed a purpose that will allow it to coexist with the sword of Damocles that hovers over the cryptocurrency space – those central bank issued digital assets that threaten to throw the lesser
There’s an unmentionable barrier to mainstream XRP adoption that I see infrequently discussed in cryptocurrency circles. It is the complexity of storing these tokens securely in a self-custodial manner. The frequently repeated jingle “not your keys, not your crypto” is so often hurled in the direction of someone who has lost funds when a popular
In the past few weeks, Ripple has put considerable effort into bolstering its global regulatory team with the explicit intent to help educate policymakers on the crypto space as a whole. Ripple recently expanded its global regulatory team with the establishment of the first dedicated GR office in Washington D.C. by any major blockchain company.
On Oct.25, 2019, Chinese President Xi Jinping released a statement that outlined a positive attitude towards blockchain adoption and development. Some analysts credited this statement with the recent spike in the price of BTC. Others believe there was a different primary cause. Positive sentiment from China wouldn’t hurt the price, but whether it is the
In the opening salvos of the Second World War, Allied powers implemented a naval blockade of Nazi Germany to choke off the flow of raw materials crucial to the Nazi war effort. German U-Boats attacked allied merchant ships and cargo haulers, most famously sinking the civilian liner the SS Athenia hours after a formal declaration
It is always interesting to me when something idealistic mutates and becomes the very problem it strove to fix – like in 1953, when the Soviet Union, the world’s foremost communist state, put down a worker’s revolt in East Germany and did so again in Hungary in 1956. Workers of the world unite, the Marxists
*On Oct. 16, 2019, the developers of Gods Unchained published a blog that outlines upcoming improvements to their card minting process. The information contained below about network transaction costs will no longer be accurate once those changes are implemented.* Gods Unchained is a collectible card game (CCG) that gives players the option to store their
Charlie Lee, the founder of a cryptocurrency created out of thin air, accuses Ripple of creating XRP out of thin air to generate profit. This message will percolate through the disparate camps supporting one coin or the other until their proponents, who are more than capable of pointing out to the average layperson that the
