The founder of Mt. Gox and Ripple Labs, Jed McCaleb, launched his new project Stellar that will encourage further digital money adoption.
A Puerto Rico-based company dubbed Bitcoin Manipulation Abatement LLC has filed this recent lawsuit accusing Ripple of misleading investors of financial gains making false claims and driving false demand. The plaintiff argues that XRP isn’t a currency.
In a controversial step, the Ripple co-founder sold an average of 1.8 million XRP tokens for each day of April 2020. Since McCaleb is the co-founder of Stellar, a direct competitor to Ripple, it has also created suspicion of his support to Ripple Labs.
The Stellar Foundation has partnered with Keybase to offer a $126 million in XLM airdrop scheduled to last for 20 months with the participants expecting to get monthly airdrops of 100 million XLM.
The community is worried about potential negative changes in XRP price after 100 million XRP was sent to Jeb McCaleb, one of the company’s co-founders, from Ripple Lab’s wallet address.
The Fortress Investment Group is offering $900 per Bitcoin token to the Mt Gox creditors to take over the claims of their BTC holdings.
Cryptocurrency exchange Coinbase has expanded its Earn program to 103 countries. Now users from the U.S., U.K., much of the EU, Canada, Singapore, Australia, and others, can sign up to earn crypto for learning about the tech.
IBM announced today that its global payment network, IBM Blockchain World Wire, has enabled payment locations in 72 countries, with 47 currencies and 44 banking endpoints and that it has signed letters of intent with six global banks.
Mozilla’s Denelle Dixon succeeds Jed McCaleb, Stellar’s co-founder as he moves to focus on the network protocol and adoption strategy. Denelle is expected to start her new job in May.
Prosecutors have demanded the Japanese court to charge Mt. Gox CEO Mark Kapelès a minimum 10-year jail term under charges of Bitcoin embezzlement and fraud.
Brock Pierce wants Mt. Gox creditors to receive 100 percent of whatever they’re owed. He’s also fought with former Mt Gox CEO and majority shareholder Mark Karpelès on Twitter about the feasibility of his plan and whether it’s even legal.