Ripple CEO Says Legal Dispute With YouTube Over XRP Scams Now Resolved
Youtube is said to have settled a court case brought by Ripple that alleged the video platform failed to enforce its own policies and allowed fake accounts to impersonate the blockchain payments company and its CEO Brad Garlinghouse.
In a series of tweets Tuesday, Garlinghouse said the companies have now opted to “work together” with YouTube to “prevent, detect and take down these scams.”
In April, Ripple sued the video streaming giant for failing to effectively police against scams involving the cryptocurrency XRP (-1.91%), resulting in monetary damage to users and reputational harm to Ripple. The lawsuit focused on the “XRP Giveaway” frauds, which aim to trick victims into believing that if they send some amount of XRP they will receive a greater amount in return.
Recommended News
-
AI screening mechanism? Future? A dream? Maybe it can come together! A meta-universe may be facilitated? NFT Frenzy! Connecting reality! !
Source Origin Coin, a group of coins built by enthusiasts and tech junkies. What the future looks like, we can’t be sure, but now we can start exploring! The virtual world has been positioned in a way that is not recognised by most in the real world, including admittedly the leading virtual coin world, Bitcoin. Source hopes that it can dovetail the virtual world with the real world and change this through its own special mechanism and philosophy. To contribute to the promotion and popularity of the virtual world….
-
SIGNAL, the Blockchain for 5G Network
SIGNAL has designed a blockchain around a self-verifying network of gateways that provides message provenance, microtransactions, and open access to anyone. A technology that uses blockchains and tokens to incentivize user and businesses to run 5G version of its network. It is expected to meet the needs of high throughput and serve complex, decentralized, high-performance 5G inter-connectivity, creating environments that will enable the next era of technological innovation, products, and services — the Internet of Things (IoT), Smart Cities, Smart Manufacturing, Cloud VR/AR, and Healthcare. Besides that, SIGNAL…
-
Dubbed the Next Unicorn, zkTube Launches its Mainnet
zkTube is the most advanced scaling solution on Ethereum Layer 2. It has adopted ZK-Rollups that run computations off-chain and submit the validity proof to chain to provide low gas fees, higher transaction throughput for Ethereum, mainnet security, and extra privacy. It has gathered a lot of attention from over 80 countries since its launch in 2020. And the mainnet will be launched on 10th, September, 2021. zkTube Mining Mechanism is Launched zkTube team is continuously working and achieving several milestones. The zkTube mining mechanism has launched. zkTube is the only…
-
Oracle —— Helps blockchain interact with reality
The Blockchain world, the one trapped in the mid-air The biggest core innovation of blockchain is to solve the trust problem in a decentralized way, without the need to trust and rely on third-party institutions for value transfer. Among them, smart contracts play an important role. It is a set of contracts defined in digital form to help contract participants execute the agreement to complete tasks, saving time and tedious steps. However, it is precisely because of the consensus mechanism of the blockchain that the internal blockchain is a…
-
Tether on Tron Blockchain Hits $24B, Surpassing Ethereum Amid Explosive Stablecoin Demand
There’s now more of the dollar-linked stablecoin tether (USDT, +0.02%) on the Tron blockchain than on Ethereum, data from Coin Metrics shows, possibly a sign that crypto traders are favoring the network’s lower transaction fees. Source: Coin Metrics As of April 14, the total market capitalization of tether (USDT) on Tron was $24 billion, versus $23.4 billion on Ethereum. “As the popularity and adoption of cryptocurrency and blockchain continue to grow, we expect USDT to continue to explode in popularity” Justin Sun, founder of Tron and CEO of BitTorrent, said in a press release….
-
The Asset Reserve Protocol: XenophonDAO (XPH) will be the Next OHM on BSC
Stable coins are closely related to other encrypted digital currencies around the world. The governments of countries such as France are trying to introduce them into their financial markets. XenophonDAO hopes to create a new version of stablecoin controlled by its community members. The project aims to create a new way for users to interact with cryptocurrencies while limiting volatility and still having floating prices. 1. What is XenophonDAO (XPH)? XenophonDAO hopes to change the nature of stablecoins. Most stablecoins are linked to underlying assets (such as the U.S. dollar)…
-
Japan AVF HOLDS HANDS IN SONA TO BUILD NFT ecology
According to official sources, T-power, Japan’s largest AV copyright owner, has announced that it will soon begin creating and releasing NFT copies of SONA and enter into a deal with SONA coinage. Starpunk operating NFT Alliance (SONA) is a decentralized and autonomous organization (Dao) platform, audited by the Soken , and is the heavyweight blockchain authority that audits OpenSea. The no preorder, no private offering by the Geek Coalition of America is the NFT Super Cross chain token, backed by the Andreessen Horowitz Foundation. NETWORK1 aims to connect blockchain/NFT game…
-
The Node: Beeple Sold Out. So What?
Not long after Mike Winkelmann, aka Beeple, received his $53 million in ether (ETH, +3.76%) (ETH) for selling a non-fungible token (NFT) through Christie’s (after fees), he reportedly converted the cryptocurrency into fiat. What was seen as a vote of confidence for this new technological medium – it was the third-largest art sale ever, right behind Jeff Koons’ “Rabbit” and David Hockney’s “Portrait of an Artist (Pool With Two Figures)” – might now be seen as a betrayal. He quite literally sold out. Beeple told The New Yorker on Monday, “I’m not remotely a crypto-purist. I was…
-
Much Wow: Slim Jim Has a Dogecoin Strategy. News of It Sends DOGE to a New ATH
Smoked meat stick vendor Slim Jim has an actual official dogecoin (DOGE, +97.74%) strategy. And it appears to be working, big time. News of this tie-up, which CoinDesk broke earlier Thursday, sent the price of DOGE to a new record. The social media-savvy snack food saw its Twitter follower count increase 160% and tweet impressions soar to the moon (35 million impressions in 25 days) after it began engaging in Shiba Inu meme coin content last quarter, according to the CEO of parent company Conagra Brands. “We’ve seen a marked uptick in audience…
-
Former US Senator Joins Binance as Policy Adviser and Government Liaison
Cryptocurrency exchange Binance has hired former U.S. senator and ambassador to China Maxwell Baucus as a government relations adviser. The exchange announced Thursday in a press release it had hired the long-term government official to provide guidance and advice to the firm and work with U.S. regulators. The move could signal a shift in Binance’s approach to the U.S. market, which it currently doesn’t serve directly. Baucus was an ambassador to China under former President Barack Obama between 2014 and 2017. Prior to that, he served in the U.S. Senate and…
