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 Community reacts to SEC dropping XRP case and LBRY shutdown

Community reacts to SEC dropping XRP case and LBRY shutdown


Published: 2023-10-20


1. SEC Drops XRP Case The main topic of this article is the Securities and Exchange Commission (SEC) dropping its case against Ripple and its digital currency,XRP. The SEC had accused Ripple of conducting an unregistered securities offering when it sold XRP to investors. However,the SEC has now decided to drop the case,which has significant implications for the future regulation of cryptocurrencies. This decision by the SEC could potentially open the doors for other companies facing similar allegations.

2. LBRY Shuts Down Another major topic discussed in the article is the shutdown of LBRY,a decentralized content platform. LBRY has been ordered to shut down by a court as a result of a lawsuit filed by the SEC. The lawsuit claimed that LBRY's digital tokens,known as LBRY Credits (LBC),were unregistered securities. This development raises questions about the regulatory environment for decentralized platforms and the potential impact on other projects utilizing blockchain technology.

3. Ripple's Legal Battle Continues While the SEC dropped its case against Ripple,the article highlights that Ripple is still facing legal challenges. Ripple is now involved in a separate lawsuit with one of its shareholders who alleges that Ripple sold XRP as an unregistered security. This ongoing legal battle could have significant implications for Ripple and the broader cryptocurrency industry. In summary,the main topics discussed in the article are the SEC dropping its case against Ripple and XRP,the shutdown of LBRY due to an SEC lawsuit,and the continuation of legal battles for Ripple. These events highlight the complexities and challenges faced by the cryptocurrency industry when it comes to regulatory compliance.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 66,480.00 1,787,942,242.04
2 ARS title=ARS 1,094.40 1,340,087,099.10
3 ETH title=ETH 3,078.30 1,114,566,940.50
4 SOL title=SOL 167.57 687,930,414.30
5 PEPE title=PEPE <0.01 296,325,548.25
6 LINK title=LINK 16.01 222,838,237.67
7 DOGE title=DOGE 0.15 168,851,559.45
8 XRP title=XRP 0.52 154,301,129.53
9 WIF title=WIF 2.81 153,488,442.23
10 NEAR title=NEAR 7.97 143,035,030.79
11 BOME title=BOME 0.01 142,165,569.12
12 RUNE title=RUNE 6.72 140,178,842.94
13 PEOPLE title=PEOPLE 0.05 135,038,924.64
14 FTM title=FTM 0.80 113,491,738.19
15 FLOKI title=FLOKI <0.01 108,907,904.39
16 ENA title=ENA 0.71 100,717,585.88
17 AVAX title=AVAX 36.28 79,568,676.75
18 ORDI title=ORDI 40.75 78,904,661.40
19 RNDR title=RNDR 10.13 72,376,222.25
20 AR title=AR 46.39 65,108,198.61
21 WLD title=WLD 4.92 61,629,761.98
22 ADA title=ADA 0.48 54,712,553.29
23 JTO title=JTO 4.66 53,866,900.27
24 OP title=OP 2.57 52,839,908.14
25 SUI title=SUI 1.10 51,836,727.51
26 BONK title=BONK <0.01 46,318,946.48
27 ETHFI title=ETHFI 3.44 45,281,895.82
28 ICP title=ICP 12.83 43,940,539.57

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Cream title=CREAM 64.70 +41.67
2 0x Protocol title=ZRX 0.58 +17.22
3 Biconomy title=BICO 0.54 +15.94
4 Chainlink title=LINK 16.01 +15.01
5 Gnosis title=GNO 303.30 +12.92
6 Lido DAO title=LDO 1.79 +12.59
7 SSV Network title=SSV 39.69 +11.21
8 Pendle title=PENDLE 4.72 +11.05
9 Reserve Rights title=RSR <0.01 +10.58
10 Polymesh title=POLYX 0.43 +10.35
11 ORDI title=ORDI 40.75 +10.14
12 TrueFi title=TRU 0.12 +9.20
13 BOOK OF MEME title=BOME 0.01 +9.05
14 Optimism title=OP 2.57 +9.01
15 Raydium title=RAY 1.82 +8.99
16 1000SATS (Ordinals) title=1000SATS <0.01 +8.66
17 Enjin Coin title=ENJ 0.32 +8.40
18 Vulcan Forged title=PYR 4.64 +8.00
19 Stacks title=STX 2.12 +7.80
20 Dusk title=DUSK 0.33 +7.73
21 Omni Network title=OMNI 15.20 +7.73
22 Celestia title=TIA 9.54 +7.31
23 NEXO title=NEXO 1.35 +7.15
24 LTO Network title=LTO 0.19 +6.98
25 Loom Network (NEW) title=LOOM 0.09 +6.88
26 Internet Computer title=ICP 12.83 +6.77
27 Ellipsis X title=EPX <0.01 +6.75
28 API3 title=API3 2.54 +6.73
29 Stafi title=FIS 0.51 +6.65
30 Celo title=CELO 0.86 +6.56

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 High title=HIGH 4.67 -3.34
2 GMX title=GMX 29.95 -2.25
3 BEAMX title=BEAMX 0.02 -1.98
4 iExec RLC title=RLC 3.27 -1.15
5 UMA title=UMA 3.64 -0.93
6 Bittensor title=TAO 382.70 -0.60
7 dogwifhat title=WIF 2.81 -0.52
8 TRON title=TRX 0.12 -0.51
9 NEAR Protocol title=NEAR 7.97 -0.36
10 Rocket Pool title=RPL 19.46 -0.31
11 Syscoin title=SYS 0.19 -0.21
12 Viction title=VIC 0.42 -0.12
13 Numeraire title=NMR 27.05 -0.04

Bitcoin's Greed and Fear Index.

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74
Greed

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