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
-
If you don’t want to miss out on Chia, then get on board with XC2 -and work to build consensus and value for Chia’s eco-development
2021was the year of the blockchain, with many coins surpassing theirall-time highs. In addition to the global economy and the impact ofthe epidemic, the bull market was fuelled thanks to the hot conceptsof Defi, NFT and Filecoin. Meanwhile Chia came out of nowhere andtook the blockchain scene by storm. Chiais a global open source decentralised network based on proof of timeand space, dedicated to creating a greener, more decentralised andsecure cryptocurrency. In Chia’s network there are no miners, nomining, but farms, farmers, seeding. By introducing a new consensusmechanism, Pos+Pot,…
-
Come to Coinbetter to share 10,000 ZTB airdrop benefits
In order to give back to the new and old users of the platform, Coinbetter has started the registration transaction sending activity from 00:00 on March 22nd, 2022 to 00:00 on March 25th, 2022. As can be seen from the Coinbetter announcement, there are two forms of airdrops for 10,000 ZTB benefits. It is understood that the airdrop token ZTB is the only dedicated crypto token of the ZSC smart chain, with a limited total of 210 million pieces and will never have additional coins issued. According to…
-
BTDA has drawn a new generation of storage blueprints
With the rapid development of mobile Internet, 5G, Internet of Things, artificial intelligence and other technologies, data has exploded, and countless data are continuously generated, collected and processed everywhere. Accordingly, the markets of cloud storage, cloud computing and distributed edge computing are growing rapidly. Market reports from IDC, GrandView, Garnter and other institutions have clearly described this trend. On April 20, 2020, the National Development and Reform Commission held a press conference. The new infrastructure mainly includes three aspects, namely, information infrastructure, converged infrastructure and innovative infrastructure. Among them, data…
-
Coinbetter launches global ambassador recruitment program
In order to better build a blockchain industry ecology integrating technology research and development, industrial research, open platform, investment, information, etc., Coinbetter launched a global ambassador recruitment plan in March 2022, which not only gave users super high rebates, but also there are other great benefits. According to Coinbetter’s official announcement, the recruitment of global ambassadors is open to more blockchain enthusiasts such as community owners, social media influencers, industry KOLs, professional institutions and tool aggregators to join hands with Coinbetter to build a trading ecosystem and expand Coinbetter Brand…
-
BSC will be launched in April, ERC, Heco, BSC, TRC four chains will be issued at the same time
The Coinbasis native token BasisCoin (abbreviation: BSC) is scheduled to be launched in April and will be launched on the four chains which are ERC, Heco, BSCand TRC. Coinbasis is an encryption platform jointly launched by the Australian bitcoin mining hardware giant Bitfury, FlashFX, AgriDigital and Othera, which is dedicated to the layout of the distributed storage ecosystem and the establishment and trading of distributed storage financial derivatives. It has been licensed the ASIC. BSC provides users with liquidity mining and lowers the entry threshold for blockchain mining. At the…
-
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…
-
How NFTs Became Art, and Everything Became an NFT
“Today, the physical mural doesn’t exist. But it still exists with NFTs, and with value,” Boyart tells me from Paris. “This is very satisfying.” See also: What Are NFTs and How Do They Work? Subscribe to State of Crypto, our weekly newsletter on policy impact. SUBSCRIBE By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. Boyart minted a non-fungible token (NFT) version of the mural, dividing it into 100 pieces and selling each one for 0.5 ETH. He would sell more NFTs. Many more….
-
Layer’s Lending Agreement System Offers Limitless Market Potential
The invention of the blockchain has brought new possibilities to the field of finance. Whether we’re talking about countless new applications of blockchain finance or the emergence of DeFi (Decentralized Finance), this new ecosystem based in the native virtual currency community has been overwhelmingly positive in its impacts. Moreover, it shows the new innovations that blockchain technology provides to the global economic system. The conventional financial system has created huge volumes of wealth, but due to its practices of centralized management, and opaque system management practices, a number of…
-
MASK DAO, the next phenomenal decentralized organization after ConstitutionDAO
The Mask Word decentralized social networking protocol will allow users to own and control their social graph, while avoiding fragmentation among current social network providers and creating an open ecosystem for web participants. The Mask Word team came up with a protocol that uses smart contracts to write and read social network data on a public blockchain. The protocol which defines how identity, social graphs, and messaging elements are represented to create decentralized social networks. The applicable aspects of ownership, privacy, authenticity, portability, usability, and scalability are handled for each elements….
-
NFT’s with True Ownership and Asset Backed Utility
Viviverse X ME Holdings join in an exclusive partnership to develop the worlds first real estate NFT collection in the metaverse. Each NFT gives the owner true ownership of an actual property that is developed by ME Holdings and rewards them with asset backed yields in terms of rental and capital gains generated. In addition owners simultaneously earn staking and utility rewards in Viviverse. The first batch will be minted on Aug 31st and made available throughout the Summer of 22. List pricing and whitelisting procedures will be made known on…
