Skip to contentAZC.Newsen EN BTC Coin BTC6.31%ETH Coin ETH5.88%USDT Coin USDT-0.01%BN
Skip to content
en EN
BTC Coin BTC
6.31%
ETH Coin ETH
5.88%
USDT Coin USDT
-0.01%
BNB Coin BNB
1.60%
SOL Coin SOL
4.35%
XRP Coin XRP
2.91%
USDC Coin USDC
-0.02%
DOGE Coin DOGE
6.04%
ADA Coin ADA
4.78%
AVAX Coin AVAX
4.06%
BTC Coin BTC
6.31%
ETH Coin ETH
5.88%
USDT Coin USDT
-0.01%
BNB Coin BNB
1.60%
SOL Coin SOL
4.35%
XRP Coin XRP
2.91%
USDC Coin USDC
-0.02%
DOGE Coin DOGE
6.04%
ADA Coin ADA
4.78%
AVAX Coin AVAX
4.06%
Search...
Home > News
Published: 26/03/2024
-
Author: Kane
SEC Seeks $2 Billion Fine from Ripple (XRP)
Although the lawsuit between the two parties is still ongoing, the U.S. Securities and Exchange Commission (SEC) is still demanding Ripple Labs to pay a fine of up to $2 billion.
Azcnews Breaking
The legal storm between Ripple and the Securities and Exchange Commission (SEC) is reaching its peak of tension. In a recent development, the SEC has proposed a staggering $2 billion fine against Ripple Labs ā a record penalty second only to the Binance case.
This information was disclosed by Rippleās General Counsel Stuart Alderoty himself. According to him, the massive fine proposal is currently under seal by the court but will be officially unveiled on March 26th.
This is the latest move by the SEC in the ongoing battle since 2020, where they accused Ripple of unlawfully selling securities in the form of XRP tokens. Despite a partially favorable ruling from the federal court, the SEC remains steadfast in pursuing the lawsuit.
Alderoty declared that Ripple will fight to the end, rebutting the SECās request for a hefty fine in April. The legal battle between the two parties has escalated to new heights, with the potential $2 billion fine looming as a decisive blow.
The SECās action is part of Chairman Gary Genslerās cryptocurrency crackdown campaign over the past two years. Rumors of Ethereum being the next target are also circulating. The heat of the fight against cryptocurrencies shows no signs of cooling down.
Related: Ethereum and XRP Maintain Positions Amid Market Volatility
Rippleās (XRP) price volatility
The cryptocurrency market seems unfazed by this news and remains optimistic, with XRP prices recovering gently, unaffected by the news of the SECās massive fine. Will the tension continue to escalate.
Chart Xrp Ripple
Chart Xrp
Read More
#SEC
#XRP
5.0/5
(1 vote)
Avatar of Victor
Victor
26/03/2024 at 6:44 am
Authentic
Like Reply Share
Leave a Reply
Your email address will not be published. Required fields are marked *
Comment *
Twitter
Telegram
Name
Save my name, email, and website in this browser for the next time I comment.
LATEST
Azcnews Breaking
Airdrops | Altcoin | News 26/03/2024
Guide to Participating in Merlinchain Airdrop and Merlinswap IDO
Merlinchain, the Layer-2 project within the Bitcoin ecosystem, has launched an airdrop program for users upon completing tasks. Additionally, they are organizing an IDO event for Merlinswap. Read more details here!
Azcnews Breaking
News | Editor Choice | Policy & Regulations 26/03/2024
Users Want Vitalik Buterin to Return to Twitter (X)
In a post responding to a call for Vitalik to return to using X (formerly Twitter), this post immediately received a response from Elon Musk.
Azcnews
News | Altcoin | Editor Choice 26/03/2024
Ethereum and XRP Maintain Positions Amid Market Volatility
An analysis indicates a potential surge in altcoin prices. Market indicators continue to decline for XRP and Ethereum.
Azcnews Breaking
News | Editor Choice | Policy & Regulations 26/03/2024
Escalation of Tensions Between Nigeria and Binance
The Nigerian tax authority has charged Binance with four tax-related offenses. Tensions heightened further when one of the two Binance employees was detained by the Nigerian government.
Azcnews (3)
News | Bitcoin | Editor Choice 26/03/2024
Bitcoin Surges Back to $70,000 Amid Ongoing GBTC Sell-Off
Bitcoin has surged back above $70,000, marking a significant recovery. Last week, investors withdrew $942 million from cryptocurrencies, with Bitcoin ETFs witnessing the largest outflows.
Top views
1
Ether.fi (ETHFI) Announces Token Airdrop
2
Short-Term Bitcoin Investors Have Reaped Profits
3
Guide to Participating in Eclipse Testnet
4
Binance Announces Listing of Book of Meme (BOME)
5
Bitcoin ETF Registers Weekly Inflow of $2.5 Billion
6
Receive Airdrop on Binance Web3 Wallet
7
Elon Musk Continues to Promote Dogecoin
8
Ethereum Dips Below $4000 But Signals Remain Positive
9
Join the Ton Airdrop on OKX Exchange
10
JMP Securities Forecasts Bitcoin Could Reach $280,000 USD
About AZC.News
Skip to content
AZC.News
en EN
BTC Coin BTC
6.31%
ETH Coin ETH
5.88%
USDT Coin USDT
-0.01%
BNB Coin BNB
1.60%
SOL Coin SOL
4.35%
XRP Coin XRP
2.91%
USDC Coin USDC
-0.02%
DOGE Coin DOGE
6.04%
ADA Coin ADA
4.78%
AVAX Coin AVAX
4.06%
BTC Coin BTC
6.31%
ETH Coin ETH
5.88%
USDT Coin USDT
-0.01%
BNB Coin BNB
1.60%
SOL Coin SOL
4.35%
XRP Coin XRP
2.91%
USDC Coin USDC
-0.02%
DOGE Coin DOGE
6.04%
ADA Coin ADA
4.78%
AVAX Coin AVAX
4.06%
Search...
Home > News
Published: 26/03/2024
-
Users Want Vitalik Buterin to Return to Twitter (X)
In a post responding to a call for Vitalik to return to using X (formerly Twitter), this post immediately received a response from Elon Musk.
Azcnews Breaking
The debate over the ideal social media platform for the cryptocurrency community has sparked when the āAutism Capitalā account called for Ethereumās ābirth giverā Vitalik Buterin to return to Twitter.
Vitalik needs to get back on X. Farcaster isnāt going to win the culture war. If he wants Ethereum to shine he should engage more on this platform, not sequester himself with his chosen peers on an island. He will have far more impact if he engages the bigger community here.
ā Autism Capital š§© (@AutismCapital) March 25, 2024
This post immediately drew a response from Elon Musk ā the new owner of Twitter. He intervened with a curious question: āWhy did he leave Twitter?ā
Why did he leave?
ā Elon Musk (@elonmusk) March 25, 2024
This story reverses back to September last year, when Vitalik lost control of his Twitter account due to a notorious SIM Swap incident. The Ethereum founder publicly criticized Twitter for this serious security issue and decided to switch to using the Farcaster platform ā a new emerging SocialFi project based on blockchain technology and Ethereum wallet.
Farcaster Vitalik
Farcaster
Since then, Buterin has been actively promoting Farcaster, believing it to be the future of decentralized and secure social media. His statement has attracted many enthusiasts in the cryptocurrency community, making the emerging platform a hot topic.
Related: Vitalik Proposes Open-Source Fix for Elon Muskās Dilemma
Vitalikās activity on Twitter (X)
Vitalikās activity on Twitter (X) has also become increasingly sparse, lately focusing mainly on posting blog articles such as promoting layer-2 rollup solutions or applying AI to the audit process, etc. Not long ago, he still participated in responses on Twitter (X) when asked about Ethereum.
https://t.co/uq7QOnVafR
This is a good example imo.
ā vitalik.eth (@VitalikButerin) March 25, 2024
However, the harsh reality is that despite having nearly 180 thousand followers on Farcaster, this number is still only about 1/30 of Vitalikās massive fan base on Twitter ā where he has up to 5.2 million followers. Therefore, the call from āAutism Capitalā is not entirely unreasonable ā Buterinās influence would be much greater if he returned to Twitter.
On the other hand, the SIM Swap issue causing account hack incidents has not been thoroughly resolved on Twitter. Many large accounts continue to face similar problems, from Vitalik Buterin, MicroStrategy, DWF Labs, CoinGecko, CEO of Algorand Foundation to Trezor, and even the SEC itself cannot escape this dangerous vortex.
Will Vitalik return to Twitter to leverage his massive fan base, or will he steadfastly support Farcaster as the new paradigm of decentralized social media?
Read More
#Elon Musk
#Vitalik Buterin
5.0/5
(2 votes)
Avatar of Victor
Victor
26/03/2024 at 4:30 am
I hope he joins Twitter
Like Reply Share
Leave a Reply
Your email address will not be published. Required fields are marked *
Comment *
Twitter
Telegram
Name
Save my name, email, and website in this browser for the next time I comment.
LATEST
Azcnews Breaking
News | Altcoin | Editor Choice 26/03/2024
SEC Seeks $2 Billion Fine from Ripple (XRP)
Although the lawsuit between the two parties is still ongoing, the U.S. Securities and Exchange Commission (SEC) is still demanding Ripple Labs to pay a fine of up to $2 billion.
Azcnews Breaking
Airdrops | Altcoin | News 26/03/2024
Guide to Participating in Merlinchain Airdrop and Merlinswap IDO
Merlinchain, the Layer-2 project within the Bitcoin ecosystem, has launched an airdrop program for users upon completing tasks. Additionally, they are organizing an IDO event for Merlinswap. Read more details here!
Azcnews
News | Altcoin | Editor Choice 26/03/2024
Ethereum and XRP Maintain Positions Amid Market Volatility
An analysis indicates a potential surge in altcoin prices. Market indicators continue to decline for XRP and Ethereum.
Azcnews Breaking
News | Editor Choice | Policy & Regulations 26/03/2024
Escalation of Tensions Between Nigeria and Binance
The Nigerian tax authority has charged Binance with four tax-related offenses. Tensions heightened further when one of the two Binance employees was detained by the Nigerian government.
Azcnews (3)
News | Bitcoin | Editor Choice 26/03/2024
Bitcoin Surges Back to $70,000 Amid Ongoing GBTC Sell-Off
Bitcoin has surged back above $70,000, marking a significant recovery. Last week, investors withdrew $942 million from cryptocurrencies, with Bitcoin ETFs witnessing the largest outflows.
Top views
1
Ether.fi (ETHFI) Announces Token Airdrop
2
Short-Term Bitcoin Investors Have Reaped Profits
3
Guide to Participating in Eclipse Testnet
4
Binance Announces Listing of Book of Meme (BOME)
5
Bitcoin ETF Registers Weekly Inflow of $2.5 Billion
6
Receive Airdrop on Binance Web3 Wallet
7
Elon Musk Continues to Promote Dogecoin
8
Ethereum Dips Below $4000 But Signals Remain Positive
9
Join the Ton Airdrop on OKX Exchange
10
JMP Securities Forecasts Bitcoin Could Reach $280,000 USD
About AZC.News
About Us
Contact Us
Privacy Policy
Terms of Services
Market
Analytics
Top Crypto Exchange
Top Cryptocurrency
Knowledge
Research
Glossary
Earn
Airdrop
Social Community
Copyright 2024 Ā© AZ Coiner
About Us
Contact Us
Privacy Policy
Terms of Services
Market
Analytics
Top Crypto Exchange
Top Cryptocurrency
Knowledge
Research
Glossary
Earn
Airdrop
Social Community
