Litecoin flips XRP to become 4th largest crypto
XRP has long been the world’s third largest cryptocurrency behind Bitcoin and Ethereum.
Highlights
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New York crypto fund was a $92M scam, says SEC
The SEC says crypto fund Virgil failed to redeem more than $3.5 million, and attempted to withdraw $1.7 million to pay Chinese loan sharks.
XRP collapses after Coinbase backs away
Major exchanges Binance and Kraken are noticeably still silent, but it looks it may just be a matter of time until they follow suit.
Hackers taunt Russian crypto exchange, demand Bitcoin
Livecoin says the hackers locked devs out of the network, leaving them unable to shut down to protect users from potential losses.
SEC lawsuit triggers worst XRP selloff on record
XRP fell 49% in the seven days ending December 28 -- from $0.556 to $0.283.
Bitcoin is now worth more than PayPal and Netflix
BTC’s price has almost quadrupled in 2020 -- from under $7,200 to more than $28,200 at its peak -- with most of those returns coming in the past three months.
Coinbase IPO would be a world first
SEC regulators still need to review Coinbase’s draft registration statement, but it’s thought the IPO could come as soon as early 2021.
SEC vs. Ripple Labs: Is XRP a security?
The SEC is about to sue Ripple Labs for failing to register its XRP cryptocurency as a security, no doubt filling critics with glee.
MicroStrategy now holds more than $1.6B in Bitcoin
MicroStrategy says it just bought 29,646 BTC for $21,925 per coin on average. Bitcoin is up 6% since then.
Data dump exposes Ledger users to fraud
Names, phone numbers, and physical mailing addresses of Ledger users were uploaded to RaidForums, which operates as a marketplace for stolen data.