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Ripple Lawsuit Sees ‘Big Motion’ As Attorney Requests To Represent 67,000 XRP Holders: Crypto Legal Expert

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A crypto legal expert is highlighting a major development in the U.S. Securities and Exchange Commission’s (SEC) ongoing lawsuit with payments firm Ripple Labs over allegedly issuing XRP as an unregistered security. Attorney and XRP supporter John Deaton has filed a letter requesting to represent 67,000 XRP holders. The move is a direct response to
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Litecoin confidential transactions spook Korean exchanges

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The recent privacy-focused MimbleWimble upgrade on the Litecoin (LTC) blockchain has prompted two of Korea’s largest crypto exchanges to issue investment warnings about the fifth-largest cryptocurrency. Bithumb and Upbit, which together account for the majority of trading volume in South Korea, released statements on Monday, advising investors about the risks associated with the privacy-enhancing upgrade.
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BTC, BNB, XMR, ETC, MANA

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The Dow Jones Industrial Average has declined for eight consecutive weeks, the first such losing streak since 1923. On May 20, the S&P 500 briefly fell into bear market territory, indicating that traders continue to sell risky assets in fear of a recession.  Due to its tight correlation with US equities markets, Bitcoin (BTC) has
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XRP Ledger To See Carbon Credit NFTs With Ripple’s New $100,000,000 Investment Fund

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Ripple Labs is announcing a $100 million investment fund that will see carbon credit non-fungible tokens (NFTs) come to the XRP Ledger. According to a new press release, Ripple’s new initiative aims to expedite carbon removal activities and technologies as well as help streamline carbon-focused fintech and crypto projects. “The funding will continue to support
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Do Kwon faces legal troubles in Korea, China remains a top contributor to Bitcoin mining, and Ethereum eyes ‘huge testing milestone’ ahead of merge: Hodler’s Digest, May 15-21

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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Court documents reveal Do Kwon dissolved Terraform Labs Korea days
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