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Crypto Morning Briefing: White House Wants Crypto Miners To Pay 30% Climate Change Tax

Blur NFT Lending Surpasses $16M in Loans, Led by Matchi Big Brother; Gemini Launches Derivative Platform in 30 Countries; Coinbase Will Never Delist ETH as XRP, Top Lawyer States Why
Crypto Morning Briefing: White House Wants Crypto Miners To Pay 30% Climate Change Tax

Coinbase Will Never Delist ETH as XRP, Top Lawyer States Why

Bill Morgan, a former SEC and securities attorney, believes Coinbase can never treat Ether (ETH) and/or Bitcoin (BTC) the same way it dealt with XRP when the U.S. SEC sued Ripple, claiming that the sixth-largest cryptocurrency by market capitalization is a security.

Ripple Escrow Unlocked; XRP Price To Take A Hit?

Ripple Labs and its native crypto, XRP holders are eagerly waiting for a Summary Judgement in the lawsuit launched by the U.S. Securities and Exchange Commission (SEC). However, as the judgment day closes in, Ripple has released more XRP into the market circulation.

YouTube Helps Recover Hacked Channel That Attempted XRP Crypto Scams

Prominent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP (XRP) cryptocurrency scams. D

Former SEC Lawyer Admits To Agency’s Wrongdoing In XRP Lawsuit

John Reed Stark, who had worked as a lawyer in the SEC’s enforcement division for a long time, admitted that the SEC’s actions in the XRP lawsuit led to investors losing in billions of dollars. He expressed his stance on crypto saying these tokens fail to fit in the criteria for both investment and currency, adding that fraudulent activities are deeply rooted in the ecosystem, However, he agreed that investors lost great deal due to the SEC’s actions in the Ripple lawsuit. When asked about the SEC’s actions leading to wiping billions off the market cap of XRP, he admitted that it’s a fair point.

Coinbase Decision to Delist XRP Weakens its Wells Notice Argument, Says Top Lawyer

Bill Morgan, an Australian-based pro-XRP lawyer, has joined other crypto community members to react to news of Coinbase’s response to last month’s Wells Notice from the United States Securities and Exchange Commission.