Grayscale Investments’ Ethereum Trust Filed With the SEC to Obtain Reporting Status

Grayscale Investments' Ethereum Trust Filed With the SEC to Obtain Reporting StatusThe digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The recent filing is voluntary and if the SEC approves the registration, the Ethereum Trust will be the second crypto asset […]

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Ripple Says Over-The-Counter XRP Sales Soared 1,700% to $33 Million in Q2

Ripple Says Over-The-Counter XRP Sales Soared 1,700% to $33 Million in Q2Ripple has reported that over-the-counter sales of its XRP digital currency soared 1,760% to $32.55 million during the second quarter of this year. That figure compares with sales of $1.75 million posted the previous quarter, according to an earnings release published August 3. Ripple said programmatic sales – third party trading which was stopped late […]

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US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2

US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. According to a report, the discontented investors wanted the court to determine whether the “native token […]

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