Ripple CEO Slams SEC Chair Gensler for Dictating Which Crypto Tokens Are Securities

Ripple CEO Brad Garlinghouse has slammed Securities and Exchange Commission (SEC) Chairman Gary Gensler for claiming that he has the authority to determine which crypto tokens are securities, rather than relying on the legislation that governs his agency’s power. “It’s time for elected officials in the U.S. to take notice,” the Ripple executive stressed. Ripple’s … Read more

Light Speed: Kraken, Another Giant Exchange Integrates The Lightning Network

This is huge! Kraken now supports Lightning Network deposits and withdrawals. The suddenly popular second Layer protocol keeps growing and gaining importance. “Finally, traders have an instant and inexpensive way to move bitcoin on and off the platform,” Kraken said in their official announcement. The Lightning Network is much more than that, though.  What will … Read more

Bitcoin’s Code Is Immutable And Can Withstand Attempts To Make It Proof Of Stake

The below is a direct excerpt of Marty’s Bent Issue #1186: “They’re trying to ‘change the code’ again.” Sign up for the newsletter here. Greenpeace and Ripple co-founder attacking Bitcoin’s PoW algorithm We meet here in this dark corner of the Internet a little less than two months away from the 5th year anniversary of the … Read more

Greenpeace, Ripple Lobby to Move Bitcoin Away From Proof-of-Work

Several climate activist groups including Greenpeace and billionaire Ripple co-founder Chris Larsen are launching a campaign to advocate for Bitcoin moving away from Proof-of-Work, a consensus mechanism they argue consumes an unsustainable amount of energy, Bloomberg reported Tuesday. The “Change the Code, Not the Climate” campaign will attempt to lobby institutions in the Bitcoin industry … Read more