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Crypto Banter’s Ran Neuner says Ripple is ‘despicable,’ tips hat to ZachXBT: Hall of Flame

Ran Neuner is the CEO of Onchain Capital, founder of Crypto Banter, and a vocal crypto commentator on X. 

Crypto Banter’s Ran Neuner has a “problem with the structure of XRP and Ripple.”

While he appreciates Ripple sticking it to the SEC, he is hung up on the “moral and ethical” side of things with Ripple.

He thinks Ripple is giving a bad deal to those holding XRP.

“Here is a centralized company that was selling tokens to fund the operations of a CENTRALIZED company for the benefit of the shareholders and not necessarily for the benefit of the tokenholders. I have an issue with that — morally and ethically.”


Market Analysis

Crypto P2P scams in India show digital asset education is needed

Scammers have made it impossible for Indian crypto traders to conduct P2P trades owing to several police complaints and bank account freezes that follow.

Regulations

Germany proposes to screen Chinese investment in AI and related sectors: Report

The German government proposed tighter export controls on China for semiconductors and AI technology similar to measures from U.S. regulators.

Regulations

ZK-proof Web3 infrastructure developer gets backing from Binance Labs

Delphinus Lab is building a zero-knowledge proof rollup service aimed at powering Web3 application development.

Blockchain

ZK-proof Web3 infrastructure developer gets backing from Binance Labs

Delphinus Lab is building a zero-knowledge proof rollup service aimed at powering Web3 application development.

Ethereum

Bitcoin is in 'new bull cycle' — Metric that bottomed before 70% gains

Bitcoin Realized Cap HODL Waves signal that the current bull market launch is a classic repeat of BTC price history.

Bitcoin

SEC-Ripple lawsuit cost XRP 3 years of adoption: Lawyer

Crypto lawyer John Deaton cited several instances where major crypto players like Coinbase reached out to the SEC for regulatory clarification before listing XRP, but didn’t face any objection.

Regulations

SEC-Ripple lawsuit cost XRP 3 years of adoption: Lawyer

Crypto lawyer John Deaton cited several instances where major crypto players like Coinbase reached out to the SEC for regulatory clarification before listing XRP, but didn’t face any objection.

Blockchain

Terra money website frozen to prevent more phishing scams

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Layer 1 blockchain Terra has temporarily shut down its website in order to protect users from ongoing phishing scams on the platform.

“The terra(dot) money domains have successfully been frozen to prevent further user phishing scams, but a full resolution is still underway,” Terra officially announced on X (formerly Twitter) on Aug. 22.

Terra advised all users to avoid engaging with any sites under the aforementioned domain until the foundation posts an official “all-clear” notice from this account.

“Our team has been working around the clock to rectify this issue, but we've encountered delays with some third-party responses,” Terra added.

Altcoins

South Korean city to seize crypto from thousands of tax evaders: Report

City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government.

Regulations

South Korean city to seize crypto from thousands of tax evaders: Report

City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government.

Bitcoin

Mysterious Bitcoin wallet becomes 3rd largest BTC holder in 3 months

An unknown wallet has accrued more than $3 billion worth of Bitcoin in the last three months, sparking a wave of theories about the potential owner.

Bitcoin

Mysterious Bitcoin wallet becomes 3rd largest BTC holder in 3 months

An unknown wallet has accrued more than $3 billion worth of Bitcoin in the last three months, sparking a wave of theories about the potential owner.

Blockchain

Gold-backed BRICS currency will be 'very hard' to deliver: Lyn Alden

A BRICS common currency will be challenging to initiate and maintain, though efforts to dethrone the US dollar could have an impact on Bitcoin, says investment strategist Lyn Alden.

Bitcoin

Friend.tech denies report that database of over 100K users was ‘leaked’

Friend.tech has hit back at a report which suggested that its API “leaked” personal data of its users.

Blockchain

Thailand threatens Facebook over crypto scams and other fraudulent ads

Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams.

Regulations

Crypto miner Hive Digital CEO sees AI working in unison with blockchain

Despite the competition between the two sectors, Hive Digital Technologies CEO Aydin Kilic said that blockchain and AI can work to the benefit of each other.

Blockchain

Sam Bankman-Fried will get one day in court to meet with lawyers

According to a judge's order, SBF will be allowed access to one laptop and "WiFi device” for roughly 6.5 hours while meeting with counsel in a courthouse cell block attorney room.

Regulations

Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M

Even altcoins slumped, with only Ripple and Cardano registering inflows.

Ethereum

Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M

Digital asset investment products saw $55 million in outflows for the week of September 13-19, according to a report from CoinShares. 

Optimism surrounding what was previously thought to be the impending approval of a spot-based Bitcoin exchange-traded fund has begun to give way as $42 million worth of the week’s outflows came from BTC alone.

Ethereum products didn’t fare much better given its market share. Ether funds saw $9 million in outflows, while Polygon, Litecoin and Polkadot also saw outflows totaling a combined $2 million.

The only cryptocurrencies to experience inflows for the week were Ripple and Cardano. The former saw $1.2 million in inflows and Cardano pulled in a modest $100,000.

Related: Bitcoin ETFs: A beginner's guide to exchange-traded funds

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