global 703 crypto neutral
Ripple has had a successful couple of days, winning a second case against the United States Securities and Exchange Commission (SEC) and being featured in a prestigious Fintech 100 list. The court ruling from July was upheld and a trial date of April 24, 2024 was set. Ripple also unveiled a new anti-fraud feature for the XRP Ledger called “Clawback”. The price of Ripple’s native token, XRP, surged after the court ruling and reached almost $0.55. However, it has since followed the bearish trend in the overall cryptocurrency market and is now trading at around $0.52. The popular memeceoin Shiba Inu also made the news after a Twitter user alerted the community that the SHIB Telegram admin account had been compromised and a fake BONE token airdrop was being advertised. LUCIE, Shibarium’s Marketing Strategist, also warned individuals to be wary of bad actors using the memecoin’s logo or Shibarium’s name in their projects. The layer-2 blockchain solution officially went live at the end of August.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries
Sentiment neutral
Relevance Score 8
People PrimeXBT, Vet Kusama, Judge Torres, Binance, LUCIE
Companies XRP Ledger (XRPL), United Securities and Exchange Commission (SEC), Binance, Shiba Inu, Ripple
Currencies Ethereum, XRP, Bitcoin, Shiba Inu, Bone ShibaSwap
Securities None

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