10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Blockchain

John Deaton Says XRP Community Helped Sway SEC Lawsuit Outcome


XRP tokenholders were a tipping element that helped secure Ripple Labs’ win against the US securities regulator, which ultimately ended last month when both sides agreed to drop appeals. 

The SEC sued Ripple in 2020, accusing it of selling the XRP (XRP) token as an unregistered security. Judge Analisa Torres ruled in 2023 that only some tokens could be considered securities and the case finally ended in August this year.

Now the dust has settled, crypto advocate and lawyer John Deaton said, “no credible person can argue” that the “XRP Army”…



Source link

by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link