Ripple tried to bribe its way onto Coinbase, reports Bloomberg
News & Commentary
Scoop: Ripple dangled money in front of Gemini and Coinbase (including a $1 million cash payment and a loan of more than $100 million worth of XRP) in an attempt to get the exchanges to list XRP, four people familiar with the matter say https://t.co/fqWtG82u8X— Lily Katz (@LilyKatz) April 4, 2018
The news report directly contradicts a persistent Twitter-rumor that XRP would indeed be listed at these exchanges:
Further news on $XRP/Coinbase rumor: Just heard from someone who was at Coinbase's Xmas party that talk about XRP getting added was top of discussion among employees. Seems it's real, folks. Coinbase is going to make a ton from the amount of everyday people rushing to buy.-- Logan Kugler (@logankugler) January 3, 2018
Commentary on Ripple and securities law:
:3: XRP is a security. Ripple Co is the issuer. Brad Garlinghouse, Chris Larsen, and other Ripple Co executives are subject to the anti-fraud laws under SEC jurisdiction.— :: lawson baker :: (@lwsnbaker) April 4, 2018
Including those tweets above and many more.
Commentary from the legion of Ripple Twitter bots:
lol these guys always pop up in your TL within 60 seconds of saying the 'R' word— میگم نره٬ میگه بدوش (@arbedout) April 4, 2018
Joined June 2011, 16 tweets, all in the past 9 hours, all the same nonsense pic.twitter.com/tvI1DMQcSq
It is not uncommon for tokens to pay to get listed on exchanges. However, major U.S. exchanges tend to be more conservative in light of the SEC's statement that crypto exchanges must register as Alternative Trading Systems.
Technical & Updates
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PSA: SHA2 miners would indeed be obsoleted by a PoW change, but that's *normal* for miners: every generation has been made obsolete and unprofitable by every generation of SHA2 miners after that. Halong's AsicBoost miners made Bitmain's (publicly-available) SHA2 miners obsolete.— Luke Dashjr (@LukeDashjr) April 4, 2018
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