Ripple nearly shut down after the U.S. Securities and Exchange Commission (SEC) sued the company, with CEO Brad Garlinghouse considering whether to end operations, distribute XRP holdings to shareholders, and close the business. Ripple Considered Closing After SEC Lawsuit Put Company at Risk Ripple CEO Brad Garlinghouse revealed that the company considered shutting down after […]
Campbell Harvey, a Duke University finance professor, says an attack on Bitcoin that once looked economically self-defeating may now be financially viable because deep derivatives markets could let an attacker profit from the resulting price collapse. Harvey outlined the argument on Scott Melker’s “The Wolf of All Streets” podcast, describing a theoretical operation in which […]