$108,240.00
-0.22%$2,516.56
-1.59%$2.32
-0.90%$665.97
-0.23%$173.75
-1.20%$0.99976
-0.00%$0.223737
-2.65%$0.74322
-2.83%$0.27183
-0.27%$2,513.86
-1.66%$108,030.00
-0.13%$3.63
-1.16%$34.76
3.05%$3,027.22
-1.60%$15.45
-2.45%$22.90
-2.02%$0.286222
-1.70%$0.00001447
-0.58%$425.51
-1.06%$8.84
0.33%$0.188628
-2.48%$408.35
4.72%$3.02
-0.26%$95.76
-1.25%$2,517.99
-1.40%$4.54
-1.79%$0.999787
0.00%$5.52
-0.68%$2,686.83
-1.54%$1.00
-0.05%$0.00001377
-2.41%$0.769667
-1.68%$1.001
0.08%$31.75
-0.09%$108,203.00
-0.23%$266.50
2.42%$432.52
0.72%$6.08
-0.80%$2.77
-2.58%$5.24
-3.33%$209.41
-1.22%$52.18
-0.07%$0.941999
-1.42%$1.00
0.00%$0.095813
-0.82%$0.107301
-1.79%$18.31
-2.13%$5.20
-2.06%$34.05
2.09%$1.17
0.03%$21.30
-0.67%$12.84
-0.50%$0.733392
-0.70%$4.71
-1.47%$0.02722198
-3.71%$0.862983
-0.02%$0.99965
-0.07%$0.369209
-2.65%$4.70
-2.97%$1.39
-2.07%$0.231004
-3.66%$107,736.00
0.06%$1.053
0.01%$4.43
0.35%$0.38914
-2.74%$2.82
-2.07%$0.217348
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0.37%$0.999597
0.19%$4.62
-0.48%$0.00002065
-4.71%$0.541499
-5.19%$2,515.74
-1.62%$182.85
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-1.46%$0.895071
-2.63%$1.98
-1.67%$13.16
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1.50%$2,630.28
-1.37%$0.729886
-5.00%$0.01864007
-0.32%$2,856.89
-1.60%$1.00
0.10%$0.221664
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0.27%$0.629876
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-3.77%$0.068553
-2.07%$108,043.00
-0.20%$1,632.70
-2.28%$0.107043
-3.61%$0.758883
-3.06%$0.00009857
-4.99%$225.53
-0.94%$2,679.52
-1.67%$3.15
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0.05%$0.999064
-0.11%$108,030.00
-0.11%$193.66
-0.90%$0.860504
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-2.11%$2,638.87
-1.57%$108,249.00
-1.07%$0.0186611
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0.01%$665.67
-0.38%$3,360.18
-0.09%$0.01306007
-1.79%$0.879906
1.57%$0.813635
0.51%$3,367.00
-0.04%$48.79
2.47%$2,632.79
-1.56%$0.206598
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0.75%$4.13
2.95%$0.305684
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-2.10%$36.45
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1.70%$0.00000072
-0.90%$0.538262
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-2.75%$107,585.00
0.04%$0.116025
-0.82%$1.00
0.03%$1.88
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-3.01%$0.612828
-2.83%$111.17
0.00%$0.997888
0.01%$0.398279
-3.07%$2.04
-0.74%$0.01850894
-1.15%$0.062588
-9.60%$2.19
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0.35%$0.223784
-2.47%$2,518.35
-1.55%$108,112.00
-0.33%$2,515.07
-1.70%$0.522898
-0.66%$2,680.96
-1.76%$2,585.34
-0.69%$0.646388
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0.13%$17.88
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2.68%$0.998355
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-0.09%$0.625227
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10.26%$1.95
-1.52%$0.0000012
0.39%$7.13
-2.63%$105,673.00
0.02%$0.180972
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-7.16%$6.46
-1.95%$0.181455
0.52%$2.81
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0.00%$0.09629
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0.12%$0.060203
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2.91%$0.00464904
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-1.63%$0.04322332
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0.00%$1.00
0.01%$1.49
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2.79%$2,513.71
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0.20%$1.20
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0.04%$34.76
2.85%$0.01938966
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0.33%$0.558786
6.57%$0.998377
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13.38%$2,516.80
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0.03%$0.225353
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16.93%$1.00
0.02%$0.685857
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1.46%$0.561523
2.16%$0.660824
-1.91%$2,173.22
-0.19%Reading
Crypto giant Ripple, which builds software that powers the market’s third most-capitalized cryptocurrencycryptocurrency XRP, today filed a lawsuit against video-streaming powerhouse YouTube.
Ripple Labs, along with its CEO Brad Garlinghouse, filed the lawsuit in a federal district court in Northern California.
The complaint alleges that a wide number of XRP giveaway scams have made their way onto YouTube’s website, and that YouTube has failed to take action against them despite Ripple’s demands. Further, Ripple alleges that YouTube has repeatedly verified accounts that execute scams and has granted “verification badges” to phony channels.
We see a need—now, more than ever—to protect our community from dangerous online giveaway #scams and #fake impersonations across @YouTube, @Facebook, @Twitter and more. https://t.co/MCLC2edOQA https://t.co/wycFuIhQXc
— Ripple (@Ripple) April 21, 2020
Ripple is now asking a federal court to force YouTube’s hand, and to prevent the video-streaming giant from further profiting from these scams through ad revenue generated from their views.
“We see a dire need—now, more than ever—to protect consumers around the world from dangerous online giveaway scams and false impersonations across YouTube, Twitter, Facebook and more,” the crypto firm said in a blog post.
Representatives for YouTube did not immediately respond to Decrypt’s request for comment.
Court documents allege that Garlinghouse and his company have suffered “irreparable harm” to their public images as a result of XRP scams on YouTube. The filing also claims that these scams have resulted in users being defrauded of “millions of XRP valued at hundreds of thousands of dollars.”
Crypto giveaway scams typically involve a bad actor impersonating prominent members of the cryptocurrency industry in an attempt to swindle users into sending funds in exchange for a chance at big winnings in return. Such scams also proliferate on social media platforms such as Twitter, with fraudsters impersonating the likes of Tesla and SpaceX founder Elon Musk and others.
Imagine building up a YouTube channel with hundreds of thousands of subscribers, only to be hacked, and to have your channel turned into a puppet site for a crypto-scam. That’s exactly what’s been happening for months. Last week, it happened to Adam Jicha, a Czech YouTuber whose gaming channel Roth Wellden had over 300,000 subscribers. “Someone hacked my YouTube Channel with over 310,000 Subscribers and deleted all my videos. What to do? I can’t contact anyone, please help. @YTCreators,” Jicha...
Online scams like these have surged in the past month thanks to the growing COVID-19 pandemic. The Commodity and Futures Commission (CFTC) reports that as of January 1 of this year, coronavirus-related fraud has resulted in more than $13 million in total losses.
Last week, the Federal Bureau of Investigation (FBI) announced that it was expecting an upsurge in crypto-related fraud as the virus continued to spread. Common examples have included false BTC donation requests from organizations such as WHO and the CDC.
Formula 1 has renewed its partnership with exchange platform Crypto.com, extending the agreement through 2030 as both entities seek to capitalize on their shared momentum. The renewed partnership will see Crypto.com continue to feature prominently at key Formula 1 events, including the Miami Grand Prix, where it has been the title sponsor since the race’s inception in 2022. The deal, first inked in 2021, marked Formula 1’s foray into the crypto world at a time when digital assets were experienc...
Mo Shaikh, a co-creator of the Aptos blockchain and co-founder and CEO of the Aptos Labs firm that helps support it, announced Thursday that he's leaving the company to focus on a "new chapter." "Today, I am stepping away from Aptos Labs to start a new chapter," Shaikh wrote on X. "One of my true passions lies in building companies from the ground up, and we have done that at Aptos Labs by building a world-class team." "I leave Aptos Labs with the utmost confidence in the team," he continued, "a...
Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025, according to a statement shared with Decrypt. It marks the exchange's first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals. "While I can't provide a de...
