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  1. I was going through the ledger looking at how Ripple.com sets up their accounts. Many of their accounts have 4 of 8 signatures required and master key disabled. Hypothetically, if the first four signers were all compromised, the original owners could still use the last four signers (5-8) to change signers 1-4. In this rare event, what's to stop thieves with signers 1-4 from removing/altering signers 5-8, essentially locking out the original owners completely? I speculate that they have signers 5-8 locked up in safes somewhere as a backup last resort and a 50% quorum so that they could
  2. Here's the link: httpsps://www.sec.gov/Archives/edgar/data/1048702/000119312521047532/d119950dex9928p7.htm Search keywords "xrp" or "cryptocurrencies" to find the relevant section.
  3. Guys, Below is your May 2020 update on the lawsuits filed against Ripple Labs, Inc. As of today, May 4, 2020, there are four (4) open or active cases Ripple Labs, Inc is involved with and litigating. TL;DR - A new securities related lawsuit was filed against Ripple Labs, Inc. last week. That is three, securities related lawsuits Ripple is now defending. The open or active cases are in bold: 1.) 2014 - Ripple v. LaCore Enterprises (closed) 2.) 2015 - Ripple v. Kefi Labs (closed) 3.) 2015 - Arthur Britto v. Jed McCaleb (closed)** 4.) 2016 - Bitstamp v. Ripp
  4. Guys, Below is your March 2020 update on the lawsuits filed against Ripple Labs, Inc. As of today, March 20, 2020, there are two (2) open or active cases Ripple Labs, Inc is involved with and litigating. TL;DR - A new lawsuit was filed against Ripple Labs, Inc. on March 12, 2020. The open or active cases are in bold: 1.) 2014 - Ripple v. LaCore Enterprises (closed) 2.) 2015 - Ripple v. Kefi Labs (closed) 3.) 2015 - Arthur Britto v. Jed McCaleb (closed)** 4.) 2016 - Bitstamp v. Ripple, Jed McCaleb, Stellar (closed) 5.) 2016 - Ripple v. Pixel Labs (clo
  5. “Director William Hinman, head of the Division for Corporate Finance, says that the SEC may issue No-Action Letters for projects whose tokens are now in compliance, even if the original sales pushed the boundaries of securities regulations.“That’s the flexibility of the regulatory framework that we’re working with,” he said.” Source: https://cryptobriefing.com/good-news-ripple-sec-crypto-ico/
  6. With ever increasing achievements towards a fully usable quantum computer by so many nations, is there a plan in place to secure against quantum computers (if not done already)? @JoelKatz it would be great if you could give us your insights in this matter. Cheers!
  7. David Schwartz just spoke at the SXSW conference in Austin, Texas. He argued that XRP is not a security. This article explains more. Do you think it is a security or not? Let me know in the comments below.
  8. DEFINITIONS Cold Storage (cold wallets) To create a cold wallet, first lets try to use a broadly accepted definition for that: https://en.bitcoin.it/wiki/Cold_storage Adaptation: In order to keep a reserve of ripple balances offline, I understand that the balances must be held by a key that has never been online and is out of the reach of online thieves. Wallet or Account A pair of public and private cryptographic keys that can hold value and create transactions (Master/Regular Key and Public Key). Wallet File A file that can be opened by a client which wi
  9. I've been wondering about this question regarding big players, institutions and such.. Can custody solutions somehow be integrated with markets? What I mean is, when it is not secure to keep huge stacks of xrp on the exchanges, what happens to liquidity? Can somebody have their assets safe at the same time as having them on the market? (Thinking about xRapid here). Sure my zerps can't be both on the nano s and exchange x simultaneously, but how about custody and other large scale stuff?
  10. https://www.bnnbloomberg.ca/the-open/what-s-ahead-for-cryptocurrencies-and-cryptoasset-regulation~1463272 Don Tapscott, head of the Blockchain Research Institute, tech futurist and author of the 'Blockchain Revolution,' joins BNN Bloomberg to discuss his outlook for cryptocurrencies, which are struggling this year. He also outlines some of his recommendations for cryptoasset regulation. 04:45 (..) Utility tokens that perform some kind of function in a business - most of those are not really securities (..) Regulators need to understand the differences between all of these. 06:45
  11. https://globalcoinreport.com/here-is-the-upside-of-ripple-xrp-being-declared-a-security/
  12. The _____ (name your favorite federal government department) has just _____ (past-tense verb) the _____ (noun) for the _____ (number) time, according to _____ (favorite news source). While Bitcoin and Eth are in the clear, Ripple is still waiting _____ (adverb) for a _____ (adjective) ruling. The ______ (same department) has promised that _____ (date) will be the absolute latest Ripple has to wait. In an _____ (adjective) move however, the _____ (name a different federal department) has totally _____ed (past-tense verb) over the _____’s (first department) head, demanding that _____ (altcoin w
  13. Consensus is better than Proof of Work. When it comes to all categories of strengths for a decentralized cryptographic network, XRP is stronger than Bitcoin in every category: Double-spend prevention, security, censorship-resistance, dependability, scalability, and settlement speed. The fact that we're even still talking about Bitcoin in 2018 is a testament to how effective protectionist market interference can be; but XRP doesn't care - it is being adopted at scale by real businesses for real global commerce. There are a myriad of reasons for this, but in this blog, I focus in on
  14. Hello everybody, to secure your accounts we urge all our users to NOT reuse their passwords and to turn on two-step authentication. You are strongly advised to set up 2-factor authentication (2FA). This is an additional security measure to ensure you are the only one who can access your wallet. Below are the instructions on how to set up 2FA. Download the Authy or Google Authenticator app to your mobile device. Login to your GateHub account and navigate to settings -> security -> 2FA and turn it on. Open your authentication app and scan the on-screen QR code.
  15. Here's another take on the matter... Ripple (XRP) Given Opportunity To Prove Itself By Ulysses Smith - May 8, 2018 https://stocksgazette.com/2018/05/08/ripple-xrp-given-opportunity-to-prove-itself/ "The Class Action suit brought against Ripple (XRP) by James Coffey has attracted sharp reactions from the Twitter community; with many holding the view that it’s misplaced and doesn’t represent all the XRP investors as termed in the suit. And to some, this is an opportunity for Ripple to prove what it has maintained all along: XRP isn’t and doesn’t qualify as a security." "
  16. Article is a year old but its now relevant. It's long...but I feel it will help this discussion. I don't believe XRP will be classified as a security at all and mostly it's just a lot of FUD in the air.
  17. Hey all, I would just like to alert new investors to be careful with the following site https://ripple-cloud.com/ and its twitter https://twitter.com/RippleCloud I lost almost 1800 XRPs and it's something I do not with wish to anybody. I live in Mexico so its ~$55k - $60k Mexican pesos over here, amount that its not easy to come by. We talked about this on reddit and turns out there are a lot of people falling in this, probably its something bigger than we expect and it might not be just 1 guy making profits out of this but maybe a group of people. I'm new at this so I pa
  18. Until today, to process XRP into Escrow an individual needed to interact directly with Ripple or have fairly advanced coding skills with a deep understanding of blockchain technology. NOT ANYMORE!!! Secure Block Chains has created a very simple platform called Reservoir Lite. It enables users to process their XRP into escrow by filling out a single online form and then transmitting the XRP to escrow right from their desktop wallet. Once the escrow expiration date has passed you can use one simple form to release your escrow back into your wallet. We have consulted with some of the top XRP
  19. http://www.altcointoday.com/russia-blogger-boasted-crypto-wealth-beaten-robbed-425k A good reminder for zillioners out there... you never know who might be watching while you publicly show off your zerps.
  20. https://finance.yahoo.com/news/researchers-finds-one-person-likely-174057067.html Can anyone here explain what this article is going on about in layman's terms? What I got was that one exchange was hacked, bunch of false trades made, somehow the false trades equated to 600K BTC actually moving to someone's wallet/account, but that also those trades somehow pushed the price from $150 to $1000. It didn't make much sense to me. Assuming those things are true though, is it possible for a single account to do something similar to an exchange for XRP? Like if binance was hacked, could s
  21. According to Bleeping Computer's calculations, as of writing, the attacker collected 669,920 Lumens, which is about $400,192 at the current XML/USD exchange rate. https://m.slashdot.org/story/336101 https://www.bleepingcomputer.com/news/security/hackers-hijack-dns-server-of-blackwallet-to-steal-400-000/
  22. Guest

    Security Purchasing Ripple

    With so many scam websites online how can you be sure of an honest transaction when purchasing XRP. I have looked at CRYPTOMONSTER, you select the XRP quantity you wish to purchase, are then given a bank account to transfer funds too {These appear to be account details of various individuals} you transfer your funds and then have to trust that your XRP appear in your wallet. What safeguards are there in purchasing not only XRP but any cryptocurrency?
  23. Guest

    Beware Scam Exchange

    BEWARE AND PASS THIS ON CryptoExchang - Bills themselves as Worlds Most Trusted. "Worlds Most Trusted Crypto Currency Exchange", who can neither spell EXCHANGE (It should have an E on the end) - Cannot spell TESTIMONIALS (Menus top & bottom say TESTMOINALS) , who links their social media icons to nothing but their own website and Google Maps shows their address as in the middle of an empty field. Haha nice try scammers. https://cryptoexchang.com/ripple.php
  24. Hello everybody. Long time lurker, first time poster. I’ve been snooping around the forums for a fair while now, enjoying the eclectic mix of speculation, analysis and amusing kid’s aspirational Lamborghini dreams. All while attempting, as I’m sure we all are, of forming my own view of this potentially exciting utility-based crypto world. My views are my own and I have no intention of discussing, coercing or belittling yours within this space or attempt to shill or otherwise promote any other crypto. This is not the purpose of this post. I’d like to begin with saying sorry for the po
  25. I'm sure this is old news for many of the members here but it might be useful for newer members or lurkers. I have seen thousands of XRP cold wallets sucessfully sold on eBay, some empty and some pre-loaded with XRP. Despite claims in the listings that "all security keys are destroyed after production", the fatal security flaw with every last one of them is that you are trusting that no one in the entire manufacturing process took a photo of or wrote down the secret key. There is a period of time before the scratch-off material is applied, when the secret key is visible to anyone in the m
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