AMM is coming - BIG News for Badass Yeti NFT holders - Coinbase - Who is Mr. K?
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Show Summary
- XRP Victory Day: Celebrating one month since Judge Torres declared XRP not a security, marking a significant moment for the crypto community.
- Evernode and Hooks: Exciting developments in the XRP ecosystem, bringing flexibility and interoperability to the platform.
- Evernode Evers Drop: Airdrop of XRP tokens for self-custody holders on September 1st, excluding whales and participation from off-exchange sources.
- Automated Market Makers (AMM): Discuss the tech behind AMMs and best practices to avoid beginner mistakes in trading.
- Payment engine capabilities: Develop a payment engine capable of executing payments in any practicable form through numerous pathways. Liquidity must be provided and consumed from various sources, including the order book, the decentralized exchange, and the automatic market maker pools.
- XRP Ledger's AMM advantages: The decentralized exchange calls for a helping hand to effectively provide the best liquidity to the XRP Ledger's payment engine. The AMM pool is chain native, eliminating any need for developers to create their own potentially risky smart contracts.
- Ripple vs. SEC case: Legal scholars rally behind Coinbase. Six experts filed an amicus brief emphasizing the broader impact of the case.
- Unchained Elephants partnership: Badass Yeti holders receive an Unchained Elephants NFT and support a rescue mission for a one-eyed elephant named Kanun.
- Unchained Elephant Project: Raised $19k to purchase an elephant and set it free—exciting news for the project and animal lovers.
- XRP Gold Coast 2024: Conference happening in March 2024, sponsored by VPM Wallet, tickets on XRP Ledger. An excellent opportunity to meet like-minded people and learn from extraordinary minds. Learn more here.
- SEC vs. Coinbase: Six securities law scholars filed an amicus brief that shreds the SEC's investment contract theory. The brief traces the history of the meaning of investment contracts before and after the passage of federal securities in 1933.
Links to Articles We Discuss
XRP VICTORY DAY!
— Moon Lambo (@MoonLamboio) August 13, 2023
It has been exactly 1 month since Judge Torres declared XRP IS NOT A SECURITY.
That’s the law of the land. Haters be damned.
Yes we deserve to enjoy this. And I do. Are you? 🤘🏻
The shirt of the century! #XRP #XRPCommunity 👇🏽🔥🚀@on_the_chain @Jeff_OnTheChain @stephenchip pic.twitter.com/oM2mHEhLkm
— 🐺 APEX Crypto 🌙 🚀 (@ApexCryptoAlpha) August 8, 2023
[1/🧵] #XRPL — Automated Market Maker — Part 1/2
— Krippenreiter (@krippenreiter) August 13, 2023
One of the most eagerly awaited improvements & developments to the #XRPLedger's subsystem within rippled, the so-called "Payment Engine".
Part 1 of this series will focus on the positive aspects that are unique to the $XRPL 🧵👇 pic.twitter.com/uRPxcULVad
Dave as usual is 💯 in his analysis below. The Court would have to ignore the common enterprise factor of the Howey test. The SEC ignores this factor (see Footnote 10 of its 2019 Framework for Digital Assets), but the Supreme Court requires it. In order for the SEC to win against… https://t.co/aSHXt2Igtu
— John E Deaton (@JohnEDeaton1) August 12, 2023
This is exactly what I was hoping for when I announced I would not be filing an amicus brief on behalf of token holders/customers. Because it solely involves an issue of law, I said there were others much better suited to speak on the matter. I was right!… https://t.co/izMVvmSoVk
— John E Deaton (@JohnEDeaton1) August 13, 2023
We will win. And always remember who was the first group fighting SEC overreach! https://t.co/mmq6eAFYGk
— John E Deaton (@JohnEDeaton1) August 12, 2023
I recall it vividly.
— Chip – onthechain.io (@stephenchip) August 13, 2023
I will never forget.
And the man who stood up to represent over 75,000 XRP holders, making this victory possible against the SEC, will always be etched in my memory.
Your efforts culminated in an epic win! https://t.co/p5AiAklCEI
Well said, Mark! I second it.
— Chip – onthechain.io (@stephenchip) August 12, 2023
❤️ Love the XRP community.
We are all on the same team!
We are all on the same team! #XRPCommunity https://t.co/xg1xt0JKC3
— Chip – onthechain.io (@stephenchip) August 12, 2023
Hold onto your Yeti snow goggles, fellow adventurers! We've teamed up with the mighty Unchained Elephants 🐘🔗 @unchainelephant for an expedition you won't forget.
— Badass Yetis (@badassyetis) August 12, 2023
Together, we'll embark on a grand rescue mission for Kanun, the one-eyed elephant from the tropical lands of… pic.twitter.com/6PnaD1gAfn
Meet Jedi Master Mr. K — he's got a story to tell.
— On The Chain ® (@on_the_chain) August 12, 2023
Join him at the XRPL Gold Coast Conference in 2024.
Register your interest @ https://t.co/emCfgSaSxW
Follow @wave_of_innov
Subscribe to Mr K. https://t.co/CCNO1fMlIJ#XRPGoldCoast2024 pic.twitter.com/EWy1ajm4rk
SEC v. Coinbase, Big Update:
— MetaLawMan (@MetaLawMan) August 12, 2023
Six Securities Law Scholars File Devastating Amicus Brief in Support of @Coinbase.
Law Professors from Yale, Univ. of Chicago, UCLA, Fordham, Boston University and Widener filed an amicus brief last night that Absolutely Shreds the SEC's…
That is huge. Doesn’t it cast some doubt on the correctness of this finding against Ripple in the Torres decision. If the six Securities Law scholars are correct it seems Torres J. got this wrong. https://t.co/lrFvoZ7KjN pic.twitter.com/oZWFswED2W
— bill morgan (@Belisarius2020) August 12, 2023
Return of the XRP - SEC WARS
Epic Fail Hall of Fame inducted Gary and the SEC on July 13, 2023. Their XRP-as-security claim collapsed while XRP coolly moonwalked into the sunset, sporting its sparkling legal clarity like a new pair of Ray-Bans.