Tech Brew Ride Home Wed. 12/23 – XRP, The 3rd Biggest Cryptocurrency Might Be In Big Trouble
Dec 23, 2020
The SEC's lawsuit against Ripple could shake up the cryptocurrency market, raising serious concerns for XRP. Twitter's awkward follower transfer issues continue, while Zoom is eyeing expansion beyond video into productivity tools. Apple unveils a quirky patent allowing AirPods to be controlled by your teeth! Meanwhile, the tech realm is buzzing with Telegram's growth and new monetization strategies. Lastly, young digital creators are reshaping content, proving that the landscape is evolving rapidly.
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SEC Lawsuit Against Ripple
- The SEC lawsuit against Ripple alleges a $1.3 billion unregistered security offering through XRP sales.
- This could delist XRP from exchanges and require platforms to register as securities exchanges.
Biden's Twitter Transition
- Twitter will reset the @POTUS account followers to zero for Biden, unlike the 2017 transition.
- Followers of current White House accounts will be given the option to follow the Biden administration accounts.
Telegram's Monetization Strategy
- Telegram, approaching 500 million users, will monetize with ads in public channels, not private chats.
- CEO Pavel Durov emphasizes user respect and staying independent, unlike WhatsApp.