(8/8) Uphold will continue to list XRP until and unless the Complaint is adjudicated against Ripple - specifically citing that XRP is, today, a security, or trading volume dissipates to a point where we can no longer support.
(1/8) Uphold hopes that due process resolution to the SEC/Ripple dispute can both set the goalposts for token offerings going forward, as well as clear the fogbank of uncertainty that now presumably settles over the Stellars and Filecoins of the world, if not ETH itself.
Agree with our friends at Flare regarding both XRP and Doge pumps. No shady shorts to squeeze here, and while folks might be trying to make a statement, perhaps an interesting one, somebody, maybe you, is going to be left holding the bag. Focus on underlying merits, not the hype.
(4/8) Can something be born a security and metamorphosize into something else? How is" invoking billion dollar losses for innocent third parties", as an ex Comissioner of the SEC recently put it, in the interest of protecting consumers?
(7/8) the clarity we're all hoping for. Meanwhile, we'll tiptoe in the fog, listening to the party happening in the panda enclosure, and the amusingly bitchy schadenfreude of some of our colleagues.
(5/8) We work in the most exciting industry of our day. This truly is the second coming of the Internet. As with all human activity, there are the well intentioned, the criminal and the crazy. But, most importantly, there are the innovators. The agents of all human progress.
(3/8) (most of whom probably assumed tacit approval after seven years of inaction), but also threatens to harm participants in similar projects. as well as virtually assure that the US will not be home to Silicon Valley II, by rights - the US's to own.
(2/8) The SEC is a lion in the service of protecting consumers and stopping bad actors, but the Ripple Complaint presents various conundrums: What if punishing the actions of a couple of parties not only directly harms XRP holders...
(6/8) Perhaps the innovator in question poked the lion and got swatted. Now we have to see whether the lion gets up and finishes the job, or returns its attention to more likely (and deserving) next meals. It's this next action that holds the promise of providing...
We're deeply sorry to all of our users who had difficulties trading this morning. We're still investigating why our server upgrades failed to handle this morning's load...
(1/2) Wanted to let Uphold users know that, as a step in trying to help victims of the Cred collapse, The Flare Foundation has agreed to grant Uphold's users who may have lost their XRP with Cred their corresponding amounts of Spark token.
(1/8) 1st posting in 2+ yrs. Biggest prior post: Uphold would be Only US trading venue not dropping XRP in wake of SEC's lawsuit. That decision, born of conviction (& trust in Paul Hastings) drove Uphold's growth and was subsequently proven to be the right decision by the courts.