Ripple, Shiba Inu, Dogecoin: PoW ban and Ether regulation



Investing.com – Ripple, SHIBA INU and Dogecoin are all posting losses on Monday, January 17, 2022. Ripple is down -3.20% to $0.7532, while it is down -5.10% to $0.000029 and fell -5.49% to $0.1684,

Ripple: Is regulation really the goal?

Nic Carter of Castle Island Ventures recently tweeted that he was cutting off all contact with anyone working directly or indirectly with Ripple. Its rationale is as follows:

“If you work with Ripple in any way, if you’ve ever worked with them or taken money from them, you’re dead to me. It’s that simple. Their whole strategy is to lobbying to a) get Bitcoin/PoW banned and b) pass Ethereum as a stock. Just awful people.”

Ripple’s CTO, David Schwartz, couldn’t let this happen and answered :

“This is totally absurd. Each of these two points would be a disaster for Ripple”.

Shiba Inu distances itself from information posted on CoinMarketCap

The official SHIB account tweeted that extreme caution was in order regarding Shiba Inu addresses listed on CoinMarketCap.

Addresses on the Binance Smart Chain, and have no connection with the project and it could happen that “funds are irretrievably lost” if one interacts with these addresses.

Dogecoin Founder Reports Strange Activities

Cryptocurrency exchange Crypto.com halted all payments after suspicious activity occurred.

The founder of Dogecoin, Billy Markus, had already reported some time ago that unexplainable activities were taking place.

Crypto.com posted the following message:

“We have a small number of users who have reported suspicious activity on their accounts. We will soon be pausing withdrawals as our team is investigating the issue. All funds are safe.”

Podcaster Ben Baller appears to be among those aggrieved and has tweeted :

“I messaged you a few hours ago to tell you that 4.28ETH disappeared from my account and I’m also wondering how the attackers were able to get through the 2FA”.

The coming hours will tell if the funds are really safe.

By Marco Oehrl

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