Tag Archive : Ripple

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It was only five years ago that Epic Games’ Josh Adam and Bill Bramer were onstage at Apple’s WWDC demoing Fortnite and talking about how incredible the iOS platform is for developers. Unless you’ve been hiding under a rock, you know where this is going.

The legal and public relations battle that Epic launched against Apple for delisting its app from their stores demonstrates a clear rebellion against the power of the platform that it once headlined.

Epic Games isn’t David fighting Goliath. Sure, it’s fiscally insignificant compared to Apple: revenue of $4.2 billion in 2019 versus Apple’s $260.2 billion. But we’re still talking billions, and it will have an impact far beyond these two companies.

In the beginning, Epic looked like it was taking a stand against injustice and representing all gaming companies who suffer that 30% cut in revenue on all in-app transactions. But the longer this goes

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According to Chris Larsen, co-founder and executive chairman of Ripple Labs, the company is likely to move its headquarters overseas because due to the regulatory stance of the federal government towards the crypto industry. 

Larsen made the comments at the LA Blockchain Summit on Tuesday. He argued that almost every country besides the U.S. has a favorable system to regulate crypto, adding that the U.K. and Singapore top the list of likely new locations if the San Francisco-based company indeed decides to leave the U.S. 

Ripple has been in an ongoing legal fight with investors who allege that the company violated state and federal securities laws by selling the digital currency XRP. The firm maintains that although it owns a large amount of XRP, the network used to settle XRP transactions is decentralized.

“Purchasing XRP is not an ‘investment’ in Ripple; there is no common enterprise between Ripple and XRP

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